This is why you need to focus on buying your freedom instead of stuff!
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Chapters
00:00 Start Here
01:48 You’re No Longer Living In The Past
03:07 You’re No Longer Scared of The Future
04:29 Your Financial Life Is Less Cluttered
05:46 Your Physical Life Is Less Cluttered
07:20 You Have More Control Over Your Time
08:29 You Can Take More Risks (that will probably work out)
10:50 You Can Afford The Life You Want
Money can buy you stuff and freedom. If you have tons of money, fortunately, you can afford to buy and enjoy both; however, if you are an average person with a modest amount of money, you can only afford to buy one--stuff or freedom. Most people choose to use their money to buy them stuff thinking that it will lead them to a life of happiness and abundance; however, it often leads them to a life of hardship and scarcity. The path to a happy, abundant life is choosing to use your money to buy freedom. Buying freedom comes with many benefits and in this video, I talk about 7 of those benefits.
1. You’re No Longer Living In The Past
When people choose to buy stuff instead of freedom, they end up making many bad financial decisions in the past like taking on debt, getting behind on bills, and not planning for the future that their present day self has to focus on. This forces them to live a life of regret focusing on the past. When you prioritize buying your freedom instead of stuff, you're not making bad financial decisions that negatively impact your past self and can enjoy the present more.
2. You’re No Longer Scared of The Future
Another side effect that comes from buying stuff over freedom is that it puts you in a tough financial spot where you are scared of the future. When you make bad financial decisions and don't prepare for the future, your future seems uncertain and this uncertainty brings you a lot of anxiety. When you prioritize buying your freedom instead of stuff, you make better financial decisions that make your future more certain. This allows you to feel more optimistic about the future.
3. Your Financial Life Is Less Cluttered
When you choose to prioritize stuff over freedom, your financial life becomes extremely cluttered where you are behind on past debts and bills and have trouble staying on top of current bills. This makes it very hard to get ahead in life. When you choose to prioritize buying your freedom instead of stuff, your finances become more simple, which allows you get stay on top of them and get ahead in life.
4. Your Physical Life Is Less Cluttered
Another con of obsessing over stuff and living a consumerist life is that it makes your physical life extremely cluttered. The average American's life is so cluttered where every room in their house has a bunch of stuff, which makes it hard to focus and not be stressed. When you choose to buy less stuff, you become more free to do what you want because your possessions don't overwhelm and stress you out.
5. You Have More Control Over Your Time
Freedom is the ability to have more control over your time. It's about doing what you want, when you want, where you want to do it. When you spend all of your money on stuff, you end up having less control of your time. However, when you prioritize buying your freedom, you can spend more time doing what you want in life.
6. You Can Take More Risks (that will probably work out)
Two years ago, I took the risk to quit my job to pursue YouTube full time and up to now it has worked out well for me where I am making more than I was at my previous job. The risk has worked out because I worked hard and have been extremely analytical, but also because I bought my freedom beforehand where I saved $80,000. This gave me time to learn, grow, and make mistakes. When you buy your freedom by having a large financial safety net and then take a risk, the chances of your risk paying off are a lot higher.
7. You Can Afford The Life You Want
There is nothing wrong with buying stuff and living a comfortable life. The problem, however, is that most people think they can achieve freedom in life by buying stuff first and freedom second, but it doesn't work that way. In order to achieve freedom in life while still living a comfortable life, you must first buy your freedom and then buy stuff. Once you have bought your freedom, you can use the money to buy the life you want.
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