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Friday, October 12, 2012

Why you also need Financial Freedom

 
Many people make the mistake of thinking that all the challenges in their lives would dissipate if they just had enough money. Nothing could be further from the truth. Earning more money, in and of itself, rarely frees people.

It's equally ridiculous to tell yourself that greater financial freedom and mastery of your finances would not offer your greater opportunities to expand, share, and create value for yourself and others.

Financial freedom does not end at collecting a huge corpus of money. Accumulating money is a means to attain a sense of security. It is a pre requisite to get freedom, and not freedom by itself. It is NOT THE END. You start exercising your freedom after you have taken care of the money part in your life, else most of your life would be devoted in the worship of money and related pursuits.

For a moment, let us forget about the money part.

Let me ask all of you a very simple question:

"What does financial freedom mean to you ?"

Close your eyes and imagine for a moment that all your household expenses were met through "some" source of money other than your job, business or wherever else you are actively involved with today, and there was still some left over money at the end of the month. If you get that kind of security, what change would that bring to your life? How would that change what you are doing today?

"What would you stop doing? and what would you start doing ?"

Are there some old cherished forgotten dreams that flare up? To me, that would be real freedom...freedom to think, freedom of time, freedom of money, freedom to do what you truly want to do in your life, something that you are really passionate about. The passion could be about pursuing your old forgotten hobbies, helping others, contributing to the society, spending more time with your family or anything else that you have always been thinking about but unable to pursue because your family security or lack of money just did not allow you to.

This personal freedom from financial constraints in life can change the course of your life. Personally, i feel , it is the single most significant goal that everyone must strive for.

Here are some quotes from one of my favorite authors on this subject. I grew up reading some of his bestseller books which ultimately changed the way i used to think about money.

Robert Kiyosaki (of "Rich Dad Poor Dad" fame) has been an inspiration for me. Here is how he feels about money and financial freedom:

1. Never say you cannot afford something. That is a poor man’s attitude. Ask HOW to afford it.
2. Find out where you are at, where you are going and build a plan to get there.
3. If you want to go somewhere, it is best to find someone who has already been there.
4. Education is cheap; experience is expensive.
5. When going into business don’t just find great partners, BE a great partner.
6. When people are lame, they love to blame.
7. The hardest part of change is going through the unknown.
8. The only difference between a rich person and poor person is how they use their time.
9. Face your fears and doubts, and new worlds will open to you.
10. Your future is created by what you do today, not tomorrow.

I really like the last one - If you have been thinking about truly getting rich, you have got to start today. There is so much help available all around you. Push yourself. Motivate yourself. 

You are making your own future ...and you are doing it every day, this hour and this very single minute. Your actions today are defining your destiny of life.

Wake up and fight for your own personal financial freedom. It is truly worth it !!

Cheers

Manoj Arora



2 comments:

  1. How tell me .................. Like the name Manoj Arora, want to see the depth of his work. Im sure must be intense, deep.

    All the best in advance

    ReplyDelete
    Replies
    1. Hi Sumit.
      Thanks for going through the post. I went through your website as well and liked some of the snaps. They were really cool.

      Well, Financial freedom is about planning it right and executing the plan. It is not complex but needs discipline. There are 8 steps involved, which would be published in my upcoming book end of this month (as well as available on a separate website for everyone) along with the launch of the book.
      The beginning of this journey is the need of a strong dream (Why do you want to be financially free) rather than "How". How is much simpler. "Why" is the tough part. Don't overlook this first and most critical step.

      Till the book and website are launched, i encourage you to build your dream (http://ratrace2freedom.blogspot.in/search/label/Dreams). You can also go through other blog Labels that you may find interesting.

      Best would be to follow this blog by email so that you can be posted of the latest stuff along with the website opening and launch of book. Take care.

      Manoj

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