A Path Towards Financial Freedom
What is Financial Freedom?
One of the main benefits of financial wellness is having options to choose from. The fewer options that you have at your disposal, the less freedom you have. This tends to increase stress, anxiety and feelings of lacking control over your life. It’s exactly the opposite of what you want. Are you ready to choose a path towards financial freedom?
Financial freedom comes from having access to cash, resources and credit without affecting your quality of life or long term financial goals. By having excess funds available, you can enjoy the freedom to act quickly when opportunities arise. It’s about truly managing your finances with intent and purpose.
Financial independence, on the other hand, means having enough income to cover your living expenses without needing formal employment. This is accomplished by strategically minimizing living expenses while increasing savings over time. Once your savings and alternative income sources can support your living expenses, you no longer need to maintain a job to survive.
What is Your Motivation?
Only you can decide what you want to accomplish and what you are willing to do to make that happen. Pressure from friends, family or peers can only create frustration. Your ability to build a life you love comes from being confident in your purpose, vision and intention. Define what that life looks like.
Choosing a path towards financial freedom, means creating a clear roadmap to guide you each step of the way. It begins with defining your “why” – a strong life purpose that will keep you grounded when things get tough. Without a clear purpose or direction, your chances for being successful are diminished.
Ready to Get Started?
Sometimes it can be incredibly challenging to stay focused and committed to building a life you love. If you are feeling overwhelmed and looking for support, check out Financial Wellness 101 – The Ultimate Financial Handbook for Young Professionals. We also offer 1:1 Financial Coaching to help you create a clear roadmap to improve financial wellness.
Spend wisely. Save well. Find your Financial Zen!