Will Making $50,000/mo Make You Financially Free?

…Mey here on a beautiful Tuesday evening, listening to the crickets singing outside my window here in Honolulu, Hawaii, writing today on the question Will Making $50,000/mo Make You Financially Free?

…I asked this question to a couple of young security guards today at Ala Moana Mall and their answer was “Of course, that a lot of money!!!”…

…well, sit tight and get ready for some real life stories that may change your thoughts on this question…

REAL ESTATE INVESTOR STORY

…there’s plenty of people with this story, including Tracy Walker, who I know through my internet marketing business…

…the market is hot and she’s selling up to 4 properties a month with a profit on each sale of about $30,ooo!

…high on life, she’s going on trips, buys a nice house, a hummer, a lexus…

…and then when the market crashes her wealth is gone faster than it came…

…house forclosed, cars repossessed and eating on food stamps…

…why?

…no financial planning, no savings, no smart investing…

…just living as if the money train would never end…

…since then, she’s started fresh in internet marketing and this time she is saving her money wisely…

FOOD TRUCK OWNER STORY 

…my ex’s Mom owned a food truck in Taiwan…

…it was a pretty humble food truck that her family would take out and man everyday from the afternoon until the evening…

…and it was tough work, and it was dirty hot work…

…people paid for their food in dollars, and every pot, laddle, bowl and lid was hand washed every evening…

…I know because I helped wash, and clean and saw them prep everyday…

…and that mom was able to raise 5 children…

…she was able to buy her children apartments in cash, in Taipei, which is not exactly a cheap city to live in…

…not only that, when her mother in law was sick, she was the one who paid for her to have her cared for…

…how did she get the money?

…savings and wise investing…

Your Story…

Now, the point of these stories is not to say that $50,000/mo won’t make you rich…

…it is a blessing and if saved and invested wisely will create financial freedom very fast…

…however, financial freedom is something that one must earn through saving and proper investing…

…so that one’s money makes enough money so that you no longer have to trade your time for money…

…most people do not grasp this when they start making money…

…most people spend more than they make!

…what about you?

…are you going to choose financial freedom?

…because it doesn’t matter how much money you make…

…financial freedom is within your reach if you only start following the steps of saving and wise investing…

…so tell us, in the comments below, and be honest, what would you really do if you were making $50,000/mo?