We live in uncertain times. The deluge of depressing news only reminds us of the many things that are out of our control. Amidst so much uncertainty, it may seem strange to ask, “How can I achieve financial freedom?” We can’t even guess what’s going to happen in the next week, so how could we possibly predict 30 or 40 years from now when many of us will retire?
In reality, your financial future is as much within your grasp now as it always has been. The first step toward achieving financial freedom is accepting what you can control instead of worrying too much about what you can’t—although worry is perfectly normal during a time like this. Set aside pressing concerns about the pandemic for a moment, though, and consider the many factors that always seem to threaten your financial freedom. Taxes, the markets, interest rates—there are plenty, and you have very little control over most of them. It’s easy to spin your wheels worrying about these unknowns, but it doesn’t get you anywhere.
What you can control is your plan for the future, your habits and the steps you will take to achieve financial freedom. These are the things that should hold your attention rather than the fluctuating circumstances of your life.Recognize the ObstaclesWhile the COVID-19 pandemic represents a unique challenge, the truth is that there are always obstacles in our way and excuses at the ready. There are many ways to achieve financial freedom, but they all start with recognizing and responding to the things that tempt us to throw in the towel.
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