As you might already know, I am a proponent of financial freedom & the ability to have the lifestyle you want.

Over the past couple of weeks, I have been receiving many emails. 

Many of my students ask me “Why is financial independence important at all”?

They argue that if they have a decent job, they are getting a paycheck every month.

If they love their work, they are technically getting paid to do what they love.

This means that their work isn’t really work – it’s their passion.

I agree with them.

But I also tell them one simple thing:

They should be not be working for a paycheck.

They should be working because they want to work, and would be happy to do the work even if it didn’t pay them a dime.

See, the vast majority of people out there go to work because they need to put food on the table, not necessarily because they are thrilled to do so.

In other words, their job is a necessity and not an option.

Financial independence, on the other hand, is essentially about having a lot of options.

If you think about it, people who are truly Wealthy have a lot of options.

Yes, they have Money.

But just by itself, money can’t get you a lot.

You can’t eat money.

But you do eat the food it buys and you enjoy the things it can purchase.

If you think about it, Warren Buffett, George Soros, Steve Jobs etc. are admired for their immense wealth as well as their unique lifestyle.

Research shows that while being Financially Independent doesn’t solve all problems, it does solve the vast majority of problems plaguing people around the world.

And I am going to help ensure money becomes an afterthought for you should you choose to put what I teach you into action.

See, most of us have been “programmed” to think along these lines:

Study hard, get a high-paying job, work for 40 years, retire at 65 and live happily ever after.

This is bad advice.

Why?

Because when you are working a job, you are trading your time for money.

And when you have a job, you are also making someone else rich at your expense.

So my advice to you right now would be to understand that trading time for money is not a good way of becoming wealthy or having a fulfilling life.

See, if you look closely into the lives of truly rich people, you will see that they either own businesses which they aren’t actively managing or they own investments which make money for them without their active participation.

They almost never work 9-5, unless they really, really love what they are doing.

It is the middle class and the poor who are forced to go for the 9-5 grind.

Most people who are actually wealthy (not “owning a BMW on credit” wealthy) work 1-2 hours a day and then spend the rest of the day as they please.

They travel the world on a whim, they go to fancy restaurants, they sleep when they want and they wake up whenever they like.

Essentially, they live life on their own terms.

If living like a wealthy person appeals to you, you have come to the right place.

So here is Rule #1: Do not trade time for money.

What should you do instead?

You should acquire assets which work for you and generate income for you.

Contrary to popular belief, you can become financially independent even if you are on a tight budget.

In fact, in the information age (i.e. today’s world), you don’t need a lot of money to be financially free, if you know what you are doing.

Here is the kicker though:

You will never find out how to become financially independent at school.

Why?

Because the goal of the education system around the world is to churn out employees who know enough to work in the businesses of the rich but not enough to start their own business.

The educational system can offer courses on Bakery Science & Egyptology (yes, these are actual majors), but they will never teach you about money.

In other words, knowledge of money is the domain of rich people only.

So let me reiterate:

The secret to becoming financially independent is acquiring assets which generate passive income for you.

These assets include businesses (think online subscription programs), rental real estate (think duplexes & 4-plexes), dividend-paying stocks (think Coca Cola stock – KO) and royalty paying plans (among others).

This might sound like a lot of work but it really isn’t once you understand how to go about it.

Stay tuned!

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