Have you ever been in debt?
It’s not a good place to be.
Being in debt is like being in a cage (from the financial point of view)
You cannot:
- Get things you want
- Maintain normal living standards
- Do activities you enjoy
Heck, you won’t even eat at your favourite place just to save money and get yourself out of this misery.
You will understand this if you have been in such a place.
Back in 2020, I was in such a place.
My dreams of going to Germany for my Master’s went down the drain because of COVID.
I had burned all of my savings in hopes of making big bucks in Germany. How naive.
I had to borrow money so that I could meet my monthly expenses and start something.
Long story short, I was in debt and I needed money asap.
And, when you are heavily in debt, you start living a frugal life. You are careful with your resources.
Every penny matters.
I started my freelance business again in 2020, I was keen on doing organic marketing because I wasn’t sure about paid marketing.
I was careful with my efforts and energy and I wanted to get more with less.
And honestly, this frugality helped me create a system which would last a lifetime.
This system is the backbone of my transition from an agency into a media company.
If it wasn’t there, I would have given up my media company long ago.
Not because of low motivation but because of low cash flow.
This system is called CLOSE Framework.
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