This is an extract from my book, The Poor Man’s Guide to Financial Freedom: A Realistic, 10-Step Manual to Building Liberating Wealth on a Low to Medium Income.
This book is a detailed, step-by-step instruction manual for achieving financial freedom. But what is that, exactly? To better understand the concept, consider the following questions:
Could you quit your job if you wanted to?
That is, could you resign tomorrow, knowing you would be financially secure for long enough to easily find another position? Say, for a whole year? If the answer is ‘no’, are you not a slave? While you may presently enjoy your work, if things took a turn for the worse you would have to continue working there for much longer than you’d like, or quit without another job lined up, which would be a huge risk.
If you played it safe and stayed on, you would have to tolerate any degree of injustice, bullying or plain stupidity, and you would have to put up with it all while keeping that pleasant, non-confrontational and submissive smile on your face.
If someone else took the credit for your hard work and initiative, or if you copped the blame for someone else’s failure, or if the new boss turned out to be a psychopath, or if a customer berated you over an issue you have no authority to fix, or if the mean girls were spreading absurd rumors about you, or if your pay was late or incomplete, you would be unable to print out and sign a resignation letter, collect your things in a box, get that cute reception girl’s number and stride out the door with a smirk on your face, calm as a Brahman cow.
If you can quit any time you like without risk, you are free.
This book will show you how to Read More