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Author Topic: What will you do when you have Financial Freedom?  (Read 1410 times)
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July 06, 2023, 03:13:56 PM
 #141

There is no stage in life when one can boldly say, that he or she is financially free. financial freedom is a word that does not exist in my dictionary. No matter the amount of wealth you have, there is something you can't still buy with your money. Remember,  a man that plans to relax now, lives to regret in the future.

So, invest, make more money, and live happily
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July 06, 2023, 03:19:08 PM
 #142

Economic discussions related to inflation, recession, food crisis, labor crisis, agricultural crisis, war crisis...
From all the things you have mentioned above are still on the space to affect every household except the rich and the wealthy. To become a financial freedom in the society means you must be a rich man or a wealthy man if not you are still suffering from those things mentioned above. As others as said, those things are man made to suffer the poor and make the rich and the wealthy to continue their exploitation.
That is why different thoughts are on ground to view their points on the economy of a Nation. The major ones are Capitalists and Marxists. I have not seen someone physical and says he or she is financially free except TV show from the world richest people. But for my locality, I have not seen any.
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July 06, 2023, 03:27:40 PM
 #143

Well, if I do achieve financial freedom as you asked, I will truly enjoy myself because I am aware of the difficulties I had to overcome prior to that point. However, I will continue to invest my money and ensure that my children do not experience the same difficulties as I did. I will also make sure to include them in my business and involve them in at least one or two ways. But seriously, if I achieve financial freedom as you asked, I will truly enjoy it because to get that stage is so difficult.
Of course everyone will enjoy it too but it's a good thing if you still want to invest and teach a lesson for family or close friends to achieve the same thing.
For me personally, I will not do many things with high risk. Even if I choose to invest, I will limit it and also will not be too ambitious because I know that every investment has a risk and the rest I will enjoy my life without having to think about anything else.
Not to totally oppose you but I think it's natural for a human to be more ambitious, the more he earns money or the more he achieves his goal. It's like, our wants or greed doesn't stop just because we reached our first desire. Even those businessmen take more and bigger risks even if they're already stable and already considered to achieve financial freedom. Since they already achieved their goals, they would have another goal to achieve, and that becomes a cycle. But I understand your point, that you just have to enjoy your life and do the things you want after getting free from financial problems. Who wouldn't want that?
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July 06, 2023, 05:42:49 PM
 #144

There is no stage in life when one can boldly say, that he or she is financially free. financial freedom is a word that does not exist in my dictionary. No matter the amount of wealth you have, there is something you can't still buy with your money. Remember,  a man that plans to relax now, lives to regret in the future.

So, invest, make more money, and live happily
Basically everyone always wants more and more. every time he succeeds in reaching one stage he will try to reach a higher stage and so on. But the meaning of financial freedom for everyone may be different. And having financial freedom doesn't mean you stop having higher goals. But financially, he is already living sufficiently and is not worried about starvation. even if he relaxes then the earnings will still flow into his personal account or wallet. because he has a company that continues to bring in income without us being directly involved in the company. because we already have people we entrust to them in managing our business. and we just have to enjoy the result. watching of course.

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July 06, 2023, 06:13:42 PM
 #145

Of course everyone will enjoy it too but it's a good thing if you still want to invest and teach a lesson for family or close friends to achieve the same thing.
For me personally, I will not do many things with high risk. Even if I choose to invest, I will limit it and also will not be too ambitious because I know that every investment has a risk and the rest I will enjoy my life without having to think about anything else.
Not to totally oppose you but I think it's natural for a human to be more ambitious, the more he earns money or the more he achieves his goal. It's like, our wants or greed doesn't stop just because we reached our first desire. Even those businessmen take more and bigger risks even if they're already stable and already considered to achieve financial freedom. Since they already achieved their goals, they would have another goal to achieve, and that becomes a cycle. But I understand your point, that you just have to enjoy your life and do the things you want after getting free from financial problems. Who wouldn't want that?
But I think it is not a form of greed, but it is an act of anticipation when what he has achieved at the point of success or financial freedom undergoing bankruptcy, we know that in doing business there is always competition that overshadow the industry that we live At the peak point in the success of doing business, it cannot be run flat, so it is important to make innovation and business diversification to secure their progress, logically if we stand up by one source of income, if the source that is only shaky and then collapses, Then you will return to the point you need a job from other people to meet your needs.


There is no stage in life when one can boldly say, that he or she is financially free. financial freedom is a word that does not exist in my dictionary. No matter the amount of wealth you have, there is something you can't still buy with your money. Remember,  a man that plans to relax now, lives to regret in the future.

So, invest, make more money, and live happily
Basically everyone always wants more and more. every time he succeeds in reaching one stage he will try to reach a higher stage and so on. But the meaning of financial freedom for everyone may be different. And having financial freedom doesn't mean you stop having higher goals. But financially, he is already living sufficiently and is not worried about starvation. even if he relaxes then the earnings will still flow into his personal account or wallet. because he has a company that continues to bring in income without us being directly involved in the company. because we already have people we entrust to them in managing our business. and we just have to enjoy the result. watching of course.
Yes in the context of financial freedom it depends on the perspective of each or we call it subjective, and we cannot impose our opinions on someone who has a different view.
The more desire is present because it is driven by a trigger that causes it to keep moving forward and better, if seen from the level of human level, it will have different views and relationships that motivate it to keep it better.
Even when someone has someone who is in trust to manage his business, it needs control and supervision, because it could be that if it is wrong to take steps in his actions, it will knock down what we have built.

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July 06, 2023, 06:15:50 PM
 #146

Basically everyone always wants more and more. every time he succeeds in reaching one stage he will try to reach a higher stage and so on. But the meaning of financial freedom for everyone may be different. And having financial freedom doesn't mean you stop having higher goals. But financially, he is already living sufficiently and is not worried about starvation. even if he relaxes then the earnings will still flow into his personal account or wallet. because he has a company that continues to bring in income without us being directly involved in the company. because we already have people we entrust to them in managing our business. and we just have to enjoy the result. watching of course.
The meaning of financial freedom is when you are able to be financially responsible in meeting the necessities of life regardless of how much value or digits are in your account. Many or few digits of your money can't determine you have achieved financial freedom, but it will be achieved with gratitude. So, when you are not worried about your financial condition in the future, then you have entered the category mentioned, namely "financial freedom".

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July 06, 2023, 06:38:25 PM
 #147

Consider yourself already have financial freedom at this time. That is, you already have passive income that continues to flow into your account and into your wallet without the hassle of managing your business. because your business and all your companies are managed by someone you trust to manage it. So you just need to sit back or take a vacation every day while enjoying the flow of money that continues to enter your pocket.

Now my question in such a situation is when you already have financial freedom. then what are you going to do to enjoy your life and enjoy that financial freedom?
Having financial freedom I think is everyone's dream and of course to achieve financial freedom requires a long struggle. Even though right now I haven't reached that point yet, but if you tell me to imagine if I already have financial freedom, of course the most important thing I do is when I'm finally financially free, I will help the people around me first (read: parents, younger siblings , uncles, aunts, family) because of course they see us as a gold mine, somehow they have played an important role in my journey to success, so they deserve a good share of what I have achieved.

Of course I will put in some of my funds to buy bitcoin with the DCA strategy and lastly to open a business because this is also important so that our funds continue to rotate in positive terms for a more established future.
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July 06, 2023, 07:17:04 PM
 #148

Basically everyone always wants more and more. every time he succeeds in reaching one stage he will try to reach a higher stage and so on. But the meaning of financial freedom for everyone may be different. And having financial freedom doesn't mean you stop having higher goals. But financially, he is already living sufficiently and is not worried about starvation. even if he relaxes then the earnings will still flow into his personal account or wallet. because he has a company that continues to bring in income without us being directly involved in the company. because we already have people we entrust to them in managing our business. and we just have to enjoy the result. watching of course.
The meaning of financial freedom is when you are able to be financially responsible in meeting the necessities of life regardless of how much value or digits are in your account. Many or few digits of your money can't determine you have achieved financial freedom, but it will be achieved with gratitude. So, when you are not worried about your financial condition in the future, then you have entered the category mentioned, namely "financial freedom".
Yes, there are state you reach and feel free financially, but the issue still remain that money do not grow on trees you need your money to keep working for you reason being that human wants are unlimited and if you keep spending what you have and added nothing to it, you will drain your account in no time. I still feel investing in safe haven like Gold, Real estate, Treasury Bills and some of these precious metals are best investment when you have no need to worry about money again, the return might be small but you know your investment is guaranteed as compared to investing into risky investment class

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July 06, 2023, 07:54:33 PM
 #149

If I have financial freedom, I will keep myself busy with things that give me satisfaction and fulfillment in life, and I will continue to learn more and keep my mind stimulated, and I will help others to achieve financial freedom, but only if they are willing to change their recipe mindset in practice, the most important thing is to work on passive income streams and develop a plan to stay financially free, I will advise you to track your spending and educate yourself in matte

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July 06, 2023, 08:07:44 PM
 #150

Reaching a level where a man can comfortably and with all alacrity say that "I am financially free for life" is the dream of every man, it's one of my biggest dreams, and if one day, I reach that stage, there are many things to do..

I am going to lift my family as well, as many of them I can help to also become as rich as I am, I will do it, I will make sure to contribute a good percentage of all I have to help improve the lives of people in my community and the society at large, my primary goal will be to touch the lives of the less privileged people in a very positive way, improve their lives, and give them the hope for a better tomorrow..

And every other thing like building big houses, driving big cars, traveling for vacations, and so on, will all be secondary.

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July 06, 2023, 08:28:35 PM
 #151

Basically everyone always wants more and more. every time he succeeds in reaching one stage he will try to reach a higher stage and so on. But the meaning of financial freedom for everyone may be different. And having financial freedom doesn't mean you stop having higher goals. But financially, he is already living sufficiently and is not worried about starvation.
Because humans are not satisfied when they get more, they want even higher than before and so on.
And indeed financial freedom is different for everyone, maybe some people think that if they get out of poverty, it can also be considered as financial freedom, they can fulfill everything they want, including being financially responsible.

even if he relaxes then the earnings will still flow into his personal account or wallet. because he has a company that continues to bring in income without us being directly involved in the company. because we already have people we entrust to them in managing our business. and we just have to enjoy the result. watching of course.
Maybe some of us think that when we own a company and have an income that continues to flow it makes us relaxed, isn't it like this is like a lazy person because he doesn't take care of his own company at all?
What I know as a company owner even though someone manages the business, the owner is still working to continue to improve his company, there is nothing lazy for the owner even though he gets a steady income.

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July 06, 2023, 09:52:04 PM
 #152

Basically everyone always wants more and more. every time he succeeds in reaching one stage he will try to reach a higher stage and so on. But the meaning of financial freedom for everyone may be different. And having financial freedom doesn't mean you stop having higher goals. But financially, he is already living sufficiently and is not worried about starvation. even if he relaxes then the earnings will still flow into his personal account or wallet. because he has a company that continues to bring in income without us being directly involved in the company. because we already have people we entrust to them in managing our business. and we just have to enjoy the result. watching of course.
The meaning of financial freedom is when you are able to be financially responsible in meeting the necessities of life regardless of how much value or digits are in your account. Many or few digits of your money can't determine you have achieved financial freedom, but it will be achieved with gratitude. So, when you are not worried about your financial condition in the future, then you have entered the category mentioned, namely "financial freedom".
It was more than enough - it means that you can buy anything if you want. It was easy for them to grow their finances as they are already established well.  It was easy for them to protect their finances as they can spread their business or make another business line. That is why I could say they are worried about their future because as long as their businesses are running well, money always come into their pocket even they spend a lot.

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July 06, 2023, 10:00:01 PM
 #153

If that happens and I finally have enough money to feel free, I'll focus on keeping that going and teaching my children to maintain it.
What's money if someone can steal it from you? The most important thing to learn with money is not how to make more, but how not to lose the ones you have, because many people get an opportunity in their lives and win or inherit money, or get a good job that pays well, but they waste whatever they have and eventually end up with nothing.

So, the answer is, I wouldn't take unnecessary risk with my money and I wouldn't try to chase profits. I'd play it safe.

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July 06, 2023, 10:28:20 PM
 #154

Well, ofcourse most of us would choose to invest since we are in this industry but for sure people with financial freedom would most likely spend and buy things that they want, and neither is wrong. It just depends on your gision as an individual. Financial freedom is not the same as being rich, you just have enough financial margin to have options in life such as engaging to your dream school, investing in your interests and more. But your vision into such privilege is what would matter the most. If you have futuristic plans such as for your kids in the future with it, then you're on the right track for sure. If you choose to be more free with it such as making a bigger margin from your financial freedom, then that would be best.

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July 06, 2023, 11:41:21 PM
 #155

It is not so easy to have financial freedom, money covers practically everything that concerns our life, it is involved in being able to dress, educate and even in health... Without money you would die, not being able to buy a medicine that is essential to survive, so if I already had financial freedom, I would invest more or create more businesses……. it could be both…….and I would even look for other alternatives that could guarantee that said freedom is maintained until my last days, so that I never lack for anything or those I love, already having that insured, I would share with my family and help them in whatever that you need, I would travel, I would provide support for those who have not been able to have the same luck as they would be having due to economic situations.
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July 07, 2023, 12:17:09 AM
 #156

When I have achieve financial freedom one of my target goal is to help my family for them to have a comfortable life, help as well the less fortunate people whose been battling poverty. I would put up a business and give them job opportunities so that they can improve their lives and overcome poverty. With financial freedom i would also reward my self by traveling to different countries and explore their culture. And i will diversify my finances to different kind of investments and businesses to help more people and give them job.

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July 07, 2023, 04:59:02 AM
 #157

A lot of people think that reaching to financial freedom is a one time thing but the reality is that it is not a one time thing, it is a constant thing that you need to do. It means, if you reach it today, then you will have to keep reaching it for a long period of time and that's the hardest part. I know that it feels like we are not going to see that change anytime soon, but if we get rich and be silly with our money then we are going to go back to being poor again.

This is why I hope that people realize it is not a silly thing to do and you should be aware of the situation you are in. Hopefully anyone who gets rich would just aim at trying to stay rich, that's what I would do, I would try to keep trying to be rich.

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July 07, 2023, 05:59:59 AM
 #158

If I have financial freedom, I will keep myself busy with things that give me satisfaction and fulfillment in life, and I will continue to learn more and keep my mind stimulated, and I will help others to achieve financial freedom, but only if they are willing to change their recipe mindset in practice, the most important thing is to work on passive income streams and develop a plan to stay financially free, I will advise you to track your spending and educate yourself in matte
Helping others to achieve financial freedom is a good intention. You show that you are a person who cares for others. And yes, it will be very nice if we have achieved financial freedom and we can also help other people to achieve the same success. But I also want to maintain the financial freedom that I have so that it lasts even for several of my next generations. And the most important thing is that we still have to be humble and not be arrogant when the world is in our hands. because arrogance can destroy what we have built.

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July 07, 2023, 08:20:54 AM
 #159

My biggest goal in life is to enjoy as much as possible which is a simple and realistic goal overall. Once I achieve financial freedom in my life at some point, I will focus even more on enjoying as much as possible.

We only have one life which is why I am trying to live my life in this manner to the fullest. Just my 2 cents.

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July 07, 2023, 10:21:05 AM
 #160

The meaning of financial freedom is when you are able to be financially responsible in meeting the necessities of life regardless of how much value or digits are in your account. Many or few digits of your money can't determine you have achieved financial freedom, but it will be achieved with gratitude. So, when you are not worried about your financial condition in the future, then you have entered the category mentioned, namely "financial freedom".
         I have a question here. Are there many people who understand and realize that they have gained so-called financial freedom? It seems to me that there are only a few of them and they know how to properly use this advantage to the fullest.
        I can’t say that about myself, but every day I take steps in this direction. Why didn’t this happen to me personally in a few years? Maybe that's what I really want? How do you think?

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