Many of us spent our childhoods wishing away the time in an effort to speed toward adulthood. Little did we know, adulthood can be extremely stressful. After high school, life comes at you fast. Without a lucrative career, tuition fees, major life purchases and day-to-day expenses quickly pile up and can lead to debt. By itself financial strain is tough, but unfortunately it creates subsequent issues as well. Imagine having enough money to eradicate most of the negative side effects it creates. Financial freedom is powerful and is a huge contributing factor in how peaceful your life is. Here are three life areas that financial freedom can destress.
People get married with intentions of their unions enduring a lifetime. Unfortunately, things don’t always go according to plan and life problems can turn into marital problems. For most, these issues can become too much to bear and couples choose to dissolve their marriages/ But for others, when things get tough, financial freedom can be a relationship saver. To start, money problems are one of the leading causes of divorce. To circumvent this common pitfall, some couples choose to pursue financial freedom together which removes money as a source of marital contention. Still, some marriages fail for non-financial reasons. However, when those issues arise, because couples can’t afford counseling, reconnection vacations or other potentially pricey remedies, they are forced to give up. For financially free couples, the cost of intervention is irrelevant.
Nowadays, health costs are shockingly high. It can be difficult to afford health insurance premiums, deductibles and copays. When you add up the actual costs for preventative and maintenance care (or even unexpected emergencies) the bills are often too much for many families. In the most drastic situation, some families are forced to skip care altogether. Just the simple thought of the yearly totals for health care can cause an immense amount of stress, which then adds to the deterioration of your health creating a vicious cycle. What if you had enough money saved to cover any medical need that arose? Would that give you peace of mind? That’s exactly what financial freedom can do.
Life is full of daily responsibilities, many of which are time consuming. Between work, family, chore, and tending to basic needs (i.e. eating and sleeping) you may be left feeling frazzled and overwhelmed. You may feel like there is no solution since you have to spend endless hours at work to afford everyday necessities. You also have to fit household chores into the short time period you have left over after work, right? Well, maybe not! Although it may seem that this sequence of events is normal and central to every family, this isn’t the case when it comes to financial freedom. It can create time where you previously had none. With enough money, you have the freedom to quit your job and hire professionals to handle the chores that eat away at your time and increase your stress levels. Once you do that, you’ll have fewer responsibilities, less job stress and more time to get the proper amount of sleep and spend quality time with the people you love.
Daily life is hard, there’s no denying that. Thankfully, financial freedom can ease the burden of countless stressful situations. Make financial freedom your goal and enjoy the many benefits of increased peace of mind.