Financial freedom is achievable through hard work, strategic planning, and investing in passive income opportunities, ultimately allowing individuals to spend time with loved ones and pursue personal passions.
----------------------------- 00:00 Financial freedom means having the freedom to spend time with loved ones and pursue personal passions.
00:49 Start a side business, work hard, achieve Financial Freedom and time freedom, help others do the same, have a plan and take steps to reach financial goals.
02:02 Don't pursue financial freedom just to get rich, but for more meaningful reasons.
03:21 Work hard, make money, take care of family, help widows and orphans, find happiness in giving.
04:51 Calculate your needed capital for monthly income at 6% annually to achieve financial freedom.
06:38 Investing in retirement account with monthly contributions and side hustles can help reach financial goals faster, making an extra $1,500 a month.
08:25 Reduce the time to reach your financial goals by investing in passive income opportunities and side hustles.
Get very clear on why it is that you want to make money.
The love of money is the root of all sorts of evil and many people have pierced themselves with pains chasing after wealth.
Supporting orphanages in Africa and helping widows and orphans financially is a key aspect of pure religion.
The concept of having a target number in capital and a safe annual return can provide a clear roadmap for achieving passive income goals.
By dedicating just an hour and a half a day to a side hustle, you could potentially make an extra $1,500 a month.
Having multiple streams of passive income can significantly reduce the time it takes to achieve financial freedom, allowing for faster progress towards your goals.
The eight-step blueprint for achieving Financial Freedom is available as a free pdf download, providing a clear path to financial independence.
I do not have WhatsApp! Anyone asking for you to send them money is not me, but trying to scam you.
Don’t hesitate to send me a message!
If you could snap your fingers and be in any financial situation that you wanted,
what would that look like? Let me know in the comments down below.
I had a really great job as a software engineer. I was making six figures.
I was living the American dream. Then my first child was born, my daughter.
I loved her so much. I wanted to spend as much time with possible as I could,
but I would leave for work at 7 a.m. before she was awake.
I'd get home at about 6 or 6 30. She went to bed at 7 30.
I'd come home exhausted and I thought to myself,
is this going to be the extent of my relationship with my daughter this hour at night before she
goes to bed? And I realized what I personally wanted was more freedom, freedom to travel.
When I wanted freedom to take my daughter to a movie when she wanted freedom to homeschool
and teach my kids lessons at home, teach them things about the Bible,
about entrepreneurship, programming, things like that.
So I started a side business, a side hustle.
I worked really hard on it and was able to get that financial freedom and also the time freedom.
And now I really want to help other people just average everyday people.
I want to help them achieve their own financial freedom and also time freedom.
So let me know in the comments, do you have a plan for reaching financial freedom?
72% of people have no financial plan at all, not even a budget.
Zig Ziglar said he's a famous entrepreneur. He said,
if you aim at nothing, you'll hit it every single time.
If you do have a financial freedom goal, are you taking steps to reach that goal?
Again, let me know in the comments.
So for achieving your financial goals, I put together a ready, aim, fire approach.
And I know that's kind of a marketing gimmick, but I'm a marketer.
It's easy for me to remember.
But before we start shooting our gun, our investment gun,
you got to get ready and then you also have to aim.
So first ready, I want to ask you get very clear on why it is that you want to make money.
Let me know in the comments, why is it that you want to make more money?
Why do you want financial freedom?
What would you do if you had financial freedom?
So when I talk to a lot of people, especially young men tends to,
especially in crypto, see this a lot, but why do you want to make more money?
And the answer is when Lambo, I want to be super rich.
I want to be able to buy really nice things.
And if that's your reasoning for wanting to make a lot of money,
I'm probably not the right YouTuber for you because I believe what the Bible says.
It says in a first Timothy chapter six says, we brought nothing into the world.
We cannot take anything out of the world.
It says in verse nine, those who desire to be rich fall into temptation,
into a snare, into many senseless and harmful desires that plunge people into ruin and destruction.
For the love of money is a root of all kinds of evils.
And it is through this craving that some have wandered away from the faith and
pierced themselves with many pangs.
So if your goal is to get rich, you are on a path to ruin your life.
They, the love of money is the root of all sorts of evil.
And many people have pierced themselves with pangs chasing after wealth.
So again, before we go on this journey of financial freedom, I want you to be very clear.
Why do you want that?
And it should not be to get rich.
So what are good reasons to want to make some more money?
Well, the first is taking care of your family.
God says, if you don't take care of your family,
you've denied the faith and are worse than an unbeliever.
That's kind of like rule number one, use your money to take care of your family.
So if you want to make more money to help take care of your family better, that's amazing.
That was why I wanted financial freedom and time.
Freedom was to be able to help take care of my family and spend more time with my family.
Another reason James 1 27 says religion that is pure and undefiled before God,
the father is this to visit orphans and widows in their affliction
and to keep oneself unstained from the world.
So God says that pure religion, what makes religion pure is wanting to help widows and
orphans.
So looking around and seeing who, where are widows and orphans that I can help.
And a hundred percent of the time, when I go to help widows and orphans,
one of the main things they need is money.
They need help financially.
We support some orphanages in Africa and every time we talk with them,
they say, Hey, we can't eat this month.
Can you send us some money?
So again, my goal is I want to make as much money as I possibly can.
I want to work hard, use the business acclimate that God has given me to make as much money
as possible to take care of my family and to help widows and orphans.
I also remember what Jesus said.
Jesus said, it makes you happier to give than to receive.
And I'd like to be happy.
So I want to give as much as possible.
So that's what the ready part is.
Figure out why do you want financial freedom?
The second part, remember you have ready.
Now we aim.
So again, a lot of people go and make financial decisions.
They start putting money into things and they really have no plan in place.
They're just kind of doing whatever they feel like or whatever they think might be good.
So imagine it like you're shooting a gun before you aim it.
Okay, that's a good way to get someone hurt.
But before we start working on our financial freedom, we want to get really clear on what
that looks like.
What's the direction that we're going?
So I put together this spreadsheet to kind of help put a financial plan together for
you.
I'll leave a copy to this spreadsheet down below as well.
But in the first box, we ask, how much money do you want to make monthly?
So again, your goal might be, I want to completely eliminate my nine to five.
So maybe you need eight K a month to do that.
You might have smaller goals to start with.
Maybe I want to just, I want to offset my mortgage each month.
So I want two K a month to do that.
So then this box B three, which I have the green boxes, you can ignore.
Those are formulas I put in, but it's how much capital would you need to make that amount
monthly in a safe way?
So I kind of consider safe to be 6% annually.
That's what I think you can do.
If you do something safer, like stocks and a stock and bond mix.
So if you have $400,000 in capital and you have them in stocks and bonds making 6% a
year, you will make two K a month.
So again, that's kind of our goal right there.
That's our goal.
I want 400 K in capital making 6% annually.
So then I'll have two K a month passively to pay off my mortgage each month passively.
So then this becomes kind of our target number.
So if you go down the calculator, then we say, how much starting capital do you have?
So you're trying to get to 400 K, where are you starting?
And again, it's totally fine.
Some of you are going to be starting at zero.
A lot of people end up having a little bit in like an IRA or retirement account or something
like that.
So we'll say you have 15 K that you're starting with.
And then this next box is how much capital can you add monthly?
So you have 15 K, how much extra are you able to invest each month?
And again, the answer might be zero, which is totally fine.
Again, you have to start somewhere.
Maybe it's 250 bucks a month.
I can do, I can invest towards this goal.
I'm going to put 500 bucks a month is what this hypothetical person has to invest towards
their goal.
So we'll ignore these two boxes for now.
But then down here, it'll show you if you're starting at 15 K, you're adding 500 bucks
a month.
You're aiming for 400 K.
It will take you 295 months or 24.56 years.
So that's kind of our ready.
And then that's kind of our aim.
But then I want to show you how we try to get you to this number in a faster way.
We try to supercharge it so that you can reach your capital goal faster.
So the first way is with side hustles.
So a side hustle is just you keep your nine to five, but that you do a little something
on the side that makes you some extra money.
So these are great options.
If you find you have extra time on your hands, I was reading something that says the average
American watches three hours of Netflix a day.
Let me know in the comments how much Netflix you watch per day.
But if you have three hours to watch Netflix, you could take at least two of those hours
or at least an hour and a half of that a day and put it towards a side hustle.
So we have a whole bunch of different, you know, my channel, that's what it's all about.
So subscribe if you want to see more side hustle ideas, but we've got a ton of them.
I'm up to like 70 different side hustle ideas.
But let's say you're able to make an extra 1500 bucks a month from a side hustle that
you put together.
Well, you can see your time down here goes from 24 years to 10 years to go from this
15 K to 400,000 is only going to take you 10 years now instead of the instead of the
25 years it was going to take you before.
So the second way that we help you get to your goals faster is with passive income investments.
So we use things like our crypto trading bots that are called war bots that have averaged
7% a month for the last over two years.
Now let's say you're able to make an extra $2,000 a month from your passive income investments.
Well, then all of a sudden this goal that was going to take 25 years is down to six
years and you don't have to stop at one side hustle.
You can go to a second one.
Now you have 3000 bucks a month and then this time just goes lower and lower and lower.
And that's really our goal.
That's my goal with my channel is to help everyday people achieve financial freedom.
But if you'd like to get going, reaching your goals, I've got a few options for you.
First, subscribe to the channel, like this video, everything on my channel is free.
So this isn't going to cost you anything, but stay tuned.
I do a lot of side hustle ideas.
I do a lot of passive income ideas.
I do crypto and things like that as well, but just different ways for you to make extra
money that again can help you get to your goals faster.
Then I've also got this eight step blueprint for achieving financial freedom.
So I'll leave a link to this.
This is a free PDF download.
It'll kind of walk you through what I talked about here today.
We also have a financial freedom quick start mini course.
So this is if you don't want to invest a ton, but I walk through each of these steps one
by one, talk through them pretty extensively for you.
This is a $47 one time training course that you can be a part of.
Then of course, our main program is we have the passive income engines where we take this
idea, what we walked through today, but then we expand it.
And it's a, we have a Facebook group with a lot of other people in there who are trying
to achieve financial freedom.
We talk about which side hustles are working, which are the most profitable.
You can try this free for $1 for 30 days and then it's $97 a month after that, which I
understand for some people is a lot of money, but at least try it for a dollar for 30 days.
You can get everything out of it and cancel if that's what you want to do.
So appreciate you guys.
Let me know in the comments, your favorite side hustle, favorite passive income play
right now.
Appreciate you guys and hope you have a great rest of the day.