So, just what is financial freedom? For too many people, it seems to be an answer that’s impossible to articulate. They’ve spent so much time hustling every month, just trying to get all of their bills paid that they don’t even have time to stop and think about what true financial freedom is all about or what it would mean for their lives. This is a concept that’s as far out there as the next solar system, and that’s truly too bad, as it creates a lot of stress in life that could otherwise be eliminated.
Alleviate Financial Solutions has been helping people take important steps towards financial stability and financial freedom for years, and we’re ready to help you or anyone you know who would like to get on top of their debts and move into an entirely new phase in your life. In the meantime, we’d like to offer some perspective on what financial freedom is and what it could mean to you.
What Is Financial Freedom? An Answer…
For most of us, money is what we think most about in our adult lives, whether it’s in a positive or a negative sense. It’s an enormous source of stress, it defines status for too many people, and it governs our emotions, our judgment, our decisions and even our relationships. This isn’t how it should be, as while money is obviously important, those who have achieved financial freedom understand that it’s not the be-all-end-all that many think it is.
None other than PT Barnum was known for saying that, “Money is a terrible master but an excellent servant.”
That’s absolutely correct. For those who struggle with bills, their time is spent working towards paying them, thinking about how they’re going to pay them, and losing sleep over their inability to pay all or some of them. When you take steps to achieve financial freedom, these problems will be minimized. Financial freedom is as much a mental state as it is a financial status, and those who figure this out enjoy their days more than those who do not in general.
What Financial Freedom Would Mean For You
What is financial freedom? For those who have found the answer, it means more than one thing. Financial freedom offers people opportunities on at least two levels: the experiential level and the daily life level. We’ll offer some perspective on each and then provide you with some information regarding how you could take some steps towards getting there yourself.
The “Big” Things
When people envision financial freedom, many likely think about sailing away on the blue ocean in a gigantic yacht, sipping champagne and nibbling on caviar. While that’s a nice way to spend a day, that’s not really what financial freedom means for most people. The “big” things that people with financial freedom achieve involve the ability to go and see a friend or family member who suddenly needs help. Deciding to stay a few extra days when you’re already on vacation is another example. Buying the prime steak instead of the choice is something that people with financial freedom don’t really worry about all the time. These are not “big” things that someone would think about, but they are big in that they’re no longer stressful decisions or things that someone would have to do without because they lack financial freedom.
The Daily Things
Perhaps more importantly, financial freedom involves a daily life that’s simply healthier for people. It’s no revelation that money matters lead to stress and vice versa. According to a report released by Capital One:
- 58 percent of Americans feel that finances control their life.
- 68 percent of Americans are worried about having enough money to retire.
- 41 percent of Americans state that financial stress harms their sleep.
There are other negative findings in the survey the lender did, but the bottom line is that too many people are allowing money to overtake their lives. It’s not necessarily irrational, but it is proving to be harmful.
Imagine a life where you won’t have to worry about how you’re going to make those debt payments that month, or how you’re going to afford your child’s braces. Imagine a life where your first and last thoughts of every day are not remotely related to money. Imagine the stress that would remove and how that would literally benefit your mental, emotional and physical health.
- Read More: How to Budget: A Step-by-Step Guide
- Read More: How to Get Out of Debt: A Step-by-Step Guide
Financial Freedom Can Be Achieved
Ultimately, financial freedom can be achieved, but that’s largely up to you. If you find yourself buried in debt and you’re looking for a way to at least start at even ground again, you should consider the possibilities offered by Alleviate Financial Solutions. We can help you with debt settlement, debt consolidation and other things. You can start by reviewing our Guide to Financial Freedom, and then you can contact our team of professionals to discuss your situation. We look forward to helping you achieve what we all deserve: peace and happiness in our daily lives.