Achieving financial freedom can seem like an impossible task. Where are you going to get the millions of pounds that you need to live your life as you please? Is it even possible?
It is important to remember that financial freedom isn’t some grandiose project. You don’t have to be a millionaire to achieve it. Instead, it is finding a way to make your money work for you, instead of the other way around. It is not about how much cash you have in the bank, but whether you can live your life as you please. You want to get to the stage where money is no object, and you’re able to spend your time how you like.
See Money In A Positive Light
The psychology behind money is quite interesting. While most of us would like more of it, we can feel shame if we make more. There are elements in our culture that see making a lot of money as vulgar or a way to make other people poorer.
None of this is true, of course. Making a lot of money is an indication of the value that you can offer to other people. It doesn’t take away from their ability to make ends meet at all. In fact, it adds to the circular flow of income, making everyone better off.
Changing your perspective on money issues, even payday loans, can help enormously to help you see a brighter financial future. The money you earn is comparable to the benefits you bring to people around you.
Write Down Your Goals
What do you want to achieve with your financial freedom? Remember, the raw figure in the bank is only part of the story. Yes – you will need some money to provide you with security, but financial freedom, as discussed, is relative. It’s about what you want. It’s not about living a millionaire lifestyle.
If you only want simple things from life – such as spending more time with your family – then write it down. Then calculate how much money you need to make it a reality. Try to avoid jotting down anything superfluous to the things that you want in life.
Spending less is perhaps the best and ONLY way to achieve the financial freedom you crave. When you look at some of the most successful people in the world, you discover that they have a penchant for saving money. Warren Buffett, for instance, lives in the same regular house he’s lived in all his life, despite having a net worth of more than $50 billion. Mark Zuckerberg, the owner of Facebook, still walks around in the same boring t-shirt and jeans he’s always worn. He isn’t out there spending thousands of dollars on the most beautiful clothing.
Spending less is your most powerful tool in the fight for financial freedom. You don’t always have to have the latest thing. You can live simple and aim higher. By reining in your spending, you leave a pile of cash left over at the end of the month to spend how you wish.