What is financial independence? #business #investor #entrepreneurs

What is financial independence?

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Using assets and cash flow to achieve financial independence
When it comes to business and investing, is important to note the financial words involved in the cash flow language. Just like any profession, each has its own vocabulary.

Interesting words are free, and if we do not need money to make money, then getting wealthy the highest financial IQ way is free legally. Yes, because the number one job on entrepreneur and investor is to raise capital and the number one skill is to sell.

That is why learning about business and sales is critical to become a master investor. However, being a master investor means we understand the power of knowledge and more in the Information Age, therefore, it is an ongoing devotion to studying and applying business knowledge. In other words, we do not graduate from entrepreneurship. We continue to learn as we apply the concepts into our real life. What is financial independence?

The three-step formula to achieve financial independence
The following formula is what we we used at Master Investor, LLC to be financially free and wealthy. The formula is this:

1- We buy and create assets that generate cash flow

2- The cash flow from our assets pay for our living expenses

3- Once our monthly cash flow from our assets is equal to or greater than our monthly living expenses, then we are financially free because our assets are cash flowing and are working for us to generate true wealth

When the formula is completed, we no longer have to work for money. When we no longer have to work for money, we are financially independent.

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