“Financial independence is the status of having enough income or wealth sufficient to pay one’s living expenses for the rest of one’s life without having to be employed or dependent on others. Income earned without having to work a job is commonly referred to as passive income. Others define financial independence differently according to their own goals. There are many strategies to achieve financial independence, each with its own benefits and drawbacks. Someone who wishes to achieve financial independence can find it helpful to have a financial plan and budget, so that they have a clear view of their current incomes and expenses, and can identify and choose appropriate strategies to move towards their financial goals. A financial plan addresses every aspect of a person’s finances.” [Wikipedia]
Financial independence is the dream of many; achieving freedom from reliance on a job or other people and having enough money to cover life’s expenses. Having an effective financial plan is key in realizing this goal, as it provides clarity into one’s current finances and helps develop strategies that will move towards desired objectives. However, there isn’t just one path to achieving financial security – different approaches may be needed depending on individual goals. It all comes down to finding what works best for your own unique situation!
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Financial Oppression on Millennials (Bitcoin can help)
Millennials are the most connected and informed generation in history. But, we’re also the most financially vulnerable. Why? Because we grew up in an age of media manipulation and are now being oppressed by governments & financial institutions. But all hope is not lost! Bitcoin can help us millennials break free from this oppression. With […]
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Own your home and increase your cash flow
Owning your own home is a major milestone in life – it can provide stability, comfort, and the freedom to customize and remodel your property to suit your lifestyle. But there’s more to homeownership than just having a roof over your head. With the right strategy, you can use home ownership as an opportunity for […]
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13 Principles of Financial Independence
If you’re like most people in their 20s and 30s, you’re probably looking for ways to become financially independent. It can be tough to save money when you’re young and just starting out, but with a little bit of effort, you can stride toward financial independence. Here we will give you the thirteen Principles to […]
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Money Mindset: Why You Need to Change Your Thinking About Wealth
If you want to change your financial future, you need to start by changing your money mindset. Your relationship with money is influenced by your upbringing, your environment, and your own thinking. If you grew up thinking that money is the root of all evil, it’s going to be very difficult to amass wealth. But […]
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5 Best ways to get out of debt
Are you struggling to get out of debt? You’re not alone. According to a article by Forbes, 78% of workers live paycheck to paycheck and nearly 3 in 4 workers say they are in debt and more then half think they always will. But there are ways to get out of debt and become financially […]
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Do it Yourself Credit Repair
Many individuals are confronted with the challenging duty of credit repair. They may have fallen behind on their credit cards and must fix some late payments and poor credit history choices as a result of it. Credit repair is not as difficult as many people might think. It takes time, but it can be done. Check your credit […]
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How To Budget for a House
Are you a first-time home buyer who’s worried about the process and costs? You’re not alone. But don’t worry, we’re here to help! In this blog post, we’ll give you tips on how to budget for a house, from saving money beforehand to understanding your expenses during and after the purchase. So read on, and […]
Disclaimer: I would like to remind everyone that I am not a professional adviser and what I share here with you is based on my own personal experiences and research, and contains subjective opinions. Thus, Ricardo Cortes and Consigliere Nomade, LLC is not liable for the information you decide to use or take from this site. Research and form your own conclusions. If you find anything on this site that you disagree with, please contact me at [email protected]