After all, the passive income that some people rely on to achieve financial freedom essentially comes from the active income of most people. Without quantitative restrictions, a normal social system can easily fall into a state of collapse. Because no one wants to work hard for money anymore.
Therefore, people who can achieve financial freedom are properly thick golden thighs ~
Seriously, financial freedom has little to do with age, but people who can achieve financial freedom before the age of 30, that is, five or six years after graduation, are generally "gifted", either with well-off family or outstanding ability.
What did people who have achieved financial freedom before the age of 30 do right? Financial freedom lies in the right to choose: devote yourself to work when you want; And when you don't want to work, you can also rely on investment to meet your daily needs.
"Financial freedom" means: the so-called "personal wealth freedom" means that someone no longer needs to sell his time to meet the needs of life.
Before realizing financial freedom, we should not care too much about money itself, but should pay more attention to our financial quotient and earning ability. If you have enough financial quotient and earning power, the money will come.
How to achieve financial freedom before the age of 35 was repeatedly invited by friends. Yesterday afternoon, I gave a speech entitled "How to achieve financial freedom before the age of 35" in a club she opened, which aroused great repercussions. Most of the audience are young people, including bosses, white-collar workers from foreign-funded enterprises and doctoral students. This is my first speech on financial management. Compared with the PPT report in the company, it is more interesting and challenging. After the speech, all kinds of audience answered all kinds of questions. I think it is very meaningful to help young people to establish the concept of wealth earlier, arm themselves with the thoughts of the rich and see the economic trend of the world earlier. As soon as the speech was over, someone asked me for the speech on a USB flash drive. I think it's better to simply share it with all bloggers here, so that more people can benefit from it and realize financial freedom earlier, so as to live the life they want and do what they want. The world will be more colorful! First of all, I introduced the main content of today's speech, which is divided into the above four modules. Then I began to talk about some basic concepts of financial management. Financial freedom means that passive income (that is, income from not actively working) is far greater than your expenditure, or it is greater than the average income of the middle class in China (the average income of the middle class in China is 300,000 yuan at present), so I calculated that it will take about 4 million yuan (fixed rate of return is 7-8% per year) to achieve financial freedom. Unexpectedly, this PPT appeared, which caused a burst of laughter. I think this number is too small. After all, I haven't counted inflation. So I said, you will feel that you can do it! Then I explained what financial management means. The core of financial management is to increase revenue and reduce expenditure, first keep accounts, then reduce expenditure through your own consumption desire, and finally find ways to increase income. He also said that investment is to make Qian Shengqian, and mentioned the magic tool of compound interest. Finally, I talked about the relationship between assets and liabilities. If you use your savings to buy debts, you can't invest. The following are some PPT in the first stage. Second, the difference between the rich and the poor Let me explain first. The poor refer to those who have not achieved financial freedom, including most of the middle class. Before I speak, let me ask you a question. Who thought about this question? Only two friends raised their hands, so I invited them to talk. Their answers were vague, but they were all thinking. Then I analyze them one by one, which makes everyone think. Is it knowledge? Is it diligence? Is it luck? Finally, let me reveal that the answer is concept! Then I talked about the flow of funds in society. Rich people borrow money from banks to start companies and hire poor people to produce goods. The poor get wages from companies, some people buy goods and consume them, and some people deposit their wages in banks. * * * While collecting various taxes, it keeps issuing money. Finally, I want you to think about how the rich get tens of millions and hundreds of millions of assets. 3. There is actually a lot to say in this part of macroeconomic analysis, but considering the limited time for my speech, I will begin to say one thing: the similarities between China and Japan in the 1970s will cause people to think about what is the best investment target in the world in the next decade. I wrote it in my previous blog, so I won't copy this part of PPT (the screenshot is too troublesome). Interested friends can have a look at the article I wrote last year, "A structural bull market is going on". Although there is only one PPT to realize financial freedom, I have been talking about it for a long time. I hope you can think with the thinking of the rich, find out the law of wealth operation, read more books, learn more about financial management, such as futures, warrants, foreign exchange and gold, and think more about some economic problems. Why is the CPI in China so high now? Communicate with the rich more, sum up your investment results, take action immediately, and make 3-5 years financial goals and detailed financial plans for yourself or your family. Through this speech, I found that it is really meaningful to talk about topics of interest to me, enjoy warm applause again and again, and show my value while helping others.
Are there many people who realize financial freedom? This word always makes people think, and many people pay attention to it on Zhihu, probably because it is the realm of life pursued by many people. I don't know if it is financial freedom, because I have contacted many rich people because of my work, but most of them have tens of millions of net worth and can have time to do what they want. I understand it should be financial freedom.
There are two kinds of people who are financially free, one is Meng Zuyin, and the other is self-struggle. The former is usually called "rich second generation" and "three generations" ... the latter is often the wealth accumulated through their own efforts. The former is not uncommon among financial liberals, but the black sheep rich second generation, which is common in media reports, is not common. Unless you are a nouveau riche, the rich are far better at cultivating and educating the next generation than ordinary people, and the chances of cultivating a black sheep are actually not great. I haven't seen much.
No matter the rich second generation or the financial liberals who create their own wealth, they all work hard, knowing that their today is hard-won, and they are also worried that they will slip into the next social class.
One of the major pain points in China society at present, or the coming pain point, is the gradual solidification of social classes. Class solidification means that people's rising channel is getting narrower and narrower, which is a problem that more and more people are beginning to worry about, and it is also a problem that has appeared in European and American societies. Behind this is people's anxiety about wealth and social status. Realizing financial freedom is naturally the top part of the social class, which everyone envies. Do you think those who succeed in it will give up easily? Like sailing against the current, if you don't advance, you will retreat.
Financial liberals, who we are used to, may be empty, lonely and confused, because they feel as if they don't need to work hard when their money reaches a certain level, as the netizen in Zhihu asked below. I can't say this is nonsense, but there must be yy elements, and there must be elements that echo the public psychology.
Don't be misled by the bosses and rich second generation in TV dramas, thinking that they live a luxurious and idle life. Judging from the financial liberals I have contacted (there are hundreds directly or indirectly), their lives are mainly concentrated in these aspects.
What are the important factors for ordinary people to achieve financial freedom? Normal work cannot achieve financial freedom, but can only maintain a minimum well-off life. Because in the income sharing of enterprises, the share of migrant workers is actually very small, especially in the case of so many unemployed people now, the human resources of ordinary people are worthless. To achieve financial freedom, we must invest, and the sooner the better.
What channels are there to realize financial freedom?
1, lease the property;
2. Dividends or fund dividends;
3. Bank time deposits and monthly income plans;
4. Royalties, remuneration and other income from book or music creation;
5. Advertising revenue from blogs or websites;
6. Ex-husband or ex-wife, child support or monthly living expenses compensated by children's trust fund;
7. Rental professional qualifications or academic qualifications.
Among them, renting real estate is the most common channel for people to realize financial freedom, but it is also the most expensive way. The advantage is that once a property is rented, it can generate passive income, usually a high-quality asset that generates cash flow for a long time. It is usually best to have full ownership of the property, because financial freedom can be maintained during the empty lease period, and there is no pressure of mortgage loan.
The method of realizing financial freedom quickly 1. The proportion of financial investment of high net worth groups is increasing day by day.
The proportion of fixed wages, bonuses and corporate dividends in the wealth sources of high net worth groups in China. It shows a downward trend, while the proportion of investment in wealth management products shows a steady upward trend. Relatively speaking, they have a more positive and optimistic attitude towards financial investment, a more rational and lasting attitude and investment confidence.
Their investment in PE equity investment is more valuable. In order to better increase wealth, investment choices are more likely to collide with future wealth gathering hotspots, such as the new economic board, which provides a safe and worry-free investment platform. Studying and learning some investment methods and strategies will help other middle classes to quickly enter the fast lane of wealth accumulation.
Second, equity investment helps to realize financial freedom at an early date.
As a new affluent class and middle class, investing in PE will not only bring more appreciation space for their wealth, but also make it easier for them to pursue financial freedom. Taking the new economic board as an example, investing in high-growth enterprises in the new economic industry on the platform is equivalent to buying an original stock. When an enterprise grows bigger, it is easy to get ten times or a hundred times the income.
In addition, through such equity investment, you will have a sense of accomplishment and control as a strategic investor. The high-growth and high-quality projects selected by the New Economic Board mainly come from artificial intelligence, great health and new materials, which meet the needs of investors pursuing innovative potential enterprises. By investing in projects or enterprises that interest you, you can realize your ideals and pursuits in life and add weight to the value of life. This is undoubtedly a major reason why PE equity investment has become an investment feast for the mass affluent class.
Third, the wave of mass entrepreneurship boosts the development of equity investment.
The core tool to realize financial freedom is personal ability, and financial freedom is manifested in eating and drinking.
Feasible schemes to achieve financial freedom before the age of 40 (please answer carefully and refuse nonsense) are often rare, but you can enjoy real financial freedom. The following is the implementation plan: it is not difficult to succeed in the financial field, as long as you manage yourself as a company. A company must have a purpose, a goal and rules and regulations, so it takes time to make plans and programs. To be meaningful, the formulated plan must be implemented.
First of all, you must realize that it is extremely difficult to control yourself. For your great blueprint, you must work out a set of methods, including restraining your bad habits and emotions like a beast.
Start by managing your own behavior, because no matter how many grand plans you have and dreams of enjoying life, if your behavior doesn't cooperate, you can't succeed actively or passively.
Borrowing a ready-made management plan is also using the wisdom of others, and there are many methods and tools to choose from.
It is not easy to find a person who has been to that realm and consciously contact and approach him. People who can really tell you wealth, wisdom and control money rarely appear in your visual range, because they will not choose to appear in casinos with struggling people. They may enjoy the sunshine on the beach, or live a quiet life in a suburban manor.
Gai Lou, for example, can't start by designing a small room. If we start with solving the immediate problem, it will be like this: first find a bed, then have a room, then have a toilet, then have a kitchen, then have a hall, … if there is one more person, then have another room … and then add a floor … What will be the final result?
Safety first, we must first know what is safety and what is the concept of safety? Long-term planning must be a comprehensive plan, considering not only all foreseeable factors, but also unforeseen factors.
If you are young, you can try to make a 25-year investment plan. Do risk management well. There are many things that may happen, but we must not stop doing it because of the unknown, otherwise we will fall into the mode of solving only the immediate problems.
Give full play to your imagination, what do you want to do in the future, and start to act in combination with your current ability, and the fruits will be waiting for you there.
When you are making a plan to get rich, don't forget that countless others are making their plans to get rich just like you. If you are not careful, your money will flow into other people's pockets.
If you don't plan, you will become someone else's plan. How to ensure that you will never make mistakes in your life? Can you guarantee that you will always be in the best defensive state, and are you willing to live a life without future and security with the people you love?
When can your parents who are struggling to support you enjoy the peace of life?
When can I live a chic and dignified life?
You might as well think deeply, thinking is definitely not an easy and pleasant process, but omitting it is equivalent to losing the process of treasure hunting.
Wealth and freedom are not out of reach. Are you willing to stop busy and give yourself some time to listen to your real needs?
How many people are willing to achieve real time and financial freedom? Financial freedom means that you don't have to work hard to make money for living expenses. Simply put, the passive income generated by your assets must at least equal or exceed your daily expenses, which is the state that most of us are most eager to achieve. If we enter this state, we can call it retirement or other names.
If you spend 1000 yuan a month and you can get10/0/yuan of passive income without any effort, then you have achieved this enviable financial freedom. The thousand yuan in this example is called the "critical point".
Once we break through this critical point, we can live without working as long as there is no catastrophe. Of course, if you like your job, you can continue to do it, or you can choose what you really like to do, instead of doing things that you are unwilling but helpless because of life.
In terms of financial freedom, assets are things that you can put money in your pocket without working (assets generate passive income), while liabilities are things that take money from your pocket, so your private car is no longer an asset in the ordinary sense.
A set of property that is rented out for profit is an asset, because it is completely owned by you, and the monthly income offsets the property tax you pay and there is a surplus. The house you live in is no longer an asset, because you have to bear the mortgage and the resulting loan interest. Even if you pay off the mortgage and loan interest, you have to bear the expenses of housing maintenance, property tax and other projects.