In the finance community, we talk about having money to create our wealth. There may be people that follow financial planners or a financial advisor’s tips and advice to hit this wealth. The question is why do we gain this wealth? Is it all about the money? Simply stated, it is all about financial freedom.
Financial freedom is about taking control of our finances. We are now in control of our money and what happens with our money. This money is used as a tool to set us free from the toils of life.
Oftentimes, we have different fears about money. It brings up stress in life, which can cause all sorts of problems. Money happens to be one of the main causes of divorce. That fear and anxiety can be detrimental to your health.
If you were financially free, you would no longer have to rely on work. Work can be made into a hobby, part-time, and even just something you enjoy. We all may enjoy our jobs right now, but having that F-U money to push us to freedom is uplifting.
In order to achieve these freedoms that financial freedom gives us, it will take steps, time, and patience. There is no get rich quick scheme. Money does not grow on trees, and more importantly, we are changing the systems of how we believe.
We are bombarded with images of rich and famous people, but often don’t realize that a lot of these people have poor money skills. Being financial literate really helps us to know how to deal with money.
Living below your means is a must in order to achieve freedom within your finances. You must be able to save money. Saving is very important and can help you to set up goals for your life.