Ari Rastegar is the founder of Rastegar Equity Partners in Dallas, Texas. He founded the firm in 2015 with the goal of building wealth for his clients.
Everyone, he says, is working for financial freedom, but he says the term means different things to different people. “It’s being able to look at your life in a way, define what your income is, and define what your costs are – on a monthly basis, on a yearly basis – and be able to live with a certain amount of breathing room, and not constantly having to chase something that doesn’t exist.”
Financial freedom also means not feeling beholden to your finances, so that you can live your life the way you want to. But he says such things are relative. “You have people in certain walks of life that have their house paid off, and their kids are taken care of, and they live a life of freedom. But any time that you’re looking at a situation where you’re constantly not able to afford, or your spending habits are outpacing the lifestyle that you’re living, you’re in a slavery.”
There are many ways to achieve financial freedom – as many, in fact, as there are definitions about what financial freedom really means. And in the final analysis, each of us must decide for ourselves what financial freedom means, and how it fits.
“Financial freedom is not being a slave to money,” Ari Rastegar said. “It’s behaving and acting in a certain way, without having to ask your money for permission.”