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There have countless stories of the haves falling from grace, and often times not been able to recoup resources lost. This narrative is quite possibly linked to someone who may have been financially free, but not financially confident.
Financial freedom is a heavily discussed subject in the journey to wealth building. Very rarely is the confidence needed to preserve wealth talked about.
Freedom of finance can be built, inherited and if you are lucky, it can be encountered or given. In other words, anyone can be free financially if given the right circumstance. If in the end the monies were lost for one reason or another, only those who are confident come back from such fall.
Unlike financial freedom, financial confidence cannot be inherited. It is a habit that must be nurtured and cultivated by the consistency of discipline and purpose.
The confidence to know that no matter what the conditions and circumstances may be, you can always regain what is lost is an important mentality to have. Plus it is a different level mindset when compared to financial freedom.
Financial confidence is not based on what you have right now, but knowing full well you can have whatever you want, wherever and whenever.
Financial freedom is lazy, financial confidence is the opposite.
The only path to financial confidence is having the right mindset. This can only be achieved through intense discipline that differs from financial freedom.
By the right mindset I mean to devoid your mind from the spirit of scarcity, which is the fulcrum to not live your life to its fullest potential.
Financial freedom can be lost for whatever reason it might be, financial confidence is innate but require honing.
What you have today maybe gone tomorrow. How confident are you if or when it all goes down the drain?