Home Passive Income #55: 3 Main Myths About Monetary Freedom | Passive Earnings M.D.

#55: 3 Main Myths About Monetary Freedom | Passive Earnings M.D.


For this episode, we’re going to speak about certainly one of my favourite topics – monetary freedom. For a lot of, they suppose it’s only a pipedream. It appeared that approach for me too at first, and now after I suppose again on it (7 years later) a lot has occurred since then and it has consistently been on my thoughts. 

I assume you possibly can say I’m a bit obsessed. 

Monetary freedom has allowed me to take action many alternative issues. It’s humorous as a result of as I’ve realized extra about monetary freedom, I’ve additionally realized quite a lot of myths surrounding it. I’m wondering if any of those myths are one thing you maintain onto with regards to monetary freedom. 

Now, let’s have a look at what we mentioned on this episode:

  • What the highest 3 myths relating to monetary freedom are.
  • Why so many individuals have believed these myths for thus lengthy.
  • Is there such a factor as “good debt”?
  • How the monetary freedom journey begins and the actionable steps it is advisable to take to get there.

Right here’s a breakdown of how this episode unfolds…

Whether or not or not it is advisable to be debt-free to realize monetary freedom.

How I exploit debt as a instrument to create a major quantity of earnings.

Do it is advisable to totally retire to reap the advantages of economic freedom?

How and why it is advisable to optimize your time and life once you’re planning for early retirement.

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