Thursday, June 11, 2009

What do you mean by Financially Free?

Imagine. How long can you survive financially without working?
3 months, 6 months, one year or maybe less than 3 months.
Ask yourself, how much did I save for the past years of working hard. Can you and your family survive for 3 months or 1 year with that money you save.

Were you able to buy your own house? Some will say, I was able to build my own house (Lucky for them!). But not for most Filipinos. Majority are living with their parents or relatives and many are renting. For those who were able to buy their house, can you pay your monthly amortization for the succeeding months without working? Some can live for a year but the question is. Are they living comfortably and luxuriously? Most of us cannot survive for a year, someone has to be working here or abroad. Speaking of working abroad, relatives here are technically financially free for the time being but not forever.

Some would say that my first question is ridiculous. No one can survive without working. It is not ridiculous but out of the box. Most of us are living inside the box. We follow achaic advises like study hard get good grades (I also not saying to flunk school, however some drop outs are millionaires or even billionaires. Academic literacy is very important but there are other literacy we should learn to help us became financially free). Other advises get a good job and a stable company and buy their own house. For most, buying their own house is wishful thinking because most are living with their parents and is not affordable.

Today, we need a new mindset or a new context or a new thinking. Also, we need speed to be Financially FREE. People who are Financially FREE can live abundantly for life without working.
How's that possible? Because their money works harder for them.

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