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Financial Freedom

is a 401k worth it

They say something is free if it is not constrained to its present state.

For example, we think of birds as free. You’re free as a bird!

The ability to just get up and fly away is desirable.

But I live in a city with a lot of birds, and while it seems they can get up and fly away if they wanted to, they generally stick with the group.

So is a bird really that free?

Birds and mammals (humans included) appear from a distance to be free. We can walk, eat, sleep, do whatever we want, whenever we want.

At least that’s how it looks.

Because in reality, we are given specific instructions on how to live:

  • Birth
  • Go to school to learn to socialize, play and obey
  • Graduate high school
  • Take out loans and go to college
  • Get a job
  • Start investing in the stock market through retirement accounts
  • Get married
  • Take out a 30-year mortgage and buy a home
  • Have kids
  • Get promoted
  • Take out loans to buy cars
  • Use credit cards to go on vacation
  • Keep investing into stock market through retirement accounts
  • When you reach 60 years, you will be rich and can retire and do whatever you want
  • Death

The illusion of freedom makes me wonder if birds also have unwritten rules on how to live.

Maybe a bird who leaves the group can never come back? Or maybe they all have special jobs and can’t leave the group due to obligations?

It’s common for Americans to feel ashamed for not have a college degree.

A single woman in her 30’s will undoubtedly face pressure to get married and have kids.

If you’re 50 years old and still renting, people assume you’re poor and look down on you.

The American Dream is a Debt Trap

The truth is you’re probably not free.

The government has a unique agenda to keep you in debt.

People in debt are easier to lure with financial incentives. Even though these incentives never materialize, they secured your vote and that’s all that matters.

The only way to take back your power is to become financially free.

Humans are creative spirits with a deeply seated desire to express ourselves. Our objective in life is to align with our soul and express its authentic desires.

The problem is no one has time to tap into their creative and spiritual selves because they are drowning in debt, working a miserable job or distracting themselves by chasing the American Dream.

Financial Freedom Articles & Further Reading 

The government cares about GDP and macro-economics, not about individual citizens. Debt is good for the economy, bad for the individual.

So don’t fall for their trap. Educate yourself on why you’re not financially independent, and how to get there:

history of student loans The Untold History of Student Loans

Millions of young people have given up freedom in exchange for debt. Their lives will forever be impacted and the story of how we got here is shocking and sad.

 

Does the American Dream Come with a House?

We are the only country to take on 30 years of debt just to buy a home. And upon closer examination, the 30-year mortgage is a total rip-off.

 

retirement accounts are a scam Retirement Accounts are a Joke. 

Social Security failed so the government launched a campaign with Wall Street that wants every American to invest in the stock market. WTF?

alternatives to investing in stock market Alternatives to Investing in the Stock Market.

We are told the responsible way to prepare for retirement is to invest in the stock market. This is insane advice for a population that isn’t even taught the basics of personal finance in school, let alone how the stock market works.

how to be a conscious investor How to Be a Conscious Investor

The government created a retirement program that results in every American investing in the stock market. This is corporatism at its finest. What happened to investing meaning “voting with dollars”?

the pros and cons of index funds The Pros and Cons of Index Fund Investing

Index investors buy every public company within a sector. There is no due diligence, no review of corporate practices — index investors don’t even analyze the financial statements of the company!

is a 401k worth it Is a 401k Worth It?

Nothing about this employer-sponsored, government-approved retirement account makes sense. Up to a match is okay, but beyond that, no thank you.