Breathing Room Level in Financial Freedom

[Suba]

Breathing room is the third level of financial freedom, where someone is able to set aside a portion of their income (not measured by income) for savings, emergency fund investments, and even retirement planning. At this stage, someone who has reached breathing room rarely gets into personal debt because their income will always exceed their expenses, so at this stage, someone has begun to prepare for their future.

There are many obstacles at the breathing room level, such as the desire to appear more dignified or achieve greater prestige, which, if uncontrolled, can lead to increased spending.

 

[gwolf666]

El margen de maniobra en la libertad financiera es cuando una persona puede ahorrar e invertir parte de sus ingresos porque estos superan sus gastos, evitando al mismo tiempo endeudarse. Sin embargo, el deseo de aparentar mayor estatus puede dificultar mantener un buen control del gasto en esta etapa.

 

[Augusta]

Yes people always want to feel more acceptable and dignified and this used to lead to more spending

 

[Fire&Rain]

I’d say the breathing room level is where financial habits matter most. You’ve got enough income to save and invest, but also enough to make mistakes if you’re not careful. If someone keeps their focus on building stability, like retirement funds and an emergency account, this stage can push them toward long-term independence instead of slipping back into debt.

 

[kit_hung]

I’d say the breathing room level is where financial habits matter most. You’ve got enough income to save and invest, but also enough to make mistakes if you’re not careful. If someone keeps their focus on building stability, like retirement funds and an emergency account, this stage can push them toward long-term independence instead of slipping back into debt.

This breathing room level is like Indian tea. If you add the right masala, the taste becomes sweet and fresh. If you have enough income, you can save and invest. But you can also slip if you lack focus. If you set up a retirement fund and an emergency account, you build a solid foundation. It is like curry with the right ingredients. It stays good. If you are careless, you can go back to debt. It is like the Japanese idiom, ame futatsu no kao. Rain has two faces. It can bring blessings or sorrow. If you are disciplined, you will have the strength of a samurai.

 

[Trush Jodie]

I am still a long way to reach the breathing room level in my finances. I hope to achieve that by the next seven years.

 

[King Belieal]

I believe that every person that clocks 40 years old should have achieved breathing room level in their finances. Or has gotten quite close to that level.