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The Journey to Financial Freedom- Introduction

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  • Post last modified:June 27, 2023

God wants you to be wealthy and successful. He wants you to be financially free. The Lord desires to fill your house with treasure. He has given you the ability to make wealth. Our scriptural references are as follows.

Pro 8:20  I walk the way of righteousness; I follow the paths of justice,

Pro 8:21  giving wealth to those who love me, filling their houses with treasures.

Deuteronomy 8:18 ASV “But though shalt remember Jehovah thy God, for it is he that giveth thee power to get wealth; that he may establish his covenant which he sware unto thy fathers, as at this day.”

Let us look at some definitions.

1) Journey

Journey means traveling from one place to another, especially over a long distance. We can also describe a journey as moving from one position to another. We discuss money in this context.

2) Financial freedom

Financial freedom is the state of having sufficient personal wealth to live, without working actively for basic necessities. For many people, financial freedom is synonymous with early retirement. Financial freedom is the ability to control one’s personal finances. It is also the ability to make choices about spending and saving that lead to financial stability. It requires a disciplined and intentional approach to managing financial resources. Investing in your financial future is the key to financial freedom.

Illustration

This is like planting a garden. You need to put in the time and effort up front to ensure your plants have what they require to grow and thrive. However, in the end, you will reap a bountiful harvest. It is the same with your projects. If you put in the work and dedication, you will succeed. All you need is patience and dedication.

Steps to financial freedom include:

1) Assess where you are at the moment. This includes asking yourself questions like: can you stay on top of your current debt? Can you save? Do you own a business for additional income? Do you invest?

2) Once you have a clear idea of your current financial position, you can set goals for yourself. Set realistic goals that are achievable in the short-term and long-term.

3) Create an action plan to reach your goals and monitor your progress regularly to ensure you are on track.

4) Make adjustments to your plan or goals if needed.

5) Celebrate when you reach your goals, as this will motivate you to strive for more.

In conclusion, I would like to emphasize that this is an introduction to the journey to financial freedom. We have explained that a journey may take a long time to reach. That is why you have to properly assess your financial circumstances to move forward. You need to follow some steps to start the journey and complete it. Please like and follow us on social media.

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Elphas Sipho Mdluli- MBA Areas of Expertise Business Leadership – Operations Leadership – Financial Management – Process Optimisation – Decision Making Stakeholder Engagement – Project Delivery – Organisational Strategy – Relationship Management – Negotiation Skills Strategy Development – Change Management – Relationship Building – Team Empowerment – Performance Improvement Critical Thinking – Systems Thinking – Strategic Planning – People Management – Business Administration Executive Summary As a meticulous, driven and people-oriented professional, Elphas is motivated by ensuring the achievement of organisational goals. He is fuelled by improving business performance, whilst his all-embracing skillset has enabled him to successfully execute projects across various platforms. His career has presented the effective delivery of solutions, leveraging expertise in financial, operations, administrative and business processes, as well as the management of integrated transformational projects. Elphas thrives in complex environments where strong leadership is required to drive business performance. As a highly focused and participative leader who believes in effective teamwork, he prides himself on his innate ability to connect with and lead stakeholders across all levels of an organisation. With a dedication to continuous improvement, Elphas has completed a vast range of courses, including currently completing his Doctor of Business Administration, building upon his MBA, Bachelor of Ministry degree and Bachelor of Commerce degree in Accounting, to mention just a few. Career Summary Elphas has built his career on a strong academic foundation across a diverse range of areas, including accounting, management development, ministry, finance, corporate governance, risk management, behavioural intelligence, leadership and business administration. He is a Business Leader, an Author, a Lecturer and a pillar within his community. His diverse roles have shaped his skillset and his early roles consisted of Chairperson and Senior Pastor for Christian Liberty Centre and Branch Officer for Select Management Services before moving to Sibonelo Savings and Credit Cooperative Society as Accountant, Manager and then General Manager. In 2013 Elphas spearheaded the start-up of Life Solutions Investments, an organisation providing Training & Consultancy as well as leading operations of a Block Yard. He has also been contracted by Calvary College as a part-time Lecturer. In addition, Elphas has written and published numerous books based in business, marriage and spirituality, as well as being Founder and Senior Pastor of the Freedom Centre International Church. As a result of his sharp business acumen, Elphas was offered the role as Executive Manager for Eswatini Association of Savings and Credit Co-operatives (ESASCCO) where he effectively led teams across various departments. He oversaw Administration, Finance, Training, ICT and the Insurance departments. Elphas has consistently excelled in improving performance and has enjoyed many successes throughout his career, which is evident in the success of the organisations in which he is involved. Elphas provides a significant contribution to the long-term sustainable growth through his extensive experience, vast administration knowledge and impeccable business leadership abilities. His implementation skills are forefront in overall strategic development, and his involvement in business ensures ground-breaking improvement in performance. He is a resourceful professional who has a passion for the development of commerce and the progress of human capital within business, ensuring and facilitating significant growth and financial health of an organisation.