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On my About page, I mentioned how the financial crisis of 2008 had pushed me to really learn how to improve my finances and take the necessary steps to get on a path to financial freedom.
However, even before 2008, financial stability has always been an important goal for me. Although I did not always make the smartest decisions and choices or take the best course of actions to improve my financial situation, it was always in my mind.
Below are what motivates me to achieve financial success and freedom. Don’t get me wrong, money is not the only thing on my mind but we are focusing on money since this is a personal finance blog!
My parents came to this country as immigrants more than 35 years ago. As new immigrants with two young daughters at the time, they worked whatever jobs, willing to hire them, to survive. And when I was born several years later, they worked even harder to make sure we always had a roof over our heads and food on the table. We were thankful because we knew we were fortunate compared to others.
I remember that whatever extra money we had (which usually wasn’t very often or very much), my parents would spend it on me and my sisters – whether it was a small toy or our favorite treats.
I cannot put an amount on what my parents have done for us, but I do know that I want to be able to treat them to the finer things in life since they have always put us before them.
Growing up With Just Enough
It was a humbling experience growing up.
I remember living in a 1 bedroom apartment in Queens, where my parents and I shared that one bedroom and my sisters slept on bunk beds in the “living room” that doubled as their bedroom and tripled as our dining room.
I remember that I was definitely not one of the cool kids growing up since I never had the latest toys or trendiest clothes. At my worst, I was wearing hand me downs from my sisters and older cousins (some of them were clearly T-shirts for girls!).
These and a few other traumatizing times push me to work hard as heck to make sure I can be in a better position in the future.
College Tuition & Textbooks
My parents emphasized the importance of education to me and my sisters, but they were not able to help us very much financially. So my sisters and I needed to work full-time jobs and take out several student loans in order to pay for our college tuition and textbooks.
Having to work full time while going to school full time was an exhausting and humbling experience and one that I hope my kid(s) would not have to deal with in the future.
My Kid & Future Kids
My parents were limited being new immigrants and struggled mightily. However, they always did the best that they could and provided us with as much as they could.
They certainly put us all in a better position than they were in when they first arrived in America and I would very much like to be able to put my son and future kids in a better position than I grew up in.
Power of Motivators
You see, we all need some sort of motivation to keep us focused and driven to achieve something – especially if it is something that is not easily attainable. Our motivations are what we use to pick ourselves back up and keep pushing despite the failures. And if we were easily discouraged and willing to give up on something quickly, then it’s likely that we simply did not want that something as bad as we thought we did.
So what is motivating you to get on a path to financial freedom?