Have you achieved it? Can you define it?
There are a number of definitions floating around about what "financial freedom" really is. I personally like Robert Kiyosaki's definition of "passive income exceeding expenses" with "passive income" being defined as "income requiring less than 1 hour of your time per month". That may sound like a tall order, but there are a number of ways to generate that kind of income including real estate, online businesses, network marketing and others.
I'd like to encourage a discussion about how you can achieve your own financial freedom. I'm not a big fan of the 40 year plan of Home to Work, Work to Home only to retire with very little to show for all of that effort. Did you know that virtually everyone of us in North America will earn over $1,000,000 in our working years. Even if you only ever made $30,000/yr, you'd have made over $1 million before you retired. The trick is to make that million faster and keep more of it.
What are you doing to have the freedom you deserve? Do you have your own business? Have you created a website? Did you buy a second property? Are you investing in yourself where the best return on investment is found?
Dan_Giercke
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Dan_Giercke (Guru and Wealth Strategist)
2 months, 1 week agoHave you achieved it? Can you define it? There are a number of definitions floating around about what "financial freedom" really is. I personally like Robert Kiyosaki's definition of "passive income exceeding expenses" with "passive income" being defined as "income requiring less than 1 hour of your time per month". That may sound like a tall order, but there are a number of ways to generate that kind of income including real estate, online businesses, network marketing and others. I'd like to encourage a discussion about how you can achieve your own financial freedom. I'm not a big fan of the 40 year plan of Home to Work, Work to Home only to retire with very little to show for all of that effort. Did you know that virtually everyone of us in North America will earn over $1,000,000 in our working years. Even if you only ever made $30,000/yr, you'd have made over $1 million before you retired. The trick is to make that million faster and keep more of it. What are you doing to have the freedom you deserve? Do you have your own business? Have you created a website? Did you buy a second property? Are you investing in yourself where the best return on investment is found?