The 3 Big Financial Education That Will speed up your financial freedom

Sunday, Decembero5, 2021 / 07:00 AM / Grace Agada / Header Image Credit: The Money Page

Thereis virtually no day that passes that people are not seeking help to achievefinancial freedom. You may ask yourself, why are so many peoplehaving a hard time achieving financial freedom? What is it about theirinvestment efforts that is not working? And what do theyneed to do to produce the right results? Many valid questions but only a fewvalid responses. By the time most people get to us they have exhaustedtheir investment efforts and are already at their wits end. Many of themblame their failure on a lack of financial education. But is financial educationreally the problem? How much financial education do you need? What truly isfinancial education? And what kind of financial education do you need toachieve financial freedom?

Financial education is the ability to use financial knowledge to gain financialfreedom. This means that the only purpose for financial education is to gainfinancial freedom and not to become an expert trader or investor. But you stillneed to be empowered with certain financial knowledge to thrive in theinvestment market. But what financial knowledge do you need and why is themyriad of financial information out there not enough? Today I amgoing to show you why and I will distill out for you the most important informationyou need to achieve financial freedom.

There are three critical pieces of information that you need to achievefinancial freedom. The first is You and how you affect the speed of yourfinancial freedom. You are ultimately responsible for your financial freedomspeed. The second is your Advisor- And the extent of success they can giveyou. Your advisor is responsible for how far you go on your financialfreedom journey. And the third is your investment strategy and whether itmakes you lose money or achieve financial freedom. Your investment strategy isresponsible for how much money you lose and whether you achieve financialfreedom.

Let's look at each of these information

You andHow You Affect the Speed of Financial Freedom

You areultimately responsible for the speed of your financial freedom, not theinvestment vehicle and not the investment market. The investment vehicle has afixed speed and tenure. Take any investment that you know for example, there isa defined timeline and tenure of maturity. So, if an investment is to mature in5 years there is nothing you can do to change 5years to 2 years withoutconsequences. So, investment vehicles are fixed in speed. The investmentmarket also has certain fixed characteristics. For example, the investmentmarket will go up and down no matter what you do. And you have littlecontrol over when it goes up or down. The best you can do is navigate thetide or position for it.

Thus,the only thing you can truly control is You. And you affect your financialfreedom speed by what you bring into the market. There is only one thingyou bring that will affect your speed-It is your savings. Your savings is theonly thing that will differentiate your success and those of otherinvestors that enter the market at the same day with the same product.Your savings is the speed of your financial freedom. Thus if you enter theinvestment market with an epileptic savings it may be said that you areinvesting but financial freedom will be far from you. You must neverpursue financial freedom prematurely with an epileptic savings. The best thingto do is to begin your journey using what we call "Cash ReserveInvesting". Cash reserve investing is an investment strategy thatfocuses on building the right size of cash reserves suitable for financialfreedom. Without this kind of cash reserve, you can't win in theinvestment market.

YourAdvisor - And the Extent of success they give you.

Thetruth is you have never achieved financial freedom before so if you are goingto take investment action or currently taking one you are getting your leadfrom someone else. But who should you get a lead from and who is the bestperson to guide you? From our own experience investment advice comes fromfour sources. And each source will increase or reduce your odds of success.

Source one is your friends or Colleagues. You take advice from friends andcolleagues when they have taken certain investment actions that seem successfulin the short-term that you have not taken. This means that advice from friendsand colleagues is based on certain investment decisions they have made andnot a holistic picture of how you can achieve financial freedom. The effect oftheir decisions may be too premature for you to access it correctly. And researchshows that most advice of this sort end up being bad investment decisions. Andthis is so because you and your friends or colleague all are still trying tofigure things out. So, while they may know a few steps ahead of you. Theyare rarely the ones to show you how to reach your financial freedomgoal. They haven't achieved financial freedom before, and they cannotlead you to where they have not been.

The second source of advice comes from parents. Advice from parents isvalid if they have achieved financial freedom themselves. If they ended up in alower financial state at the end of their career life, then they will onlygive you advice based on what they did that did not work. If you follow thisadvice you will end up in the exact same place.

The third source of advice is advice from professional investment orfinancial advisors. Most of which work in large organizations as employees.People that achieve financial freedom do not remain as employees. So, if youradvisor is still an employee, he or she is still trying to figure financialfreedom out. Also, advice from these kinds of advisors is mostlyproduct based. While they can show you how to buy their products and begin thefinancial freedom journey. They can't show you how to achieve financialfreedom because they have not achieved it themselves. The biggestchallenge here is that your success ends where their investment product ends.You cannot go further beyond their products.

The fourth source of advice and the only advice that you should take is advicefrom a financial freedom expert. A financial freedom expert is aprofessional advisor who has taken the entire financial freedom journey. That is,they have achieved financial freedom using the same or a similar path asyou and within the same country. They were once an employee like you, facedsimilar income and savings challenges, but were able to navigate their way tofinancial freedom. Advisors like this have a better current life than theiractive career life. Their life and journey are the evidence you need to knowthat they can help you, not some manufactured testimonials or something theysay. If you follow this kind of Advisor, you will not only achievefinancial freedom, but you will also know how to succeed in businessworld. There are not many of these kinds of advisor available. Thankfullythe one writing to you is one.

Your investmentstrategy and the Safety of your Invested Capital

If mostpeople were to sum up the money, they have lost in the investment market tryingto achieve financial freedom compared to the money they have invested. Themoney they have lost will be more. Losing money through investing is a signthat you have the wrong investment strategy. To achieve financial freedomwithout fail you need to follow what we call the "financialfreedom order of investing". This is because it is the only orderthat can guarantee the safety of your invested capital and give you financialfreedom.

So,what is the financial freedom order of investing?

The first order is Cash Reserve Investing. You must first build solid cashreserves to win in the investment world. The quality of what you put in is thequality of what you get out. The second order is Passive income Investing.The only way to achieve financial freedom is to build solid passive income.Especially the size that is the equivalent of the income that currently sustainsyou. To build this kind of income you need to convert specific percentages ofyour salary to passive income. Our recommendation for conversion is to followthe order 25%, 50%, 75% and 100%. By the time you are done with our financialfreedom program you would have built passive income that is worth 100% ormore of your current income. The third order is Appreciation Investing. This iswhere you begin to build a solid Net Worth. Most times we recommend that you combineappreciation investing and passive income investing as time is of the essence. Thefourth and final order is Return Investing. This is where you invest forreturns and where you take the highest investment risk.

The problem is most people begin their journey with Return investing and end uplosing money. Thus, putting the cart before the horse. If you, do it this wayregrets are inevitable. If you want to achieve financial freedom with speed,certainty, safety you must follow the financial freedom order of investing.

Perhaps your financial freedom effort is not giving you the desiredresults. We can help you. To see if you qualify for our help send an email [email protected]