There are four levels to financial freedom: dependency, sufficiency, sustainability, and freedom.
- A dependent cannot afford what to eat, wear, and where to sleep. They have to depend on others to make these ends meet.
- Sufficiency is when you can afford your own food, clothing, shelter, and your responsibilities. Sufficiency is when you can take care of your needs and that of your dependents (household)
- Sustainability is when beyond taking care of the food, clothes, shelter and needs of your household, you have enough to finance your Samaritan duties, savings, and investment.
- Freedom is when your givings, savings, and dividends on investment allows you the luxury to live life without stress.
Steps to changing levels are:
- Acquire productive marketable high earning skills; especially in your twenties
- Wake up early everyday, pray, and work smart with all your might.
- Pay off your debt, earn before you spend, and live within your means
- Give, save, and invest your surplus. The liberal soul shall be made fat.
Prophetic prayers and declaration
I decree and declare that I shall neither scratch nor beg. I am stepping into my financially glorious days! Any power assigned from the pit of hell, my family house, or from the kingdom of darkness against my life is failing in the name of Jesus Christ! I am blessed and empowered to make wealth in the name of Jesus Christ!
Amen