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Financial Independence is NOT Financial Freedom | 491

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Money Ripples Podcast

Money Ripples Podcast

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What's really a financial freedom vs financial independence? What's the big difference?

Most people often think that financial independence and financial freedom are the same and use the terms interchangeably. Several factors make them different and a checklist to determine whether a person is financially free or independent. Today, Chris Miles explains the big discrepancies between these two ideas. This episode also highlights the importance of having an abundance mentality in your journey to your goals.

Learnings From This Episode:

  • Good and Bad things About the FIRE Method
  • Common Beliefs of Most People Doing FIRE Method
  • Differences Between Financial Independence and Financial Freedom
  • Why People Claiming They're Financially Independent are NOT Financially Free
  • Impacts of Mentality and Motivation in Achieving Financial Independence and Financial Freedom
  • Importance of Working on Your Abundance Mentality
  • Bad Effects of Living in Scarcity to Achieving Your Goals

Chris Miles, the "Anti-Financial Advisor," is a leading authority on how to quickly free up and create cash flow for thousands of his clients, entrepreneurs, and others internationally! He’s an author, speaker, and radio host that has been featured in US News, CNN Money, Bankrate, Entrepreneur on Fire, and spoken to thousands getting them fast financial results.

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  • https://www.youtube.com/channel/UCJS6bPY8sm53pkjiCSuBKMA

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