"Real financial freedom is about owning your life"

A great article describing the relatively new phenomenon of running a personal "deficit" budget by relying on the abundant debt now available to Canadians. I love these articles that highlight how we have lost touch with the basic principles of spending less than we earn (saving) and living within our means. The end of the article sums up what this whole blog is about:

Financial freedom isn't about having everything you want. It can't be. In a world of nearly infinite shrewdly marketed consumer choices, most people must eventually face that there are more things to want than there is money to pay for them.

Real financial freedom is about owning your life - your choices, your money, your time, your independence - and not owing it to someone else.