

Financial Freedom has different meanings for different people. Some view financial freedom as being free from all debt and others view it as being free of all debt except their homes, cars, and housing expenses such as utilities and food. Whatever your view may be on the definition of financial freedom, make sure that you have a plan to get there.
Are you ready to begin your path to financial freedom? Start with D.A.M.A.G.E. control… Ask yourself these questions:
- How much “Debt” do I have?
- What kinds of “Activity” is taking place on my debt freedom journey? Am I aware of how my money is being spent or am I oblivious to where it’s going?
- What’s my level of financial “Management” skills? Am I financially literate? Am I a student, consistently improving my mode of operation? Am I reading on personal finance, attending workshops, or receiving counseling from an expert in this area?
- What are my “Assets”? Have I recently sat down and reviewed my net worth lately?
- What are the metrics for my financial “Growth” from a literary standpoint? How do I know if I am making progress? Have I scheduled an appointment with my financial adviser lately to review my investment strategies?
- Are my “Earnings” covering my current living expenses? If not, do I have a plan in place to make the necessary adjustments?

Becoming free from debt takes hard work. Start by defining what financial freedom looks like to you. The next step is understanding the depths of where you are financially and taking action to make the necessary changes. Some essentials needed to work towards financial freedom are identifying your bad money behaviors and replacing them with good ones. Create new disciplines and remain committed to the process.