[Financial Freedom Story] Target Amount for Freedom

The Cost of Financial Freedom

After calculating the expenses you incur without working,

multiplying that amount by the remaining years of your life gives you the amount of money you need for financial freedom.

Most salaried workers hit a roadblock here,

For example, if your monthly expenses are 5 million won and your annual expenses are 60 million won,

and you have 50 years left to live,

you would need a substantial 3 billion won. Can you earn this large sum during your remaining working years?

It's unlikely. Setting a target amount for financial freedom often leads to failure to achieve it.

To achieve financial freedom, the focus should be on how to generate 5 million won in monthly living expenses

without working.

Instead of focusing on how to earn a lot of money,

it's far more important to find a way to earn money consistently.

It's possible to create such a cash flow without a large sum of money.

There are plenty of resources on YouTube that explain how to do it.

Finding a way, thinking it through, implementing it – that's what's important.