Fundamental Truths About Financial Freedom

Financial freedom may seem like a nebulous concept for most people. It feels way too far away from reality to be feasibly attainable. It’s a dream that gets packed away in the closet when the bills come due each month. Whenever you feel hopeful, you pull it out and dust it off, examining the possibilities for your future that it holds. Sensing that it takes time and effort to open the box and unleash those possibilities, you gently cover it back up and store it in the linen closet once again.

The next time you feel the urge to uncover the dream of financial freedom, don’t hesitate to open that box, knowing that you’ll be armed with the most fundamental truths about money and financial freedom.

Money Cannot Buy You Happiness

It’s a well-renowned idea that abstract concepts, like love and happiness, can’t be bought with money. While it’s true that the things you can buy with money can engender feelings of joy and affection, the truest happiness and love come from immaterial pursuits.

Money cannot buy you happiness. Money cannot buy you love. But, money can buy you something better, something that can foster the growth of those two ideals. Financial freedom can buy you time: the most precious resource on the planet. Once it’s used up, it’s gone forever, and it keeps ticking by, no matter how hard you wish it wouldn’t. Having enough money not to have to trade your hours for dollars allows you to spend time with your loved ones. Financial freedom allows you to determine your own happiness and to devote your resources to loving everyone around you more intentionally.

Money is Not the Root of All Evil

To be clear, this is an often misquoted Bible verse. It’s 1 Timothy 6:10, and it doesn’t say, “Money is the root of all evil.” Instead, it specifies that the “…love of money is root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows.”

In the end, money is not the root of any evils. It is only when people are overcome by greed or feel an intense need for money that evil arises. That love of money causes people to lie, cheat, steal, and more just in the pursuit of that peace of mind that comes with having money.

When you’re comfortable in your financial freedom, you don’t love money. You enjoy what it can do for you, but you’re not clamoring for it. There’s no need to resort to evil to attain it. Now, that’s true peace of mind.

Money Won’t Set You Free

Simply having money won’t set you free. Financial freedom is about more than just having loads of cash stashed away. It’s a mindset that allows you not to worry about having to grind day in and day out to maintain your lifestyle.

Money can’t and won’t set you free. Only you can set yourself free.

Leslie WolgamottFundamental Truths About Financial Freedom


Join the conversation
  • Nola - April 2, 2017 reply

    …yet freedom isn’t free, it’s bought with a currency of courage, commitment, and conscience! Seek freedom!

  • Paul Wilson - April 2, 2017 reply

    First class website Leslie. Thank you for all you do and for being such a great example of an “All In” life. I love what you said about money, that it wont set you free, only you can set yourself free!

    Hadija - April 19, 2017 reply

    100% agreed!!!

  • Loyd Gonzalez - April 2, 2017 reply

    This is really awesome! This is the first of all the blogs I will read. Thank you and your husband for having a servant heart and show the plan or board plan even when you don’t probably want to. Anyways just want to say thank you! 🙂

  • Joe Green - April 2, 2017 reply

    Love the classification of the bible verse regarding the love of money! Something I hear so often. Amazing the speedy travel of misinformation.

  • Sue - April 2, 2017 reply


  • Chris Music - April 2, 2017 reply

    Freedom is a mindset and “Through discipline comes freedom.” (Aristotle)

  • Mathew - April 2, 2017 reply

    Great message! I agree, money is just a tool.

  • G. Cardona - April 2, 2017 reply

    Wow, I love how you broke down the Bible verse. It’s true most people do confuse that 1 Tim verse and run with it. Money won’t set you free but the peace of having it will surpass any poverty person mindset. If we all can think like this I do believe the world would be a better place.

  • Diana Levy - April 2, 2017 reply

    Thank you for this post. It is very true only we can set ourselves free. Thank you Leslie for all you have done and continue to do. You truly are an amazing person!

  • Jay - April 2, 2017 reply

    Very true! Proverbs 6:1 and following tells us not to get into debt, and if we have, to work hard to get out of it. Proverbs 22:26 tells us not to get into debt. Many of us have financed our lifestyle and have loved what money can provide, and borrow to get. I know first hand how this trap feels. Many times I’ve had to make choices based upon my need to pay my debt instead of making a decision based upon what is best for my family. Financial freedom alleviates making decisions based on love for money such as I’ve done because I have borrowed and have to re-pay.

  • Caitlin Santos - April 2, 2017 reply

    Fantastic Blog! Awesome to see truth being posted!

  • Dr. Stephen Zwart - April 2, 2017 reply

    Great post! You hit then bail on the head talking about what financial freedom guys: time! Love it.

    Dr. Stephen Zwart - April 2, 2017 reply

    *the nail
    Fat fingers I guess today!

  • Michael Disalvo - April 3, 2017 reply


  • Josh Blanchard - April 3, 2017 reply

    Leslie you and Jeff truly live what you preach!! Thanks for always being such great mentors to Juliana and I. We are very grateful for your love and support!!

  • Brianna Mitchell - April 3, 2017 reply

    I love this! Awesome website. Thanks for posting

    Hadija - April 19, 2017 reply

    So good!!!!!!!!!!! Thank you for this!!

  • Vido Flores - April 3, 2017 reply

    A great mentor of mine taught me that money is a neutral tool. But having a lot of it will reveal your character depending on how you use it! Thank you for being a great example of a servant leader.

  • Tayler - April 3, 2017 reply

    Great post 🙂

  • Krista Larson - April 3, 2017 reply

    “Financial freedom allows you to… devote your resources to loving everyone around you…”
    What an awesome line! That’s always been my dream!
    Thank you for sharing your wisdom with us, Leslie!

  • JIm Mott - April 3, 2017 reply

    Leslie is a great mentor, financial freedom allows you to have personal freedom, which should be all of our goals. Thank you Leslie

  • Stephanie - April 3, 2017 reply

    Thank you for your incredible inspiration!

  • Aimy - April 3, 2017 reply

    Love this Leslie! Thank you for always sharing your wisdom and being such incredible mentor to us. Daniel and I are so grateful for you and Jeff! Thank you for all you do.

  • Jeff - April 3, 2017 reply

    Leslie, thank you for being a women of strength and standing behind your words with action. Great post!!!

  • Jamie - April 3, 2017 reply

    Amazing post!

    Ryan - April 4, 2017 reply

    Yes it is!!

  • Ryan little - April 4, 2017 reply

    A true woman of strength !!!!!

    Josh Blanchard - April 26, 2017 reply


  • CJ - April 4, 2017 reply


  • Paul jay - April 4, 2017 reply

    Time is the currency of the wealthy and FREE…..and you and Jeff certainly Live it !

  • Boni - April 4, 2017 reply

    This is awesome Leslie! Thank you!!

  • Carlos Zarraga - April 5, 2017 reply

    Thank you for sharing your wisdom.

  • Thomas Griffin - April 5, 2017 reply

    An excellent website, and great blog on success Leslie! So excited for WWdb always growing and improving to stay modern and progressive!
    Thank you, Leslie and Jeff

  • Amber Ericcsan - April 5, 2017 reply

    This is amazing!!

  • Veni & Lupe Tauanuu - April 6, 2017 reply

    Thank you, Leslie & Jeff! This was an Awesome read. Always a blessing to learn from you. Love you guys!

  • Cristin Tustin - April 6, 2017 reply

    Spot on!! Thank you Leslie for your words of wisdom but more importantly, your example!! “Financial freedom…it’s a mindset..”

  • Kendall - April 7, 2017 reply

    Love this website, Leslie!
    Thanks for all you do! ❤

  • Heidi Elking - April 9, 2017 reply

    Thank you Leslie, for being a phenomenal leader and someone so many can look to to live out their dreams! Financial Freedom is a huge dream for me and my family!!

  • Jordan L - April 10, 2017 reply

    Thank you Leslie and Jeff for sharing your insight!

  • Chelsea Orenzo - April 10, 2017 reply

    “Freedom is never more than one generation away from extinction. We didn’t pass it to our children in the bloodstream. It must be fought for, protected, and handed on for them to do the same, or one day we will spend our sunset years telling our children and our children’s children what it was once like in the United States where men were free.” –Ronald Reagan

  • Brett Dennler - April 11, 2017 reply

    Great site Leslie, thank you for standing strong and being a lighthouse for those who are in the storm.

  • JD Daniels - April 12, 2017 reply

    Leslie is the authentic image of success and inspiration. She has positively touched the lives of thousands of people around the world. Thank you and God bless you and your family.

  • John McKirdy - April 12, 2017 reply

    I love it!! Money simply amplifies your character. That’s why I appreciate what you do so much because you encourage ppl not just to become financially free, but to become the best version of themselves in the process. Thank you

  • Jeff - April 15, 2017 reply

    Excellent site!

  • Stephanie - April 17, 2017 reply

    Love your comments on this topic! “Money can’t and won’t set you free. Only you can set yourself free.” So true! THANKS! <3

  • Ellen M. - April 19, 2017 reply

    Great insight from someone who has lived on *both* sides of the coin – in financial bondage and in financial freedom! The point that money can buy time is really impactful for me. It will give me the time to impact my family and community in the ways I want to. Money will also give me the resources to fund causes that I care deeply about.

  • Michelle E - April 23, 2017 reply

    You’re amazing Leslie!

  • Enoch A - April 23, 2017 reply

    Amazing, love the truth in here!! 😀 Couldn’t be said any simpler and truer.

  • Brent - April 24, 2017 reply

    Amazing ! So happy to see this info.

  • Cheryl Moyd - April 26, 2017 reply

    I LOVE that there is a “counter cultural” mentality about money–which is beautifully represented on your webpage! Financial freedom helps us all move toward greater equality in life. If we can all take responsibility for our financial literacy and access mentors in our life where financial freedom is taught and cultivated, we can all help move our communities forward.

  • Jan - April 27, 2017 reply

    Great post!

  • Carlos Zarraga - May 7, 2017 reply

    1 Corinthians 13

    Thank you for the love ❤️

  • Teigen - May 8, 2017 reply

    Freedom isn’t free – it needs to be earned. Thanks Leslie for showing the way of what true financial independence can look like for a family.

  • Diane - May 27, 2017 reply

    If only they would have taught us this way of thinking in high school, as a required “general” subject! Thank you, Leslie, for being a stellar example of what we ARE capable of achieving and becoming, no matter “where” we come from. You are an awesome mentor to thousands–what an amazing system to even make that possible!

  • Travis - June 7, 2017 reply

    Money isn’t evil just a tool. Couldn’t agree more.

  • Amanda - June 15, 2017 reply

    Blessed to be a blessing!

  • Tom C - July 10, 2017 reply

    The clarification of 1 Timothy 6:10 is great. Money doesn’t change your character, it magnifies your character.

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