FINANCIAL FREEDOM

This is a term few people know, and it's often misunderstood. It's financial freedom. Financial freedom is when you have multiple passive income sources generated by any business system or ASSET that cover all your expenses in a month with or without you working. For example, if you own an apartment for lease, that apartment is an asset which generates cash flow for you monthly. Or when you have lots of money, you put it in any Saving account which pays you interest monthly, that's passive income.

However, the most important thing is not the money itself, it is the time that you own. Owning your 24 hours is precious. Why? Cause when it already passed, you couldn't get it back. Time is like money but has a little twist. Everyday everybody has it, if you don't use it right, it cannot roll over the next day, but will back to 24 hours. So the goal is how you can have more time for you is more important than anything in today's world.

For doing that, you must be in business for yourself. We don't have any alternative way to achieve financial freedom. It is hard for anybody to beat the system nowadays. We are taught to go to school, get a degree, get a good job, and climb the corporate ladder. The truth is you can retire young, rich, and free. The truth is you can beat the system, no need to wait until your 65 to retire. I am so fortunate to retire by choice at the age of 24. It is a privilege and also a responsibility to each other how to do the same.

Financial freedom is possible for you if you are in your 20s. I hope to give you some motivations. Go out there and make it happen for you and your family!

Dat Huynh