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[Economic Freedom Story] Goal amount of freedom
- Writing language: Korean
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Base country: All countries
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- Economy
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Summarized by durumis AI
- To achieve economic freedom, it is important to build a system that earns the necessary living expenses without working.
- If you need 5 million won per month, you need a big goal amount of 3 billion won for 50 years, but it is realistically difficult to achieve only with your job.
- It is more important to find a way to earn money steadily than to earn a lot of money, and you can find various ways and try them through YouTube, etc.
The cost of financial freedom
After securing the amount I spend without working,
Multiplying that amount by the rest of my life gives me the amount I need for financial freedom.
Most office workers hit a wall here,
If I assume that my monthly expenses are 5 million won and my annual expenses are 60 million won,
If I have 50 years left in my life,
I will need a large sum of 3 billion won. Can I earn this large sum during my remaining working life?
It's impossible. If you set a goal amount for financial freedom, it is likely that you will not be able to achieve it.
To achieve financial freedom, you need to focus on how to make 5 million won in monthly expenses
without working.
Instead of finding ways to make a lot of money,
it is much more important to find ways to make money steadily.
It doesn't cost that much,
There are many ways to create such a cash flow, even just by watching YouTube.
It is important to find a way, think about it, implement it, and that is what is important.