Financial Freedom in the Information Age: Become One of the New Rich

If you’re after financial freedom and feeling that the economy is going to make it impossible for you to achieve it, I understand exactly how you feel. I spent years doing things the way everyone else was, investing and working in the corporate world hoping that having a secure job with a steady income was going to give me the lifestyle that I wanted someday. That was until two years ago when I read the book “The Four Hour Work Week” by Timothy Ferris. I’ll never forget the line that said: “The commonsense rules of the real world are a frail collection of socially reinforced illusions.”

That was it for me, two weeks later I left my job in the corporate world and begin designed a lifestyle instead of focusing on making money. What I discovered during these last two years is that the rules of wealth certainly have changed and understanding these new rules is what makes all the difference in one’s ability to build financial freedom and to live a truly enviable lifestyle. Here are three rules of the New Rich that can change your whole attitude about building financial freedom...

Financial Freedom Rule #1: Mobility

Mobility is something which is becoming available to people these days like it never was during the industrial age Mobile communications technology and the internet has made it possible to run entire companies right from your lap top computer. I know this because I own two of them, with clients all over the world and with employees who work for me right from their homes. This is something which was NOT possible a few decades ago, but something which is becoming more and more common these days.

As you are reading this, there are hundreds of other companies just like mine, and some of them are only a few people strong and making millions a year. As you can imagine, this creates the possible for you to travel without having to worry about getting time off of work, and you don’t have to be a millionaire to make this happen. That’s the first rule of the new rich.

Financial Freedom Rule #2: Freedom of Time

I won’t tell you that working only four hours a week is possible for anyone. However, it’s VERY easy these days to have the flexibility to work when you want to, instead of having to glue yourself to a nine to five schedule. In other words, having to force yourself to get up at an hour when your body is not ready is something which is completely avoidable, and again, you don’t have to make a million dollars to accomplish this, you can be making the same amount of money that you are now. That’s the second rule of the new rich.

Financial Freedom Rule #3: Independence

There might have been a time when debt could be used as a tool to create financial freedom, but of the new rich, debt is just another means of giving someone else control over your life. When you have debt, you have to work or else someone is going to come and get your car, or your house or at least harass you with calls about how you have to pay or get your credit ruined. Interestingly enough, many people who pushed debt as a means of acquiring wealth shut up when the credit crisis caused the economy to go belly up. We now live in an economy where wealth is based on contribution, and borrowing money (attempting to get before giving) is a sure way into bondage. So independence from credit is the third rule of the new rich.

Making these three things your primary goal will help you to achieve all the things which people hope to get from building financial freedom, and the time to get started is now.