Commitment to Financial Freedom
At long last, my new book, Operation Financial Freedom, has been released by McGraw-Hill. During a recent interview, I was asked about my personal definition of "financial freedom." I believe money is a tool and financial freedom is the ability to do the things you desire -- doing the things you want to do with your family and enjoying the material things that money can buy. Money is simply a value you receive for doing things for others. And I found that the best method of creating the most value for the most people is doing something you love.
Personal direction comes easy for some people, while it's a bit more difficult for others. My advice for anyone seeking a course of direction is to simply do some extreme "soul searching" to determine what you really enjoy. Then, decided on how you can best create value for others. Finally, totally and zealously commit yourself to building your personal financial freedom. If you decide to fully take the time and put forth the effort, you will improve the likelihood of reaching your ultimate goals.
For example, a building contractor must complete a number of tangible actions while in the process of conducting business. They must sign contracts to establish a delivery date; they release pubic announcements addressing their intent to produce a specific product. Basically, they obligate themselves to successfully complete a desired plan. You must do the same thing when it comes to the development of your financial well-being. You must determine your objectives and decide which path to take that will generate a method of establishing value that will insure your financial freedom. Obligate yourself to follow the plan. Sounds easy but it takes discipline and self control.
Extraordinary people develop significance by dealing with personal goals that they have intentionally conceived for themselves. These same vital people have a tendency to bring their plans to a successful conclusion because they have mapped out a strategy that help them find their ultimate happy ending. It's important to dedicate yourself to a commitment to personal excellence; a pledge to yourself to do the very best you can to reach your full potential.
This is all a part of finding and developing your personal financial freedom. For many of us, retirement means dealing with a lifetime of doing what we don't like doing only to reach an empty and irrelevant existence. It is said that more than 70 percent of us hate to go to work in the morning. Decide today to commit yourself to use your talents to accomplish the things you love in this life. Fill each day with meaningful and enjoyable activities. This type of constructive attitude will guide your path while you work toward your personal financial freedom.
Originally published in James Dicks: Buy*Sell*Hold magazine.