Can 20 million cash be financially free

Finish. The realization of financial freedom refers to the use of active income (i.e., invested principal) to generate passive income.

interest, profit, or earnings), and the ultimate passive income expectation.

Achieve the goal of satisfying your desired living needs even if you lose your active income.

For example, during the epidemic, Xiao Wang's family of three spent about 1,200 yuan per month. The family has 20 million cash, calculated at an annual interest rate of 4%, and the monthly interest is more than 60,000.

Xiao Wang estimated that a family of three, 10,000 yuan a month was enough. So the wife quit his job, the son dropped out of school, and lived the financial freedom of the pig-like lifestyle. If Xiao Wang's family spends less than 60,000 yuan per month, it is considered financial freedom, and if it is more than 60,000 yuan, it will not achieve financial freedom.

The subject, with 20 million cash, can be said to have achieved financial freedom.

It has been calculated before that without considering the exchange rate and price level, domestic first-tier cities can achieve financial freedom by holding more than 10 million deposits, while second- and third-tier cities only need about 2 million to 3 million deposits to achieve financial freedom.

Depending on which city you are in and what quality of life you pursue, I think that in a small city, living the ordinary life of ordinary people, one room and one car, occasionally going downstream, 20 million cash can be financially free.

1. Relative freedom, financial freedom, that is, when you are not working, you don't have to worry about money, because you have other channels of cash income. When work is no longer the only means of getting money, you are free. You can have enough money and time to do what you really want to do, for example

Travel, photography, book writing, or participating in public welfare causes. That is the true meaning of life itself: to be honest with yourself, to face those troublesome financial management methods that you must control, to enjoy the life that is always changing with an independent attitude and a relaxed state of mind.

Money has power, you can have love, your money can make your love more complete or it can be distorted. When you are familiar with your money, your money has its own character like yours, you are fully qualified to control your money, and you are free.

2. Financial freedom refers to the state in which people do not need to work hard for money for living expenses. If a party has acquired a huge amount of wealth within a certain period of time or the party's passive income has been at the top of society, the huge wealth and passive income can achieve most of the party's material goals in addition to meeting the party's daily normal life expenses, and if the party enters this state, it can be said that the party has completed financial freedom. Financial freedom has nothing to do with the age of the person, it is based on the wealth available to the person and the living conditions of the person.

Extended Materials. 1. There is no fixed standard for the amount of wealth to achieve financial freedom, and the standard of financial freedom for different people is different, which is related to everyone's consumption concept and life goals. Some people already have a lot of wealth, but they have a bigger goal in life, have higher ideals, to achieve their dreams also need loans, I think, this is not financial freedom, if you can use your own funds to pursue your goals, that is called financial freedom.

2. For those who don't have too many ideas, the money they earn is enough to eat, drink, play, support their families, and socks for their retirement, without borrowing money or loans, they should be financially free. Therefore, whether it is financial freedom or not varies from person to person, the higher the requirements, the higher the standard for achieving financial freedom, and there is no certain amount of wealth standard. Each of us wants to achieve financial freedom, only when we are financially free, can we live the life we want, if we want financial freedom, we must work hard, to pay for hard work, let us work together to achieve financial freedom as soon as possible.

Summary. Financial freedom depends on your mindset and desires. Since there is no need for luxury goods and no bad habits, it is still possible.

Part of the 8 million buys insurance to prevent accidents, part buys currency to survive to protect cash flow, and part buys political and credit trust products in coastal areas, taking 3 million as an example, about 7% a year, and 20 tens of thousands are enough to spend. The remaining little investment experience can be put to the ****, if not, don't consider it.

Hello. Financial freedom depends on your mindset and desires. Since there is no demand for luxury goods, and the elder god has no bad habits, it is still okay.

Part of the 8 million to buy insurance to prevent accidents, part of the purchase of currency-based acres of gold to survive to protect cash flow, part of the purchase of coastal areas of political trust products, take 3 million, about 7% a year, 20 tens of thousands of enough to spend. The remaining little bit of investment experience can be put into some shares of the stock blind shirt ticket**, if not, it will not be considered.

Article 13 of the Constitution of the People's Republic of China The lawful private property of citizens shall not be infringed upon. The State shall protect citizens' private property rights and inheritance rights in accordance with the provisions of the law. For the needs of the public interest, the State may, in accordance with the provisions of law, expropriate citizens' private property or expropriate it by liquidators and compensate them.