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Net Worth Network

Archive: Basics

Financial “freedom” is the goal

When I envision what being wealthy looks like, I see myself being able to be free of the decisions that stress most of us. As I grow older those sources of stress have changed somewhat. No longer do I have to decide about which bill I have to shortchange to ensure that they all receive some sort of payment, nor do I worry about how to pay for gas when I spent my money on the gotta have toys. Now I wonder about whether it is better to spend my money on family vacations or should I make lump sum payments on the mortgage. The decisions are no less stressful but as I strive for balance in my life I find it interesting to think that what I’m really striving for is the freedom to make the decision making process less painful.

Real estate and investment portfolios are the vehicles that I hope will get me to this financial shangri-la. Along the way, as those tough financial choices are in front of me I will be holding onto the thought that life one day will be more about what I want to do than what I have to do. When that time comes, I know that there will still be difficult choices in life but they shouldn’t be concerning my ability to stay on top of bills or savings.

The freedom that I crave I am modeling after those who I know that can choose to work that day or month and not have to worry about meeting their financial needs. All of the luxuries that come with being wealthy are just that - a luxury. The real goal that I’m striving towards is to have the choices in life that follow my heart as much as my head. As I follow my plan towards this goal I will update the blog on how the decision making process is evolving for me.