What is financial freedom?
Financial freedom is much more than having money. It’s the freedom to be who you really are and do what you really want in life. And many of us, especially women, lose site of this by putting others first and playing many different roles such as parent, spouse, employee, friend, and more.
If you want to be financially-free, you need to become a different person than you are today and let go of whatever has held you back in the past. It’s a process of growth, improvement and gaining spiritual and emotional strength to become the most powerful, happy, and successful “you” possible. That is the true reward of financial freedom. (Reference: http://www.richdad.com/Resources/Rich-Dad-Financial-Education-Blog/January-2012/what-is-financial-freedom.aspx)
Some people will never be financial free because of their mindset. There is nothing wrong with working a 40-hour job, which 95% of people are doing but sometimes in life you should want more for yourself and family. People are not able to spend time with the family and children because they are working just to pay bills and put a roof over their families’ heads.
7 Point Formula For Wealth, Happiness, and Financial Freedom
1. Begin to Think Positively About Money … Part of becoming rich involves thinking positively about money.
2. Rewrite Your Major Goals For Financial Freedom … Set financial goals for yourself.
3. Plan Every Day In Advance … Plan every day in advance. The best time to do this is the night before.
4. The Principle Of Concentration … Concentrate single-mindedly, every hour of every day, on the most valuable use of your time.
5. Invest In Yourself … Listen to audio programs in your car. The average person spends 500 to 1,000 hours per year behind the wheel. Purchase courses on money management, read books on personal finance, and find articles online about money.
6. Ask Yourself These Magic Questions … Ask yourself the two “Magic Questions” after every meeting and every event of importance in your life. The first question is, “What did I do right?” And the second question is, “What would I do differently, next time?
7. Be Generous to Others … The final point is to treat everyone you meet like a million-dollar customer. Treat every single person, at home and at work, as if they were the most important person in the world.