Image Courtesy of Kira O’Connor (
  • The difference between financial independence and financial freedom
  • What financial independence is
  • Why you MUST become financially independent BEFORE you try to create wealth
  • How to become financially independent


***This post may contain affiliate links, which means I may receive a small commission, at no cost to you, if you make a purchase through a link on this blog. You can read the long, boring, legalese disclosure here.***

The difference between financial independence and financial freedom

There is a difference between Financial Independence and Financial Freedom.

Suze Orman, author and wealth coach, describes it this way:

“A big part of financial freedom is having your heart and mind free from worry about the what-ifs in life.”

In all the years that I’ve been on this path of wealth creation and abundance, learning what I could, doing personal development courses, reading books, attending seminars, everything, heading surely towards financial freedom and a life of abundance and luxury, something that escapes many people (including us) is actual INDEPENDENCE from money.

Independence from our money stories. Independence from money worries.

Independence from anxieties and concerns. Independence from our fears around money.

You can do all the work but it won’t matter unless (or until)…

We do all the work, we do the vision boards, we journal, we develop ourselves, we do affirmations, we work on our stuff and letting go of things, replacing our beliefs, doing something different. We do all sorts of things but one thing we don’t aim for is INDEPENDENCE.

Freedom, financial or otherwise, has been touted round for years and is synonymous with get-rich-quick schemes and scams now.

But getting rich, whether that’s quickly or not, will not change our day-to-day experience with money, regardless of how much we have.

The only way to change things

The only way to change our day-to-day experience, and from there our ability to create the kind of life we want to live is to have total INDEPENDENCE around money.

To not be concerned about how much money is in our bank accounts.

Not be worried about where our money is going to come from.

To KNOW that we can create what we want to create, when we want to create it.

To KNOW that we live in total abundance and that our fears are the only thing that stop us.

We think that “financial freedom” will do all that, we think that if only we had a million dollars… ten million… a hundred million in the bank… then we’d be okay… then we’d be financially free… then we’d feel good… then we wouldn’t worry about money… then we could relax and enjoy life. That’s how it is, isn’t it?

We think that the problem is that we don’t have enough money and if we did just have enough money, then everything would be good and we could concentrate on other things.

That’s not how it works.

We must become independent

If we don’t become INDEPENDENT from money, if we don’t release our fears, beliefs and anxieties around money, they’re going to stay with us no matter how much money we have.

This isn’t just a mindset thing. Our fears and anxieties stop us from taking care of our money.

We’ve all stuck our heads in the sand and not balanced our books because we don’t want to look at the awful truth, right? We all avoid things that we don’t like.

If we want INDEPENDENCE, we have to be able to take care of our money and not have it affect us emotionally.

We have to take responsibility for our money.

We have to respect our money, just like we respect ourselves or our loved ones.

We have to care about it… But not be attached to it.

Not see it as finite.

Not see it as scarce.

So, we work on our minds – our beliefs and fears – as well as day-to-day practicalities. We can’t do one without the other, it won’t work.

This is about INDEPENDENCE, separating ourselves from our fears and beliefs, putting structures in place to support ourselves and creating a powerful freedom for ourselves around money.

Click here to go back to the Stop Being So Poor homepage