In order to achieve financial freedom, I want to stress on the importance of setting objective (the amount of money you want to accumulate for certain years). Without a pre-determine objective, you will not know the limit.

Basically, there are 3 types of objectives:

• short term
• medium term
• long term

I like to use the term 'discipline saver', meaning that you pay yourself first each month after receiving your salary. Set an amount to be transferred automatically into an untouchable saving account each month. Even a small amount of $100 each month will do the wonder for you.

So, start setting your short term, medium term, and long term objectives right now.