Freedom
Freedom and Financial Freedom
The primary goal of my coaching is to improve my own quality of life by improving yours. I think we all agree that having freedom is the cornerstone of any good quality of life. Along that line, it seems to me that specifically, financial freedom is the key to feeling secure and confident. It is said that money cannot buy happiness, and while this is true, money allows you more choices in life to pursue your short-term and long-term goals.
Freedom
Freedom is defined by Merriam Webster as the quality or state of being free, such as the absence of necessity, coercion, or constraint in choice or inaction. Freedom means liberation from slavery or from the power of another; it’s the boldness of conception or execution—an undeniable political right.
Types of Freedom
There are many types of freedom:
- Freedom of association
- Freedom of belief
- Freedom of speech
- Freedom to express oneself
- Freedom of the press
- Freedom to choose one's state in life
- Freedom of religion
- Freedom from bondage and slavery
In the context of my coaching, freedom means the ability to choose; it’s having no constraint in choice or action. Financial freedom usually means having enough savings and investments on hand to afford the kind of lifestyle we desire for ourselves and for our families.
Financial Freedom
Defining financial freedom is different for everyone, so how do you define financial freedom? There are no wrong answers, but we do need a destination in mind before we can plan out the roadmap. For you, financial freedom might mean:
- not having to work anymore
- taking a lower-paying or non-paying job to do something you love
- always having a roof over your head
- ownership of your house and cars outright
- no debt
- always have a certain amount of income coming in
- not reliant on others
- traveling the world
- funding charities/doing mission work
- and more!
Think about what it means to you to be financially free. Once you know how to define it, it’s time to continue your journey in the right direction, and hiring a life coach can help assure you that you get there!
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