Why are so many people NOT financially free?
Is it only because of debt?
Does it only apply to those living beyond their means?
Are there others who have, by most people’s standards, a good amount of money that are still in financial bondage?
Is being out of the financial “rat race” REALLY financial freedom like many are claiming? (Click Here for more on this topic)
Can any amount of money make anyone TRULY free?
Financial freedom is a state of being, NOT a state of your wallet or purse! It’s a choice, not a circumstance! Do you know someone (like your grandparents, parents, friends, etc) that had/has plenty of money and no “debt,” but never wants to spend it and complains about having no money? I have met many of these people who worry more about money than many who survive month to month. I know people who would be Dave Ramsey’s poster children, but have a hard time driving 20 miles because gas prices are more than $1 per gallon!!!
Financial pundits, like Dave Ramsey, have added value to those that are uncontrollable spenders. What about those of us who are not? Can paying off a mortgage and calling into his radio show screaming “We are debt free!” while Dave plays Mel Gibson’s voice screaming “Freeeeeedommmm!” really make me free??? Please! If that’s the case, I’ll sell off my home, rent, pay off my credit cards and auto loan, and then play my Braveheart soundtrack so I can feel warm and fuzzy inside!
The only “tyrant” that threatens our freedom is our own mind, not debt or the seeming lack of money. It’s relative to our perspective. Although financial conditions can affect us, we still choose how we act in that moment. Wise stewardship of our resources will help create conditions towards financial freedom, but ultimately, our perspective determines whether we are broke or free.
To hear more, listen to our podcast on this subject. To hear strategies to pay off debt safer, and potentially faster, than Dave Ramsey recommends, listen to Pay Off Debt Better Than Dave Ramsey.
Tags: Cash Flow, dave ramsey, Debt, Financial Freedom, Loans, Mortgage, Retirement
