Wealth Creation

“What is Financial Freedom?”

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There are three key components to the mechanics of wealth.

1) Financial Security- Is when we’ve created passive income that covers half of our food, housing, cars, travel & basic entertainment.

2) Financial independence- Is when we’ve created passive income that covers all of our monthly expenses.

3) Financial Freedom- Is when we have created passive income that is at least twice our monthly expenses.

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About the author: Brian Klock

Our team and I have created many online and offline successful businesses please contact me if you ever have any questions I will respond right away. It is our goal to help as many people as possible achieve their dream life.

4 comments to ““What is Financial Freedom?””

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  1. edy - June 1, 2015 at 1:29 pm Reply

    Very great definitions of Financial security, independence and freedom.
    What I know is that Financial freedom will feed you for the rest of your life when stop working. Pretty close to your statement above 🙂

  2. Warren Savery - December 21, 2015 at 3:30 am Reply

    Thanks for finally writing about “What is Financial Freedom?” | Freedom Creator Loved it!

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