What is a financially free life like?

Financial freedom means that when you are not working, you don't have to worry about money because you have other investments. When work is not the only means by which you can support your family, you are free, and thus you have a basis for happiness and financial freedom.

Financial freedom is when you don't have to work hard for money to cover your living expenses. To put it simply, the passive income generated by your assets must be at least equal to or exceed your daily expenses, which is the state that most of us aspire to achieve, and if we get into it, we can call it retirement or various other names. If your monthly expenses are $1,000, and you can earn $1,000 and a passive income from working without hard work, then you have achieved the kind of financial freedom that everyone envies.

In this case, the 1,000 dollars is called the "tipping point". Once you break through this tipping point, as long as there is no major disaster, you can live without working, of course, if you like your job, you can continue to do it, or you can choose what you really like to do, rather than being forced by life to do things that you are not happy with but have no choice but to do.

In terms of financial freedom, assets are things that you can put money in your pocket without having to work (assets generate passive income), while liabilities are things that take money out of your pocket, so your private car is no longer an asset in the ordinary sense. A property that is rented out for profit is an asset because it is completely owned by you, and there is a surplus after the monthly income generated offsets the property taxes you pay. The house you live in is no longer an asset, because you have to pay for it with the mortgage and the resulting loan interest, and even if the mortgage and loan interest are paid off, you still have to bear the maintenance of the house, property taxes and other project expenses.

It's the money that works for you, not the money anymore!

In our daily life, we all know that economic ability will have a great impact on a person's life, in fact, many people run around the road to work every day, in fact, they are all for life, hoping to be able to have enough ability to live the life they want, and many people hope to be able to achieve economic freedom.

So what happens if a person is financially free? When a person achieves financial freedom, then when shopping, he will not care about the ** of the goods, but about its quality, and can do what he wants to do every day, cultivate his hobbies, travel, etc. One.

In this day and age, life is not easy, and many people are under great financial pressure, which is why many young people do not want to get married and start a new family, because the pressure brought by a family is immeasurable. If you can really achieve financial freedom, then you can do what you want to do, and many people have been saving money in the hope of being able to go far away and see the scenery that others can't see.

And some people just want to enrich their lives to study, to cultivate their hobbies, as long as they achieve financial freedom, many times their travel is not restricted. Two. Everyone wants to achieve financial freedomMany people work hard to improve their quality of life and have enough financial means to prepare or satisfy their desires for life.

Because many goods are clearly priced, there is enough ability to not have to think about these problems. Every day, you can arrange your own time, install some fitness equipment at home, you can work out from the moment you get up, and you can make your favorite high-quality food.

You can take a trip anytime and anywhere, and walk in your favorite field, which is a dream of such a life, but if you want to achieve financial freedom, you have to rely on your own continuous efforts, and not everyone has achieved financial freedom in their lifetime. If you achieved financial freedom, how would you plan to live?

For most people, the understanding of financial freedom is that there is so much money that it cannot be spent enough. Although this understanding is not necessarily accurate, it is very vivid, and I agree with this understanding ......If I really achieve financial freedom, I want to live a life that no longer has to work hard to make a living, I don't go to work to do a job I don't like, and I want to do something meaningful that I love.

1. After achieving financial freedom, I will no longer have to work hard for life.

For the vast majority of us, we have to work hard every day for our own lives, consuming most of our time and energy to chant. ......If you achieve financial freedom, you will get rid of this state and no longer have to work hard to make a living. ......At this time, I will enjoy life to the fullest, and make every day of my life happy and full of fun.

2. If I achieve financial freedom, I will no longer go to work to do jobs I don't like.

When we graduate from school, we have to go to work, do a job, get a salary, and make ends meet. But the work you do is not necessarily the ...... you likeIf I can achieve financial freedom, I will definitely not go to work to do those jobs that I don't like, and I will no longer consume a little time and energy for those things I don't like.

3. When you achieve financial freedom, you will do the meaningful things you like.

When you achieve financial freedom, you will no longer work hard for a living, nor will you do a job you don't like, but this does not mean that you have nothing to do all day ......In fact, when you achieve financial freedom, you have to do what you like and what is meaningful. ......Specifically, at that time, on the one hand, I will enrich and improve my abilities through learning, and on the other hand, I will do what I can to help others and solve ......problems for themThis is what I have always wanted to do in my heart, and when I have achieved financial freedom, I will have the conditions to realize my ideals, and I will start to do this to achieve my wishes.