Is Financial Freedom Just a Dream?

[Suba]

Many people think financial freedom is just hype or a pipe dream, difficult to achieve. Financial freedom is a state of financial stability where a person no longer needs active income because their passive income is sufficient to cover all expenses. Furthermore, achieving financial freedom means having abundant wealth and assets.

Of course, it will be difficult and overwhelming if we immediately set our goal for the final level of financial freedom
(see also discussionbucks.com/threads/levels-of-financial-freedom-you-must-achieve-gradually.38531).
So, at the first level, we must first organize our financial situation to ensure stability and health. This also requires discipline and consistency. What do you think?

 

[Starmix]

Financial freedom is what most people are aiming for. But it is the fact that only a very few people can do this because of the financial crisis, which cannot sustain their daily needs. Only those with high salaries can avail this dream once they grow old or when they wanna retire early. And those who persevere from their struggles in their businesses, can also achieve financial freedom through the pension one gets during retirement if sufficient, can serve as financial independence.

 

[eLdavis]

To be honest, financial freedom does feel like a dream, but it is one I believe can be attained overtime.

 

[Suba]

Just as students in school have levels, so too in financial freedom, there are seven levels. While we will encounter many difficulties and obstacles to reach level seven, at least we can reach above level four. Therefore, we must not give up on raising our current level of financial freedom.

 

[Min George]

Financial freedom is very achievable. If y right mindset and right strategy take centre stage, one would achieve financial freedom easily.

 

[Stardom22]

Of course yes. Financial freedom would remain a dream to most people and more especially those people without a well defined job