Where Are You on the 7 Levels of Financial Freedom?

World Financial Planning Day 2025

Each year, World Financial Planning Day is a reminder to pause and take stock of your financial wellbeing. Whether you’re just getting started or already building long-term wealth, financial planning is what helps turn goals into progress - and progress into freedom.

The 7 Levels of Financial Freedom is a simple framework that shows how your financial confidence and independence can grow over time. From “just getting by” to full financial independence, everyone’s journey looks different - but the next level is always within reach, with the right plan to get there.

Be honest with yourself: where are you today - and where do you want to be next year?

1. Awareness

This is where it all begins.
You start paying attention to your finances, tracking where your money goes, and setting clear goals. Awareness brings control - and control is the first step toward freedom.

2. Independence

You can now support yourself financially without relying on others.
It’s a powerful milestone that often comes with the first steady income, good budgeting habits, and reduced financial stress.

3. Stability

At this stage, you’re no longer living paycheque to paycheque.
You’ve built a buffer, managed your debts, and can handle everyday expenses without anxiety.

4. Security

You’re debt-free (or close to it) and have a strong emergency fund in place.
You’re financially protected from most surprises - and that peace of mind makes a big difference.

5. Flexibility

Money gives you options.
You could afford to take a few months off work, travel, or retrain without derailing your finances. You’re starting to feel real freedom of choice.

6. Freedom

Your assets can now sustain your lifestyle.
You’ve moved beyond worrying about income, and you’re able to focus on living life on your terms - work becomes a choice, not a necessity.

7. Abundance

This is the ultimate level.
You’ve built more wealth than you’ll ever need, and your focus shifts from earning to enjoying and giving back. Abundance isn’t about luxury - it’s about lasting security and impact.

How to Move Up a Level

No matter where you are right now, the next step is within reach.

Start with a clear plan that reflects your life today and your goals for tomorrow. A Certified Financial Planner™ can help you identify priorities, structure your savings and investments, and put the right protection in place.

Because financial freedom doesn’t happen overnight - it happens with a plan.

Take your next step this World Financial Planning Day.

Book a consultation with a Certified Financial Planner, or email us at advice@fpms.ie.