Saturday, July 12, 2014

With Financial Freedom Comes Independence


I have simply lost count of the number of instances where I have noted couples stuck in relationships which have very clearly lost their sheen completely, purely because of financial compulsions. To cite an instance, a woman in an abusive relationship continues to tolerate her abuser boyfriend / husband, purely because he is the provider, the proverbial bread winner.

This is definitely not how things should be; yet, because the most important element of financial freedom happens to be missing, there is precious little that individuals in such a scenario can do, other than to tolerate all the wrongdoing that is taking place.

The other, more eclectic choice is to ensure financial freedom in such a way that you have your personal independence and therefore do not have to rely on anyone else for day to day existence, especially if that person (or set of persons) happens to be unscrupulous. In that regard, I will even cite the instance of many parents who are clearly not the best for their children, and yet, since the kids do not have financial freedom, they have to keep up with the abuse (or any other offensive behavior) which comes their way.

No doubt, achieving such financial freedom is much easier said than done. And when we are young, and lack both experience as well as qualification, apart from not being as worldly wise as we would be in later years, it is that much harder to ensure financial freedom. Yet, it is not an impossible task either. I would suggest that you look up this page where you can note a number of passive income ideas which I have shared with you. However young, unqualified or inexperienced you might be, there would definitely be ideas on that list that you can actually take up for yourself.

Also remember that a lot of the learning – whether work related or “life” related, comes with time and experience. So you need not always seek out specialized learning, such as the one obtained in a classroom format. Instead, you can simply get on with working on any of the ideas enlisted (or others that you might possibly have in your mind) and go from there to achieve financial freedom, towards the ultimate goal of personal independence.

At the end of the day, you will have only yourself to thank and feel obligated to, for having taken this much needed initiative.

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