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Business Growth Entrepreneurship Wealth

048: What is Financial Freedom?

Financial freedom is something that many people want. But what exactly is financial freedom, and how can it be achieved? Many people are looking for answers to these questions, but there is no simple solution. 

Financial freedom doesn’t happen overnight. Like any worthwhile endeavour, achieving financial freedom requires careful planning, dedication and hard work. It entails building a business where you can generate a reliable income stream so you can live comfortably without worrying about money.

In this episode, I talk about what financial freedom is. I share the three levels of financial freedom and what you can do to reach each. I also provide some practical tips on working towards achieving your financial goals. 

By understanding financial freedom, you can start taking steps to reach your goals and build a secure future for yourself. So, if you are looking for ways to achieve financial freedom, this episode is perfect for you. 

IN THIS EPISODE, YOU’LL FIND OUT…

  • The three levels of financial freedom (00:29)
  • What is critical mass, and why is it twice your expenses? (05:39)
  • Why you should keep spending your money (07:21)

QUOTES

“Spending money on lifestyle costs is good for the economy.”

“If you’re just hoarding money and wealth, that does nothing.  It’s not productive and does nothing for the greater good of humanity.”

WHERE YOU CAN FIND CARL TAYLOR
Automation Agency
CarlTaylor.com.au
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Like this episode? Have topics that you would like us to discuss?  We’d love to hear your feedback and comments. Let us know by leaving a comment below.