"Does Financial Freedom Exists?"

Hello hivers..!! How are you all doing today? Am sure you've been good.. And your families too? Thank you for visiting my blog post. And today, I will be sharing with you about "Financial Freedom". Keep reading;

Does Financial Freedom Exists?

Before we discuss the highlights of this topic, let's first know the definition of it's term. In a layman's terms, "Financial Freedom" means having enough income, savings, and investments to cover your living expenses for life without depending on active work or debt. In other words, it also means for one to be financially free or being out stress and limitations of life. When you're financially free, you will be able to have control over your finances, and not the other way around.

The reality here is that financial freedom does exist, but very few people achieve full financial freedom. It o takes discipline, time, smart investing, multiple income streams, and sometimes a bit of luck to achieve it. Some people who are Rich today still doesn't feel free. This is because financial freedom is a mindset, and peace, not pressure. In addition, Financial freedom is real, but it’s not automatic. It can be built step by step through financial literacy, smart habits, smart spending, smart investments, and patience.

Take for instance, if one should give me 50,000 million dollars for me to be financially free and stable, it will be very much possible, because i believe that financial freedom exists. If I should invest such a money in a very profitable business, I will make more money from it and such profit will yield into financial stress free. Also, you can give such a huge money to an illiterate and who still not know how to investment smartly and will still be in the shackles of financial barriers.

There are different levels and stages of financial freedom. We have; Financial Stability. This is when one can be able to pay their bills on time and have some money left for their savings. Again, we have Financial Security. Here, this is when one is able to pay up for their essential needs (food, rent, transport) and are covered by reliable income or assets. The last stage here is Financial abundance. Here, you will be able to live the life you want, where you want to travel to, help others that are in need, pursue passions and dreams, without worrying about money or finances. Such a person will have more than enough, and money becomes a tool for impact or legacy.

In Summary, my point of view here is that financial freedom exists and for one to be financially free relies on the kind of mentality he or she haves, and also how to invest and spend smartly. Thank you all for your time.. Here comes the end of my post today. I wish to invite @chilucky @danieluche @favouright to share their own opinions with us.. Thank you all once more..!!!🤗