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Declare Financial Freedom on Financial Independence Day

by Ryan Guina

We are fast approaching July 4th, the anniversary of America’s Declaration of Independence from the Kingdom of Great Britain in 1776. Though the war was not officially over until the Treaty of Paris was signed in September of 1783, we celebrate the July 4, 1776 as the birthday of our nation.

July 4th is a special day for many Americans. To me, the 4th of July represents not only the birth of our nation and the sacrifices that millions of military members and their families have made throughout our nation’s history, but it also represents the symbol of freedom and hope.

It is not a stretch to take this a step further and relate freedom and hope to financial independence. This year, I am declaring July 4th Financial Independence Day .

I challenge everyone to declare financial freedom

Financial independence has different meanings to everyone… it could be freedom from debt, no longer being a slave to your day job, earning more money, eliminating credit cards from your life, creating multiple streams of income, finding a new job, planning for retirement, or anything else that helps you achieve the life you want to live. Make Financial Independence Day your day to create a financial plan to take you through life and give your the freedoms and opportunities you desire.

Share your Declaration of Financial Independence

There are many inspiring financial stories out there and if you have already declared financial independence or would like to declare financial independence, I want to hear your story. This doesn’t mean you need to be 100% financially independent now. Like the Revolutionary War, or anything else worth fighting for, financial independence will take sacrifice and time. But until you declare war and make a concerted effort to change your ways, you will never be financially free.

How to Participate in Financial Independence Day

Participation is easy. If you have a blog, write your Declaration of Financial Independence and publish it.

If you don’t have a blog, you can write a statement and post it on your fridge, or wall, or bulletin board, or anywhere else where it will serve as a reminder.


Published or updated September 27, 2013.
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{ 5 comments… read them below or add one }

1 Million Dollar Journey

Thanks for the mention Ryan!

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2 Mrs. Micah

That sounds fun, Ryan! I’ll see if I can come up with something.

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3 plonkee

Funnily enough, we don’t celebrate it so much in the UK. And it took us until 1918 to have representation for our taxation.

Looking forward to the carnival.

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4 Mark

Financial independence to me is when my passive income is more than my expenses. That is a great idea isn’t it.

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5 Dave

For anyone who’s declaration of financial independence includes saving for retirement, it has become painfully clear that preparing to retire can be a real challenge. You can’t necessarily count on Social Security or a pension anymore so personal savings are crucial. One of the best ways to build retirement savings is through a workplace savings program, yet half of Americans have no access to these. That’s why AARP supports implementing automatic IRA plans in the workplace. Congressman Neal from Massachussetts has voiced his support for this plan and you can see more about his thoughts on AARP’s blog ShAARP Session.

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