Ask the Readers: What’s Financial Freedom to You?

by Jason Unger

On this 4th of July weekend, Americans across the country are celebrating independence and freedom (our friends to the north did earlier this week on Canada Day).

But when it comes to your finances, you may not be as free as you’d like.

Are you buried in debt? Are you living beyond your means? Or are you just caught in the 9-5 world, longing to get out?

Financial freedom means different things to different people. In Automatic Finances (subheaded “17 Days to Your Financial Freedom”), you’ll learn to be free from worrying about your money. No more late payments, no more wondering where your money is going, and no more worrying if you’re investing to the best of your abilities.

But there’s financial freedom beyond that.

So, I want to know: what does financial freedom mean to you?

There’s no poll, since everyone has a different answer. Leave your thought in a comment below.

{ 5 comments… read them below or add one }

Jason Unger July 3, 2009 at 10:19 am

Beyond not having to worry about money, financial freedom for me is having an exciting job, doing work I enjoy, and having the income to save/achieve my personal and family goals.

MoneyEnergy July 3, 2009 at 1:04 pm

For me, financial freedom means being able to work on my own goals instead of trying to further someone else’s. Generally it just means having more options to do what I want, and further my own life’s work, instead of always being obligated to do something that is part of someone else’s plan.

Lee Distad July 3, 2009 at 2:49 pm

Like the first two commenters, I look towards the ability to seek self-fulfillment and provide my family with opportunities that wouldn’t be as accessible if I need to sell my time to other people. I like being able to work on projects that interest me.

Fred Siegmund July 4, 2009 at 2:31 pm

Hi Everyone,

Financial freedom means controlling my time, or at least most of it. Debt limits that control. Financial freedom means enough money to choose time over money.

Mark @ Think Rich. Be Free. May 22, 2013 at 11:08 am

For me, financial freedom is the ability you have when you’re not worrying too much on your finances. It also is the time when you can differentiate good debt from bad debt and get assets that can help you when you retire or leave your job. And like what the one above me said, financial freedom gives you time, time to spend with your family, with your friends and of course, with yourself.

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