Do you ever get this in your email box:
Find Financial Freedom! Make $150,000
from home in the next 90 days! How about
10 times a day?
time I get one of these, I think to myself,
Hmmm, Financial Freedom. I already
have financial freedom, even though it
doesnt look like what these emails
freedom is a buzzword for our generation.
It is the pursuit of literally millions
of people. So what is it? Is it that elusive?
Can anyone get it?
me start by saying that this article will
not be about how to earn money, or even
more money. Rather, it will be about how
to find financial freedom, which may or
may not involve making more money.
freedom here we go!
first step in finding financial freedom
is to realize that financial freedom has
absolutely nothing to do with how much
money you have or make. What? Exactly.
Financial freedom is something that goes
on inside of you. This is why someone
who makes very little can be happy and
someone who makes a ton can be extremely
stressed out over his or her financial
situation. So the first step is to realize
that financial freedom is more about our
attitudes toward money than about the
amount of money.
Chris, Im with you. So what are
the attitudes that provide financial freedom?
Here are a few that keep me in financial
do not have to worry about money.
I used to catch myself saying, If
I had more money, then I wouldnt
have to worry about
you know what? I dont have to worry
anyway. I can control my income. I can
control my outgo. I can make choices that
can alleviate any of my worries. I also
realized that things always work out.
So why worry? I choose not to worry.
can be happy regardless of my financial
I know people who are worth hundreds of
millions of dollars and I know people
who dont have two nickels to rub
together. Some are happy and some arent.
And none of the people who have a lot
of money say to me, Chris, Ive
become so happy since I got money.
They were happy before they had money
and they are happy now that they have
money. Their happiness has nothing to
do with the money. I think it was the
Billionaire David Geffen who said, Anyone
who says that money will buy them happiness
has never had any money.
will be a means to an end, not the end
Another way to look at it is that money
will be a tool to build the house, not
the house itself. I would set some financial
goals if I were you, but go beyond that
to know what greater purpose there will
be when you reach them. What will the
house be that you will build with that
I am free to earn some people think
it is bad to earn more money. It isnt.
I am free to save some people believe
it is bad to save. It isnt. I am
free to give money away some people
feel they will be better off hoarding
it. They wont. I am free to spend
some people believe that they cant
spend anything on themselves. They can.
We are free to make choices. That is financial
freedom. One of my favorite quotes is
from Charles Wesley, Earn all you
can, save all you can, give all you can.
That will keep you in financial freedom.
other principles for financial freedom
is the primary freedom killer.
Want financial freedom? The first thing
you should do is to get out of debt. That
is priority number one. One of the reasons
I have financial freedom is that I have
no debt other than my house payment. And
I work hard to manage myself and our home
to keep us that way. For years I drove
an old junker car, and while I looked
bad, I had financial freedom that others
who were in debt didnt have!
is an old proverb The borrower
is the servant of the lender. Who has
freedom? The lender. Who doesnt?
The borrower. Develop a plan to get out
Here is the principle: Buy it now and
struggle later. Another principle: Delay
it now, invest the money, and have all
you want later on! And you wont
even have to touch the principal! We tend
to think that having it now will bring
enjoyment, but unless you can do it and
not cause yourself financial stress, you
will actually get more from waiting to
buy it later!
more by managing better.
The fact is that most of us earn enough.
What would be beneficial would be to set
our priorities and live by a budget. As
we get control, our budget will loosen
up a bit and we will find ourselves enjoying
it more. Money that is already there can
be your answer if you put it to work for
some time thinking through your attitudes
about money. You may be surprised at how
you can change a few, look at things a
little bit differently and begin to enjoy
true financial freedom!