It’s no secret we live in a fast-food, quick-results, instant-gratification culture. We want it all immediately, and we expect our finances to keep up (or catch up). But the truth is, the way we are living, they’re more likely to pack up.
Slowly, the debts and the interest build, the personal loan becomes a burden, the mortgage payment is a looming mountain, the bills keep coming, and all it takes is a minor medical emergency, a broken-down car or a slight cut in work hours to topple the whole house of (credit) cards.
Financial freedom. Is it a myth? If it is real, what does it look like? Is it even possible in this day and age, especially for younger people?
We have good news. Yes, it is possible – and realistic – and it looks like this: living debt free, having your independence, not needing to rely on the government or your family when you retire, being able to choose where you spend 100% of the money you earn (well, after tax, that is – we all have to give to Caesar what is Caesar’s), the ability to be generous, finding that elusive “peace of mind”, financing your dreams and hobbies, providing a financial legacy to the future generations . . .
Are you hooked? Of course you are!
That’s why "Get Rich Quick" and "Retire Before 30" type books sell in their millions. We all want financial freedom and we want it now!
The reality is though, there is no magic pill or mystical money tree that is going to solve all your money problems and give you overnight riches. The road to Lifetime Wealth involves a walk that is difficult at times. Things like budgeting, waiting, delayed gratification, work, sacrifice and discipline. But along this road also comes unity, mutual support, more than enough, generosity, buying from savings and not through debt, increase, sustainability, an inheritance not just for your children but your children’s children and Lifetime Wealth.
It’s about abandoning the appearance of wealth (everything looking good on the outside), which is funded through consumer debt and living beyond our means, and embracing the less comfortable and initially less attractive (because it involves discipline and hard work) but so-much-better-for-you and truly satisfying road to Lifetime Wealth.
Its yours for the taking if you are prepared to walk The Legacy Road.