Financial Lessons at Kentucky Craft Fairs

By Mara Hernandez-Capili

Everyone I know aims to be financially free someday. They want to someday be on top of their growing finances. Being financially free meaning having stability or It is where one is making money work for himself. Financial freedom is being able to relax and enjoy life by not worrying too much about where you will get the money to pay for your basic necessities. Financial freedom is where you can increase your money without doing anything.

Financial freedom is gained when our expenses are lower than your income or your income is greater than your expenses. It teaches us to invest our excess money rather than save in banks. In this way, our money will grow through wise investing as oppose to it just being left there in the bank. If one seeks to be financially free, he/she should study more about money and how it works and increase his financial literacy.

There are still a lot of us who possess the old line of thinking which is that money is the root of all evil. I say the opposite. Be obsessed with money. Eat money, think money and live money. In this way, you will learn to love the concept of money and learn more about the subject. In this way, he/ she will have a full understanding on the subject and in the end look for ways to earn his money column. One should need to be financial literate if he seeks to be financially free someday.

Financial freedom gives us a preview on how to create wise spending habits. After receiving our income we should save or invest first. This is versus the habit of paying our bills first and then saving what was left. I know that it is important to pay our bills but this practice can lead us a disciplined life in terms of investing and saving. Giving tithes or 10% of your monthly income to churches is also a teaching under financial freedom.

Don’t be afraid to learn more about financial freedom. Check out your local listings about seminars on the topic.

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