I recently did a call where everyone participating had a traditional 9-to-5-like job.
They finally started to open up about their collective biggest concern — they were all worried about their financial future and to be frank, they should be! They wanted to know the fastest way to financial freedom.
I said to them, “Listen, the biggest mistake most people make is equating rich with free.”
Everybody I’ve ever talked to wants to be financially free. I’ve never talked to anybody that doesn’t want that.
But what you must understand is this one major misconception:You don’t need to be rich in order to be free Click To Tweet
If you set your sights on becoming rich, it is not necessarily true that you’ll become financially free. They’re not the same thing.
Watch this video — a peek into my upcoming free web class — to learn why:
You Don’t Need To Be Rich To Be Free
A lot of people say, “Well, I’m going to do what I need to do to be rich, and then I can become financially free.”
Well, when we talk about wanting to be rich, what are we really talking about — money or freedom? There’s a pretty big difference between the two, right?
You see, to be rich you probably need to be in the multi-millions. And believe it or not, there are a lot of rich people who aren’t free.
They have to work their asses off to keep their wealth because they didn’t set it up properly — that is, they didn’t systemize their businesses to run without them needing to be there. They didn’t learn or model from others who have succeeded before them.
So does being rich absolutely mean having more freedom, or security, or even peace of mind?
Being rich certainly provides material convenience, but you and I know there are plenty of rich people out there who are completely miserable. Sometimes they miss the whole point of being rich — i.e. freedom and happiness.
Instead, they work even more than some middle-class people, who struggle just as hard, because some rich folks think they have to work harder in order to stay rich and “free.” Can you believe that?!
So in the end, what are we really after? What do we really want? The house we want can give us a sense of comfort. The car we want can heighten a feeling of importance. Travel and toys can bring excitement and stave off boredom.
But you don’t have to wait to be rich in order to have these things or experience the feeling of freedom and happiness.
The goal isn’t to get rich in order to be free. Let’s turn that around!
The road to financial freedom is different than the road to riches. They’re fundamentally different strategies.The road to financial freedom is different than the road to riches. They’re fundamentally different strategies. Click To Tweet
So here’s how I would recommend going about this:
Get Free First… Then Rich
Get freedom first, and then being rich becomes icing on the cake.
It takes a lot less money and therefore less time to focus on your road to financial freedom than it does to focus on becoming rich.
And the fastest way to do well with money is to manage your money well using key strategies to help you get to financial freedom and build long-term wealth.
Don’t know how much you need to be earning in order to be considered financially free? Here’s a simple formula to find out.
Ultimately, you can be free by earning, depending on your lifestyle, $65,000 a year. You can live a fulfilling life, depending on what you’re doing and your wants and needs, especially if you have your mortgage paid and debt already handled.
It’s a whole different world to try and get to $20 million versus $65,000.
Freedom is only as good as the results of your true intentions.
In other words, keep the end game in mind. We’re not getting rich to be free. We want to be free and then enjoy the benefits of being rich.
This is not something we have to wait for to arrive in the future. There’s no freedom in waiting.
Freedom starts now.
Your road to financial freedom can take a very, very short time… if you know what you’re doing. Just make sure you know the difference between being rich and being free.
Want to discover exactly how T. Harv Eker and others trained by him became financially free, and how you can become free, too?
Do you want to be rich, or do you want to be free? What about both? What’s your take? Leave a comment below… We want to hear from you!
For Your Freedom,