It’s become something of a joke in our household – asking each other the question: “Are you financially free?!”
Back when we were newlyweds, we were targetted by a couple of different people to “join their business” (aka Amway). Mind you, they never came right out and said “Amway” until after a couple of dinners or lunches together. And here we thought we were just making friends …
One of the phrases that kept popping up in their conversations was: Are you financially free? Do you want to be financially free? This is how you can be financially free!
It was so obvious that they were just repeating the “sales speak” they had been taught as part of the whole
scam pyramid scheme that is Amway.
Needless to say we didn’t join – and we didn’t really hear from either of these so-called friends again, either!
What does being Financially Free mean to you?
Of course, it all depends on what you mean by “financial freedom”.
To some people, it is as simple as living comfortably, within their means.
Others think it means owning their own home; winning lotto; not having to work; being able to afford frequent trips, holidays and dinners out; or being able to indulge in whatever luxury item has currently taken their fancy.
But I think the true secret to being financially free, is how you look at it, rather than how much money you actually have.
I Am Financially Free!
Apparently I am a rare creature. I am happy with where we are at financially and yes, I do feel like we have enough.
Like many middle aged couples, we’ve worked hard, bought a home and are now pretty much debt-free; with our kids grown, we no longer have any dependants. I know what it’s like to go without; after all I was raised by a single parent. We lived frugally and practised extreme budgetting right from the start of our marriage, in a bid to make a serious dent in our mortgage. Then we were a single income family for many years when the kids were small … now however, we are enjoying the fruits of our labours.
We have enough money for the necessities like food and shelter and even the more expensive ones like insurance; and can even afford to do fun things. I can buy a new dress if I feel like it, splurge on a magazine, we go on outings and the occasional holiday, and can help family out when needed.
I still have to work. I don’t drive the latest car (and in fact, have never owned a brand new car in my life). I don’t want a mansion (because I know who would have to clean it!), nor do I wear designer labels (unless they’re from the op shop!).
But I am content, and to me, this is what it means to be financially free!
What is your definition of “financially free” – and are you?!
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