What does financial freedom look like to you?
When I envision financial freedom, I imagine being debt-free, having a well-funded emergency savings account, consistently funding our retirement savings, and being able to write a generous contribution to a non-profit. It also means a leaking roof won’t send us spiraling and an open weekend on the calendar turns into a road trip to the beach. It also means that retirement will be spent traveling, volunteering and exploring a new career. This is what financial freedom looks like to me. And I see it in our future…eventually.
Your idea of financial freedom probably looks different and that’s okay. We all have different circumstances. You might be a family of 4 with small children or maybe you are an empty-nest couple contemplating retirement in the next few years. Maybe you are single and climbing the corporate ladder or you are a double income, no kids couple debating your future family.
Whatever your circumstances, would you like to achieve financial freedom? The road to financial freedom might not be smooth. It could be downright bumpy or blazed with boulders as obstacles. We might have to get out of our comfort zone, and learn a whole new language of financial jargon.
In this new series, I want to explore the following topics that families and individuals face as they plan their financial future:
- Financial literacy
- Financial Organization
- What does financial freedom look like to you? Creating a plan for your future.
- Budget Planning/Spending Plan
- Emergency funds
- Replacement funds
- Debt reduction strategies
- Cash flow
- Retirement planning
- Estate planning
- College savings planning
- Fun Funds
Every path to financial freedom will be different and at the end of each post in the series I will give you some insight into our path pertaining to the post topic.
Disclaimer: I am NOT a professional financial planner. I am on the same path to financial freedom that you are on, although my circumstances will be different. I want to open up the line of communication to inspire you, learn from you and brainstorm with you, so hopefully we will all become financially FREE.
There is no set schedule for this series, but my goal is to have one post pertaining to this series every other week. I hope you will follow along.