Think about it: if you enjoy working at your office job, great. It also gives you the confidence to make decisions based on your own passions and desires. That doesn’t mean you have to quit your job, but it gives you the freedom and control to do so if desired.
It’s the amount of income required from your savings and investments that would allow you to quit your job and no longer work.
Your Financial Freedom number is the amount of passive income needed in order to pay for your daily living expenses. Keep in mind that the real goal is not the money, but the freedom and control it gives you to live the lifestyle you desire. In this post, we’re going to dive into the specifics of how you can find your freedom number, and a few others that I think you’ll find interesting. One of the things I covered was the importance of finding your financial freedom number. Last week, we went into the real reason why you should be building wealth.
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