Simple Concept of Financial Security

Financial Security - I love these two words! Let me tell you why... If we are to define the meaning behind these two words, then we can simply say that financial security is when you reach a point in life where there is no more financial distress and troubles. No more living from paycheck to paycheck, from month to month. No more fear of bank statements in your postbox. No more fear of redundancy (who is going to pay my mortgage repayments?). No more worries. No more insecurity.
Financial Security is when you're relaxed regarding your finances and your bank accounts, as you know they are healthy. That's a state when life cannot financially surprise you with unexpected events, because you have sorted out your finances and you have taken care for yourself and your family.

Well, you might think that only rich people have achieved financial security. Let me tell you that such perception is wrong. You DO NOT have to be wealthy in order to be financially secure! Please, do believe this. You can achieve financial security even if not rich. The whole point of this blog is to explain how.

Allow me to address another important question in regards to financial security, and that is WHY. Why would you want to be financially secure? Someone might argue that financial security does not bring sufficient amount of adrenaline. This may be true, but who wants that type of adrenaline anyway?!

Humans are multidimensional beings. By this I mean that there are different dimensions within a person that are inter-linked. I.e. humans are rational, emotional, spiritual, social, physical, and also material beings. Each one of these aspects of human life is very important, and must be balanced in order for a person to live normally and be happy.

Imagine that one of these aspects or areas of life is unbalanced. For example, you have been struck by illness, therefore your physical aspect of life is not working right. You are in bed waiting to get better. Interestingly enough, all other aspects during your illness somehow went on hold, as you cannot focus on anything else but recovering. Fortunately, flu takes approximately a week and you are up and running again. If one aspect of life is not working right, it tends to take over our lives and serve as a weight around our neck. We keep focusing on this aspect while neglecting all others. You cannot achieve happiness and your full potential unless every aspect of life is balanced.

So, there we are! If material aspect of life doesn't work for us, it tends to grab us by the neck, and make us neglect all other very important dimensions. It takes our time and our energy; it completely preoccupies us and makes our lives miserable. This is why you need to sort out your finances and deliver financial security. By doing that, you will be able to dedicate yourself to other very important aspects and live a balanced and fulfilled life. You will have more time and less worries. Even people around you will be happier and will appreciate you more.

So, just remember that financial security is when you don't have financial problems, which should enable you to live your life to the fullest. Trust me, it is possible and it is easier than you think!

http://www.financeprinciples.net

The blog aims to help people live healthier financial lives by outlining key principles of personal finance. The ultimate goal is to achieve a state of financial security where one does not have to worry about finance any more. Feel free to visit and contribute.