Summary
- Retirement doesn't have to mean stopping work forever because you're old. Instead, it's about having money from investments cover your lifestyle.
- Society often expects you to work until you're no longer deemed useful, then retire on whatever savings you've managed to gather.
- A more empowering idea of retirement is when your investments provide enough passive income to let you work on what you want, no matter your age.
- I believe in working on projects that bring joy and purpose, rather than just for money.
- Financial freedom means having the choice to control your schedule and focus on the things that really matter to you.
- It's about finding the balance that allows you to engage in activities that excite you without the stress of financial constraints.
Video
How To Take Action
I'd suggest setting clear goals for what financial freedom means to you. Think about the lifestyle you want and how much money you'll need monthly to support it without working for income. This gives you a target and motivates you to start saving and investing.
A good way of doing this is by starting small. Begin by setting up a monthly budget and identify areas where you can cut costs. Use these savings to invest. You don't need to be an expert overnight; learn about different investments gradually. Reading or listening to podcasts on investing can be a low-cost way to gain knowledge.
Embrace the idea of working because you want to, not because you have to. Identify passions or projects that excite you. Even if you can only dedicate a small amount of time, begin integrating them into your life. This practice shifts your focus from just earning money to finding joy and purpose in your work.
Explore passive income ideas like digital products or online courses. These can be created with little upfront cost and can generate ongoing income.
Lastly, always prioritize balance. Spend time on activities that excite you and reduce stress. This helps keep your journey toward financial freedom enjoyable and sustainable.
Full Transcript
the conventional brainwash definition of retirement is when you leave your career permanently to stop working forever usually because you're old that sounds sad because it is sad Society wants you working up until the moment that you're not useful anymore and at that point you can take whatever money you manage to save up until that point and quote enjoy it that is if you even have the energy to enjoy it at 65 years old here's the definition of retirement that they don't want you knowing about it's when the passive automatic income from your Investments pays for your lifestyle at your desired lifestyle level allowing you to work on whatever you want regardless of your age now I'll be straight with you I don't think I'll ever stop working I like building things but like everyone I would love to know in my bones that I don't need to work just for the money Financial Freedom gives you the freedom to work on projects that give you purpose and joy and most importantly on your own schedule so you can prioritize the things that are important to you thanks for watching and remember to subscribe for more videos just like this one
