What Is Financial Freedom?

What Is Financial Freedom?

As I sit hear writing my first article, I’ve come to the realization that as soon as I hit publish, not one person will receive this in their email inbox or RSS reader. That’s a pretty scary feeling.

However, I’ve decided to put a positive spin on that depressing thought. I’m going to picture you coming to this post because you wanted to know how it all began. In fact, I hope that’s why you are here. I want you to know exactly why I’m doing this.

Finding Financial Freedom

The tagline for this site is “Financial Freedom – One Step At A Time”. I’m not sure how that line came to me, but I sure do love it. Therefore, I will be dedicating my time to helping people find and achieve financial freedom.

Some of you may be thinking, well, what is financial freedom? Unfortunately, there is often this misconception that having an abundance of money gives you said freedom. I say misconception because I can give you several real life examples where people who have an abundance of income or wealth feel like they are sinking in quicksand. However, I can also show you an example where people with a modest income and home consider themselves financially free. Better yet, there are people out there that make almost nothing but do what they love and feel great.

Based on those examples, I can easily say that financial freedom is more than money. You should think of financial freedom as what defines you. It’s what you want from life and it doesn’t necessary have to revolve around dollars and cents. 

Based on that very broad definition of financial freedom, you should realize that it means different things to different people. Someone may want to travel around the world and in order to do that, they sell all of their possessions. To them, they are financially free to do what they want. Another person may want to work from home so that they may be able to see their children more frequently. As you can see, there are so many different ways to have financial freedom. How you define it is up to you.

For me, financial freedom is the ability to do what I love and report to no one (well, maybe my wife ;-) ). Having that freedom would give me the greatest sense of success that I can imagine. Truthfully, I don’t even care if I had much money in the bank. If I could support my family and sock a few bucks away by doing what I love, I would be just fine with that. I’m not there yet, but I feel that I am taking steps in that direction. Because I have a vision, the path doesn’t seem all that treacherous.

Defining Your Path

My challenge to you is to define your path to financial freedom. As you know, it’s not going to happen overnight. However, if you are able to define what financial freedom means to you, it may remove the stress of not knowing your path. If you are just trudging along not knowing what you are striving for, you are going to lose focus and fall back into the same rut you always have been in.

Over the course of our time together (i.e. please subscribe to our free email updates ;-) ), I will be focusing on teaching a wide range of different tactics to get out of debt, grow wealth, do what you love and find financial freedom. In other words, there will be something for everyone. I have a ton of great ideas and plenty of topics that will get you thinking and hopefully commenting.

photo by: Josef Grunig