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A Journey to Financial independence: Simple Steps to reach your goal

A Journey to Financial independence: Simple Steps to reach your goal

July 09, 20243 min read

The Challenge of Modern Temptations:

Let's be honest, achieving financial independence is not a path everyone will tread. Why? Because it demands discipline and focus—qualities that have become increasingly scarce in today's fast-paced world. The recipe for financial freedom is undeniably simple, but it's far from easy to follow if you do not have a burning desire to reach a meaningful goal. It requires sacrifices and the ability to plan for the future, qualities that often get overshadowed by the allure of instant gratification.

The Pitfall of Short-Sighted Actions:

One common trap that many business leaders fall into is the belief that working hard in the present equates to doing the right thing, but being productive will not take you anywhere when you are working on the wrong thing. Always start your journey with an accurate map before running into the woods. It will save you more time than you can imagine. Often, it’s the difference between success and bankruptcy. 

Shifting from Instant Gratification to Long-Term Fulfilment:

Managers and business owners who focus on the immediate without proper long-term planning can be likened to individuals scrolling through social media for their next dopamine hit. Both scenarios provide a sense of accomplishment in the short term, but they both lack a strategic approach.

Instant gratification can lead to fleeting pleasures followed by dissatisfaction, leaving you wanting more and the cycle continues. To break free from this cycle and attain lasting satisfaction, shifting your focus is crucial. Here are steps to help you transition from short-term rewards to long-term fulfilment:

1. Set Meaningful Goals: Begin by defining your long-term objectives. These goals provide direction and purpose in your personal development and financial journey. But do not think you can be someone else in the future without change; you have to set a goal you cannot live without, or it will not happen. Set your goal and make sure you are passionate about making it come true. The passion is what makes a dream into a goal and a dreamer into whoever he or she wants to be. 

2. Embrace Patience: Understand that genuine fulfillment takes time. Learn to appreciate the process rather than seeking instant results. If you have a goal that is truly meaningful, waiting a little will be a small price to pay. It might even be enjoyable and rewarding to see yourself and your life change into what you want. 

3. Develop Positive Habits: Cultivate habits that contribute to your overall well-being. No matter if your goal is personal, physical or financial, it all starts with you. If you take care of yourself, your mind and your ability to focus, the goal will almost take care of itself. If you change into a person who is happy, focused and sees opportunities everywhere, it would be strange if your life did not change to fit who you have become. 


Strive for True Fulfilment:

Ultimately, what most people truly seek is not financial abundance, but family, community, and good health. What holds us back from appreciating these blessings is the relentless pursuit of 'more.' Logically, that means that you already possess what you want more of. Let go of desires that do not serve you, and concentrate on what genuinely matters to you. 

In your journey toward financial independence, consider that it's not solely about acquiring wealth but about gaining the freedom to enjoy the things that bring you genuine joy and fulfilment. Release the unreachable goal of 'more' and focus on what you genuinely desire. Maybe you really desire something completely different from what you first thought? It’s worth the extra time to think about where you are going before starting your journey.

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Joakim Paurell

Joakim Paurell is the owner of Worry Free Wealth, a business coach focused on leadership, finances and getting his clients to early retirement.

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