Financial freedom is a utopia?
After blogging around the topic of financial freedom actively for 8 months, I found that I really learn a lot in personal finance and financial freedom. Maybe this is the results that I gain from reading others' blogs, forums and articles that available on the internet. The more I read, the more I learn about market and what people thinking in terms of personal finance.
However, I found that the theory of financial freedom is not widely accepted by people. Many people don't believe they are people who really achieve financial freedom and think that financial freedom is a utopia, an unreachable dream. I also meet this kind of people before where I share the financial freedom information that I found with my friend. All of them just think that I am day dreaming and some of them even worst by say something that drop down my confidence level.
Financial Freedom is a believe
Actually financial freedom is just a believe. If you believe, then it really exists in this world. I still remember a song from Maria Carey, “When you believe". I love this song and the lyric inside the song. There is a miracle, when you believe. That is mean if you believe in certain thing, that it will work and come true. So as financial freedom.
Financial freedom, when you achieve it, you will have the choice to choose whether to work or spend your time to do what ever you like to. This is because you have enough passive income to support your life and cover your expenses. To most people, this really hard to be accepted. Especially we come from a society where we are being taught that “Money only can be earned with hard works". So the concepts of financial freedom are fighting with our mindset and believe system that we learn and build since we are childs.
2 reason why financial freedom is achievable
For me, I really believe that financial freedom is achievable and a goal or maybe a dream that will happen in the reality. So what really make me strongly believe that financial freedom really happen in this world and we can achieve it if we want to? Here is the 2 points that support my concept:
- There are people who really make it, I saw it and read it.
- There are tools that we can leverage on to make it
Reason 1 : There are human who really financial free
First, I really saw and read that people who really financial free. If you read the books from Robert Kiyosaki, you will know that he is a guru in financial freedom. In his book, he is trying his best to prove that financial freedom really happen in reality by explaining what is financial freedom and how he was being taught and trained, what kind of hard works and steps that he took and finally achieve it in 1997(If I not mistaken). Maybe you think reading a book and believe that financial freedom is achievable does not make any sense. Yes maybe you are true. However, luckily, I meet this kind of financial free people from the real world! The first person will be my mentor, who financial free since 2000 and he is the one who insert the “financial freedom" into my mind and encourage me to achieve it. Besides that there are several customers also financial free too. I have customer who financial free from real state investment, and also financial free from business and also inheritance (I think this is the easy and best way to make it, haha). All of them always advice people to learn how to manage their money, invest and be financial free. They also encourage us reading to improve our knowledge because they know that today knowledge is the key to wealth.
Reason 2 : There are tools that you are leverage to be financial free
Actually in the market there are a lot of tools that we can leverage to achieve financial freedom. The important keyword for financial freedom is passive income. To be financial free, our job is very simple, just try our best to build some passive income that able to support our needs and expenses. There are 2 ways to do so - investing and business. When comes to the world of investing, there are really a lot of choice to choose from. Stocks, bonds, forex, real estate and so much more. If you do it properly, all this tools you can use to build your passive income. For example, Mr. A. is my customer who becomes financial free from real estate. Before this he is a civil engineer. Every month, no matter what happen, he will save some money from his paycheck and after a few years, he bought his first rental property. He still continue saving a small amount of money from his paycheck, combined with the positive cash flow from the property, he managed to buy his second property faster. Until today he owned a lot of properties and some of them even buy by cash and the rental is 100% profit to him. Business also is an option to be financial free. When starting, you must pay a lot of time and hard works in the business. Build a system, and make the business become automation and run on itself. So eventually you can away from the business and it still can grow and generate income to you even you are not totally involve in the business anymore. The good news is most of the business have the room to grow and you can easily start more than 1 business too. So you can double, triple your income through business.
The true reason why financial freedom is not achievable
Now, do not you think that achieve financial freedom is easy in terms of theory? But in reality it is not and this is why there are so many people think that financial freedom is not achievable. In the process to achieve financial freedom, I learnt that financial freedom does have its price and we must pay the price before we can achieve it. You may read some books about how people success, all of them paid for the price of success.
However, most people feel that theprice of financial freedom is too high and hard to pay it. For example, if you decide to be financial free from business, then you must get ready to learn all about business and how to build a system for it. Besides that, you have to make some changes to your mindset, behavior and personalities, and this is the biggest price that you have to pay. If you hate selling, which is the most important skill in business to generate income, then you will struggle inside your mind. In this process, I can tell you that it is not easy and you may feel tired with it and give up. Our human is born with some kind of self-protection ability. If we want to change something, especially our mindset, behavior and personalities, our defensive system will start and you can feel the fear and the uncertainty that make you uncomfortable. No wonder most people fail because he cannot pass the emotional examination.
Conclusion
Financial Freedom is achievable if you do the right things and have the right mindset. It just a believe, if you believe it will be there, if you not, you never achieve it. So before you ask whether there are such thing that financial freedom, ask yourself, do you believe you can achieve financial freedom? If you believe, then make a plan and take action. Once you set the goal, have a plan and take action, you will be financial free one day. This is what Anthony Robin called “The Personal Power".
Good Luck,
Harrison
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