What is True Financial Freedom?
My rich dad used to say, “You can never have true freedom without financial freedom….” – Rich Dad Poor Dad 2 – Cashflow Quadrants by Robert Kiyosaki
The term “Financial Freedom” has been popular and widely used and talk about a lot in the last 15 years as it is known today. More and more young generations nowadays are beginning to use this word immediately, and even on the quest for it before they finish their schools to come out to work.
In 1997, after the book “Rich Dad Poor Dad” written by Robert Kiyosaki was released, the term “Financial Freedom” which was defined in the author’s books was becoming more and more widely used.
In his book, financial freedom is about people who derived passive income mainly from property. This passive income would be split into and/or:
- Real estate
To own any of the above for you, sounds difficult. In fact, it is not as easy as you think. It is beyond reach for most people. But the fact of it is that, the steps towards financial freedom is simple and easy when you take your time to read this page and take actions.
“Financial Freedom” consists of three elements in its meaning:
- Income (defined as Passive Income),
– Time, and
– Freedom to choose what you want to do.
Life without Limitations!
Most people think that the journey to financial freedom and understanding all about it is a waste of time. Since you are reading this page, please do not ever try to stop thinking that it is an impossible task. Then what are you here for?
To help you to see and understand the term financial freedom better, we will have a detailed explaination as I have been travelling on this route for more than 10 years, lets go!