Finance & Fury Podcast
Archive: Steps to Success - Step 11
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:14:58
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Sinopsis
There is a quote by the Roman Politician, Cicero. "What then is freedom? The power to live as one wishes." In this episode, we will discuss how to gain freedom through financial independence. As Cicero said, what is freedom if not to live your life the way you want? This means not being beholden to a job, being able to travel, live where you want and go after what you want. So, what does it take to achieve financial freedom? It is really simple, having enough passive income to pay for your expenses. If you have investments which can pay a passive income to cover your expenses, then your only reason to work is because you enjoy it. This is where money can buy happiness through doing what we enjoy and is meaningful. If you want to have financial freedom, you need to decide what this looks like for you and plan on how to achieve this! This can be broken down in to six steps to work through and then implement: Determine what income you need to cover your costs. How you generate a passive income? Reverse engineer