What exactly does financial freedom mean to you? Does it mean shopping whenever you want without worrying about money? Does it mean you don't have any outstanding credit card bills? How do you define financial freedom?
Defining financial freedom help you set goals for your future. Basically speaking, when you are financially free you are not tied down to bills and a job. You have enough resources to cover your basic needs without worrying.
Financial freedom is easy to think about but more difficult to attain as the cost of living increases everyday and your paycheck stays the same. How can you reach your goal of financial freedom when you can barely make ends meet? You are not alone. Many people live from paycheck to paycheck, wondering how they will make it happen next week.
Trading dollars for hours is clearly not the solution when it comes to financial freedom. While you can survive on that concept, it is a precarious situation that can be overthrown with one illness or the loss of a job. Tomorrow we will talk about ways to attain financial freedom along with ways to avoid getting in over your head.
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