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10 Ways To Financial Freedom by: Lee Coleman Use any of the 10 following ways to become financially free. In an informative article, find pro's and con's for taking any of the '10 routes' and practical advice for doing so. THINK BIG AIM HIGH! 10. WIN A LOTTERY ' okay,okay I know a lot of Internet Guru's, life-skill advisors and writers who will cringe when they see this. But there are ways of increasing your chances. At the time of writing, the odds of winning the U.K. lottery are around 14- million to 1. There are a number of ways to improve your chances of winning ' Play regularly, the more you play, the better your chances. Join a syndicate, the more lines you cover the better the odds. Use the same numbers, a great number of people who win cash in the lottery use a fixed set of numbers e.g. birthdays of family members, memorable dates, phone numbers etc. Try wheeling pairs, you can find more information about this technique at http://www.thelotterysite.com/predicting.htm. Pro's ' You can become extremely wealthy or be a Millionaire overnight. Con's ' The cost, each line has to be paid for, the odds are still very high. If in a syndicate you will have to share your winnings. This shouldn't be viewed as a good route to take for anyone that wants to be financially free, but if you have a few quid spare, you can be lucky. Maximum return for a minimal investment. Somebody wins every week, you are as lucky as anyone else. 9. MARRY FOR MONEY ' Oooh, that's gonna go down like a fart in a lift! Highly unethical, not recommended, but are you dating? Does it matter how much your partner is worth? 70% of people end up in dead-end relationships, unhappy and broke. You have the choice of marrying anyone you decide to. 37% of people marry for convenience, children, because they get pressured or for legal reasons. Before you marry anyone, find out if they can support you. Don't just settle for second best, if you are NOT totally in love with the person you choose to marry, make sure they are loaded. That way at least whatever problems you have to put up with in your marriage, money won't be a worry. If you get divorced, you can expect to receive a reasonable settlement figure that will help to insure that you are catered for financially. Pro's ' If your partner is elderly you are likely to receive a majority of your spouse's estate, Money makes Money, if you marry a wealthy person the chances are you'll have good opportunities to make your own fortune. Con's ' You make your bed you have to lie in it, whatever happens you are responsible for the decision you made. You may be pressured by family members if they 'get wind' of what you are doing. You may be asked to sign a pre-nuptial agreement voiding your stake in any fortunes. 8. SECONDARY INCOME ' These days it's not uncommon for people to have a second job in order to boost their income. Most people struggle to pay every day bills and expenses let alone afford to have savings or money to spare. Your second job should also generate a large enough income to justify the extra hours you work, but not effect your main income source. ' I had a good friend who worked 2 shifts daily at a paper factory, at the end of each month he took home over double a normal wage'. 'I also used to be a retained firefighter and in a month could earn anything up to Β£1000.00 in addition to my normal monthly wage' Pro's ' With a second income, you should earn enough to ensure a financially secure future and be able to afford a few luxuries. Con's ' How long you can keep a second job going. You will be exhausted And have very little spare time at all. You could be liable for higher taxes which would not make it viable. Your employers may object to you having 2 jobs, you may loose one or both of them. 7. AIM HIGH ' You want to be the boss, are there promotion prospects at work? You could work every extra hour available, be dedicated and if you are successful you may even be head-hunted. ' I employed a sales rep for Β£'18
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