For so many years, thousands of articles and books have been written on the topic of financial freedom. Probably nothing new can be added to the subject, except for an additional outlook and some motivation.
Minimalism, simplicity and financial freedom
Being interested in mindfulness, minimalism, simple living, I can say they are all connected not only with one another but with the financial freedom the way I understand it. When you are mindful you know yourself as you observe yourself being here and now. You notice how many things you use, how many clothes you wear, etc. That leads to minimalism. I'm not speaking about minimalism when you have almost nothing, but about one in which you don't spend money, especially money you don't have, on things you just don't need. That leads to simplicity. You discover and finally understand the most precious things in life are not materialistic things, oh well maybe besides books, time spent with friends testing great food or travelling the world. All that mentioned leads to financial freedom. You don't spend too much money on things so you can save more, you can allocate more of your income to a saving account and with the time you can invest the money in something more profitable.
Financial freedom - a freedom to choose
The way I understand so-called financial freedom is by having a choice in life. Having a choice to change your career, especially if you don't want to participate in a rat race. Having a choice to work as much as you want. When having some extra money you can decide not to work too much and cover some expenses using your savings. Imagining your expenses are not unrealistically high, you are able to do it. When acquiring financial freedom, and I'm not saying here about becoming a millionaire, you notice you don't have to run anywhere, you can just walk, enjoy small things on the way. That makes you even more mindful and calm and that is really beneficial for your health, both mental and physical. Believe me or not, by implementing minimalism or mindfulness, which help create financial freedom, you may buy things of a better quality, which last longer so you don't have to buy new ones too often, or you can travel the world. You have a choice, spend money on too much stuff that only collects dust, or on something meaningful. You have a choice, spend money on yet another piece of clothing, that you get bored with soon anyway, or finally go to this expensive restaurant and try some international cuisine you have always dreamed about.
Small steps taken even today, can lead to some financial and personal freedom. The most important is to take the first step and keep going. You either try or just stop complaining about the terrible pace of life you have ( rat race), lack of money ( overspending). In my blog, I want to show you my experiences with mindfulness, minimalism and financial freedom and/or give you some pieces of advice for your future.
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