Hope jsangl on 31 Jul 2007 01:00 am
You know you have financial freedom when …
You know you have financial freedom when …
- You forget when payday is.
- The car engine blows up, and you just go pay cash for another one.
- You are not afraid to tell your manager that he/she is wrong and that there is a better way. (I have seen many people who are afraid to tell their manager this for fear of retribution or loss of their job. That's too bad … I believe that most managers would love to have their employees tell them when they are wrong!)
- You lose your income and your savings allows you to live for months without incurring any debt.
- You lose the fear of negotiating a better deal. (Seriously, if it costs more than $100, it is worth negotiating - including with services like doctors, dentists, chiropractors, massage therapists, house cleaning, cable, etc.
- Bill paying time takes a total of 30 minutes a month.
- You can go take the job you were put on earth to do … regardless of the income potential!
- You have enough.
What are some others?
Finish the sentence … "You know you have financial freedom when …"
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on 31 Jul 2007 at 8:38 am 1.Moneymonk said …
….when you can go on a vacation without it following you to the mailbox. (i.e. credit card bill)
Cash as (Dave Ramsey said), it give you options and margins. You know have wiggle room. A problem is really just an inconvience.
When you do not have cash, a little problem can be a major issue.
on 31 Jul 2007 at 9:12 am 2.jsangl said …
Sangl Says …
I LOVE paid-for vacation!
on 31 Jul 2007 at 10:15 am 3.Jon Smock said …
…you can tell your wife, “No, you don’t have take that job. Stay at home with the kids.”
on 31 Jul 2007 at 11:24 am 4.Joseph Sangl said …
Sangl Says …
Jon - That is an awesome one!
on 31 Jul 2007 at 4:48 pm 5.Julie said …
You look at your neighbors brand new car and instead of being jealous you think “I’m glad I don’t have THAT payment!”
on 01 Aug 2007 at 8:16 am 6.Lori Schmucker said …
…your property taxes come due and they went up significantly and you have the cash on hand to pay for it.
on 01 Aug 2007 at 8:40 pm 7.ispf said …
… when a friend has an emergency and you can step up to provide financially without putting your own family’s finances at risk.
on 04 Aug 2007 at 6:41 pm 8.renee said …
when you read this blog and realize, “This IS my life!!!” Thank you God, Dave Ramsey & Joe Sangl!
on 05 Aug 2007 at 6:55 pm 9.josh said …
When your wife comes up to you and says “I want to go back and get my masters” and you can say sure and know you can write a check for the tuition!