Pursuing financial independence is not about hating your job & not wanting to work.
It’s about understanding the value of your time & wanting to spend it doing things that fulfill you.
The ability to design your life the way you want without worrying about having to make money.
It’s about understanding the value of your time & wanting to spend it doing things that fulfill you.
The ability to design your life the way you want without worrying about having to make money.
Your current job has the potential to set you free from the intricacies linked to it - waking up on alarm, suffocating corporate culture & longer working hours.
Use your financial literacy skills to build an impenetrable wealth creation machine from the many salaries you earn.
Use your financial literacy skills to build an impenetrable wealth creation machine from the many salaries you earn.
Assuming one spends Sh 100K monthly to meet family basics & leisure expenses. Such a person needs Sh 1.2M annually to attain financial independence.
Investing Ksh 10M in a long term infrastructure bond achieves this. But this person will not have attained financial freedom. Why?
Investing Ksh 10M in a long term infrastructure bond achieves this. But this person will not have attained financial freedom. Why?
In case of a real life emergency situation, he cannot address it since his cash flows are only enough to meet his monthly expenses, not unplanned for expenses. He cannot interrupt his cash flow machine to address the emergency situation. Doing so jeopardizes his future income.
To attain financial freedom, he needs much more than Sh 100K monthly cash flow. Probably Sh 150K or more. He can build a freedom fund from the monthly surpluses of Sh 50K.
The size of the freedom fund depends on how much is not only kept but invested after meeting needs & wants.
The size of the freedom fund depends on how much is not only kept but invested after meeting needs & wants.
Learn via @TheAbojani #October Masterclass:
📚 Money habits & budgeting
📚 Unit trusts & MMFs
📚 Treasury Bills & Bonds
📚 SACCOs & retirement planning
📚 Stock picking, analysis & valuation
3 weeks, Monday - Thursday
7.00pm - 8.15pm - via Zoom
📚 Money habits & budgeting
📚 Unit trusts & MMFs
📚 Treasury Bills & Bonds
📚 SACCOs & retirement planning
📚 Stock picking, analysis & valuation
3 weeks, Monday - Thursday
7.00pm - 8.15pm - via Zoom
• • •
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