Being financially independent is something that most of us strive to achieve, regardless of the age or phase of life we are in. The truth is that it is very difficult to achieve this dream and it often remains a dream. In order to get to this goal, you need to start with detailed breakdown of your finances, analyzing the current state of it and then creating the list that will have criteria you would need to meet in order to feel financially independent.
Key Takeaways:
- Those that imagine that becoming financially independent requires a windfall of millions of dollars are on the wrong path.
- Acquiring financial freedom requires being super clear about your needs and what it costs in dollar amounts. Then to achieve it break it down into doable chunks.
- Start by understanding how your weekly pay equates into a number that actually makes it into your bank account and what that means per day.
“Lots of people dream of being “financially free”. But for most of them, it’s never more than a dream – not because it’s impossible, but because they never work out what it actually means.”
Read more: https://www.propertygeek.net/blog/financial-freedom-calculation/
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