Financial freedom means different things to different people.
Some may say financial freedom means more money in the bank.
Some may say financial freedom means the liberty to pay bills on time.
Others may say it means good credit. None of these meanings are wrong.
It’s actually a combination of all of them. On a very basic level, financial
freedom means managing your income so that you can take care of your
basic needs such as shelter, food, and transportation and saving for
Financial freedom is not reached by accident nor do it happen overnight.
Deciding to become financially secure requires a clear mind and the
willingness to do the work required to reach your goal. Regardless if
you are just stepping out on your own or if you have debt over your
limit, you can live a life of financial freedom by developing a plan to
help you get there over time. Although uncertain circumstances can
and will happen to us all, having a financial plan helps you to
reevaluate the things that are most valuable in your life. Then you
can reposition your goals that will allow you to handle the immediate
crisis without overlooking other important things.
It does not matter your income level, you can create a financial plan that
is realistic for you. It can be as simple as making a commitment to live
within your income, to have an emergency fund, and to pay your current
bills on time. It will take work on your behalf in order to reach the
financial freedom that you desire. The key is to have a plan! Consider
your financial plan as your road map to get you to your destination.
Start today, make a choice to make your plan and then the rest is easy…work your
plan! – Lurenna Obey, CEO