I think of myself and people as walking balance sheets, where things can be assets or liabilities, and the resulting equity (A minus L) is the amount of freedom you will have in your life.
The "core operating asset" - skills x passion x time available x market demand/role fit - basically, if you have a skill that you are passionate about, that you have time to do, and whose output (channeled through a role) society values highly, you are an extremely valuable person.
Your liquid and illquid wealth less current debt
Your friends - they can support you
Your family - they will support you
Your network - they can prove of use to you
Your job - believe it or not, your job is a set of obligations that you must perform on a regular basis. The more things you have to do at work, the more your work is a liability. This one usually lines up with your COA - the roles which compensate you highly for your skills, passion, and time are typically those with high obligations in this area.
Your family - obligation to support them
Your friends - you must support them as well
Your network - you must feed your network to have it grow
These lists are incomplete, of course. What's left is equity - your personal equity that you actually own.
Thinking about this through the lens of leverage, then, brings a new perspective to freedom: to be free, you must run an unlevered balance sheet, or one that is as unencumbered as possible. In contrast, a levered balance sheet is intrinsically risky - you will have to be much more cautious about choices involving your "core operating asset".
This is useful to analyze other people. You can start to understand how far people can be pushed or prodded or what type of choices they will gravitate towards. Generally, people underestimate their future liabilities and overestimate their future potential, so this has implications on their balance sheets as well; you can use this to get them to do things.
One other thing: the most special thing you can do, of course, is transfer some personal equity from yourself to someone else. Generally this involves a ring and lots of flowers.