"A big part of financial freedom is having your heart and mind free from worry about the what-ifs of life." - Suze
Orman
We all have several dreams and goals we wish to fulfil in our lives. Our financial decisions should be based on how
and when we aim to achieve these goals. Now to get out of the cycle of earning and spending and to carve out the
life we imagine for ourselves, it’s important to be financially free.
And being financially independent lets you enjoy benefits like:
1. Better security
The need to feel secure is one of the most basic human needs. It drives all decisions we take, especially our
financial ones. Without security, we would be spending our lives in survival mode and attracting a lot of unwanted
stress.
Financial freedom helps to reduce the burden of living from pay-check to pay-check and ensures your dreams and goals
are taken care of.
2. More control over time
With financial freedom, you get the opportunity to work how and when you want. It gives you better control over how
you want to spend your time. When your expenses are covered by additional sources of income, it leaves lots of time,
space, and resources for you to focus on your passions.
3. Pursue your goals
Financial freedom shifts your mind set from working to pay your bills to following your passions. The funds you
generate or save over and above your income can be used to pursue your interests like traveling or taking a hobby
class, learning a new skill, and more.
4. Align your actions with your values
Not always do we get to do the job that matches our values or passions. We are driven by the need to meet our
expenses. Financial freedom changes that. Being financially free, you don’t need to be driven by profits anymore.
Rather, you are driven by your ideals and values. This gives you the choice to select the kind of work you do, when
you do it, and how you do it.
5. Take risks
It’s not easy to take risks when you aren’t financially secure. Financial freedom opens up a world of possibilities
for you. Waiting to take that world tour? Go ahead. Planning to shift to a different country and settle? This is the
time. Waiting to make the switch to a new career? You’ve got this. Planning to build your start-up? Go right ahead.
ICICI Prudential Freedom SIP could give you the chance to achieve financial freedom. It not only helps you create
wealth to meet your expenses but also to use your precious time to do what you like. This feature lets you invest in
a disciplined manner and also gives the benefits of regular money.
www.icicipruamc.com/icici-prudential-freedom-sipp
Disclaimer:
ICICI Prudential Freedom SIP is an optional feature that allows initial investments through SIP, switch to another
scheme after a pre-defined tenure and SWP post that. The SWP will be processed either till Dec 2099 or till the
units are available in the target scheme, whichever is earlier. This feature does not in any way give assurance of
the performance of any of the Schemes of ICICI Prudential Mutual Fund or provide any guarantee of withdrawals
through SWP mode. Freedom SIP allows investors to switch the SIP investments to a target scheme, and post completion
of the SIP tenure & monthly SWP will continue from the target scheme. Please read the terms and conditions in
the
application form before investing or visit www.iciciprumf.com. This facility should not be associated or confused
with Freedom SWP; the two are separate facilities provided by ICICI Prudential AMC Limited.
Mutual fund investments are subject to market risks, read all scheme related documents carefully.
