Career Freedom Equals Financial Freedom

If you have been doing any serious career exploration, you likely of common across articles on financial freedom. Most financial experts define the financial freedom as the accumulation of liquid assets that produce income sufficient to pay all your bills. As a simple example, someone with $50,000 of annual costs would require a return on investment that produced the same amount after taxes. To make the math simple, I’ll remove the tax analysis. If you have $1 million in assets that produce a 5% annual return, you will have your $50,000.  More importantly, you’ll have your “freedom”.

But, why do you want financial freedom? When you examine the reasons, if you are like most people, it is because you want the freedom from your work. What does that really mean? It means that you get to choose what you want to do each day in order to derive happiness and satisfaction.

The radical shortcut to such freedom: being in a career that you like. Going to work in a job that you like, gives you the same day to to day freedom as those with financial freedom.

Use 2015 to gain your career/financial freedom.