Critical thinking is all about evaluating available choices and making wise decisions. The decision one makes determine how his or her future will be like. In this paper I will show how critical thinking can help a person in attain financial freedom.
It is important to think critically and act swiftly because it enables a person to make sound decision that are based on facts and can give a person first mover advantage. For example, based on the pains people have undergone through due to the covid-19 pandemic it is necessary for individuals to organize themselves and plan for unknown. No one knows what tomorrow holds but one can plan for it today. People lost jobs due to the pandemic and as result they were left without a source of income. Those who had no saving or an emergency fund account really suffered. This taught me to create an emergency fund account to caution the shocks of life that may come in my life.
Having a plan and a financial health enables a person to concentrate on his duties without being worried of what lies ahead in the future. The plans enable one to know how to respond to issues that may crop and how to meet the regular needs. For example, a person with a plan of how to spend the salary earned is in a better position to make wise choices. Such a person can be able to make spending adjustments when needed and can prioritize on what to spend on.
In conclusion, financial freedom can be achieved if a person has a financial plan. The plan acts as compass showing where a person is heading. And if a person realizes he or she is lost then changes can be made at ease and swiftly.
