How can I be Financially independent this year?

Yugocean

Valued Contributor
I wonder if the people giving you answer are themselves financially independent?
Do they themselves follow any idea they are sharing?
Coryptocurrencies have given a hope to people to become financially independent, but not completely, this requires trading and exchange platforms. Wallets/sites which allows withdrawing crypto to banks.
People need each other.
 

Setho

VIP Contributor
The journey to financial freedom is supposed to be a slow and steady one and not a rocket. The goal is that one day you are going to be financially free and better of them the way you are no but then you would have to make conscious and realistic plans in order not to lose it all.
 

Sherman198

VIP Contributor
Being financially independent is a very powerful thing. It's like having a complete freedom to make decisions for yourself. However, before we attain this height, we need to look for money and invest in ourselves by learning one or two viable skills. Then, we can now established a business based on what we have learnt. There are so many skills we can learn, both online and offline. Online: Programming is there to learn, Graphic design, web design, etc... Offline: You can learn a farming business it's really selling .
 

Samuel72

Verified member
according to my own point of view the best way for you to be financially independent is by having your own business, your own investment, with these you can be able to control your own cash flow, you can also be able to manage your income, and at this point you can create your own policy, your own rules and regulation in your organisation. And also at this point in time you can now be free from every financial dependence
 

Planet408

Active member
There are businesses you could do but I would have loved it if you had stated the amount of capital you have to start up the business you wants to start. You can be more specific about this. This is because you need to venture into a business or skills that gives you some level of excitement.
 

Highflyer

New member
Being financially independent requires you to take a lot of life changing financial decisions. You have to make sure you're not idle and do anything legitimate that brings you money. However working towards your goal is not enough, you have to save and invest your money too. You should also avoid spending unnecessary on frivolous things that do not add value to your life.
 

Wisdom01

Valued Contributor
You have to do the thinking yourself, people can only advise you and give hints on how to go about it, they can not tell you what exactly to do. What is that area that interests you the most? What is that skill that you have or learnt that you think can be monetized? Think about it, and once you have an idea, work on it immediately. Don't wait till you have plenty money before you start, all those big companies started from somewhere too.
True no matter the amount you have its best to invest them because your idea can still work out well all you just need to do is to pick the right investment because that one also matters and it is what would determine your success i think , so first consider that
 

Asad Ali

Active member
You have to ask yourself, they can just guide you on how to do it, they can't tell you exactly what to do. What are you most interested in in this area? What is this ability you have or have mastered to monetize? Dream about it, and work on it straight away until you have an idea. Don't wait for you, all of the major corporations have started somewhere before you start.
 
To be financially independent does not come cheap as it sounds. But with a high tenacity you could achieve anything.

What do you have interest in? What skills do you have? What can services can you offer? Maybe building on all those and looking for a way to monetize it is your path to financial freedom.
 

Teatea

Active member
You have to do the thinking yourself, people can only advise you and give hints on how to go about it, they can not tell you what exactly to do. What is that area that interests you the most? What is that skill that you have or learnt that you think can be monetized? Think about it, and once you have an idea, work on it immediately. Don't wait till you have plenty money before you start, all those big companies started from somewhere too.
 

Wisdom01

Valued Contributor
I think if you want to be financially free you have to first learn ways and how to invest , because that is the most important things to consider , before considering anything else i think , since most people have actually made a lot of loss by trying to be financially free and earn some few cash online i think , so there are many ways actually
 

Chibson

VIP Contributor
First of all, you need to know the kind of business you want to venture into whether it is online or offline. then make a lot of research and seek opinion of those who has been doing the business for some time then learn from them. if it is online business you need to create a value because that is the most important aspect after that you can start making a lot of money because value is everything.
 

springtech

Active member
Last year which was the pandemic year was a really low year for me. There were so many things that ate my meagre finances last year. From the Covid-19 pandemic and lockdown which affected my source of income, to the End Sars protest which happened in Nigeria. Plus the border the Nigerian government closed 2 years ago with her unfavorable and elitist policies. It was r a really low year for me.

Many companies including mine downsized which affected a lot of staffs. This year, 2021 is a brand new year and I would live to be really independent financially and no depend on someone or an organization for my daily meal. Please suggest businesses I can engage so as to be financially independent in the year 2021.
To be financially independent you need to be creative, active and smart.
Creativity is the ability to come up with sound ideas that can be converted into business and other such ventures.
To be active is to be up and doing, to be hardworking and not complacent.
To be smart is to be able to take the right, bold, step at the right time, making use of the best tools that can make the job/task easier while delivering the best of results.
A combination of all these withe the Grace of God is enough to make any man rich.
 

IamDozzy

Active member
Last year which was the pandemic year was a really low year for me. There were so many things that ate my meagre finances last year. From the Covid-19 pandemic and lockdown which affected my source of income, to the End Sars protest which happened in Nigeria. Plus the border the Nigerian government closed 2 years ago with her unfavorable and elitist policies. It was r a really low year for me.

Many companies including mine downsized which affected a lot of staffs. This year, 2021 is a brand new year and I would live to be really independent financially and no depend on someone or an organization for my daily meal. Please suggest businesses I can engage so as to be financially independent in the year 2021.
 

Doradorwa

Opportunity seeker
To be financially independent is everyone priority and it is normal for human to feel that way... Firstly cut your budget, secondly get yourself involve in business with little profits... That is seasonal business and try to seize every opportunity around you see them as a way to step up and avoid debt if you want to move forward.
 

Sammyesx

Active member
Everyone wishes to be financially Independent, being financially independent requires adequate planning, you have to know your expenses plan on how to cover them, you need to have a reliable source of income that will make you independent, even better still multiple sources, because of uncertainty, an income route might end unexpectedly
 

Augusta

VIP Contributor
Being independent financially needs one to be determined and hard working. The truth is that money can only be made with concuous efforts, so you should be concious of that. You can work online or start a business you have passion for offline. Just put your mind to start working hard
 

Olajidey

Active member
To be financially independent need determination, we attached so much importance to school that we spend so much time and money but we find it difficult to get a skill both online or offline oriented skill, for example, if you have a skill of a graphic design you can use the skill to earn money by becoming a freelancer.
 

IamDozzy

Active member
You can be financially independent this year when you start to invest in different businesses which include both online and offline businesses. Your different investments will make you financially stable and earn you income. Try to invest in both short and long time businesses. The short time investment will earn you money on weekly or monthly basis while time investment could be bi-annually or annually depending on the kind of trade.
Point noted, but the issue with investing in both online and offline businesses is time. Would I have time for the both of them. Let me use trendri for example, before one earns $1 it can take two days of constantly creating threads and posting. Offline business requires one's undivided attention and commitment to deals and meeting deadlines. Could you suggest ways I can combine the two that is online and offline businesses in order to be financially independent this year.
 

Yugocean

Valued Contributor
There is no business in the world which is completely independent, all are related to each other in some way. Even if you start a website for business, you will need both visitors and advertisers; even if you move to cryptocurrency trading, you will still need makers and takers in this. You just have to re-start your business and adopt a new model which will help is such a situation.
 
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