The SIX Levels of Financial Freedom

Explained below

RTs appreciated to raise awareness

LEVEL 1 = SOLVENCY

Debt/Expenses = Monthly Income (or most of it)

MOST people are at L1

Yet they are qualified to tell you not to chase your dreams?

Also note - This is the level you will enter at with a degree/qualification

LEVEL 2 = STABILITY

Living Expenses = Income + Emergency Fund

The ones who break free from L1 are usually capped at L2

Life gets in the way

They want to do more but they really havent got the

- Time
- Ambition
- Energy
- Motive

LEVEL 3 = DEBT FREEDOM

Freedom of debt and some basic investments

This level will be your highly skilled professionals

OR

high skilled individuals that are self-employed

If you manage to get through L1 & L2

L3 is the ultimate comfort zone because

You have worked hard to get there

You feel you've "earned" something and now

its time for rewards.

Not realising you are not yet FREE bc you havent got any passive income

LEVEL 4 = SECURITY

Investment funds = Survival expense

Your investments are your survival fund at this stage

So your future is taken care of by your asset management.

Often people spend their entire lifetime in reaching this L4

LEVEL 5 = INDEPENDENCE

Investments are paying for your living costs

You are basically made

Your money is working for you and

allowing you to focus on growth & improvement.

Before I reveal level 6

Lets understand a few things...

- You can fluctuate between levels

- You may be in a few different levels at the same time
but are you able to sustain them?

- you may not fit into any levels, just yet

- each level is an opportunity to grow

LEVEL 6 = ABUNDANCE

Investment income exceeds the cost of ANYTHING you want

This is where money is no longer an issue for you

Your business model is self-sustaining and growing

with a minimal input from you.
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I hope you enjoyed this learning

Dont forget to RT