Welcome to Simple Financial Freedom. This site was created to help individuals from every situation be able to implement a sound financial strategy that has the potential to lead toward real financial freedom. Whether you're in tens of thousands of debt, or you already have a massive investment portfolio, this site has resources and insight that is valuable to you. If you're new to the site, consider starting with the 10 Steps To Financial Freedom or check out some of the How To's in the left hand column of this page.
What Is Financial Freedom?
Since we're pursuing financial freedom, it is important to discuss exactly what it is. I define financial freedom as the ability to enjoy a desired lifestyle for an indefinite time period without having to work a "regular" job. You could identify it with the following characteristics:
- Not being tied to a "9-5 job"
- Enjoy flexibility and a day-to-day lifestyle of your choosing
- Multiple income streams that fund your lifestyle
- Financial security
- Smart investing with significant investment income
- Financial independence
Find out how an IVA could clear your debts at the IVA Advisory Centre. Or consider a debt recovery program.
Pursuing Freedom
Freedom comes in many forms. Financial freedom allows you the following:
- Freedom from the bondage of debt - read how to get out of debt
- Freedom from a restraining 9-5 lifestyle - Learn how to earn money from home
- Freedom from stress with living paycheck to paycheck - learn how to create a second income stream
- Freedom from market volatility - check out the financial survival guide
Financial freedom is all about finding a quality balance in your financial life between your income, your investments, your lifestyle and your pursuits. Financial freedom can come in a wide range of forms from the extremely frugal to the very wealthy. The key is the balance - none more important than the balance of spending versus income.
Here at this website, we will discuss at length strategies to boost your income, minimize your spending while keeping your lifestyle at a high standard of living, finding the best investments for your money to where you can maximize return and minimize risk, and finding additional income opportunities for you to boost and diversify your income. I hope you will take the time to walk through much of the content on this site as it could change your financial life for good!
Free To Dream
When it comes to your finances, too many people are enslaved by the bondage of their financial situation. For the most part, this looks like insane debt levels. We need to flip this situation on its head and turn our financial situations into opportunity breeding entities rather than enslaving entities. We need to have a financial situation that enables us to dream about a better life rather than stressing us out and makes us focus on what we can't do.
So, what do you dream of in your life and your family's life? Do you want a different way to live? Do you want independence? Do you want to rely more on yourself rather than the government or an employer? There are real, tangible steps that you can take in order to get here. To get started, check out the Ten Steps To Financial Freedom. It's a great place to start. And, oh yeah, don't forget to start dreaming again!
Recent Blog Entries
While the price of gold continues to stay above $1200/oz. stocks are looking increasingly susceptible to economic data and volatility. Gold which in the past has typically been volatile along with stocks (and still is to some extent) is looking to be holding up more consistently. This is most likely due to gold increasingly being [...]
More on this topic
(What's this?)
Profiting from the Next Gold Rally
(Expected Returns, 8/30/10)
What Will Happen to Gold When the Stock Market Crashes Again?
(Blogging the Commodity Bull Market, 8/30/10)
“One Canadian Mine is Giving Away Gold … The best junior mining company in the history of jun...
(Stock Gumshoe, 8/25/10)
Kyle Bass is the renowned hedge fund manager that nailed the housing bust and made billions as a result. Bass is making waves again as he predicts serious economic troubles on a global scale in the following videos.
My only objection here is that I don’t see Japan and the U.S. defaulting when they can just [...]
The stock market is a scary entity these days. Unfortunately, the combination of ugly economic data, rumored market manipulation and Federal Reserve activity has created a market that seems more like a powder keg than a normal-functioning market of buyers and sellers. With tons of Americans having their net worths tied up in the stock [...]
As many of you know, I’m a big fan of precious metals in the physical form – not paper gold or financial instruments that mimic the price of gold – all of these instruments can be manipulated. Physical gold is very tough to manipulate (even thought it is manipulated over the short term by various [...]
More on this topic
(What's this?)
“Gold Sands … the discovery of a lifetime?”
(Stock Gumshoe, 7/9/10)
Why The Gold Bears are Wrong
(Wealth Daily, 8/9/10)
What Will Happen to Gold When the Stock Market Crashes Again?
(Blogging the Commodity Bull Market, 8/30/10)
Investing in precious metals is one of the most hotly debated topics in the financial world. While everyone has an opinion, it’s important to get to the facts. Here are five aspects of investing in gold and precious metals that you should remind yourself of today:
Gold has never been worth zero
Gold is not somebody else’s [...]
