Ultimate Guide to Financial Freedom
- Achieve Wealth, Attain Success and Manage Your Debt
- Narrated by: Trevor Clinger
- Length: 24 mins
- Unabridged Audiobook
- Release date: 07-16-15
- Language: English
- Publisher: RicTamily Publishers
Regular price: $3.95
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Financial freedom defined
Financial freedom is also known as financial independence. It is the state describing the sufficiency of personal wealth to sustain the cost of living, without having to actively work for basic commodities. The income is greater than the expenses for financially independent people.
Assets: anything a person possesses that can be liquidated when he or she incurs debt. On the other hand, liability is the responsibility of a person to provide compensation for debt incurred.
Age and income are not the basis of financial independence. Anyone can be considered financially independent, regardless of how old or young or how much he or she earns for a living. However, the capacity to generate money enough to suffice their need, aside from their primary occupation, is what matters in the aspect of financial independence.
Different views on financial freedom
This is a powerful concept. Often, the majority receives this as a good thing. We want to achieve it and admire those who already have. Most people who are in their 20's have this mission and tag-line that states "Get a head start on freedom".
However, some people might relate financial independence to retirement, never having to work again, being free from debt, doing what they want for a living and not relying on others for money.
The tricky part is, if you are concerned about your income, are you financially independent?
Customer ReviewsMost Helpful
By Ray Johnson on 04-20-18
I'd need a whip & chair to manage my debt
Thank heavens for this book. I have never been financial wizard, and Lord knows that my cash flow has been constipated since college. I think I even hired a monkey to do my accounting, I think it was a monkey because groomed himself incessantly and would get mad if I didn't bring him any bananas. Seriously, My money issues have issues, and so I figured I'd give this book a try. It seems to have some sound financial advice that will work for me. I'm going to say that it mkes more sense than 90% of the other books out there like this one. Trevor Clinger ennunciates and pronunciates his narration clearly and flawlessly. You will, without a doubt, understand him in every way. Even though I did receive a promo code for this review it in no way influenced my considerations of the material, and in fact, inspired me to be more honest. In fact, getting a code generally makes me harsher as a reviewer as I am more often concerned what someone like Me will decide based on my review.
If this review helped, please press the YES below. Thank you immensely!!!
2 of 2 people found this review helpful