30 min listen
174-The Stages of Financial Independence: A Useful Roadmap to Help You Navigate from From Broke to Financial Freedom
174-The Stages of Financial Independence: A Useful Roadmap to Help You Navigate from From Broke to Financial Freedom
ratings:
Length:
54 minutes
Released:
Apr 2, 2015
Format:
Podcast episode
Description
You can’t go from broke to rich in a single step. There’s no magic fairy who will suddenly transform your financial life for you. You have to do it yourself.
But you can work your way through a path that leads to financial independence and complete abundance. That path has stages and you should celebrate your progress at every stage!
In today's show, I share with you my ideas regarding the stages of financial independence. I believe this is a useful roadmap to help you navigate from where you are to total Financial Abundance.
Stage 0: Financial Dependence
Stage 1: Financial Solvency
Stage 2: Financial Stability
Stage 3: Debt Freedom
Stage 4: Financial Security
Stage 5: Financial Independence
Stage 6: Financial Freedom
Stage 7: Financial Abundance
My challenge to you is to take these stages, understand where you are, and lay out the numbers of your own situation. How much do you need to be financially stable? What's your number for financial independence? Financial freedom?
Write it down clearly for yourself and then keep working on it!
Enjoy the show,
Joshua
Links:
Here is the new page on the website: http://radicalpersonalfinance.com/finance-topics/stages-of-financial-independence/
Become a Patron of Radical Personal Finance! http://radicalpersonalfinance.com/patron
But you can work your way through a path that leads to financial independence and complete abundance. That path has stages and you should celebrate your progress at every stage!
In today's show, I share with you my ideas regarding the stages of financial independence. I believe this is a useful roadmap to help you navigate from where you are to total Financial Abundance.
Stage 0: Financial Dependence
Stage 1: Financial Solvency
Stage 2: Financial Stability
Stage 3: Debt Freedom
Stage 4: Financial Security
Stage 5: Financial Independence
Stage 6: Financial Freedom
Stage 7: Financial Abundance
My challenge to you is to take these stages, understand where you are, and lay out the numbers of your own situation. How much do you need to be financially stable? What's your number for financial independence? Financial freedom?
Write it down clearly for yourself and then keep working on it!
Enjoy the show,
Joshua
Links:
Here is the new page on the website: http://radicalpersonalfinance.com/finance-topics/stages-of-financial-independence/
Become a Patron of Radical Personal Finance! http://radicalpersonalfinance.com/patron
Released:
Apr 2, 2015
Format:
Podcast episode
Titles in the series (100)
RPF 0001 – Welcome to the Radical Personal Finance Podcast!: A brief introduction to the Radical Personal Finance Podcast, its purpose and goals, and an introduction to your host, Joshua Sheats. by Radical Personal Finance