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Wednesday 8 March 2017

What is Financial Freedom...
& Why Would you Want it?


Some of you may have heard of the term "financial freedom", but do you really know what financial freedom is? What is so good about it? There are many definitions, but I like to define financial freed...

Some of you may have heard of the term "financial freedom", but do you really know what financial freedom is? What is so good about it? There are many definitions, but I like to define financial freedom as this:

1) Having the time and wealth 
2) To live the lifestyle that I want 
3) Without having to work unless I choose to

So the question is, where do people who are financially free get their money from, and why don't they have to work at all?

One method is, they may have a system which automatically generates income for them, so as long as the system is up and running, their bank accounts are being stuffed with cash. Think of it as a drink vending machine. Apart from the refilling of the drinks, it is fully automated and the owner does not need to physically be where the machine is in order to get paid.

Another method to achieving financial freedom is by investing. Robert Kiyosaki calls it "having money work for you". Indeed, it can be said that rich people are very good investors because they know what they are doing and they how to have money do all the hard work for them.

So why be financially free? Ask yourself these questions:

Do you want to work by choice and not as a necessity? 
Do you want to be bossed around? 
Do you want to spend time with your family and watch your children grow?
Do you want to give your family a good life? Is there a gadget or item on your wish list that costs a fortune? 
Do you want to help less fortunate people by donating to charities?

Think of it this way. If you want to live a lifestyle which you desire, chances are, you will need to be financially free in order to do so. Many people can only dream about it, but wouldn't  you like to know how to get there?

The Prosper Hub is here to help you discover some of the ways you could become financially free ... so you can make the choice to achieve your dreams.


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