#55 3 Major Myths About Financial Freedom - Passive Income MD
Episode #55

#55 3 Major Myths About Financial Freedom

For this episode, we are going to talk about one of my favorite subjects – financial freedom.

13 Min • May 17

Episode Highlights

For this episode, we are going to talk about one of my favorite subjects – financial freedom. For many, they think it’s just a pipedream. It seemed that way for me too in the beginning, and now when I think back on it (7 years later) so much has happened since then and it has constantly been on my mind. 

I guess you could say I’m a bit obsessed. 

Financial freedom has allowed me to do so many different things. It’s funny because as I’ve learned more about financial freedom, I’ve also learned a lot of myths surrounding it. I wonder if any of these myths are something you hold onto when it comes to financial freedom. 

Now, let’s look at what we discussed in this episode:

  • What the top 3 myths regarding financial freedom are.
  • Why so many people have believed these myths for so long.
  • Is there such a thing as “good debt”?
  • How the financial freedom journey starts and the actionable steps you need to take to get there.

Episode Breakdown

[2:00]

Whether or not you need to be debt-free to achieve financial freedom.

[4:45]

How I use debt as a tool to create a significant amount of income.

[8:00]

Do you need to fully retire to reap the benefits of financial freedom?

[10:03]

How and why you need to optimize your time and life when you’re planning for early retirement.

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