Today I’m going over Financial Freedom Lesson #1 – How to Fund, Invest and Live Off the Earnings of a Financial Freedom Account. How to Fund a Financial Freedom Account The first step towards financial freedom is designating some of your money to become your financial freedom account(s). I started with my work 401K and …
After helping myself and coaching clients, I’ve found that there are 7 milestones that are important on the journey to Financial Freedom. When you pass each milestone, you’ve made a big step towards your Financial Freedom. Milestone #1 – Start Saving Most people get stuck here. They save only to spend. Some people never save. …
In this blog I’m going to show you 25 examples of passive income investments. I’ve noticed that when I meet people, most of them want passive income but they have no idea how to do it. So I’m putting this together as a guide to those who want to make passive income and don’t know …
Step 1: How much passive income do you want to make every month? Really, how much? Answer my question. I’m waiting…. Got it yet? Are you sure that’s the amount that you want? Be sure. Remember, passive income is money you make without working. You could go on a vacation for 2 years and still …
“How do I know if an investment is good or not?” This was the question I got from one of my Finance Freedom mastermind members about half a year ago. It is a good question. So this post is dedicated to the answer to the question – How to find an investment with the right …
Study Declares Birthrates Decrease BEFORE Recessions According to an article published on May 9, 2018, decreasing birthrates often precede an economic recession…why? According to the study, before the last 3 major recessions birthrates started to decline. The reason for this early signal that the economy is heading for recession is that people are the …
I was put in touch with a wealthy real estate investor who used to have his own financial advising firm. He told me that stocks were not a good investment compared to real estate. His reasons were that when you own real estate, you know what is happening with your investment. You are a true …
You might think that creating financial freedom would involve creating a business, or making a lot of money…but the actual work that you need to do to create financial freedom is to track 4 numbers – Cash Flow, Passive Income, Net Worth and your Financial Freedom Account. I learned this skill initially from T Harv …
How To Create Passive Income With Airbnb So, you heard or know people making money with airbnb to pay their mortgage or just to make extra income and you’re interested in giving it a go! Well, here is how to identify and analyze whether your airbnb opportunity will make you have passive income or not. …
Conclusion Back in 2011 I had over $30,000 in credit card and line of credit debt, was living paycheck to paycheck and was stressed out over my lack of success in my financial life. In April of 2016, I became debt free and had a monthly passive income stream. I quit my job on December …