Michael FitzPatrick: What Does Freedom and Independence Mean to You This Fourth of July? Part 1
When I looked up the word “freedom” in the dictionary, it defined the word as:
The power or right to act, speak, or think as one wants without hindrance or restraint. The quality or state of being free; the absence of necessity, coercion, or constraint in choice or action. Liberation from slavery or restraint or from the power of another.
Pondering this definition, it made me think about the concept of time freedom. What if, starting today, you could erase every appointment and meeting in your calendar for the next week? That’s right, whatever personal or business/work commitments you presently have are now gone. What if you could erase everything in your calendar the next month? Better yet, what if you could remove any obligation, meeting or appointment you have for the next year?
If you were given a blank slate—having the liberty and permission to build your “dream life”—what would it look like? What would you do? How would you spend your time? What things would you keep the same? What would you change? This is a very interesting scenario to envision. While most people like to think they know what they would do, the reality is that most have no idea!
Let’s start by conceptualizing a few basics:
- In a year you spend 2,500 hours of working (50 hours per week x 50 weeks)
- In a week, you work 50 hours
- In a day, you work 8-10 hours
In a week, you have 168 hours total (24 hours per day x 7 days per week). If you sleep for 8 hours a night, that’s 56 hours for the week. Now you have 112 hours remaining. Let’s say that you work for 50 hours during the week, now you have 62 hours left. Between showering, eating, getting dressed, time with the kids, exercising, reading, playing/coaching sports, and so on, the remaining 62 hours go pretty quickly. Most people live their lives under this model because it’s all they know.
So, again, imagine being able to wipe the slate clean starting tomorrow and use your time as you see fit, on your terms. What if money wasn’t an issue any longer? What if it cost you $15,000 per month to live the lifestyle that you desired, and you know that you had $16,000 per month coming in on auto pilot? What would you do then?
My goal in this short article is not to give you answers, but rather to get you to start thinking about time a little bit differently. What is time anyways? Time is your life. So, when you waste time, you are wasting your life. I don’t mean to sound harsh, but maybe you needed to hear this today.
As we approach the Fourth of July holiday, celebrating our nation’s declaration of independence, I challenge you to reconsider what the words “freedom” and “independence” mean to you. If you were truly free, and didn’t have to worry about money ever again, what would you do? Once you can emotionally connect with that side of yourself and your purpose, then your subconscious mind will direct you towards opportunities and people to make your dreams a reality!
Now that you’re thinking about time freedom, stay tuned for Part 2 of this series, where we will discuss step by step how to become financially free!