I believe that our Western Society has been set up for a long time against Financial Freedom. After working hard at school, it is not normal for fathers and mothers to pour out our adult lives, just working for the basics!
In America, rare are the parents who are home from work in time to welcome their children home from school. In fact, most homes have two parents working overtime, just to make the mortgage payment.
What if you pursued a life where you have time to be with your kids, and do what you love? What would you call it?
I like to call it “Financial Freedom”
Financial Freedom is the ability to take care of yourself and your family without working long hours.
It is having time to spend with your family, and doing what you love.
When you have Financial Freedom, you have come to the place where you can work because you want to, not because you have to.
The Treasure Map to Financial Freedom
The first step toward Financial Freedom is to prepare a budget of all your living expenses.
Your monthly expenses down on paper is like a treasure map to show you which direction you need to go to get your freedom.
Then, once you have your budget, there are four strategies which lead to Financial Freedom. Usually, the best way to get there involves a combination of these four steps:
- Earning More Money (without having to work more hours)
- Reducing monthly expenses (pay off that credit card, and own your car or truck)
- Increasing your life skills (how to build a house, make bread, change the oil in your car, etc.)
- Sharing responsibilities with other families (share your internet connection with your neighbor, rent a part of your home to a friend, etc.)
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