What is Financial Freedom

Financial Freedom sounds lucrative but what does it actually mean – firstly I want to discuss what it isn’t:

Financial Freedom is NOT:

  • Making 7 figure salaries or becoming a millionaire
  • Continuously spending money
  • Being rich or being wealthy

Most people believe that financial freedom is having an abundance of wealth, residing in massive mansions and having vacations every month – and with that people think financial freedom is so far out of reach they don’t even try to pursue it.

Thankfully Financial Freedom is way more attainable than most people think.

So what is Financial Freedom?

Financial Freedom is having enough passive or risidual income to cover your living expenses

When you become financially free you get to have the ultimate luxury which is CHOICE – you get to wake up and do what the hell you like with your time – you can do what you want, whenever you want, with whomever you want.
 
So, now you know what financial freedom actually is – I want to show you how simple it is to actually get there – let’s talk numbers.
 
There was a study done where people were asked – what amount of extra monthly income would make a huge impact on your life?
 
Ask yourself that question!
 
The Answer in this case came out at $1000 – imagine you had an extra $1000 of income each month – every month – would it change your life dramatically? For most people the answer is YES!
 
If you were wanting to earn an extra $1000 per month – let’s say to top up your income – and you had a product online that made you $35 per month (which are easily found or created) then you would only need a list of 29 people paying you $35 for your product and if this product was a monthly recurring payment then that’s over $1000 in your bank every month – let me tell you now it takes no time at all to build an email list of just 29 people – I know many marketers who have lists of 1,000’s even 10’000’s – and that’s when recurring incomes get crazy!
 
Now, an extra $1000 every month sounds pretty good right – but will that make YOU financially free??
 

How to Become Financially Free?

To become financially free you are going to need multiple streams of income – and we teach exactly how to achieve this in our training within this website.

I say multiple streams of income because it’s very hard to become finacially free with just one income – having the outgoings of an average person and earning a single income doesn’t leave much in the bank – right!

The second part of being financially free is to know how much money it will take to cover all of your life costs – which we can look at now in the next lesson.

We will work out together what your financial freedom number actually is.