Financial Freedom

What is financial freedom?

Financial freedom is the status of having enough income to pay one’s living expenses for the rest of one’s life, without having to be employed. It’s not how much money you make, but how much you keep. Focus on passive or residual income, examples include:

• Dividends
• Rental income
• Royalty Payments

The journey to Financial Freedom involves learning from individuals who have acquired wisdom through years of experience. It is important to note that it won’t be an overnight change, it’s through continuous effort.

Choosing an attainable goal and getting used to small achievements will build confidence as you hone your money management skills.

Saving a small amount each paycheque and gradually increasing the amount as you become more and more comfortable with your process, eliminates frustration and impracticable goals.

Saving 10% each time you get pay is the recommended amount, however; we recommend saving a lot more than that if you really want freedom.