Category / Financial Freedom

Financial Freedom

What Does It Mean To Be Financially Independent?

Most people, as they are growing up, only dream of being financially well off. They hope that one day, before they are too old, they’ll be able to travel the world and do all the amazing things they see on tv.

The truth is that it is possible. People like Michael Masterson are teaching people how to be financially independent like them. It doesn’t take crazy schemes or impossible tasks. Just common sense and starting early makes it so much easier.

I’m working my way to be what I consider to be financially independent. When I think of that, I think of not having to worry about how I’m going to pay the power bill each month. Or if I’m going to be able to make my car payment. Being financially independent takes a lot of stress off of your shoulders so you can focus on the important things in life like family and friends.

A lot of people, when they get older, regret waiting to do what they’ve always wanted to do. Remember that when you’re older, it’s not going to be as easy to move around. So that backpacking trip you’ve been waiting to take might pass you by.

Learn all you can about becoming financially independent. Make a budget, or just stop spending so much money so you can save up. Financially independent doesn’t have to mean millionaire. Just control your money and you’re halfway there.

There are several things you can do to become financially independent. Improve you credit and get into buying houses and renting them out. It’s not something you can start over night, but you can start learning today. If you can pay all of your bills on time and have money left over to save, consider investing that money.

Remember, you only get one life, so be sure you’re able to live it to its fullest or it will pass you by and you’ll live with regret.

Financial Freedom

Are You Settling With Your Job?

I used to work at a job I hated. I hated going in every day and being told “You just don’t get it”, What does that even mean?

I finally had enough and looked for another job on, but not just any job. I wanted a job that I could use to leap into a future I wanted. My only requirement was that it had something to do with what I wanted to do in life, which is help people with their finances. I ended up finding a job as a bankruptcy counselor where I currently work with personal-finance and help people turn their life around. This was amazing! Everything that I wanted to do in my future was with this job.

I’ve been working there for a while now and I want to take it to the next step by working for myself, so that I can help people even more.

The point of me telling you that story is so that you understand that if you settle for the job you currently have and not enjoying, you are not living up to your full potential. I could even stay at the job I’m enjoying now and be well off but I would be doing myself a disservice and letting down my passion.

If you look around, everyone is giving up. Don’t be that person. Strive for more in your life and don’t make excuses for going after the job you want.

Maybe the job that could lead you to your dreams isn’t as wanted by other people as you think.

Settling shouldn’t be your goal in life. It should be to use your skills to their max potential and then learning how to expand them even further.

It’s impossible to do that working for “The Man”. He wants you to settle because then he doesn’t have to pay you any more and he can always hire someone else to do what you can’t yet. Once his bottom line starts hurting you are going to be the first to go, then what? Then you’re going to start working for yourself?

Why don’t you just start leveraging your skills now, so that can branch out on your own if that happens, or if you decide you don’t want to settle anymore.

You are settling because you don’t want to dream, start going after your dreams and make money for yourself, not for your boss. Your boss isn’t going to feed your family, you are. Your boss isn’t going to make your dreams come true, you are.

So the lesson today is start dreaming and start doing. If your job isn’t taking you where you want to be in life, then find a job that can start you on that track and expand from there. Don’t go through life wishing you followed your dreams, just start following them. That’s what life is all about.

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Is your job leading you you to your dream?


Financial Freedom

How To Make Your Dreams Come True When Paying Down Debt

Dreams come true

So you are on the way to paying down your debt and you’re feeling good because you’re making progress toward your financial freedom. But what else are you doing during this time?

It can get boring just paying off debt each paycheck. So what do you do to make this time more exciting?

Well, you’re really focused on paying down the debt…so that’s good. What you need to do is adjust the focus so you also see the horizon. What are you going to do once you pay down the debt?

It’s going to be even more boring if you get to a destination and you have nothing to do.

Brain Fart

Write down everything that you want to do when your debt gets paid off. I mean everything, no matter the cost. Imagine there are no limits….because there won’t be.

After you have your dreams written down, prioritize them from what you want to do the most to the least. After the first 10 it probably doesn’t matter the order, so don’t waste your time on it until you get the first 10 actually completed.

Now, here’s what’s going to take up your in-between time and get you even more excited about getting out of debt.


Start with number 1 and write out all of the steps it would take for you complete it.

Now get back to reality and see if it’s possible with out going backwards into debt. If all of the steps are physically possible (as in, don’t let your mind tell you it’s not) then move on to #2 on the list.

Google it

If there are steps that aren’t’ possible in reality then go to the best source for information….GOOGLE. That’s your number 1 resource.

Search for solutions to what’s making that step not possible. If it’s Money, then search for cheap/free alternatives to that step. If it’s fear, then search for people/blogs that have done that step and find out how they got over their fear….because everyone has fear.

If for some reason Google fails you then hit up Twitter and ask….people will help. If anything just ask me @FinanciallyPoor

The point is to find out that your dreams can come true and the only person stopping you….is you.

Once you have those top 10 figured out, Do Them. There should be a couple you can do before you even pay off your debt….Do them.

That will help you get through your waiting time and make your dreams come true.

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Are your dreams possible? What steps are stopping you?