Comments on: Defining Financial Freedom

By: What will your children inherit? 10 questions to ask yourself - Smart Spending

What will your children inherit? 10 questions to ask yourself - Smart Spending — Mon, 21 Jul 2008 12:16:51 +0000

[...] that we’re falling behind more and more, with no end in sight. It does make me question whether financial freedom is a goal that’s [...]

By: Aaron Stroud

Aaron Stroud — Tue, 08 Jul 2008 15:52:01 +0000

Dividend Growth Investor, great point. You hit on the point I was hoping to make. I think one of the traps for high income earners is wanting too much stuff. Sure they can afford it and they probably enjoy it, but it might interfer with enjoying the simpler things in life.

By: Ryan

Ryan — Thu, 03 Jul 2008 14:18:59 +0000

Does financial freedom exist? Yes. At which point depends on the individual. Some people work to accumulate. I want to work to live.

By: Dividend Growth Investor

Dividend Growth Investor — Thu, 03 Jul 2008 14:09:46 +0000

I sometimes wonder if financial freedom really trully exists. I have read numerous articles showing that the richest %-age of the US population works significantly more than 40hour weeks. This leaves them very little time to “spend” their money. On one hand these people, who are working hard to become financially free, have actually become slaves to their goal to become financially free through hard work..
But on the other hand, if these people really enjoy what they are doing. Then these 40+ hour weeks do sound like vacation to them.

I am 90% away from financial freedom right now ( unless I figure out a way to spend 90% less, i am not fin free )

By: Million Dollar Journey

Million Dollar Journey — Wed, 02 Jul 2008 17:43:17 +0000

Thanks for another mention Ryan.

Great article and description on what being financially free means to you. I agree with you 100%, financial freedom is when you don’t rely on a job to pay the bills.