IMO, there are a lot of ways to achieve financial freedom.

Most can be done by taking small simple steps like having multiple bank accounts for savings, utilities & other expenses, loan repayments and so on.

I believe that the problem with most people nowadays is that they tend to spend more than they earn.Mostly with the usage of credit.

Income are usually fixed but spending are indefinitely varied from month to month.

How to overcome this? Not buy cutting down on spending but instead by spending more.Yes spending more.

What need to be taken into consideration is WHAT you spend it on.Instead of spending more and more on invaluable stuffs with no resale value and other form of liabilities, try to increase spending on assets.Purchase life insurance with endowment policies, purchase a house and rent it to someone else or maybe even purchase gold and silver for the long run.

By purchasing assets, ( which comes in so many various forms and examples that you can easily find in google ) you can increase your sources of income without having to cut on spending. ( Kinda? )