How to set your Financial Freedom figure
Financial Freedom is achieved when you receive enough Passive Income to cover all your living expenses. Passive Income is the money earned without using your time. You can choose to retire from your day job at that point if you wish. Most people make the mistake of only setting one Financial Freedom figure. Our book RETIRE NOW! recommends you always set three Financial Freedom levels.
Financial Freedom Levels
- Financial Independence
- Financial Freedom
- Financial Abundance
We explain how to set each one correctly in the video below.
In this episode we also discuss the “One Thing” that is holding your property investing back. Plus there’s an update on my SSAS application.
Have you set all three yet? How close are you to achieving Financial Independence? Leave a Comment below.
Tune in for next week's episode.
George Choy & Sarah Choy (Financially Free at 39)
George Choy & Sarah Choy | 22 November 2019