5 THINGS TO KNOW ABOUT FINANCIAL FREEDOM.

What is Financial freedom & How to achieve it?

Financial independence is the status of having enough income to pay one's living expenses for the rest of one's life without having to be employed or dependent on others. Income earned without having to work a job is commonly referred to as passive income.

How to achieve it?

The following is a non-exhaustive list of sources of passive income that potentially yield financial independence.

• Bank fixed deposits and monthly income schemes
• Business ownership (if the business does not require active operation)
• Dividends from stocks, bonds and income trusts
• Rental income

GETTING STARTED WITH PASSIVE INCOME.

If a person can generate enough income to meet their needs from sources other than their primary occupation, they have achieved financial independence, regardless of age, existing wealth, or current salary. 

BUY ASSESTS NOT LIABILITIES

Accumulating assets can focus one or both of these approaches:

• Gather revenue-generating assets until the generated revenue surpasses living/liability expenses.
• Gather enough liquid assets to then sustain all future living/liability expense.

Want to achieve your Financial freedom?

Want to make money from stock market but fear of losing it all makes you nervous.

If you are thinking of making passive income with less effort. 

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BELOW IS THE LINK FOR YOUR FINANCIAL FREEDOM.

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