Self-discipline equals freedom. That sentence is true in any phase or situation you’re in. In can pertain to physical, spiritual, career, intellectual, social, family, and the one I’m going to talk about, financially.
Jocko Willink said in an interview with Forbes “While Discipline and Freedom seem like they sit on opposite sides of the spectrum, they are actually very connected. Freedom is what everyone wants — to be able to act and live with freedom. But the only way to get to a place of freedom is through discipline. If you want financial freedom, you have to have financial discipline. If you want more free time, you have to follow a more disciplined time management system. You also have to have the discipline to say “No” to things that eat up your time with no payback—things like random YouTube videos, click-bait on the internet, and even events that you agree to attend when you know you won’t want to be there. Discipline equals freedom applies to every aspect of life: if you want more freedom, get more discipline.”
So, when it comes to financial freedom, you need to have the discipline to spend less than you make. Say no to debt and things you don’t need. The discipline to do a budget is knowing where your money is going rather than wondering where it went. That discipline day in and day out will make you a net worth millionaire, which is financial freedom. So, it’s about having discipline to do things, but it also requires discipline to give things up. Hebrews 12:11 says, “No discipline seems pleasant at the time, but painful. Later on, however, it produces a harvest of righteousness and peace for those who have been trained by it.”
You might really want something right now. Do you want that thing or freedom more? So, between Jesus and Jocko, they said in order to have freedom you must be disciplined. In order to be financially free you need to be disciplined with your finances. Take that first step towards discipline and financial freedom. Today is the best day to act. Don’t blink and let a couple of months go by. Reach out to have a conversation about it and see what plan we can put together to get you there. Don’t put it off any longer!
My passion is finding out your ambitions and helping you put together a plan with your finances to make those dreams a reality. If you can accomplish your dreams on your own, then you aren’t dreaming big enough. To date, my clients have roughly paid off $147,000 in debt and they’re working towards their biggest, wildest dreams and beyond.
-Tyler Plageman