Along with many other business leaders, personal finance experts, and finical industry entrepreneurs, Due Co-Founder and CEO John Rampton joined in on Mashable’s #BizChats Twitter chat about how to have a debt-free lifestyle. In responding to some of the questions, John noted that financial freedom means “having the ability to become and work on your passion whenever and wherever you want!” Key decisions about creating that debt-free lifestyle include determining how best to lower expenses and generate enough income to cover everything and still have a cushion. The result of a debt-free life is often a happier life because there are no threats of financial obligations hanging over your head. Finally, John noted that the biggest mistake when trying to achieve financial freedom it “trying to keep up with everyone.”
You can read the original Debt-Free Life article and the tweets of the other financial experts who joined in here.
Avoiding financial mistakes is one of the best strategies for attaining a debt-free life, but many business owners unknowingly do things that stop them from enjoying this happy state. Due shares five major money mistakes that small business owners make and how they can be fixed and avoided.
