Topic: What will you do when you have Financial Freedom? - page 13. (Read 1410 times)
That is my greatest ambition, and I hope it will come true soon. Despite the fact that I am the type of person who is content with what I have, I continually strive for greater heights whenever the opportunity arises. Financial freedom does not imply that you would be lenient and lazy with your finances. You'll need to get up and continue to generate steady passive money. If that financial freedom occurs, my relatives and loved ones will be my first priority to enjoy this moment with me, and the money will be channeled more through charity courses to help those in need all over the world.
Certainly get rid of the 9-5 lifestyle if it's present or do everything to avoid it anytime in the future, supposing that financial freedom derives from another source of income, such as cryptocurrency investments or stocks. My next goal would be to continue investing. I wouldn't rest assured, but I would continue investing my money wherever possible and attempt to have multiple sources of income flowing, from passive sources if possible, such as dividends or staking, to remote working. In the meantime, I'd constantly travel the world. Material stuff doesn't matter; we won't be here forever, and our goal should be something more meaningful than buying a new car or fancy clothes.
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That is, you already have passive income that continues to flow into your account and into your wallet without the hassle of managing your business. because your business and all your companies are managed by someone you trust to manage it. So you just need to sit back or take a vacation every day while enjoying the flow of money that continues to enter your pocket.
That is, you already have passive income that continues to flow into your account and into your wallet without the hassle of managing your business. because your business and all your companies are managed by someone you trust to manage it. So you just need to sit back or take a vacation every day while enjoying the flow of money that continues to enter your pocket.
The "financial freedom" that you define is only one and does not cover all, in fact they are not quite free in some ways because they are still trying to keep that source of passive income as stable as possible over time.
The definition is quite complex and varies based on a person's financial level. My personal opinion, financial freedom is not from the level of achievement, but how I enjoy that achievement. I mean, passive income cannot ensure that someone does not pursue higher financial levels as long as they feel they have sufficient capabilities. That is, there is no opportunity to enjoy the achievements that exist.
I agree with what you say, I don't understand why financial freedom is sought when everyone can determine their life path in their own way. It is difficult to measure the meaning of one's financial freedom, even with different levels of freedom that will not always provide a choice. For example, if you measure financial freedom by having passive income, I guarantee that the higher the income, the greater the expenditure. No one is really satisfied and no one really feels enough with what they have produced.
How much money does a person have to be financially independent? Basically, financial freedom is not available to anyone. If money had limitations, financial freedom would exist. He who has money wants to increase his money. If someone is earning 10000 dollars every month then he will have target how to increase his income as we always have more expectations in our mind we are never financially independent. But if you have a large amount of money, you can do various things with that money. And through money one can change one's lifestyle and live well with one's family. But I would say that a person will be financially independent only when that person has no more need for financial income.
You don't need that much to be financially independent when you are able to work and have your own investment that grows and you have passive income that pays the bill, you have freedom. you don't need to have a huge house beside a lake. You can have a townhouse and do whatever you can do with it. That's financial freedom. He can aim for more than 10k but to some it's more than enough.
I might do things that I have not tried before like going to riding a submarine down to Titanic shipwreck
Consider yourself already have financial freedom at this time. That is, you already have passive income that continues to flow into your account and into your wallet without the hassle of managing your business. because your business and all your companies are managed by someone you trust to manage it. So you just need to sit back or take a vacation every day while enjoying the flow of money that continues to enter your pocket.
Now my question in such a situation is when you already have financial freedom. then what are you going to do to enjoy your life and enjoy that financial freedom?
Now my question in such a situation is when you already have financial freedom. then what are you going to do to enjoy your life and enjoy that financial freedom?
You are already living at everyone's dream, of course, you will use all of that wealth to satisfy yourself by doing the things you didn't do yet, another thing is until when?. People becomes a one day millionaire they keep spending a lot of money with their satisfaction for example the millionaires in the lotto of them spend that money instantly in just a month or a year and didn't goes well they didn't manage it properly and wasted the chance to get increase their lifestyle. The reason why ideal to keep an investment let your money makes more money into you so you don't need to suffer again anymore. Proper money management makes you get out in the poor lifestyle again.
Now my question in such a situation is when you already have financial freedom. then what are you going to do to enjoy your life and enjoy that financial freedom?
Enjoy it with loved ones (parents, wives, children) and share conveniences with those who need it like children who do not have parents.Traveling around the world with them while feeling the special food of each country that will be visited.
I know this is just a series of stories with the intention to refresh my mind and I think this is good for entertaining myself.
Even though the world is currently getting routine income is very difficult, at least it can still fantasize being a person with high income.
How much money does a person have to be financially independent? Basically, financial freedom is not available to anyone. If money had limitations, financial freedom would exist. He who has money wants to increase his money. If someone is earning 10000 dollars every month then he will have target how to increase his income as we always have more expectations in our mind we are never financially independent. But if you have a large amount of money, you can do various things with that money. And through money one can change one's lifestyle and live well with one's family. But I would say that a person will be financially independent only when that person has no more need for financial income.
For sure, you'll get bored with having a vacation anywhere. What's best is that you really want to invest more in the trends of that time, build more companies, and generate more jobs to help other people. That is really what we want for sure, and we also want to gain more wealth for sure, aiming for the top richest man in the world. It is really best to make yourself known to the whole world, but again, this is just my imagination, but if this really happened, then for sure that is what I would do.
Now my question in such a situation is when you already have financial freedom. then what are you going to do to enjoy your life and enjoy that financial freedom?
Financial freedom is what everyone who is not a trust fund baby or anyone born without a silver spoon strives towards. It's the reason why we went to college to get a degree so we can get good jobs with great pay. It's the reason why we believe and are investing in Bitcoin. When I finally achieve financial freedom what will I do?1. I would start a real estate and software company.
2. I would relocate to a country that's a tax Haven.
3. I would start a YouTube channel and recount my journey towards financial freedom and how I got there.
4. I would build a school or two in an impoverished region of world.
Now my question in such a situation is when you already have financial freedom. then what are you going to do to enjoy your life and enjoy that financial freedom?
I want what I dream of to come true with financial freedom, that is to become a life goal and enjoy old age with my family and grandchildren traveling for holidays around the world.That’s a great question. I would travel around the world, meet new people, taste new food, explore new beaches… The other possibility is to start another business and do what you always wanted to do. We all have limited time in this world and we should do what we want to do and have fun. That’s the whole point of living. To have fun. What is live if you are not having fun?
I, for example, want to visit the south America one day. Mexico or Argentina sounds like a great destination. I don’t have enough time and funds to make that trip right now but I hope I will be able to some day in the future.
The goal of many people is always to travel the world to taste many things there, especially for holidays without being affected by any burden because we have financial freedom. I, for example, want to visit the south America one day. Mexico or Argentina sounds like a great destination. I don’t have enough time and funds to make that trip right now but I hope I will be able to some day in the future.
How dissatisfied to visit a country for the first time is the desire of many people, but because they are limited in finances, they are not able to have a vacation abroad.
Invest in bitcoin, if it is more profitable then it can be used to travel abroad.
Of course once I achieved almost everyone's aiming at life, I would start with managing my money first like make sure I have some investment for that financial freedom will last long. If it's assured that already, then I would start buying houses which could be useful to for me since it can be use for rental in case there's no occupant. Then slowly enjoy life with doing the things I love with the person who's with me even before achieving my success.
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Now my question in such a situation is when you already have financial freedom. then what are you going to do to enjoy your life and enjoy that financial freedom?
It's easy to say to other people that they've reached the point where they are financially free, but the reality is, they will, but only for a brief moment. It's because most people aren't contented with what they have especially when we are talking about money? There are people whose dream is to just have a million dollars, and when they reached that price, they will ask for a higher, and a higher amount in the future.Now my question in such a situation is when you already have financial freedom. then what are you going to do to enjoy your life and enjoy that financial freedom?
Anyway, let's just look at the quick definition of financial freedom on one of the websites: https://smartasset.com/financial-advisor/financial-freedom
Quote
Financial freedom is a state of having enough money and assets to live the way you want without being dependent on a fixed income
Take note that term "enough" is a broad word, and sometimes people don't know what's enough for them especially when it comes to money. I guess if a person have enough passive income to support his monthly needs then we can consider that person as a financially free already? Well, TBH I don't know what will I do if I reached that status of my life already. I guess I will just help other people in some ways, and as a person that has a huge empathy to animals especially dogs, I think I'll just help those NGO's that is focused on dogs, and other animals. Anyway, I'm still far from being financially free, but I think I'm having a progress every single day for me to achieve that thing.
The "financial freedom" that you define is only one and does not cover all, in fact they are not quite free in some ways because they are still trying to keep that source of passive income as stable as possible over time.
The definition is quite complex and varies based on a person's financial level. My personal opinion, financial freedom is not from the level of achievement, but how I enjoy that achievement. I mean, passive income cannot ensure that someone does not pursue higher financial levels as long as they feel they have sufficient capabilities. That is, there is no opportunity to enjoy the achievements that exist.
The definition is quite complex and varies based on a person's financial level. My personal opinion, financial freedom is not from the level of achievement, but how I enjoy that achievement. I mean, passive income cannot ensure that someone does not pursue higher financial levels as long as they feel they have sufficient capabilities. That is, there is no opportunity to enjoy the achievements that exist.
Financial freedom is mostly ephemeral. The more financial means, the more desires and the more expenses (often completely unnecessary). As a result, financial freedom can imperceptibly turn into financial slavery. Living on passive income is fine, but at any moment this passive income can run out, or expenses can skyrocket for any reason.
I'm always trying to make my life and the people around me better, although what I see as an adult what I'm doing or what other people think of my work in terms of my chances of success is unlikely out, however I choose to be silent and keep trying. Perhaps the place where I share more about my thoughts is this forum than my real life, financial freedom, because I don't have the need to live in a large, fully furnished house, just as long as they are enough for me to feel safe, I don't want to drive luxury cars, wear nice clothes, eat good food, and have a lot of luxuries,... sometimes I see someone's pleasure that they give that other people are not as bad as they are, I just laugh at the fact that life is just an external thing that we hold, let go of it and don't chase it at all costs, just live it well and Useful is my thinking about financial freedom or not freedom about it.
Investment, that's what I will do. Investment is not only as saving money but can benefit within a certain period of time, investment is the best way to earn profits while saving. There are so many benefits that can be achieved from investing, starting from the impact of inflation, adding to the list of wealth and anticipating old age.
If I have financial freedom I will choose the type of long-term investment, the funds that I allocate for investment can be used for retirement funds or meeting the needs of my old age. Real estate investment, such as buying land and buildings (houses) is a type of long-term investment instrument that is quite promising because its value continues to increase from year to year.
If I have financial freedom I will choose the type of long-term investment, the funds that I allocate for investment can be used for retirement funds or meeting the needs of my old age. Real estate investment, such as buying land and buildings (houses) is a type of long-term investment instrument that is quite promising because its value continues to increase from year to year.
-snip-
That is, you already have passive income that continues to flow into your account and into your wallet without the hassle of managing your business. because your business and all your companies are managed by someone you trust to manage it. So you just need to sit back or take a vacation every day while enjoying the flow of money that continues to enter your pocket.
That is, you already have passive income that continues to flow into your account and into your wallet without the hassle of managing your business. because your business and all your companies are managed by someone you trust to manage it. So you just need to sit back or take a vacation every day while enjoying the flow of money that continues to enter your pocket.
The "financial freedom" that you define is only one and does not cover all, in fact they are not quite free in some ways because they are still trying to keep that source of passive income as stable as possible over time.
The definition is quite complex and varies based on a person's financial level. My personal opinion, financial freedom is not from the level of achievement, but how I enjoy that achievement. I mean, passive income cannot ensure that someone does not pursue higher financial levels as long as they feel they have sufficient capabilities. That is, there is no opportunity to enjoy the achievements that exist.
Now my question in such a situation is when you already have financial freedom. then what are you going to do to enjoy your life and enjoy that financial freedom?
Yes, that's a sweet question! If possible..
First, I will take a short break from the hustle and bustle of the crypto market from reading posts, replying and monitoring the market and so on. Yes. all need a picnic with family or friends or Self Healing. And one more thing, that is to return to society. This opens up endless possibilities.
I simply understand financial freedom as being more comfortable in all financial activities without any restrictions, so personally, I am not a person with a lot of money but know satisfaction and respect. I am very grateful for what I have and always feel admiration for what others have. In recent years, after experiencing a few btc price hikes that greatly increased my finances, I used to spend them on useless things and thinking about endless enjoyment, but at this point I suddenly realized that I was wasting my happiness and was being tied up by a more luxurious life, calm down and look back on everything that happened I realized a lot of my own mistakes and really wanted to correct to bring them back to life. beneficial things in your life. With those earnings, I think I will continue to work harder to be able to contribute to society, namely building schools, building works for the poor, sharing useful knowledge is to increase the value of people's quality of life.
Now my question in such a situation is when you already have financial freedom. then what are you going to do to enjoy your life and enjoy that financial freedom?
Achieving financial freedom doesn't mean you won't invest your money again. If I am able to attain financial freedom, I will just stop working for others and start working for myself. That's the only major change I will be making in my life and rest all remains the same.
Attaining financial freedom should not make anyone addicted with dark sides of life like a lot of celebrities do. It's always good to keep on working till the time your health permits you.
Now my question in such a situation is when you already have financial freedom. then what are you going to do to enjoy your life and enjoy that financial freedom?
I don’t think there is possibly a way some could actually get that total financial freedom. Because once someone has that amount of money and businesses, they only think of expanding business to different areas and that is why we see top businesses men who are already topping the richest peoples chart competing to get hold of new technology. So if at least I get to this point I would organize some days in a year to have a large family vacation. But I still I am of the opinion that there is hardly total financial freedom, Infact the richest people sleepless because of the constant pressure to expand. Financial freedom lies on contentment
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