Original post appeared on moneytalknews.com: http://www.moneytalksnews.com/5-ways-begin-your-journey-financial-independence/
Precisely 240 years ago, a bunch of ragtag colonists declared their independence from the tyranny of a monarchy across the sea. On July 4, we will acknowledge their courage with celebrations all across America.
Many people will enjoy fireworks displays. Others will hit the beach, host a barbecue, or simply relax and reflect on how lucky they are to live in such a great nation.
But if you are deeply in debt — or simply on shaky financial ground — you can use the spirit of the holiday as motivation to break free of another type of tyranny: the prison of bad financial decisions.
Following are five changes you can make that will help put you on the path to financial independence.
1. Stop spending and start saving
2. Don’t be afraid to invest in stocks
3. Work to improve your credit score
4. Shore up your safety nets
5. Celebrate your financial independence — but not quite yet
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