• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Wealth Pilgrim

No Money Worries. No Matter What.

Neal Frankle featured in
  • Home
  • Life Insurance
  • Investing
    • Build Strong Investment Building Blocks To Avoid Going Broke In Retirement
    • Systematic Mutual Fund and ETF Investing
    • Stock Market Investing Guide
    • Choosing the Right Investment Brokerage Guide
    • How Bonds Work Guide
    • How Banks Really Work Guide
    • Annuities – What You Need To Know Before You Invest
    • A Beginners Guide To Buying Individual Stocks
    • Create A Pool Of Great Mutual Funds and ETFs To Pick From To Secure Your Retirement
    • ETF and Index Fund Investment Guide
  • Earn More
  • Banking
  • Retirement Planning
    • Retirement Guide
  • Ask Neal a Question
  • Reviews
    • Upgrade Personal Loans Review
    • Lending Club Review
    • Prosper Review
    • Ally Invest TradeKing Review
    • CIT Bank Review
    • LegalZoom Review
    • Lexington Law Review
    • Airbnb Host Review
    • Should You Drive For Uber?
  • Tax
  • Courses
    • Raise Your Credit Score So You Can Buy a House – Free Video Course

This Is the Week to Choose Financial Independence

by Neal Frankle, CFP ®, The article represents the author's opinion. This post may contain affiliate links. Please read our disclosure for more info.

passover-and-easterIf there ever was a week to choose financial independence — this is it. On Wednesday, Jews will celebrate Passover. On Sunday, Christians will celebrate Easter Sunday.

In a way, both holidays are fantastic examples of bravery, sacrifice and the overwhelming value of freedom. Regardless of what your religious views are, we can all benefit by tapping into the messages of these two holidays. Their applications are especially powerful in the personal finance world.

You might be thinking that I’ve had a bit too much Manishevitz wine (yuk…never liked the stuff). Actually, I have never been more serious.

Both holidays tell the story of people who leave the safety of conventionality in search of their own truth. (They might not have been Wealth Pilgrims, but they certainly were pilgrims.) They risked everything they had to live in alignment with their values.

Let’s apply their example. Let’s take action to gain freedom from whatever it is that enslaves us.

1. What are you enslaved by?

Do you need to get going and get out of debt? Is worry your task-master? Do you spend or invest compulsively? Do you put up with a stinky job because your fear tells you there is nothing better out there? Are you glued to computer screens, a slave to the stock market?

Think ahead one year from today and look back. Finish this sentence:
“I’m grateful that I am no longer (fill in the blanks) like I was last year.”

How did you complete that sentence? What are you most interested in becoming free of?

2. List possible solutions.

Do you need to track your spending? Do you need to educate yourself about investments? Do you need more training to find a new career? Do you constantly complain “I WANT TO MAKE MORE MONEY” but never take action?fireworks

3. What resources are available and what resources do you need to acquire?

Regardless of what you want freedom from, two resources become super important: knowledge and accountability. You’ll need knowledge so you can make the right decisions and navigate to freedom. You’ll need accountability so you take action and have consequences if you become a lazy Wealth Pilgrim (no such thing). Your accountability partner might be your spouse, a good friend, a work colleague or a financial adviser.

4. What steps you are going to take to achieve your goal?

Write it down. Don’t miss this opportunity. Financial freedom is yours if you are willing to work for it. What are you willing to do to be free this year?

 

Tweet
Pin
Share

Reader Interactions

User Generated Content (UGC) Disclosure: Please note that the opinions of the commenters are not necessarily the opinions of this site.

Comments

  1. Ken says

    April 7, 2009 at 10:18 AM

    I will work an extra job this summer. I will also pay off a credit card with my $8000 first time homebuyer credit.

    Reply
    • Neal says

      April 7, 2009 at 12:39 PM

      Ken,

      Fantastic! I really appreciate your “Declaration of Independence!”

      Reply
  2. Neal says

    April 7, 2009 at 5:39 AM

    Baker,

    You’re going to make it. Why? Because you have the courage to admit what the issue is and the strength to focus your energy on it. Bravo! You are a true Wealth Pilgrim!

    Neal

    Reply
  3. Baker @ ManVsDebt says

    April 7, 2009 at 4:40 AM

    Great post tying in the holidays with personal finance.

    I personally feel enslaved by my debt. I can’t wait til I am free of it’s burden! I definitely need to spruce up my exact time line of mini-goals though.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Are You Human? * Time limit is exhausted. Please reload CAPTCHA.

Primary Sidebar

Who is Neal Frankle

Neal Frankle

I'm a CERTIFIED FINANCIAL PLANNER™ Professional with more than 25 years of experience. I feel very blessed and hope to share my personal financial experience and professional wisdom with readers of WealthPilgrim.
Read More »

Stay Connected

Facebook Twitter YouTube RSS

More Categories

Career Development
College Funding
Credit Cards
Credit Score Fixes
Money and Marriage
Debt Relief
Estate Protection
Property Investment Loans
Small Business Strategies
Spend Less Money

Disclaimer

Wealth Pilgrim is not responsible for and does not endorse any advertising, products or resource available from advertisements on this website. Wealth Pilgrim receives compensation from Google for advertising space on this website, but does not control the advertising selection or content. Please do the appropriate research before participating in any third party offers. The information contained in WealthPilgrim.com is for general information or entertainment purposes only and does not constitute professional financial advice. Please contact an independent financial professional for advice regarding your specific situation. Wealth Pilgrim does not provide investment advisory services and is not a registered investment adviser. Neal may provide advisory services through Wealth Resources Group, a registered investment adviser. Wealth Pilgrim and Wealth Resources Group are affiliated companies. In accordance with FTC guidelines, we state that we have a financial relationship with some of the companies mentioned in this website. This may include receiving payments,access to free products and services for product and service reviews and giveaways. Any references to third party products, rates, or websites are subject to change without notice. We do our best to maintain current information, but due to the rapidly changing environment, some information may have changed since it was published. Please do the appropriate research before participating in any third party offers.


About · Contact · Disclaimer & Privacy policy

Copyright © Wealth Pilgrim 2022 All Rights Reserved