Financial Freedom

7 Levels of Financial Freedom 

1. Calrity, when you figure out where you are and where you want to go

2. Self-sufficiency, when you earn enough money to cover your expenses on your own

3. Breathing room, when you escape living paycheck to paycheck

4. Stability, when you have six months of living expenses saved and a bad debt, like credit card debt, repaid

5. Flexibility, when you have at least two years of living expenses invested

6. Financial independence, when you can live off the income generated by your investments forever so work becomes optional 

7. Abundant wealth, when you have more money than you'll every need 

 

Set smaller goals along the way and push as quickly as you can to reach them. Celebrate each success in a small way to mark the milestone. No matter how long it takes, just keep at it. 

Financial freedon - the ability to do whatever you want with your time. 

 

Step 1: Figure out your number 

Step 2: Calculate where you are today

Step 3: Radically shift how you think about money 

Step 4: Stop budgeting and focus on what has the biggest impact on your savings

Step 5: Hack your nine-to-five

Step 6: Start a profitable side hustle and diversify your income streams

Step 7: Invest as much money as early and often as you can