Ep 32: The Three Levels of Financial Freedom
Description
For most people, financial freedom is the end goal and financial stability is just a step along the way. This is how this roadmap works and if you’re not sure when you are financially stable, there are 3 levels that can help you identify where you are and how far you’ve got until you achieve your financial goals.
Listen to this episode to learn more about getting on the right path to financial freedom, achieving financial stability, and what the 3 levels are to help guide you on your journey!
Key Talking Points of the Episode
00:00 Introduction
01:21 What is the first level of achieving financial freedom like?
04:26 What are the key pieces of level 1 in achieving financial freedom?
06:28 When do you get to level 2 of achieving financial freedom?
09:04 How will level 2 of achieving financial freedom help you gain confidence?
11:35 How does getting to level 2 give you options in life?
14:02 What is level 3 of achieving financial freedom?
16:30 How does level 3 change your life completely?
18:22 What is the importance of getting through the hardest part of financial freedom?
20:05 What does it take to get on the right path to financial freedom?
Quotables
“Basically the only thing between you and financial freedom at this point is time.”
“When you have the confidence to leave your 9-5 to do something you love, your energy follows it.”
“When you’re at that point, your life changes entirely. You don’t need people, you don’t need to make an income, you don’t need all of these other things and therefore, more money typically comes to you.”
Links
Website: Budgetdog