Smart ways to invest and attain early financial freedom

This is for my MBA students who had their convocation last weekend and for the hundreds of MBA’s who have finished their course this summer I passed out of XLRI in 1989 and for the first ten years, despite having a decent career, my financial journey was directionless. I started on the right financial path ten years after my MBA. I educated myself through books and learnt from people around me who knew more. I put an effort and changed some of my financial habits. In just a few months, I could see the difference. Within seven years, in 2006, I became financially free, meaning, I did not have to work to maintain my lifestyle.
While I am aware that half of my readers are professionals in India and abroad who have been working for at least 5 years - this note is mainly for my MBA students who have just joined their jobs in the past one month. In this note, I am addressing those who are starting their careers in India and what is it that you need to do to start your investment journey.As you go through your career – you must remember that while it is important to focus on your earnings and your career growth – it is more important to focus on how you invest your savings. In about twenty years, those who did well in their investments would be far ahead financially than those who just did well in career /earnings.