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Top 5 Important Tips to Achieve Financial Success

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Financial success isn’t the same for everyone. Because each individual has a different set of expectations in their lives. A specific financial plan may not work for you, but it may work for your friends. Because every individual has personal needs, expectations, and life vision. As a result, everyone has different financial objectives according to their own life desires.

If you want to achieve financial success, then you must clearly define what does it mean to you. Unless you are not clear with your life desires, it is very difficult to plan for your financial success. Before we discuss the financial tips, let us understand clearly how to set financial milestones.

How do you perceive “Financial Success”?

We know that financial success varies from person to person. So, it’s very important to clearly define what this means to you. Nobody knows how exactly the future looks like, but everyone expects good things in life. To avoid the uncertainties of the future, you need to build financial assets. In fact, money can’t buy you happiness, but it can bring comfort to your life.

When you have good financial status, money works for you and you can enjoy a lot of free time. And financial independence brings you happiness and peaceful life.

To achieve this, you need a series of financial goals to fulfill different needs of your life such as food, shelter, education, entertainment, family, relationships, etc. For this, earning a lot of money is not the solution, you need to follow a set of rules that can bring you financial success.

Financial Tips

It does not matter how successful are you in your professional career, and businesses.  However, you can live a financially independent life if you practice some basic principles.  Every successful people who are living a life of financial freedom has recommended the following tips.

Spend Wisely

Ensure that your expenditures are always less than your income. Most people earn a lot of money, but they do not have any control over their spending. Prepare a monthly budget and stick to it. Prioritize your needs and eliminate unnecessary expenditures.

Start Early Investments

Investing is a crucial part of your financial success. It is very hard to fulfill all your needs from your job. Investing can bring you financial freedom as money will work for you. There are many investment options such as investing in the stock market, government bonds, gold, real estate, digital currencies, etc. Today, the digital currency market has become more popular for investing. If you want to invest in cryptocurrencies, Bitcoin Future App is a great platform. Click below image for more.

Build an Emergency Fund

No matter how much you control your life uncertainties are going to happen. Your emergency fund will help you to overcome any adverse situation or uncertainties. For this, make sure you reserve fund for at least 6 months to support your basic needs if something goes wrong.

Purchase Insurance Policies

You are not the only member of your family. You need to take the responsibilities of your whole family. For this, buy insurance policies such as health insurance, life insurance, term insurance, etc. This helps you to support your life by taking care of the uncertainties.

Value Time and Make it Your Friend

Understand the value of time and make it your friend. Remember, it will take time for a financial freedom life. So, don’t waste time on unnecessary things, if you use your time wisely then you can live a better life.

Remember, achieving financial success requires discipline, hard work, and time. There is no shortcut for financial freedom, you need to be careful and make good choices for living a better financial life. Hopefully, the article has provided information that will help you to make your financial status better.

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

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Business

Turning Tragedy into Triumph Through Walking With Anthony

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On the morning of February 6, 2010, Anthony Purcell took a moment to admire the churning surf before plunging into the waves off Miami Beach. Though he had made the dive numerous times before, that morning was destined to be different when he crashed into a hidden sandbar, sustaining bruises to his C5 and C6 vertebrae and breaking his neck.

“I was completely submerged and unable to rise to the surface,” Purcell recalls. “Fortunately, my cousin Bernie saw what was happening and came to my rescue. He saved my life, but things would never be the same after that dive.”

Like thousands of others who are confronted with a spinal cord injury (SCI), Purcell plunged headlong into long months of hopelessness and despair. Eventually, however, he learned to turn personal tragedy into triumph as he reached out to fellow SCI victims by launching Walking With Anthony.

Living with SCI: the first dark days

Initial rehabilitation for those with SCIs takes an average of three to six months, during which time they must relearn hundreds of fundamental skills and adjust to what feels like an entirely new body. Unfortunately, after 21 days, Purcell’s insurance stopped paying for this essential treatment, even though he had made only minimal improvement in such a short time.

“Insurance companies cover rehab costs for people with back injuries, but not for people with spinal cord injuries,” explains Purcell. “We were practically thrown to the curb. At that time, I was so immobile that I couldn’t even raise my arms to feed myself.”

Instead of giving up, Purcell’s mother chose to battle his SCI with long-term rehab. She enrolled Purcell in Project Walk, a rehabilitation facility located in Carlsbad, California, but one that came with an annual cost of over $100,000.

“My parents paid for rehabilitation treatment for over three years,” says Purcell. “Throughout that time, they taught me the importance of patience, compassion, and unconditional love.”

Yet despite his family’s support, Purcell still struggled. “Those were dark days when I couldn’t bring myself to accept the bleak prognosis ahead of me,” he says. “I faced life in a wheelchair and the never-ending struggle for healthcare access, coverage, and advocacy. I hit my share of low points, and there were times when I seriously contemplated giving up on life altogether.”

Purcell finds a new purpose in helping others with SCIs

After long months of depression and self-doubt, Purcell’s mother determined it was time for her son to find purpose beyond rehabilitation.

“My mom suggested I start Walking With Anthony to show people with spinal cord injuries that they were not alone,” Purcell remarks. “When I began to focus on other people besides myself, I realized that people all around the world with spinal cord injuries were suffering because of restrictions on coverage and healthcare access. The question that plagued me most was, ‘What about the people with spinal cord injuries who cannot afford the cost of rehabilitation?’ I had no idea how they were managing.”

Purcell and his mother knew they wanted to make a difference for other people with SCIs, starting with the creation of grants to help cover essentials like assistive technology and emergency finances. To date, they have helped over 100 SCI patients get back on their feet after suffering a similar life-altering accident.

Purcell demonstrates the power and necessity of rehab for people with SCIs

After targeted rehab, Purcell’s physical and mental health improved drastically. Today, he is able to care for himself, drive his own car, and has even returned to work.

“Thanks to my family’s financial and emotional support, I am making amazing physical improvement,” Purcell comments. “I mustered the strength to rebuild my life and even found the nerve to message Karen, a high school classmate I’d always had a thing for. We reconnected, our friendship evolved into love, and we tied the knot in 2017.”

After all that, Purcell found the drive to push toward one further personal triumph. He married but did not believe a family was in his future. Regardless of his remarkable progress, physicians told him biological children were not an option.

Despite being paralyzed from the chest down, Purcell continued to look for hope. Finally, Dr. Jesse Mills of UCLA Health’s Male Reproductive Medicine department assured Purcell and his wife that the right medical care and in vitro fertilization could make their dream of becoming parents a reality.

“Payton joined our family in the spring of 2023,” Purcell reports. “For so long, I believed my spinal cord injury had taken everything I cared about, but now I am grateful every day. I work to help other people with spinal cord injuries find the same joy and hope. We provide them with access to specialists, funding to pay for innovative treatments, and the desire to move forward with a focus on the future.”

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