New year, new chances to level up our money game! 🚀 In 2023, I hit my lean FI/RE goals by saving aggressively, cutting expenses, and investing the rest in index funds. Noted that It took me 10 years to achieve that with a savings rate between 60-70%. Now, 2024 is here, and I’m all about being inspired to hit my new money goals.
Sometimes, a little inspiration can go a long way in making our money moves. We all know growing those money habits takes time, right? But maybe reading these quotes will kickstart some meaningful actions for you and me.
Let’s make this year about crushing our financial goals and soaking up the wisdom. Ready to dive in and get inspired? Let’s do this! 💪💰
25 Financial Freedom Quotes
“Invest in yourself to achieve financial independence.” – Warren Buffett
“The secret to getting ahead is getting started.” – Mark Twain
“Financial freedom is not about having wealth; it’s about having control over your money.” – Dave Ramsey
“The best investment you can make is in yourself.” – Warren Buffett
“Don’t work for money; make money work for you.” – Robert Kiyosaki
“The stock market is a device for transferring money from the impatient to the patient.” – Warren Buffett
“Savings represent a form of self-respect.” – Albert Einstein
“Financial freedom is more than having money; it’s the freedom to be who you want to be.” – Robert Kiyosaki
“Money is a terrible master but an excellent servant.” – P.T. Barnum
“It’s not how much money you make, but how much money you keep.” – Robert Kiyosaki
“Financial peace isn’t the acquisition of stuff. It’s learning to live on less than you make.” – Dave Ramsey
“The goal isn’t more money; it’s living life on your own terms.” – Chris Brogan
“The only way to permanently change the temperature in the room is to reset the thermostat.” – Seth Godin
“The greatest reward in becoming a millionaire is not the money you earn. It is the kind of person that you have to become to become a millionaire in the first place.” – Jim Rohn
“Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.” – Warren Buffett
“Do not save what is left after spending, but spend what is left after saving.” – Warren Buffett
“The stock market is filled with individuals who know the price of everything, but the value of nothing.” – Philip Fisher
“It’s not about having a lot of money. It’s about having the money work for you.” – Mark Cuban
“Financial freedom is my goal; every dollar I save is a step closer.” – Anonymous
“Someone’s sitting in the shade today because someone planted a tree a long time ago” – Warren Buffet
“Your net worth is not the same thing as your self-worth. Your value is not based on your valuables.” – Rick Warren
The goal isn’t more money. The goal is living life on your terms.” – Chris Brogan
“Wealth is not about having a lot of money; it’s about having a lot of options.” – Chris Rock
“Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.” – Paul Samuelson
More Financial Freedom Quotes
“All our dreams can come true if we dare to pursue them.” ― Walt Disney
“Timing, perseverance, and 10 years of trying will eventually make you look like an overnight success.” ― Biz Stone
“The only thing that overcomes hard luck is hard work.” ― Harry Golden
“There is a gigantic difference between earning a great deal of money and being rich.” — Marlene Dietrich
“Financial Freedom is less about financials and more about freedom.” – Manoj Arora
“Financial independence is about having more choices.” – Unknown
“A budget is telling your money where to go instead of wondering where it went.” – Dave Ramsey
“Don’t make excuses for why you can’t get it done. Focus on all the reasons why you must make it happen.” – Oprah Winfrey
“There are many things money can buy, but the most valuable of all is freedom. Freedom to do what you want and to work for whom you respect.” – J.L. Collins
“Start saving and investing early in life. In due course of time you will see the magic of compounding.” – Invajy
Which one do you feel the most resonated with?
Personally, I feel the most resonated with this quote:
“The goal isn’t more money; it’s living life on your own terms.” – Chris Brogan
Right now, I’m all set to tackle my new money goals. But I keep reminding myself it’s not just about the money; it’s about having freedom and options.
J.L. Collins says, “Money can buy many things, but the most valuable is freedom. Freedom to do what you want and work for someone you respect.” I recently quit a software job because of a bad work environment.
Sure, getting another $4k is good, but what matters more is feeling empowered. I have choices, and even though jobs are hard to find right now, I decided to leave. It’s about having the freedom to decide for yourself, and that’s what matters most.
20 Female Financial Independence Quotes
While I’ve seen many responsible husbands, this situation can limit a woman’s ability to make decisions in the family. That’s why I believe women must have their financial independence, or at least some savings in case things go sideways in the family.
Check out these 20 quotes all about women and financial independence.
“Financial independence is a superpower every woman should cultivate.” – Unknown
“A woman with financial independence is unstoppable; she’s the architect of her own destiny.” – Caroline Dowd-Higgins
“Your financial independence is the key to unlocking doors of opportunity in every area of your life.” – Suze Orman
“A big part of financial freedom is having your heart and mind free from worry about the what-ifs of life.” – Suze Orman
“Don’t depend on a man to secure your financial future; be your own financial knight in shining armor.” – Unknown
“Financial independence is not just about money; it’s about freedom and empowerment for women.” – Unknown
“Being financially free is like having the freedom to create your own version of life.” – Unknown
“A woman who is financially independent has the ability to create her own narrative and define her own success.” – Unknown
“You must gain control over your money or the lack of it will forever control you.” – Dave Ramsey
“Being financially independent means you have the power to make choices that align with your values and aspirations.” – Unknown
“A woman’s financial independence is the foundation for her personal and professional liberation.” – Unknown
“The secret to creating lasting financial change is to decide to pay yourself first and then make it automatic.” – David Bach
“A financially independent woman is a beacon of inspiration, lighting the way for others to follow.” – Unknown
“The best thing money can buy is financial freedom.” – Rob Berger
“Being financially independent allows a woman to stand tall, walk confidently, and chart her own course in life.” – Unknown
“Financial independence is not a destination; it’s a journey every woman should embark on with determination.” – Unknown
“Your financial independence is a testament to your strength, resilience, and ability to overcome any challenge.” – Unknown
“A woman with financial independence is a living testament to her capability to thrive and succeed on her own terms.” – Unknown
“Financial independence is the language of empowerment; every woman should be fluent in it.” – Unknown
“A woman who is financially independent is a force for positive change, not just in her life but in the world.” – Unknown
“Financial independence is not a luxury; it’s a necessity for every woman seeking true autonomy and fulfillment.” – Unknown
Feeling inspired? Do these money challenges 💪📝
Create your debt-free and money vision board
How do I start to gain financial freedom?
Start by Trimming the Fat
Let’s talk about the real game-changer: cutting back on expenses. It sounds cliché, but it’s a tried-and-true method. Take a close look at your monthly spending, figure out what’s necessary, and see where you can make changes without sacrificing your happiness.
It’s a balancing act. You want to save without turning your life upside down. Opt for homemade dinners instead of eating out, explore affordable entertainment options, and watch how these small changes add up over time.
Slow FI: The Chill Approach to Financial Independence
Now, let’s embrace the idea of Slow Financial Independence (Slow FI). Forget about rushing to the finish line; Slow FI is all about making steady changes that you can sustain. It’s like a savings marathon, not a sprint.
Recognize that everyone’s financial journey is different, especially if you’re juggling family responsibilities. Slow FI is about finding a pace that works for you and making smart choices without feeling like you’re missing out.
Create Your Money Safety Net
Before you dive into complex money moves, focus on building an emergency fund. This fund is like a superhero cape for your wallet. Aim to stash away three to six months’ worth of living expenses.
Your emergency fund is your financial superhero, ready to swoop in when life throws you a curveball. It’s your shield against unexpected expenses, making sure you don’t resort to high-interest debt – a big step towards true financial freedom.
401k: Your Ticket to Retirement Bliss
Once your emergency fund is up and running, turn your attention to long-term money magic. Start contributing to a 401k retirement account. Many employers offer this perk, making it a simple way to save for the golden years while getting some extra dough from your boss.
Here’s a quick guide:
- Emergency Fund: Save 3-6 months’ worth of living expenses
- 401k Contribution: Shoot for at least 15% of your pre-tax income
- Here is an awesome visual guide from Reddit.
To Sum It Up
Getting financially free isn’t a one-size-fits-all deal. It’s about finding a way that fits your life. Small changes, the Slow FI mindset, and a step-by-step approach can set you on the road to lasting financial happiness. It’s not a race; it’s a journey. Enjoy the ride, make wise choices, and relish the slow but steady progress to financial freedom.
Vi, a software engineer with a keen interest in personal finance, had planned to retire once she reached her lean FI/RE (Financial Independence/Retire Early) goal. However, after achieving the goal, she took few months of a mini-retirement filled with travel and adventure and decided to continue her career.
For the past five years, Vi has been using Personal Capital (Empower), a free financial tool. Her favorite features include the dashboard for net worth, allocation, and planning, which help track her FI/RE goal and keep those investment fees in check.