People often talk about achieving financial freedom. But what does that mean exactly?
For starters, it means not having to punch the clock anymore. You get up and do what YOU want, not what your boss wants. This concept is pretty easily grasped by people.
But it doesn’t stop there. What does it mean when you don’t have to report to your boss? When you no longer have to punch the clock? It can extend much further than financial needs.
Have you ever seen certain Hollywood celebrities that are all too happy to share their opinions on things? Some you might agree with; others you might fervently disagree with. What do you think has empowered them to so strongly voice their opinions on twitter, facebook, etc.?
These celebrities probably had a wildly successful TV series or a few movies, and now have a combination of payment from its initial release or residual payments, that they essentially report to no one. When you don’t have to show up at anyone’s office, then there is no danger of your boss chewing you out for “making us look bad”. You can say what you want, and it doesn’t change the fact that you still have plenty of money in the bank.
Ever notice that people that were able to retire comfortably seem to have the same power? Well there you go.
Your goal in building retirement wealth is to able to get up each day and do what YOU want to do. Now I would never say that’s license to be rude or condescending. I certainly hope I don’t get that way. But not having to ever, ever, EVER worry about embarrassing my co-workers, my boss, or anyone else is a nice little freedom to have courtesy of financial freedom.