Here Are The 8 STEPS To Become Financially Free! - Ep 51
Description
How can you achieve financial freedom and create a life where you choose how to spend your time? In this episode of The Donkey and the Bee, Laura and I share the eight essential steps to reach financial independence. If you're looking to surpass your active income with passive income and gain the freedom to decide when to work and when to relax, this video is for you.
What does financial freedom mean to you? How do you set a realistic financial freedom number? We start by breaking down the concept of financial freedom and offering a simple definition: the ability to live indefinitely without needing more active income. Learn how to calculate your financial freedom number and set a clear goal for your journey towards financial independence.
What are the practical steps to build a financial plan that works? From creating a budget and decreasing expenses to increasing income and paying off bad debts, we cover it all. Discover how to save to a sacred account, learn a niche to invest in, buy assets, and ultimately compound and repeat the process. Each step is designed to help you build momentum and move closer to your goal of financial freedom.
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