Published on February 27, 2014
What is Financial Freedom? Ahhhhh!!! – we gonna talk about money… Presented by K Nicole Johnson at a Women of Worth (WoW) meeting http://kaynijo.wordpress.com/wow/
Financial Freedom?!?! What is your most valuable asset? • Your house? • Your education? • Your car? • Your job?
Your most valuable asset is… Your TIME.
What do you spend your time doing? • Complaining about your job? • Wishing you had a better lifestyle? • Complaining about cost of living? • The list goes on and on and on.
Financial Freedom • Financial Freedom is having enough passive or residual income to cover your living expenses.
Passive or Residual Income • Income earned over and over again from work that you did one time. • Example: income earned from intellectual property such as a book. • Example: income earned from a business such as a franchise or network marketing.
Financial Freedom is not… • Necessarily living in a huge house • Becoming a billionaire
How to achieve it • ↑ your passive income • ↓ your living expenses
Huh?!?! Questions & Answers… http://kaynijo.wordpress.com/wow/
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