Financial freedom – What would it mean to you?
What would your life be like, if you never had to worry about money again and only had to work if you wanted to? What kind of work would you do, if you weren’t doing it for the money? I know this might sound like a dream scenario that would only possible for a few selected people who come from a rich family, but I’m here to tell you something else. You can do it too! I’m even going to show you how to do it, by doing it myself.
So, what is this page all about?
In short, I’m going to document my journey to financial freedom. I will share all my wins and failures, profits and losses.
Why would I do that?
– Mainly for practical reasons, to make it easier for myself to follow my progress.
– To prove that financial freedom is achievable for ANYONE.
– To inspire others to take responsibility for their financial destiny.
Let the journey begin
Are you ready to live without financial worry or stress? Fasten your seat belts, you are about to go on a fast paced ride to becoming financially free!
Well, fast paced might be a bit of an exaggeration.. For most people, it will take several years to achieve financial freedom in a way that doesn’t depend on chance or luck. We will use a proven strategy that cannot fail, as long as we are persistent.
It’s a marathon, not a sprint
As Earl Nightingale said; The time will pass anyway! Your future self will thank you for the decisions you make TODAY.
Just to make sure we are on the same page
I’m sure you’re already familiar with the terms “Financial freedom” or “Financial independence”. Here is a short description that describes what financial freedom means to me: “Accumulating a critical mass of money that produces interest or capital gains equal to my expenses.”
That means there’s two sides to the coin – Income and expenses. To achieve financial freedom sooner than later, we need to focus equally on both! Make more money AND simplify your life style.
Freedom first, riches second
When we have achieved the first level of being financially free, we never have to worry about money again. Ever! Our first goal is to reach a monthly cash flow that pays for our current life style without being dependent on a job. When we have achieved what I call “The first level of financial freedom” then we will focus on getting rich.
You can be as rich as you want to after you have achieved financial independence. Trust me, when I say that time and freedom is more important than being rich.
“Money doesn’t make you happy” – Poor people
This is not about getting rich just to have a lot of money, living in a mansion, driving Ferrari’s and drinking champagne and eating foie gras all day. Money is just a tool. The goal is bigger than that. Freedom to do whatever you want. Work, play, travel, helping others, you are free to do things that really matter to you.
It’s not rocket science
This is really basic stuff, but you’d be surprised how many people know about this but don’t do what they already know. In psychological terms, this is often called “The knowing/doing gap”. And I understand them, I used to think the same way. The goal of financial freedom seems out of reach and we tend to do what other people do – Use our money to pay for expenses and things that give short-term pleasure.
Short-term pleasure causes long-term pain
Once you realize, the things you buy now for short-term pleasure will cause long-term pain, it’s actually quite easy to start investing and to focus on getting financially free as soon as possible.
Most people do what their friends and family do. They buy houses, new cars, fancy clothes and all the new technology that’s available, just because they can afford it. You can do that too, if you want to work every day for the rest of your life.
I prefer short-term “pain”, long-term pleasure!
All the things you want will be yours, just at a later stage of life. I love this quote from Wade Cook: “If you will do what most people won’t do for the next few years, then you can do what most people can’t do for the rest of your life.”
And speaking of pain.. The pain you might feel by not taking your life style to the next level right now, might not be so painful after all. Yes, you will miss out on a few material things and eat less out, but most of us living in Europe are enjoying a pretty comfortable life style compared to the rest of the world.
Let’s do this together
I will help you being committed to staying on the road to financial freedom and show you investment opportunities a lot of people don’t even know existed.
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