The philosophy of attaining financial freedom is relatively easy and it’s all about; first, avoiding debt which is very important and it’s what to take note of not matter what. Secondly, investment is what we should focus on because this is what will keep us on our toes eventually in the future and also bring profit on a daily basis. Lastly, spending less than what we earn, some of us like to live a lavish lifestyle when our earning are lesser than what we want. Even though we want expensive things we should at least think about the future and go for lesser things we can afford instead of then borrowing and then living in debt.
The first thing we need to ask ourselves is what are biggest goals? What are our dreams? What do we tend to achieve? Is to have a mansion, to have stable family, own properties or have enough to tour the world? So the big question is what do we need to achieve all these and what’s stopping us? The answer to all this is money because that’s the only thing that can answer it and for us to realize them without going broke and breaking the bank, what you then need to achieve is financial freedom. So when we have financial freedom that’s when we can sort all these out.
Now what you need to know about financial freedom
Financial freedom is just simply having enough money to do what you want, when you want and on what you want without having to worry about if you have enough and think about bills in the future and what will happen if spend over what is in your savings. It also means having control over whatever comes at you, be it goals, dreams, bills, unfavorable situations or even if we want expensive things as long as we are stable. So in summary it’s about finding yourself in any situation and being able to control it totally without having to worry about what will happen next or after.
Often, people tend to mistake financial freedom from financial independence whereas financial independence is just you being able to pay your own bills, taking care of your things and needs personally without the help of someone or relying on them and it’s the path you take first before attaining financial freedom.
So financial independence is the path you take to financial freedom, while financial freedom is how you want to live your life and be able to do what you want when you want, they are two different things.
The ways to achieve financial freedom is through self-discipline and effort; with these you can definitely achieve it. Financial freedoms depends on what we want to achieve and the goals we want to meet, we can’t usually have the same goals so are efforts in achieving them will be different. Once we know what we want and work towards it with self-discipline, effort, self-sufficient and hard work. With all these we can achieve it.
I will be promoting @emimoron on her post I am everything that surrounds me where she said: I am everything that surrounds me is a premise of the philosophy of love where I deeply understand that every element that makes up my life is because I have chosen it or because it has selected me.
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