Two Types of Financial Freedom

There are two types of financial freedom.

Firstly, there is having enough money or passive income (pensions, royalties, dividends,) to not need to work.

But then there is the financial freedom that comes from knowing that you can work, whenever you want, for as long as you want, to meet your needs at this moment. It isn’t the same as having a job.

Typically the first requires years of effort, careful stewardship and ongoing maintenance.

The second works best if you travel light, and it’s available immediately.

Both can be rewarding.

But be careful trying to do both at once.

 

This entry was posted in Financial Freedom, Money, Pensions and tagged , by Andy Jervis. Bookmark the permalink.

About Andy Jervis

Welcome to my blog site. I've spent 30 years building a business - Chesterton House Group - designed to help people to achieve financial freedom, so that's my main interest and the core focus of my writings. True financial freedom isn't just about having enough money to do the things you want, it's about having a great relationship with money so that you can live in balance and get the most out of life. The best advice I ever had was to 'live each day as though it were your last, but plan as though you'll live forever.' I hope you enjoy the blog. Andy

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