I'm 31 single with 0 kids and I make a little under 200k and I don't have a care in the world. I can eat at any restaurant, go to any travel destination, or drive anything I want. I also live in Atlanta. I'm continuing to strive for more but with my income, there's nothing I can't do.
Financial freedom isnt defined by figures in your bank account. Of course more is always looked at as good or better. But its Assets over liabilities. Once you are out of the hole of debt completely& not regulated to any kind of bill or debt collector except for your housing gas light, etc. Once you have gotten to this point along your financial journey you are now one step away from financial freedom. No matter what your wage or annual income maybe. Once you have your house paid off along with assests creating dividends that is what you call financial freedom.
The most appropriate answer to the question is it depends upon one’s life circumstances and budgeted lifestyle. It’s I’m unhelpful to throw out exaggerated figures like $28 million lump sum or $200k annual income. It really depends the individual and how they are situated.
I say I want the $28 million yes they’ll take out taxes but after taxes I say invest the whole thing or majority of it in a index fund a one percent gain some days are $200k in a day and plus you get interest out the end of the year
Conversation needs to expand globally because men and women are becoming expatriates. Choosing to live partially or permanently in other countries that have lower costs of living. Median household income in Thailand is $24,000. $50,000 a year is living like a prince.
If you’re making 50k & have the knowledge/energy to go all the way across the world to live why can’t you take that same energy to learn or improve a job skill to get you to 100k salary in the US?
@learningearning8385 everyone chooses the battles they want to have. Some people don't want to play that game. Some people would even choose to make a little less to work remotely rather than make 100k and play the game.
When you’re retired with 25k - 30k monthly income from 401ks and pensions, growth and income investments, and real estate, with a 4-12% continuing growth rate, Lastly you have most of your health still with you from the job you retired from, you should be good to go. Spend wisely, and enjoy the good life.
One of the main variables is DEBT, if you are making $500k annually and you have $100k in CC debt compared to someone who makes the same amount with no debt,,,,big difference, it's about Debt!
500k includes 200k of spending budget that keeps you out of debt, 100k for miscellaneous expenses, 200k for end of life expenses/ health care costs. 300k should be enough to keep you out of debt comfortably
I live in nyc and I grossed $170K and its not enough, so I started a side situation that's bringing in an extra few stacks a month that will add an extra almost 100K a year!
I have a check written to myself for 5M by time I’m 45 just turned 40 I’m a make that a reality and I’m cool with that 5M. But I know once I reach that my goal will change
I don't think it's about how much you make, I think it's moreso about how you manage what you make. I worked for a company that's one of the top companies in its industry at a global level. I saw a lot of their practices when it came to finances; how reactive they were instead of being proactive. The measures they had to take during the down season in order to make budget. So when the pandemic hit and they announced that their CEO and many other top executives would be on a pay freeze, it didn't surprise me. If you are top 3 in your industry, you are making beaucoup money. Making the money is was never the issue. But many entities (individuals and businesses) who make bank also take that bank roll for granted. Watching the way they handled things gave me anxiety, so I left years before the pandemic.
Financially free 1 million with earn you 50k/year with 5% cd, so basically you need 10mlion making 5%, 500k/year in residuals… about 300k/year is needed for a family of 5 comfortable freedom.
Just because a stock/crypto is going up doesn’t mean it’s a good investment. just because a stock is going down doesn’t mean it’s a bad investment. theres more to a stock than just its stock price. An entire company more. focus on the company, not just the stock price or the bitcoin price, I trade and hold profits keep up the great work! and also Jacob Kucia has been doing a great job reviewing all chart, trade and techniques on BTC which has enhance the growth of my portfolio to 17 BTC lately.
Simple step-by-step process, excellent communication and response times. The service was extremely streamlined and friendly throughout. Would recommend them to anyone give him a reply
Financial freedom has always been my top goal. The question I redundantly juggle; is it my fault I’m not working hard enough to add value? Or is it outside forces at play?
Funny thing is in this world we are living in it will never be enough if you put a dollar amount on it cause everybody is not the same. Some can be good with 200,000 and some can be good with 2 million. It is on that particular person to make it work for them.
This administration putting families into difficult situations, I feel for the seniors and people with disabilities not getting the help they deserve. You’ve helped me a lot Millie Russell. Imagine investing $1000 and receiving $6700 in 5days.
Tax rate in U.S economy keep getting more scary this days. If you do not find a way to multiply your money you might wake up a day to realize you didn't plan well for yourself.
I consult Millie before making any investing decisions. She always has a precise representation of what is happening in real time across various financial markets. She simply excels at her field.
This is why it is important to teach our people about the power of travel, while the rest of the united states struggles to live a middle class lifestyle , there are some of us who get a better bang for our buck using our United States dollars overseas. learning how to build communities thru integration in other countries .. but people that don't know about the world can only give you what they know about the United States and end up telling you to get married to afford the life. without mentioning the fact that marriage ends in divorce 43 percent of the time in the United States. 98 percent of the time the man leaving with more he came in with. no pun intended... anyone that would tell you to act on your emotions and get married when statically there is only a 57 percent of success long term .. than I would suggest you reconsider the logic
It’s all about money management. My husband and I live in the DC area and we can live off of $50,000. We are debt free. We budget our money and live below what we make (over $100k).
It literally about your lifestyle. Idk what they are talking about not being able to live on under 100k. I make 120 and live off 50. It seems this we can’t afford rent is going to be the next new wave in the media for a while
I invest with Mrs Tina Livingston too, she charges a 20%commission on profit made after every trading session which is fair compare to the effort she put in to make huge profits.
My first investment in mrs. Tina Livingston gave me the confidence that led me to invest without fear of loss. I have already taken 3 of my friends to their guide and they are fine.
Having large lump sums of residual income constantly coming in for life is how you become free financially essential inventions, business ventures, ancient discoveries/treasures fossils etc things that will get you paid forever even after your gone
Its less about where you live and more about Debt To Income Ratio there is no where in the U.S.A where 200k isn’t enough to live off of with good spending habits…Cmon son
Hi happy sabbath. . Apologize for speaking but I need enough to buy a home and to get my daughter. And just to live until my father comes gets us. I'm not money hungry. I don't know what I need. Or want.
$500k annually puts you in the top 1%. You will never obtain this working a job you will have to start a business. EYL should speak more to their listens opposed their tax bracket. Give them knowledge so they can head in the right direction.
That’s not enough!! Hope you have it in non-depreciating assets!! Better get that shit out of the bank!! The greatest wealth transfer known to mankind coming. Are you paying attention? Look up fed now reverse ATMs. Best of luck!! God bless you.🙏
No mention of the 4% rule as a guide or starting point to help someone identify when they can consider themselves financially free. Bill Bengen. Michael Kitces.
living in ny if u make less then 100k yr is hard but not extremely hard lol and if u are not creative then yeah of course living in a place like ny would be hard
This administration has putting so many families into difficult situations, I pray for our country, we need compassion for the American people, I appreciate LUCRETIA for helping me with my little investing $2000 and receiving $8,350 within a week she's the best.
![Kodak Black - Catch Fire [Official Music Video]](http://i.ytimg.com/vi/A4ch-olIuZo/mqdefault.jpg)
My favorite Finance channels: Earn Your Leisure, Stock Brotha, & Wallstreet Trapper. Make my week complete! 🔥 🔥 🔥
I'm 31 single with 0 kids and I make a little under 200k and I don't have a care in the world. I can eat at any restaurant, go to any travel destination, or drive anything I want. I also live in Atlanta. I'm continuing to strive for more but with my income, there's nothing I can't do.
Are you in tech? If so, what is your study?
Winning in life my brother keep on keeping on
@@learningearning8385 Yes, I am in cybersecurity. I've only been in the tech industry for 3 years so my income maybe an anomaly.
Good for you! I hope that high income is translating to a high net worth.
@@rerebrook5057 Yessir, I'm a homeowner and I just bought my first investment property a couple of months ago.
Financial freedom isnt defined by figures in your bank account. Of course more is always looked at as good or better. But its Assets over liabilities. Once you are out of the hole of debt completely& not regulated to any kind of bill or debt collector except for your housing gas light, etc. Once you have gotten to this point along your financial journey you are now one step away from financial freedom. No matter what your wage or annual income maybe. Once you have your house paid off along with assests creating dividends that is what you call financial freedom.
I have a number in mind, but to be honest it's never enough. Life is all about perspective.
The most appropriate answer to the question is it depends upon one’s life circumstances and budgeted lifestyle. It’s I’m unhelpful to throw out exaggerated figures like $28 million lump sum or $200k annual income. It really depends the individual and how they are situated.
I say I want the $28 million yes they’ll take out taxes but after taxes I say invest the whole thing or majority of it in a index fund a one percent gain some days are $200k in a day and plus you get interest out the end of the year
Conversation needs to expand globally because men and women are becoming expatriates. Choosing to live partially or permanently in other countries that have lower costs of living. Median household income in Thailand is $24,000. $50,000 a year is living like a prince.
If you’re making 50k & have the knowledge/energy to go all the way across the world to live why can’t you take that same energy to learn or improve a job skill to get you to 100k salary in the US?
@learningearning8385 everyone chooses the battles they want to have. Some people don't want to play that game. Some people would even choose to make a little less to work remotely rather than make 100k and play the game.
I’m 43, my number is 2.1 million total.
with that number you can retire somewhere in south america
That’s enough if you’re old enough for SS and you have avoided debt.
Match the amount of energy that you consume in order to be happy in life. (Energy for business, home, family, travel, retirement, etc.)
When you’re retired with 25k - 30k monthly income from 401ks and pensions, growth and income investments, and real estate, with a 4-12% continuing growth rate, Lastly you have most of your health still with you from the job you retired from, you should be good to go. Spend wisely, and enjoy the good life.
One of the main variables is DEBT, if you are making $500k annually and you have $100k in CC debt compared to someone who makes the same amount with no debt,,,,big difference, it's about Debt!
500k includes 200k of spending budget that keeps you out of debt, 100k for miscellaneous expenses, 200k for end of life expenses/ health care costs. 300k should be enough to keep you out of debt comfortably
Im straight with $100,000 i kno how to keep it going
I live in nyc and I grossed $170K and its not enough, so I started a side situation that's bringing in an extra few stacks a month that will add an extra almost 100K a year!
I have a check written to myself for 5M by time I’m 45 just turned 40 I’m a make that a reality and I’m cool with that 5M. But I know once I reach that my goal will change
I don't think it's about how much you make, I think it's moreso about how you manage what you make.
I worked for a company that's one of the top companies in its industry at a global level. I saw a lot of their practices when it came to finances; how reactive they were instead of being proactive. The measures they had to take during the down season in order to make budget. So when the pandemic hit and they announced that their CEO and many other top executives would be on a pay freeze, it didn't surprise me. If you are top 3 in your industry, you are making beaucoup money. Making the money is was never the issue. But many entities (individuals and businesses) who make bank also take that bank roll for granted.
Watching the way they handled things gave me anxiety, so I left years before the pandemic.
The best only real wealth is HAPPINESS!!!! If you have 10M to your name or 1M and you’re not happy you’re broke
What happens when you’re unhappy because you’re broke, over 55, with a wife and college age kids you can’t help financially.
Financially free 1 million with earn you 50k/year with 5% cd, so basically you need 10mlion making 5%, 500k/year in residuals… about 300k/year is needed for a family of 5 comfortable freedom.
Just because a stock/crypto is going up doesn’t mean it’s a good investment. just because a stock is going down doesn’t mean it’s a bad investment. theres more to a stock than just its stock price. An entire company more. focus on the company, not just the stock price or the bitcoin price, I trade and hold profits keep up the great work! and also Jacob Kucia has been doing a great job reviewing all chart, trade and techniques on BTC which has enhance the growth of my portfolio to 17 BTC lately.
yeah that's right l recommend his trading services for you, his strategies !s working for me at the moment
Simple step-by-step process, excellent communication and response times. The service was extremely streamlined and friendly throughout. Would recommend them to anyone give him a reply
What's his Telegram
Asking ?
Kuciajake
Thanks for dropping this information, I just sent him a detailed message on tele
Financial freedom has always been my top goal. The question I redundantly juggle; is it my fault I’m not working hard enough to add value? Or is it outside forces at play?
Funny thing is in this world we are living in it will never be enough if you put a dollar amount on it cause everybody is not the same. Some can be good with 200,000 and some can be good with 2 million. It is on that particular person to make it work for them.
120 Million for me
That's super freedom! 😂😅
@@cloudnationmedia8326 lol aye they asked and that’s freedom for me! Independence is much less but freedom is a whole other thing in my book
Good luck
This administration putting families into difficult situations, I feel for the seniors and people with disabilities not getting the help they deserve. You’ve helped me a lot Millie Russell. Imagine investing $1000 and receiving $6700 in 5days.
Even if retired, I have lots of investment with her. I started investing in coin ever since a colleague referred me to her. I love Mrs Millie!!
Tax rate in U.S economy keep getting more scary this days. If you do not find a way to multiply your money you might wake up a day to realize you didn't plan well for yourself.
I consult Millie before making any investing decisions. She always has a precise representation of what is happening in real time across various financial markets. She simply excels at her field.
*SHE MOSTLY INTERACTS WITH THE USER-NAME BELOW ON TELEGRAMS!*
*Mrs Millie1*
This is why it is important to teach our people about the power of travel, while the rest of the united states struggles to live a middle class lifestyle , there are some of us who get a better bang for our buck using our United States dollars overseas. learning how to build communities thru integration in other countries .. but people that don't know about the world can only give you what they know about the United States and end up telling you to get married to afford the life. without mentioning the fact that marriage ends in divorce 43 percent of the time in the United States. 98 percent of the time the man leaving with more he came in with. no pun intended... anyone that would tell you to act on your emotions and get married when statically there is only a 57 percent of success long term .. than I would suggest you reconsider the logic
It’s all about money management. My husband and I live in the DC area and we can live off of $50,000. We are debt free. We budget our money and live below what we make (over $100k).
It literally about your lifestyle. Idk what they are talking about not being able to live on under 100k. I make 120 and live off 50. It seems this we can’t afford rent is going to be the next new wave in the media for a while
I really appreciate the dedication in each video you post, I was able to build a big income stream investing with Mrs Tina Livingston
wow.. amazing to see others who trade with Mrs Tina Livingston, i'm currently on my 5th trade with her and my portfolio has grown tremendously.
I invest with Mrs Tina Livingston too, she charges a 20%commission on profit made after every trading session which is fair compare to the effort she put in to make huge profits.
My first investment in mrs. Tina Livingston gave me the confidence that led me to invest without fear of loss. I have already taken 3 of my friends to their guide and they are fine.
She interacts mostly on Telegram with username below.
INVESTWITHOFFICIALTINA 👊🏻👊🏻👊🏻
Having large lump sums of residual income constantly coming in for life is how you become free financially essential inventions, business ventures, ancient discoveries/treasures fossils etc things that will get you paid forever even after your gone
Agree
I inherited and invested 400k. I feel rich living in poor ass l broke Louisiana
What was the number franklin Saint was willing to settle for I need that.
Your passive income and active income has to be double of your lifestyle cost in order to be free.
Its less about where you live and more about Debt To Income Ratio there is no where in the U.S.A where 200k isn’t enough to live off of with good spending habits…Cmon son
I agree
Hi happy sabbath. . Apologize for speaking but I need enough to buy a home and to get my daughter. And just to live until my father comes gets us. I'm not money hungry. I don't know what I need. Or want.
$500k annually puts you in the top 1%. You will never obtain this working a job you will have to start a business. EYL should speak more to their listens opposed their tax bracket. Give them knowledge so they can head in the right direction.
Half a mill annually??? Ten million???
Phew! 😅
Diddy simply got returns he has out out over the years. Reap and sowing principles.
£600k
If someone had their last $100 to invest, what would be your best advice/suggestion?
Buy books on money and investment.
$1,000,000 in stable investments is financially free to me.
Talk about detroit
That’s not enough!! Hope you have it in non-depreciating assets!! Better get that shit out of the bank!! The greatest wealth transfer known to mankind coming. Are you paying attention? Look up fed now reverse ATMs. Best of luck!! God bless you.🙏
No mention of the 4% rule as a guide or starting point to help someone identify when they can consider themselves financially free. Bill Bengen. Michael Kitces.
I agree with 10 million after taxes
10 million? I love EYL but I think they are getting jaded by hanging with billionaires and athletes.
😂😂😂
$10MM
1 mil a cool start but every dollar spent should bring 10 more back to you how it should be. Something like that.
living in ny if u make less then 100k yr is hard but not extremely hard lol and if u are not creative then yeah of course living in a place like ny would be hard
Chicago is expensive to live in too!
Please talk about Diddy and what we can learn from it one day!
You guys mean NYC not New York upstate NY is much cheaper.
I just got to the number part.. we are all thinking 10 million.
I fully support professional athletes getting appropriately compensated.
This administration has putting so many families into difficult situations, I pray for our country, we need compassion for the American people, I appreciate LUCRETIA for helping me with my little investing $2000 and receiving $8,350 within a week she's the best.