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
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.