Post
Topic
Board Economics
Re: What is your biggest obstacle to achieving financial freedom ?
by
Theones
on 19/03/2023, 23:19:53 UTC

For personal reasons, I am not going to talk about that experiment of wine business in detail but I can share with you that it was not in California. The wine was not a Californian brand but an Australian one. The main lesson from that business failure was that make sure 80% of things are ready before you start a business. If it is only 20%, you are simply killing yourself. Speaking of my financial condition, I am not gonna say I have achieved financial freedom but I do have a comfortable life compared to many people at my age. My parents have laid the foundation that I am worry-free from owning a house/apartment and the other primary reason is my lifestyle. Whether I was a graduate from college or a middle-aged man now, I have always made savings every month, small or big, no exception. I am a real tyical man who lives a life within his means. Well, this does not mean I don't have financial issues. Recently, my wife insists on buying an apartment but I believe this is a bad investment due to the unexpected economic conditions nowadays. Maybe having to buy something insanely expensive against my will (like an apartment my wife wants to buy) is my biggest obstacle to achieving financial freedom ? Haha, laugh out.




These are good worries if one of the main problems for you is the choice of buying or not buying an apartment at the request of your wife.

The habit of savingis very good, I have always found the possibility of save, sometimes more, sometimes less, but it has become a good habit for me. So far, I have not been able to achieve financial independence, although I aspire to this and really hope that bitcoin will help me with this.

It is not even important how quickly I achieve this, but the very realization that I have achieved this will make me a happy person. Even now I feel comfortable, I like the path itself, I hope that everything will work out for me.
My biggest obstacle over the period of time has been - over spending
Everytime I go to market - I buy unnecessary stuff which is not needed. This is a big drain on my fiances and never has allowed me independent.
If i decide - I will not be going to market then I start buying online. Now I have deleted so many apps. Then there is social media which is not letting me stop this.
I think I cannot control myself! so I prefer being broke - no money - no purchase!