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Updated over 6 years ago on . Most recent reply
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T or F - no financial freedoms without business ownership
Many people can become financially secure with a high paying job and good financial literacy, but it is very difficult to become financially free without leveraging systems through business ownership. I don’t mean living a simplistic lifestyle where you live as frugally as possible and you learn to live off of 3k or less a month. I am talking about financial freedom which to me means being able to have choices to do with my time whatever I feel is most important and having more than enough money to do that.
What say you? Do you believe financial freedom is something people can get through frugality and saving or do you believe that it comes through leveraging other people’s time, money, and skills through business ownership in order to create enough passive (or nearly passive) income to be truely financially free?