Financial Freedom Is A Lifestyle
Financial freedom isn't as hard to achieve as most might think. They conflate it with being wildly successful and wealthy, but really it's just about being able to do what you want with your time.
I personally believe that financial freedom can be achieved by sacrificing the leisures and luxuries that you think you need but really just want.
It really comes down to the lifestyle you live. Someone making 50K a year could end up with more money saved and invested than someone making half a million a year because of the lifestyle they live.
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Yeah, the problem is most people live a lifestyle based in spending the money they earn during their free time. I think creators can be financially free(because they spend free time creating, and that can be rewarded), but consumers don't, and that's the reality here.
Great reflexion!
Have a good day!
That is very true and maybe I didn't consider how much of it comes down what you choose to pursue in your free time. Though that wraps up into lifestyle, but definitely an awesome insight. Thanks for watching!
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But now that i'm thinking about it, you could be a consumer and also be financially free, just by living from publicity of products you consume. But the problem is you're gonna be so limited to what consume and what not, business will tell you what to consume for them. In the other side, creators are more free (although not at all (you have to create what people like)). It's an interesting reflexion to make.
Yeah absolutely. Based on your comments I was inspired to make a video on "You Either Create Or You Consume" which I will post later :)
Oh, I'm glad to serve as inspiration ^^ jajja looking forward to it.
No better inspiration than my fellow Steemers
Preach it man!
One of the most important thing I think everyone needs to reflect on and move towards to is to detach their self-worth with their net-worth.
Yeah absolutely a key component to financial freedom
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Great video, and I agree with your definition of financial independence. I know it wasn't your main point of the video, but I found it interesting that you brought up the potential to earn income by renting out an autonomous vehicle. I see a lot of potential benefits for AVs as a source of passive income, freeing up driving time, and providing mobility for handicapped and impaired drivers who can't drive normal vehicles. At the same time, I know that a lot of people are worried and there are some potential drawbacks. What is your take? Do you think we will see widespread adoption within our lifetime?
Absolutely. Not only that but I firmly believe we will see the singularity by or before 2045 based on the rate computational power has continued to double and will surpass a human brain as of 2039. Somewhat "out there" but very plausible.