Your journey towards Financial Freedom
What is Financial Freedom?
Financial Freedom is a very interesting concept. It is interesting because this term has one simple definition but many different meanings.
In principle being financially free means having enough passive income (not requiring your work or job) to cover your monthly expenses. In other words being financially free means not being dependent on your work/job anymore. Simple, isn’t it?
So why does Financial Freedom have many meanings? Because for every person being financially free can mean something completely different. For some people it means not being forced to go to the same boring job every day. For others it means security – being independent from global financial situation and employment market. Some will say that being financially free means having time to focus on things they love doing – from hobbies, travelling to social engagement and activities that wouldn’t be profitable. Finally many people value time with their families and friends – time they wouldn’t have if they were spending 8-10h a day. As you can see there are many goals and dreams that lead people to financial freedom. And financial freedom is not the goal itself. It is the milestone to build happier and more fulfilling life.
What are your dreams? What would you with your time if money was not an issue anymore? What does Financial Freedom mean for you?