Moving Toward Financial Freedom Can Be A Slow Process, But An Important One

Last Updated: October 2, 2025 by Michael Kahn. Published: October 2, 2025.

Are you thinking about trying to make the move towards financial freedom? If you are, then we think that this is a fantastic idea. Everyone should be moving towards this at some point in their life, and if you’ve now reached the point where you’re ready to think about this, then that’s great. Don’t feel bad if it’s taken you longer than some others to get here, because there is no time limit on this and nobody should ever make you feel bad for trying to do the right thing for yourself.

In this article, we’re going to be talking about how you can start making that shift towards financial freedom, rather than drowning in debt, constantly borrowing, and always relying on someone else to help you. We know that’s not the life you want anymore, so we’re going to help make sure it’s not the one you have to live.

So, if you would like to find out some more information about this, feel free to read on.

Move Somewhere Your Taxes Aren’t A Nightmare

The first thing that we’re going to recommend is not something that you have to do, it’s just an idea. If you are happy to relocate to somewhere new, then we recommend it’s something you look at. This only applies if you live in a state that is crippling for living expenses and taxes, and there are quite a few of them. California comes straight to mind, but so does New York because while they are nice places to live, they come with a hefty price tag for the luxury. 

But, if you’re someone who travels a lot, who goes away for business or who just likes not being at home, then you’re better off not living somewhere with high state taxes. You’re essentially paying to live somewhere you don’t even stay most of the time, and that doesn’t seem right. But, it can be hard to break away from residency and paying state taxes, which is why you need to look up how you can leave New York residency behind, and start fresh somewhere new. There are quite a lot of steps involved, but we know you can do it if you want to.

Make More Money

The next thing that we want to talk about is making more money. Now, if you read that and thought ‘obviously, I’m trying!’, we’re not talking about you. If you’re already doing everything that you can to make as much money as possible, then you’re already on the right track. However, we’re talking to the people who haven’t yet realized that there are other things that you can do to make money other than your main stream of income.

For example, you can look into becoming some sort of influencer on one of the social media platforms if you want to. This generally includes posting videos regularly and getting people to engage with your content, which isn’t always easy but is doable if people like you. Or, you can try setting up a blog, setting up a small side business, selling items and so much more. There are ways and means, you just need to find one that works for you alongside your other commitments. 

Budget Your Money As Best You Can

You’re also going to have to think about budgeting your money as best you can. This can be tough if you’re trying to manage on a shoestring budget and you don’t have the means to stretch even further than you already are. But, you’ve got to do your best to manage this. The most important thing here is that you are paying all of your bills when they need paying, which is why a list of all of your payments and payment dates is going to be extremely helpful. 

Once you know that you can pay all of your bills, you will then be able to see what you have left over. Some of this should really go into savings if you are able to do this, and the other part is yours to spend. We know that sometimes this is not a lot at all, but just remember that financial situations are always changing, so it won’t be this way forever.

Say Goodbye To Debt By Working It Down

Debt can be a horrible thing to have in your life for some people. Some are in debt and don’t care too much, but others will be thinking about this constantly, but not actually doing anything to fix the situation that you are in. The problem with the latter is that it needs to be fixed as best you can, as soon as you can. The interest is going to be piling up, causing you to struggle even more to pay it off which is simply not what you need.

The best option that you have got is speaking to your creditor and asking them if you can set up a payment plan that works for you. They might not be easy to work with here, but they will accept as they want their money back and this is the best way for them to get it, even if it’s in small chunks.

Start Considering Your Long-Term Goals

The final thing that we’re going to talk about is considering your long-term goals. You need to think about what you want so that you can start planning how to get there. Moving towards financial freedom requires motivation, and goals help to provide this for you when it’s needed. When it comes to setting goals, just make sure that you are being smart about this. They need to be achievable, they need to be realistic, because if they’re not, what’s the point?

We hope that you have found this article helpful, and now see some of the different steps that you should take when it comes to moving towards financial freedom. It’s not the easiest thing in the world to achieve, but once you manage you will feel better than ever. Having freedom financially is incredible, and definitely something that everyone should be working towards.