Tuesday, January 22, 2008

The Truth About Financial Freedom

Freedom of all kinds has been the dream and aspiration of mankind, be it freedom of expression, speech, thoughts or belief.


Recently, there has been a growing amount of debate and emphasis on financial freedom. Everyone wants to achieve a state of easy, debt-free living that doesn’t require constant struggle for meeting expenses and leading a restricted life.


I often wonder why school and college education doesn’t include the most basic and essential lessons for life – how to become financially independent?


Maybe that’s the reason for the huge success of books like “Rich Dad, Poor Dad” and other financial intelligence bestsellers. They act as the guiding force and motivational source for people who have no idea about the where, what and how of starting on the road to financial freedom.


Honestly, how many of us wouldn’t like to know about the secret to financial freedom, the key to unlock the evasive, yet alluring dream of being in total control of your life?


Working in an organization, under the directions of your boss is not what financial freedom is about. You don’t have the power to take any important decisions without the management dictating the terms and conditions to your financial well being. The personal goals and capability is suppressed under your obligation and responsibility towards the company.


How long do you want to continue with such a lifestyle?


People argue that they have no complaints from their current job. Even if you are one of the few lucky people who get the “dream job”, there’s still a lot of restriction, liability and everyday stress that just won’t leave you alone.


Financial freedom isn’t about gathering loads of money, it’s about MAKING IT WORK FOR YOU! Not the other way round. That’s only possible when you aim for financial independence, not in any job.


Freedom from debt is just a part of your quest for financial freedom, not the destination. Many people treat both as the same and hence, don’t reap the rewards they could otherwise. It’s best if you understand the difference and work towards financial freedom objectives accordingly.


So, what exactly is meant by financial freedom?


Let me explain…


It’s the process of searching for and creating something that has the power to give income and profits on a consistent basis, even after finishing of the creation phase. Building a money making business can be done in various ways, be it online or offline, but sustaining it is another ball game altogether.


Not everyone has the skills and business acumen to keep their business profits high and remain debt-free. That’s where financial experts, advisors and financial freedom conferences play an important role. Not only will you learn the tips and tricks to build a flourishing business but also get to know what suits your skill sets and what doesn’t.


YOU are the best judge about your abilities, goals and requirements. Believe me…your success in your own hands!


The secret to financial greatness is to liberate yourself from self-doubt and get ready to learn new things, adapt to change and do what you like and most importantly, are good at.


I hope this article helps you start your financial freedom journey on the right foot. Best of luck!

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