Be a Millionaire - WHAT IS FINANCIAL FREEDOM

Do you want to be a Millionaire

Most of us chase money the whole life and few people have even contributed their valuable lives to it. Obviously it is human beings nature to crave having a lot of money, a lot that we don’t need to work any more, able to afford whatever we like, give to whoever we like.

We call it now Financial Freedom

However, does Financial Freedom merely mean having plenty of money?

Lets just stop for a second and think about this question - why do we need so much money? Look around, most of us have an okay life, having enough money to support, sometimes spoil, ourselves or the family. Everything looks pretty good.

Why do we want more, and more?

We would say, we want bigger houses, flash cars, beautiful girls, travel around the world, the best education for our kids ect., In a word, we don’t have enough money to realise these dreams above or we hope to have heaps of money still after getting these done.

This theory sounds flawless.

However, if we put a condition in front of it, I am afraid most of us would say no without hesitating a second.

The condition is to work 24 hours a day and 7 days a week. Sorry we need to sleep, lets make it 16 hours a day and 7 days a week.

Imagine your reaction to this. Believe most of us would decline without using even one cell of our brain. Coz we would not have time to spend the money although we had so much of it.

What is Financial Freedom on earth ?

To here, we might be able to sense that financial freedom consists of not only money freedom and also another important factor - time freedom. The freedom that we could manage our own time freely, could choose not to work but no need to worry about living.

Put it another way, Financial Freedom is a life status that we don’t need to make a living by selling our time.

Understanding the definition

Understanding the definition fully, precisely and deeply is vital to get Financial Freedom.

To be more exact, lets illustrate by an example. We work hard in order to achieve financial freedom. However, if we work for somebody, we will never get financial freedom no matter how hard we work and how much we get paid.

Why? Easy answer - we still have to stay at work and do routine jobs everyday.

That is the vitality of understanding the definition of financial freedom. Working hard is absolutely right and that is not all. There is one more important thing to consider - to find out the direction of working hard and make sure that all our efforts are and will be put onto that direction - the direction of eventually gaining freedom of Finance and Time.

To achieve Financial Freedom

To achieve a goal, the first and vital thing is to understand the definitions of the goal. Otherwise, the chain effect would be, one not be able to think further and deeper the right way, not able to select the suitable and necessary elements for decision-making, then not able to take effective actions and result in a failure or getting lost eventually.

Similarly, principles apply to achieving the goal of financial freedom. In this place, I will share a list of clear and impactful definitions and principles I have learned to us. By applying these definitions and principles in daily life, we aim to approach the Financial Freedom day by day and will make it true one day.

Like mentioned above, Financial Freedom is the definition of the day.

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Disclaimer - Joe, me, learned all these theories from the Lecture of Lixiaolai - The Way to Financial Freedom on Get It. I am just an interpreter to translate his theory into English and share to us. Should any copyright issue occur or be claimed by himself or his team, I would be more than happy to delete all the posts immediately.