Freedom always comes at a cost.
That’s why it’s essential to know what you’re willing to exchange for freedom or, in other words, what price you’re ready to pay for it.
In The Psychology of Money by Morgan Housel, the concept of freedom is discussed in the context of personal finance.
One of the quotes reads, “Freedom is one of the most valuable forms of wealth.”
True wealth doesn’t just give you purchasing power; it offers the freedom to control your time.
Financial independence allows you to make decisions based on what you value most, rather than your necessities.
For example, you might follow your passion for eight hours a day and work for four hours.
However, freedom should also bring you peace of mind. If you’re financially independent, fulfilling all your needs, and pursuing what you love, but you constantly compare yourself to others and are never satisfied, it’s not worth it.
You must be free from your own greed, and the need for validation, relevance, and applause.
– The freedom that makes you proud of your choices is invaluable.
Freedom should also allow you to make more mistakes and have fewer regrets.
It’s the freedom that lets you take risks while ensuring safety nets are in place.
Gaining freedom is one thing, but achieving it and living it with utmost responsibility is another.
