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The need for financial independence

The need for financial independence

When it comes to financial independence, people often talk about increased salary or how much they need for a comfortable retirement. 

It’s good to have goals for your savings, income and retirement fund, but it’s unhelpful when we don’t consider why we’re working towards financial independence in the first place.

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Lifestyle is more important than income

Most people want to earn more and achieve financial independence so that they can stop chasing after money forever. 

However, everyone knows that it's better to live below your means. You can always find ways to enjoy life without living from paycheck to paycheck.

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Financial independence doesn’t need to be Instagrammable

Too many blogs that promote financial independence focus excessively on luxury items. However, it's a serious risk when you get addicted to consumerism. It leads to a cycle of earning more and spending more.

Many people earn millions, spend millions and still feel they're broke. But, whethe...

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More money doesn’t always mean financial independence

More money doesn’t always mean financial independence

More money doesn't mean you're financially free. Worse, when we earn more, we often have more problems. 

Chasing after money means sacrificing other things, such as your time, friends and energy, so you may barely enjoy life. 

Adopting a long-term mindset to building wealth means you ...

9

72 reads

When it comes to financial independence, people often talk about increased salary or how much they need for a comfortable retirement. 

It’s good to have goals for your savings, income and retirement fund, but it’s unhelpful when we don’t consider why we’re working towards financial independ...

8

89 reads

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Prepare For The Next Disaster: Plan financial security for employees

It’s much easier for employees to weather emergency pay cuts if you’ve set them up to be financially stable. Small-business owners need to prepare thorough financial well-being programs.

If you don’t have a plan in place that helps take care of your employees and their fin...

Other Tips From Jordan Peterson For a Better Life

  • Consider that any hierarchy creates winners and losers. The winners are more likely to justify the hierarchy and the losers to criticize it.
  • Understand that hierarchy is inescapable. The pursuit of goals lends life meaning and the collective pursuit of goals produces hi...

Types of people

Types of people

Category 1: Losers

People who always see negative in everything and put in the least amount of effort or no effort at all. They are least bothered about what is happening around them. They will only crib and complain about how the world is. They will say someth...

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