You don’t have to be rich to be financially free. There are plenty of people who are wealthy by middle class standards but not free. Likewise, there are people who are poor by the same standards, but they go after what they want in life with a freedom that is easy to admire.
Rich is a moving target so being financially free means different things for different people. In this episode of Campaigns that Convert we look at nuances of financial freedom and deliver a framework to help create a life that funds your mission… in other words, a life that is financially free.
The episode dives into three key areas:
1. The Three Levels of Wealth
2. Defining Personal Freedom
3. Choosing Where to Live Mentally
We start by examining Stuart Butterfield’s three levels of wealth:
- Not being stressed about debt
- Not being stressed about restaurant prices
- Not being stressed about vacation costs
These levels provide a framework for understanding financial progress and freedom.
The podcast then shifts to defining personal freedom beyond finances. Three key aspects are highlighted:
- Looking forward to work every day
- Connecting with your spouse regularly
- Seeing your children daily
These elements form the foundation of a fulfilling life, regardless of financial status.
Lastly, we explore the mental aspect of freedom, discussing three places one can choose to live mentally:
- The past (living with regret)
- The future (living with discontent)
- The present (living with intent)
The episode emphasizes the importance of learning from the past, dreaming about the future, but ultimately living in the present moment.
You know you’re more wealthy than the rest of the world, but you also feel like you’re constantly struggling with the money you do have — this discussion provides an alternative framework for achieving financially freedom — even if you’re not or never will be rich.