Here’s Why I Want to Be Financially Free
The pressure of not having financial freedom is enormous and limits your ability to act.
How many months could you live without reducing your spending level and if you quit your job today? To answer the question, you only need to do some calculations, but surely you already have a rough figure in mind.
The answer will give you the measure of your financial freedom, which is your safety cushion to face unforeseen events or to be able to make relevant decisions in your life, such as starting a business or pursuing a professional change.
When your financial freedom is small (for example, six months), so is your safety net, and any unforeseen event can mean the difference between having or not having money and being able to maintain your standard of living or having to change it drastically.
The pressure of not having financial freedom is enormous and limits your ability to act.
If you are fired from your company or if you have any problems, your finances won’t stand up to the challenge, and you always live with the fear of “What if…”.
Things change when your financial freedom is several years. The pressure goes down and you are freer. But don’t confuse financial freedom with a lot of money.
Financial freedom goes beyond this. Money will allow you to buy things like one or more houses, luxury cars, and even yachts or private planes. But when you buy and have many things, you also have many expenses associated with your lifestyle.
The Advantages of Financial Freedom
Being financially free is better than having a lot of money because it implies freedom to choose, to do, to decide … These are the great advantages of having financial freedom.
You Work on What You Like
We spend half the day at work, almost more time than at home if we add travel and subtract hours of sleep, and its impact on our life and perception of happiness is enormous.
Yet many still attend reluctantly, forced by the need to receive a salary at the end of the month and afraid of being fired. When you have financial freedom, things are very different.
Since you know that you have a stable financial life, you can only work on what you want and are not obliged to say yes to every project or job that is presented to you.
In other words, you become more selective because your finances allow you to be, and you also become more aware of the jobs you really like because you can stop and think about them. Work stops being an obligation and becomes a motivator.
You Have More Professional Success
When you have financial freedom, you are more yourself and less your fears. You are more proactive at work because you are not thinking about what might happen if you make a mistake or please your boss, but about doing your best and giving your best. Even if you are your own boss, you will see how your ideas flow more and better.
You Live Where You Want
When you have financial freedom, the fear of change disappears. If the opportunity arises to travel to another country for work, you can do it because you have a safety net that supports your decisions. You have room for error, and you can try. Your current job does not determine where you should live.
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