Financial freedom is different for everyone. However, it’s still important to have your definition of it. Is it $2 million dollars? $5 million? 6 rental properties?
Or something less ambitious like mine – when passive income exceeds monthly expenses by 50% or more…
Whatever it is for you, it has to be Specific, Measurable, Attainable, Realistic and Time-related. In other words, it has to be S.M.A.R.T.
But they all share one common theme – not worrying about money without an active job.
If you do not have a definition of financial freedom, then you’ll be chasing the horizon.
And we all know how that ends…