Reflecting on our standing in life brings us to a point where we are forced to describe our goals. For self-made millionaires, they have written off the goal of financial freedom in their lives long before other people realized its importance.
However, while others are starting to catch up on the trend of wealth creation, financial freedom is just too abstract a concept without the right mental shift. Called the millionaire’s mindset, it involves a lot of different approaches to one’s lifestyle while learning financial strategies through searching for opportunities. By turning goals into reality and acting responsibly, financial freedom seems a much closer idea than before.
Yet, the philosophy of financial freedom is still too large a concept for people to grasp. One can ask what freedom really means. Then we can search the meaning of financial freedom for each one of us. While financial freedom can be measured through one’s monetary standing, people do not realize that the philosophy behind financial freedom relies on our attitude towards money. In order to achieve financial freedom, we must describe our priorities which include how we look at money.
Caring for Money
The first fundamental perspective of a millionaire’s mindset is thinking that people are interested and should be interested in money. Why not? Money is a vehicle to make your life work and to make our system go round and round. But then more people do not value money the right way. People who seem to be satisfied with the money that they have end up getting rung down in the bottom of the financial pyramid. For some, money represents your paycheck that pays your bills. These people often find an ethical standard since they don’t care for money.
However, ethics and interest and money should not be removed from each other. The reality is, money is a vehicle not only to make a living, but also to make a quality life. Learning to value money gives us a perspective that makes us responsible with our finances. Finding the balance of how much money means to you is important in seeking financial freedom.
Making Money Work for You
A millionaire’s mindset always assumes that money should always work for you and not the other way around. While hard work is important, people who stop thinking and continue pounding their routine end over and over again. Hard work and struggle begets more hard work and struggle. Being a slave for money can just be the same problem for greedy people and hardworking people. The critical key however is to find ways to rise over it and make money work for you. Learning to empower yourself with the resources that you have will give you more room to help yourself and inspire others.
The Love of Money is the Root of all Evil
This is a saying that has stood for thousand of years. Until today it stands true. Yet what is more important to believe that financial freedom is NOT love for money. Why? Freedom over money is about seeing money as a tool and a means to and end. Meanwhile, love for money is seeing money as the end. Thus, love for money continues to put you under the spell of getting more money that you become a slave for it. Remember that we cannot eat money. Being a slave for money is far from the concept financial freedom.
For many, money is tangible. We all see it, we all have it, and we all see it go away. For the simple minded, money is a medium to buy what we want making it an integral tool for trading in a wealthy economy. However, a millionaire’s perspective looks at money rather differently. By putting the idea of money in our priorities and in the right balance, one can be effective in setting up financial strategies to achieve financial freedom.