OpenF2F Class Notes 6th September (Celeste)

hype / hike

lease / rent out

huge sum of money = bonus / raise in salary

Original

Financial freedom

In my opinion, financial freedom means someone who have enough money to do whatever they want to do.

For example, a best-seller who can live off royalties; The man who have ten apartments can earn money through renting them out instead of doing a nine to five job; A funder of high market value will be rich once his company appealing in the NASDAQ. These people achieved financial freedom through their talent or luck.

How can we reach the goal? I don’t know. There is one thing I know that these people, who achieve financial freedom, their objective is absolutely not to make money, expert for these lucky guy, who inherited the money or real estate from their parents, but they will not happy for a long time, we’ll see.

We didn’t see best sellers stopped writing after they have enough money, we didn’t see funders of big enterprises traveled around the world instead of work harder. They have had enough money to do whatever they really want to do, like Jack Ma and Elon Musk. What they think of is not making money, but changing the world.

So before you start planning how to achieve financial freedom, you should give yourself a clear goal.

Edited

Financial freedom

In my opinion, financial freedom means someone who has enough money to do whatever they want to do.

For example, a best-seller who can live off royalties; a man who has ten apartments can earn money through renting them out instead of doing a nine to five job; A founder/entrepreneur/CEO who’s company  is of high market value will be rich once his company launches in the NASDAQ. These people achieved financial freedom through their talent or luck.

How can we reach this goal? I don’t know. There is one thing I know that these people, who achieved financial freedom, their objective is absolutely not to make money. Except for these lucky guys, who inherited money or real estate from their parents, but they will not be happy for a long time, we’ll see.

We didn’t see any best sellers stop writing after they had enough money, we didn’t see any CEOs of big enterprises travel around the world instead of work harder. They have had enough money to do whatever they really want to do, like Jack Ma and Elon Musk. What they think of/about is not just making money, but also changing the world.

So before you start planning how to achieve financial freedom, you should give yourself a clear goal.