Popular quotes about financial freedom are epic financial ideas put in a nutshell or in a few words. These quotes about financial freedom help to motivate, inspire and encourage one on their financial pursuits.
Top 10 Quotes About Financial Freedom
In life, one main goal we all have is that we want to be financially independent. We want to be able to afford different things and experiences in our lifetime without struggling.
To achieve financial success, there are steps that one should be willing to pursue. The 3 key steps to financial freedom include:
- Creating a budget or a plan
- Controlling your expenditure
- Sticking to your plan
A mortgage or rent is nearly always your highest living expense. Imagine if you can live mortgage free? That can mean true financial freedom. Here are some of the favorite ways to live mortgage free. Use these motivational quotes to help you achieve financial independence.
What does financial freedom truly mean?
Accumulating wealth is a key component for achieving financial freedom. We have accumulated wealth for a number of years but are nowhere close to where we need to be. Accumulated wealth means your tangible, liquid net worth.
Net worth is your assets minus your liabilities. Accumulated wealth definition indicates a moment in which you are completely free from you daily, weekly and monthly expenses. One has accumulated enough wealth to live completely free and never work again.
Accumulated wealth takes patience and commitment, but it is not hard to obtain financial freedom.
Here is a study that we conducted on what accumulated wealth truly means.
Personal Capital has future value planning tools that tracks your current retirement savings. I’ve been using this to track my progress towards financial freedom.
This is a free tool that enables you to build wealth effectively and monitor your accumulated wealth over time. It is very easy to link all of your accounts and is highly secure.
I usually gut check my 401k with Blooom. If you haven’t tried Bloom, check out our Blooom review for more information.
These 3 major keys to financial freedom help unlock your financial potential and thrust you towards attaining prosperity. To accumulate wealth, you need to have proper financial planning in place, make the right financial choices and take the right financial actions.
Another unmatched aspect is to emulate those that have achieved great financial success. We have a list of financial wisdom quotes from people who have achieved great financial triumph.
Here are the top 10 quotes about financial freedom
These quotes about financial freedom are sure to inspire you to hit your personal finance goals and achieve financial freedom. These are our favorite quotes about financial independence.
“There are no secrets to success. It is the result of preparation, hard work and learning from failure” –Colin Powell.
This financial freedom quote is a deep paradox and highlights 3 important aspects of the journey of creating a fortune. In any life endeavor, the first step towards achieving a great outcome is having a plan of action.
Preparing a detailed proposal for doing or achieving something is paramount in every financial pursuit. It gives a clear guideline on what to pursue and how it will be achieved.
To become financially secure, you need to create a plan for different ways to generate income, set feasible goals and objectives and work hard to achieve them.
Another key to success is no doubt learning from failure. Failure is a great teacher and gives us invaluable lessons. Documenting your failure can help you to avoid a repeat of the same in the future.
See Related: Best Retirement Quotes of All-Time
“Too many people spend the money they earned to buy things they don’t want, to impress people that they don’t like” -Will Rogers.
To achieve financial freedom, always endeavor to have a plan in place to guide you on how to spend your money. One excellent key to financial independence is that one should a budget.
A budget helps to plan your expenditure and keeps you on the check to avoid surplus the buying. If you buy stuff just because you want to impress someone, then you will be doing yourself a great disservice. Stick to your budget if you want to achieve financial autonomy.
If you transfer money from your checking, here is how routing numbers work. It’s a pretty interesting process.
“To get rich you have to be making money while you’re asleep” -David Bailey.
Interesting, isn’t it? Passive income ideas help you to accumulate wealth when you are sleeping. There are dozens of passive income ideas that you can try.
Consider pursuing as many opportunities as possible to create numerous streams of income including different online jobs without investments.
This will help you to build a fortune. Alternatively, you can pick and choose from some of the best robo-advisors to have them invest for you. Here is a comparison of robo-advisors to consider.
“Working because you want to and not because you have to is financial freedom” -Tony Robbins.
Are you working to make money? Engage in things that you love and passionate about and money will follow you. You can only produce amazing results if you are involved in what you love and have a passion for.
Your key motivation should not just be money but something that gives you immense pleasure. Be good in what you do and your results will bring you money. This is one of my favorite quotes about financial independence.
“Beware of little expenses. A small leak will sink a great ship” -Benjamin Franklin.
If you save a few coins, they eventually become huge amounts of money. Small debts can ruin your financial position. Paying off your debts can help you to achieve financial freedom. The money you spend on paying your debt interest every month can accumulate to huge amounts.
Also, consider incorporating various saving tips and plans as that can help you amass huge amounts of money in the long-run. Use cashback apps to save money on routine expenses. These can save you a lot of money over time, which will help you invest faster.
“Financial freedom is mental, emotional and education process” -Robert Kiyosaki.
If you’re really determined to achieve financial freedom, arm yourself with financial education, shift your thoughts and energy around money and align yourself with the right circle of influence. Read all resources available to you to guide you on your financial journey.
Use tools like these 401K fee calculators to work smarter and not harder.
“If you really want to do something, you will find a way. If you don’t, you will find an excuse” -Jim Rohn.
Excuses are the greatest undoing in life. To make it financially, you need to drop excuses and rise up to the challenge. Tell yourself that you can and give it a shot.
A pursuit you’re really afraid to try may be the key to help you achieve your financial dreams.
“ If you want to be financially free, you need to become a different person than you are today and let go of whatever has held you back in the past” -Kim Kiyosaki.
Every new day is another chance to outdo your past. Do not allow your past mistakes to become hindrances to your financial success. What didn’t work out in the past may work for you today.
You are now well positioned to do it better because you have learned a lesson. Do what you have always wanted to do and purpose to stick to your goals until the end. You can definitely become a different person if you use geoarbitrage for financial freedom.
“Never depend on a single income. Make an investment to create a second source” -Warren Buffet.
Multiple sources of income help to hedge you against the financial risk that comes from relying on one source of income. Consider creating at least more than two sources of income to generate extra cash flow.
This can be achieved by an active, passive or portfolio income stream. This is a strategy that can help you build massive wealth and attain financial freedom.
This is why I love using freelance websites because I can work from anywhere in the world and I can meet people globally.
“Making money is a happiness. And that’s a great incentive. Making other people happy is a super happiness” -Muhammed Yunus.
The secret to happiness is not just accumulating money but also creating unforgettable experiences. Making others smile gives us more joy than any possessions can give. Money brings financial freedom but experiences add happiness and value to one’s life. Build your wealth through a minimalist lifestyle.
If you like the above quotes, you should review our financial planning quotes to stay motivated in your personal financial planning. Financial planning is a key component to your financial freedom goals.
Quotes about financial freedom can help you achieve your goals
Wherever you’re in your journey towards financial freedom, I hope that those quotes will give you motivation and inspire you along the way. Becoming financially independent is a long winding journey that doesn’t happen instantly.
If you are having a bad day, just read these quotes to remind you that financial freedom is not going to happen overnight. Here are some other wealth creation tips to consider as you seek out financial freedom.
It will do wonders for your journey to financial independence. Quotes are inspirational. Don’t take them for granted. I like writing these down on a piece of paper to ensure that I have continued inspiration to achieve my goals.
Why not pin a few of these up next to your computer or desk? A daily reminder about what it takes to achieve financial independence goes a long way. This can motivate you to live off dividends or find online income ideas.
You have to track your personal financial statement and understand key personal financial ratios over time if you’d like to understand your accumulated wealth position.
What are your favorite quotes about financial freedom? Let us know in the comments below. We’d love to hear from you!
- Income Opportunities to Achieve Financial Freedom
- Things to Do When You Need Money Now
- Our guide on how to invest money for financial freedom
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