Financial Independence: Breaking Down the Basics
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Financial Independence: Breaking Down the Basics
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In this episode of Freedom by the Day, Devon breaks down the often misunderstood concept of financial independence into three essential numbers that anyone can understand and act on.
Through clear explanations and practical examples, discover why financial independence isn't just for the wealthy elite—it's a achievable goal that starts with understanding your net worth, cashflow, and FI number. Learn why these three metrics are your financial GPS coordinates and how they work together to map your path to freedom.
Whether you're just starting your financial journey or looking to level up your understanding, this episode cuts through the complexity to give you a clear framework for building wealth on your own terms. Walk away knowing exactly how to calculate these crucial numbers and use them to make work optional, not mandatory.