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 --- A GOPHER-LIKE INTERFACE FOR HIVE BLOCKCHAIN ---

Vlog 220: My version of financial freedom.

BY: @exyle | CREATED: Feb. 16, 2018, 9:02 a.m. | VOTES: 560 | PAYOUT: $296.85 | [ VOTE ]

In the Netherlands there are several stories of people won a lot of money in the lottery and then spend it all on consumers goods. And that's really sad. Because it's such a waste of a good opportunity.

For me, financial freedom means having investments that in total generate enough income every month so you can pay the bills and other things you like to do.

In that way you don't have to touch your base but can live of what your investments generate.

And, yes. You might not be able to buy expensive stuff. But you do get financial freedom in return.

And I think that's way more valuable.

I talk about it more in my vlog.

https://steemitimages.com/0x0/https://steemitimages.com/DQmf84t6h3Ds3PRaKvNgnSgL9WZuWzphjXhBKJDfpGDun4g/Exyle%20logo%20final%20_%20RGB-04.png

I am a witness with our developer group @blockbrothers for the Steem blockchain. If you want to support us I would appreciate your vote here.

We build Steemify a notification app for your Steemit account for iOS.

Get it Here:

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TAGS: [ #life ] [ #story ] [ #writing ] [ #exyle ] [ #dtube ]

Replies

@kouba01 | Feb. 16, 2018, 9:03 a.m. | Votes: 3 | [ VOTE ]

I agree with you..Invest in the Markets, you can do this.

@grisotti | Feb. 16, 2018, 9:07 a.m. | Votes: 1 | [ VOTE ]

Quite possible... But it won't be easy...

@jakboy | Feb. 16, 2018, 9:03 a.m. | Votes: 1 | [ VOTE ]

wow very excellent

@ogejoy | Feb. 16, 2018, 9:04 a.m. | Votes: 0 | [ VOTE ]

That's a good vision, you have my support

@jahirul18 | Feb. 16, 2018, 9:04 a.m. | Votes: 1 | [ VOTE ]

very excellent

@abfictionstories | Feb. 16, 2018, 9:04 a.m. | Votes: 0 | [ VOTE ]

Hmmm, your words are deep @exyle ...you just know the right words to say. Weldone!

@mafi001 | Feb. 16, 2018, 9:04 a.m. | Votes: 0 | [ VOTE ]

yes ,your idea is so great.

@grisotti | Feb. 16, 2018, 9:05 a.m. | Votes: 2 | [ VOTE ]

Financial freedom is one of the main indicators of success. It is impossible to call the person successful if he feels constraint in money. Not money breeds evil, but their absence. How many crimes were committed because of money, how many people have lost morality and humanity due to their absence.
When they say that happiness is not in money, it is true. But their absence is a source of misfortune. Therefore, achieving financial freedom is so necessary not only to build success, but also a happy life.

@salma-akanda | Feb. 16, 2018, 9:06 a.m. | Votes: 0 | [ VOTE ]

some how i agree with you.

@mdismail | Feb. 16, 2018, 9:06 a.m. | Votes: 0 | [ VOTE ]

Wow..great writing...i appreciate this story...best of luck....

@muhammadzumairy1 | Feb. 16, 2018, 9:06 a.m. | Votes: 0 | [ VOTE ]

the video is good

@tolustx | Feb. 16, 2018, 9:06 a.m. | Votes: 2 | [ VOTE ]

> For me, financial freedom means having investments that in total generate enough income every month so you can pay the bills and other things you like to do.

This is very correct and the earlier people see it this way, the better for them. Money, especially that which is gotten on a platter of gold should be used to make more money since it was not on any particular budget before, instead of waste in on consumption.

I think the notion that since this has come, more will also come is what makes people squander money gotten on a platter. Some even spend on things that are detrimental to their heath. That's how some kill themselves with their money.

@cryptotem | Feb. 16, 2018, 9:07 a.m. | Votes: 16 | [ VOTE ]

Definitely an important topic to talk about @exyle! Would you say financial freedom is the same thing as financial independence?

I've calculated that to be financially free and have a netto month income of €2.000 per month, you basically only need €625.000 invested in World Index Trackers with the assumption of 7% return per year. This way, you wouldn't have to touch your principal amount, which is key to financial independence!

For the last 90 years, this has been the average return on the stock market (dividends + price increase) and should be doable (although I would wait out the upcoming crash/correction on the stock market before putting money in). I am not even talking about investing in crypto, which currently seems to have much higher returns ;-)

Personally I am aiming for a combination of investments in crypto, index trackers and real estate.

Of course that €2.000 netto is only enough for 1 person. When you are with 2 people, you need approximately a little bit less than €1.000.000 (and not talking about potential costs of having kids of course).

I believe this is actually quite doable and achievable if you don't spend too much money on consumer goods. And here I am talking about 'retirement' in The Netherlands. If you retire in South-East Asia, you need a lot less and can be financially free much earlier.

Btw, great move of cancelling that contract with the big client. Must give you a lot more freedom and a good feeling of not having to be on call 24/7. I am curious how you feel when you cancelled the last one of those 24/7 contracts, must be amazing!

Keep up the good work!

@the-traveller | Feb. 16, 2018, 9:39 a.m. | Votes: 4 | [ VOTE ]

Check out Mr Money Moustache, he explains the (rather simple) math behind "retiring early"
https://www.mrmoneymustache.com/2012/01/13/the-shockingly-simple-math-behind-early-retirement/

http://www.mrmoneymustache.com/2011/09/15/a-brief-history-of-the-stash-how-we-saved-from-zero-to-retirement-in-ten-years/

@cryptotem | Feb. 16, 2018, 10:02 a.m. | Votes: 0 | [ VOTE ]

Thanks! I know Mr. Money Moustache and I actually did some of my calculations based on his ideas ;-) Great guy!

@andriesvw | Feb. 16, 2018, 2:48 p.m. | Votes: 1 | [ VOTE ]

I'm generating the same kind of income, though my investment costs were waaaaayyy less. I know everyone is not a fan, and some people are very sceptical, but Bitcoin mining has given me total freedom from the corporate office job I used to have.

My initial investment was around $30 000, and I now generate anything between $1500 - $3000 per month. Just letting you know, there are alternatives :)

@cryptotem | Feb. 16, 2018, 8:47 p.m. | Votes: 0 | [ VOTE ]

That was a good move @andriesvw! Awesome that you have been able to do that :-)

@markkujantunen | Feb. 16, 2018, 4:08 p.m. | Votes: 2 | [ VOTE ]

Yes, you can live with less in a developing country. But in places like the Netherlands you have your medical expenses pretty much covered by being a citizen or a permanent or semi-permanent resident. Getting cancer or a stroke can be a total financial disaster in a third world country or a country that doesn't have universal coverage if you don't have an insurance policy with extensive coverage. Such insurance policies tend to be quite expensive. You should factor that into your cost of living in a third world country.

@cryptotem | Feb. 16, 2018, 4:29 p.m. | Votes: 1 | [ VOTE ]

That is a very good point! Never thought about it like that. Thanks for commenting :-)

@markkujantunen | Feb. 16, 2018, 4:35 p.m. | Votes: 1 | [ VOTE ]

When you're young you are better able to risk living in a third world country from a cost of healthcare point of view. But if you're middle aged or old the prospect of becoming seriously ill should give you a pause. Also, if you become incapacitated by serious illness, you could end up in a horrible place unless you have become part of a community of trustworthy people. In welfare states, you will be taken care of by the system.

@petrmisan | Feb. 16, 2018, 10:23 p.m. | Votes: 1 | [ VOTE ]

If a global cryptocurrency become dominant, then the arbitrage benefits of living in a poorer country with lower USD forex rates will be less.

@camilus | Feb. 16, 2018, 9:07 a.m. | Votes: 5 | [ VOTE ]

You are so correct!... i read this now and I'm screaming to my friend here with me " this man knows what I'm talking about!!!"

Imagine me getting $100 from steemit and buying ice cream with it? That's wrong!
What happened to opening a store with it?
Or like my dream cake house?
Or start a trade no matter how small?

People just dont know how to invest, i tell you!

@exyle | Feb. 16, 2018, 4:45 p.m. | Votes: 0 | [ VOTE ]

Yes, for me most of it is about long-term investment and working towards a bigger goal.

@febradaytamarra | Feb. 16, 2018, 9:08 a.m. | Votes: 0 | [ VOTE ]

you have agood point @exyle everyone must learn to value every opputunity,, specially when it talks about money..

https://s-media-cache-ak0.pinimg.com/originals/e7/ae/38/e7ae3864e1c0b1ef8ebeddc27bfd9b96.jpg

@jhaysnsonofbenz | Feb. 18, 2018, 1:12 p.m. | Votes: 0 | [ VOTE ]

This image is so on point...
I didn't come into the world just to pay bills... No please!!
I have been looking for avenue to invest the income I make monthly cus I really don't want to be working for money but I want money to work for me...
Thanks @exyle for this information

@rojibblack | Feb. 16, 2018, 9:08 a.m. | Votes: 1 | [ VOTE ]

essential post.........i like your every post.........@exyle

@greenwhell79 | Feb. 16, 2018, 9:09 a.m. | Votes: 0 | [ VOTE ]
@muhamadin | Feb. 16, 2018, 9:09 a.m. | Votes: 0 | [ VOTE ]

you do a great thing for your development, and can be a motivation for others

@markzuckerbergs | Feb. 16, 2018, 9:10 a.m. | Votes: 6 | [ VOTE ]

To get financial freedom we need to invest in assests not in liabilities. Assets will provide you passive income.Once you start opening up streams of passive revenue, you won't be able to stop. With the profits you make from these income streams, you can reinvest in even bigger, more diversified streams, and slowly build an empire of self-perpetuating revenue--at least, that's the dream.

@cryptotem | Feb. 16, 2018, 9:24 a.m. | Votes: 0 | [ VOTE ]

You must have read Rich Dad Poor Dad as well ;-)

@exyle | Feb. 16, 2018, 4:42 p.m. | Votes: 0 | [ VOTE ]

that's sound like a good way to do it.

@wa2qr | Feb. 16, 2018, 9:10 a.m. | Votes: 0 | [ VOTE ]

Financial freedom is much more than having money. It’s the freedom to be who you really are and do what you really want in life. And many of us, especially women, lose site of this by putting others first and playing many different roles such as parent, spouse, employee, friend, and more.

@anikearn | Feb. 16, 2018, 9:10 a.m. | Votes: 1 | [ VOTE ]

You trully said my dear friend,financial freedom means having investments that in total generate enough income every month

@waqarh44 | Feb. 16, 2018, 9:10 a.m. | Votes: 0 | [ VOTE ]

great post

@davidamsterdam | Feb. 16, 2018, 9:11 a.m. | Votes: 3 | [ VOTE ]

Thats were i would love to go financial freedom...
I am investing maybe in 1 or 2 years this could work out but i wont count on it and i will keep working. If it does grow then it would be nice...

Thank you for upvoting my comments @exyle thats very kind off you.

@lets-tech | Feb. 16, 2018, 9:11 a.m. | Votes: 0 | [ VOTE ]

Exactly correct, investments allow you to stop worrying as much about money and gives you the opportunity to take care of more important things in your life, like health and family

@samal | Feb. 16, 2018, 9:12 a.m. | Votes: 1 | [ VOTE ]

Whenever I jam the expression, financial freedom, say to myself, will it ever be realistic for me?
Optimistically speaking, I am assured to an average extent that, it is achieveable! Many have gained financial freedom through legit means by virtue of hard work and persistence, why can't I, at least in a bit.

@rocksg | Feb. 16, 2018, 9:12 a.m. | Votes: 1 | [ VOTE ]

It is said that a penny saved today is the penny earned tomorrow. I truly agree with your opinions.

@eunireal1 | Feb. 16, 2018, 9:12 a.m. | Votes: 4 | [ VOTE ]

Just as you said @exyle it is truly way more valuable to gain financial freedom through investments and the steemit is a great investment because I have been able to generate part of my clearance fee for my institution as a graduate through this platform and my mum and dad would have lesser burden financially henceforth.
I am glad you dropped this post to remind us all in making a life time investment so as to secure the future.
You are truly a one of a kind witness @exyle keep the good work up I am definitely richly impressed going through this post of yours🌸🌸.
Keep been your awesome self dearie.

@mickyscofield | Feb. 16, 2018, 12:30 p.m. | Votes: 0 | [ VOTE ]

Awesome point!!!

@sistem | Feb. 16, 2018, 9:12 a.m. | Votes: 6 | [ VOTE ]

Wow the temperature is at -8 degree and the sun is out that much? That's awkward though . It's really hot over here.

Speaking of financial freedom, I don't think there is a better explanation that that which you have given in you video.

To me ,financial freedom is being able to afford the basic things you need just when you need them without stress and that's what many fail to understand . People get to have their monies in their mouths and that's why you see someone rich today and por tomorrow simply because he failed to invest and so I think you video is a wake up call.

thanks for sharing

@exyle | Feb. 16, 2018, 4:40 p.m. | Votes: 0 | [ VOTE ]

It's -8 it's +8 :). So lovely weather all around. Yes, no stress sounds good. One of the reasons I stopped the contracts.

@playfulfoodie | Feb. 16, 2018, 9:14 a.m. | Votes: 3 | [ VOTE ]

I agree completely! If I won the lotery, I think I'd buy a nice house close to nature first. No big house, just one that fits us. No mortgage, so our monthly costs will be low. Then, I think I would finally go on a long vacation, because oh my gosh, I am longing for a vacation!

Besides that, I wouldn't buy anything fancy or expensive I wouldn't need. I'd just use the money to have more financial freedom. My current situation of earnings on Steemit would probably be enough to keep us fed without having any job at all, though I would want to hold enough crypto to be able to let it keep on growing.

@livelifefullest | Feb. 16, 2018, 9:15 a.m. | Votes: 0 | [ VOTE ]

FULLY AGREE, Passief Income, the best way to enjoy and livelifefullest !

@mdamanulla69 | Feb. 16, 2018, 9:15 a.m. | Votes: 0 | [ VOTE ]

Highlights the most important things.

@nayyabsipra | Feb. 16, 2018, 9:16 a.m. | Votes: 0 | [ VOTE ]

Hey @exyle
Its nice steeming an great information for marketing investment. Like your stuff
[IMAGE: https://steemitimages.com/DQmPH3X9RCL4oVunvWrBNZ8wfZ2Zccdi2NesXVVhW2DMuDG/images%20(5).jpeg]
Appreciate the best of this event that you have done so well for this work and it is a great opportunity for your fellows to take the steemit forward.
Steem on

@timuann | Feb. 16, 2018, 9:17 a.m. | Votes: 1 | [ VOTE ]

your post always inspired of me new subject learning.i think that,this post very important for me.financial freedom version really imformative tropic of income investment market.i agree with you.every people should be know this matter.thank u very much for ur good post sharing @exyle

@profchydon | Feb. 16, 2018, 9:18 a.m. | Votes: 2 | [ VOTE ]

I totally agree with you on this @exyle. Someone can hit a jackpot and still be poor in next few years if there are no investments in place. I also see financial freedom this way; If your gross income is greater than your gross expenditure then you are financially free.

@gillianpearce | Feb. 16, 2018, 9:19 a.m. | Votes: 1 | [ VOTE ]

Thanks for your perspective on Steemit. That's very helpful.

I voted for you as a witness yesterday. I voted for @exyle. Is that right?

@clio | Feb. 16, 2018, 10:30 a.m. | Votes: 0 | [ VOTE ]

No that is not right. You have to vote for @blockbrothers. @exyle and three friends are together @blockbrothers as a witness. I know that for certain, I am Exyles mother. They are already in the top 50!

@adnan840 | Feb. 16, 2018, 9:19 a.m. | Votes: 0 | [ VOTE ]

You are absolutely correct.investing money in some useful stuff like cryptocurrency or other such things which can give you profit on monthly basis is far better than spending money in buying luxurious stuff.

@onnovocks | Feb. 16, 2018, 9:19 a.m. | Votes: 1 | [ VOTE ]

I had a similar thing with power wheel chairs, on call 24-7; I had no week ends and no vacations. I burned out after 3 years and went back to the machine shop. Don't do it! Unless you make a 6 figure income, it's not worth it.

@exyle | Feb. 16, 2018, 1:42 p.m. | Votes: 0 | [ VOTE ]

Yeah, I have to agree. But when you 'need' them to have an income it's different. I never regretted the contracts but I am happy I can leave them behind now.

@justynatina | Feb. 16, 2018, 9:19 a.m. | Votes: 1 | [ VOTE ]

Postcodeloterij, bankgiroloterij 😂😂
I think we all get those free lootjes via post what cost always money. Free- gratis only "12,60"€

Smart investment without hurting your wallet .!
Yep I must be honest that Its one of my rules, keep stability in your income and the rest or extras invest. But you must know how and where to invest. ,👏👏🤗 resteemd upvote

@sathyasankar | Feb. 16, 2018, 9:21 a.m. | Votes: 0 | [ VOTE ]

Did steemit help you lead a life with full financial freedom? Would you post your experience in this regard? I'm eagerly waiting for that.

@rehan12 | Feb. 16, 2018, 9:21 a.m. | Votes: 0 | [ VOTE ]

Yes,if I had won it I would have invested in this community and sure in some more where I would have got monthly money for my usage !Well I am pretty sure many would agree with your statement !

@thaicryptokitty | Feb. 16, 2018, 9:21 a.m. | Votes: 1 | [ VOTE ]

Financial freedom is such a funny thing. We are born into it and then spend most or all of our lives trying to get it back but never really understand when we lost it. We have to manage our money carefully and never buy things that cause us to be in big debts. this way financial freedom is available any time we want. Thanks for the post. Great topic.

@jerge | Feb. 16, 2018, 9:22 a.m. | Votes: 1 | [ VOTE ]

Story behind the story & you are that the story teller! @exyle

@aniketmore1925 | Feb. 16, 2018, 9:26 a.m. | Votes: 1 | [ VOTE ]

Correct....
Better safe then sorry later on.
Investment is the best use of spending money.

@r-k-m | Feb. 16, 2018, 9:26 a.m. | Votes: 0 | [ VOTE ]

It is true @exile
If I have won money, I will invest instead of spending everything for general needs. We should plan for future too not just today.

@viraldrome | Feb. 16, 2018, 9:29 a.m. | Votes: 0 | [ VOTE ]

I wish I could pay all my expenses with steem profits and put my wages in the bank that would be sweet

@deeambuiltandach | Feb. 16, 2018, 9:30 a.m. | Votes: 0 | [ VOTE ]

I appreciate this brief writeup. Its not just an occurence in Netherlands. It happens in Nigeria where i come from. Most people seem to be more interested in buying cars and other things just for the luxury whereas, investment is what actually secures the future and gives financial freedom

@adnanrabbani | Feb. 16, 2018, 9:33 a.m. | Votes: 2 | [ VOTE ]

Excellent video friend and i agree with your opinion regarding getting financial freedom and i think buying unnecessary consumer goods will only increase the burden and we always need to spent money in a way that generate some income in this way we will become financially free, i think steem is a great investment program and we can generate income by investing in steem, well in term of risks, i think risks involved in every business, no business is risk free and to me the biggest risk is not taking any risk, thanks for sharing your nice thoughts with us freind. Stay blessed

@gloeze | Feb. 16, 2018, 9:34 a.m. | Votes: 4 | [ VOTE ]

It means free of loans and your investments generating streams of income to do what ever you eant to do and not be living off of a debt in false pretence.

@jongolson | Feb. 16, 2018, 9:37 a.m. | Votes: 1 | [ VOTE ]

That's a great point about consumer goods, you see the line ups over here during the holidays where people lose their mind for a 60 inch TV that's on sale. I've never understood that...But to each their own I suppose.

Investing! I love it! And living off those investments has always been my goal. I've read so many books about people living off of dividends they get off stocks alone. That's empowering to me. What a great way to think about real 'wealth'...It's freedom!

I hope Steem is my version of 'dividend payments' from stocks....Crossing my fingers :)

@stokjockey | Feb. 16, 2018, 9:40 a.m. | Votes: 5 | [ VOTE ]

Mark you are Very much what FREEDOM is all about and you can teach others through STEEMIT how to follow in your foot steps @exyle by being consistent. The people that are Successful on Steemit treat their blog or vlog's like a business and they are the CEO. Once you have a Following and have created cash FLOW you are then FREE.

@shohaniqbal | Feb. 16, 2018, 9:41 a.m. | Votes: 0 | [ VOTE ]

I agree too you.. Investment with you..

@peterecheng | Feb. 16, 2018, 9:42 a.m. | Votes: 0 | [ VOTE ]

That's right and one of the reasons why the rate of poverty keep increasing is just because people fail to invest which is very bad. Investment is the best way to live, best way to do business. I used to tell people when you invest your money you expect a multiple returns and that's exactly what investment does.

@voodoovan | Feb. 16, 2018, 9:46 a.m. | Votes: 0 | [ VOTE ]

Very excellent

@dragonking | Feb. 16, 2018, 9:47 a.m. | Votes: 0 | [ VOTE ]

Yeah..This is a seriously wated many opportunities. We have to balace income and expences and anyways try to save more. Although one could argue that true financial freedom is a state of mind, you can take concrete, actionable steps to ensure substantial financial security along with freedom from work obligations, using only your income and some creativity. Key to this achievement, however, is rigorous discipline and a willingness to walk a path less traveled.Thanks for sharing your country experience with us.

@rohitrohit | Feb. 16, 2018, 9:47 a.m. | Votes: 0 | [ VOTE ]

Hello sir you make a clip how to use dtube i know about this function.

@murthala | Feb. 16, 2018, 9:55 a.m. | Votes: 0 | [ VOTE ]

wow... very excellent.

@kingsberry | Feb. 16, 2018, 9:56 a.m. | Votes: 1 | [ VOTE ]

Definitely correct & I agree with you @exyle. Peoples must reqiure to generate enough income and it compare to expences. If they can control expences it would be best opportunity to invest their save money. The key to building a strong financial plan for the future is to understand how much they spend and save right now. This is called tracking their cash flow, and it can give them a sense of control and confidence that makes it easier to make financial changes in their life. So In fact your conversation must listen them and if follow your opinions it will be great success.

@kevaton | Feb. 16, 2018, 9:56 a.m. | Votes: 1 | [ VOTE ]

Usually when people win lotteries or get money they did not work had to get , tendency is that they will misappropriate it on liabilities. The excitement of having huge sum of money usually becloud the sensibilities of planing through investment. It happens everywhere, not only in the Netherlands. Thanks @exyle

@jerome-morales | Feb. 16, 2018, 9:57 a.m. | Votes: 0 | [ VOTE ]

I agree with you @exyle financial freedom means you have a system that generates sustainable income.

@kuura | Feb. 16, 2018, 9:57 a.m. | Votes: 0 | [ VOTE ]

Playing your cards right will help you achieve financial freedom, although it will require work and thought on your part. You must dedicate time & effort in order to have more choice in how you can spend your time & effort. An investment that will certainly pay dividends!

When financially free (of the shackles of employment), the next step is to achieve spiritual freedom, which will be aided by the surplus time (=money) you now have. It is also possible to pursue this kind of freedom while being financially forced to live your life a certain way, since even the most free, powerful people can end up imprisoned in their castles in the clouds they've sought after for so long. It would be terrible to be free in terms of material transactions with the rest of the society, but still enslaved by the same thought-patterns that subjugate the many, elevate the few and enthrall them all.

@navala | Feb. 16, 2018, 9:59 a.m. | Votes: 0 | [ VOTE ]

True financial freedom is being free and unreliant on money to enjoy life ... it’s possible , , ... and now a more distinct possibility ...., we were born that way and will come full circle and we are financial free .... to me that’s what it means

@maya7 | Feb. 16, 2018, 10:01 a.m. | Votes: 1 | [ VOTE ]

If you don't invest and consume every pany, you will Loser in every way. So it is better to invest in a very smart way for sustainable income. Thanks for sharing such a valuable message to the people friend, wish you a very happy time my friend.

@sasakhan | Feb. 16, 2018, 10:03 a.m. | Votes: 2 | [ VOTE ]

Good friend

@michelleast | Feb. 16, 2018, 10:06 a.m. | Votes: 2 | [ VOTE ]

The key to financial freedom starts within each of us. But sometimes, a lot of people need education, a broad mind, and a positive mindset. And I believe one can get this by engaging with different communities online and offline.

Also, we need to get over buying things we don't need just to impress people. You know, sometimes that's what cripples people with money.

@dur | Feb. 16, 2018, 10:06 a.m. | Votes: 1 | [ VOTE ]

its really wonderful and nice stuff about invest in marketing sector and get better profit. I like your stuff and blog.

@aleqssteemiter | Feb. 16, 2018, 10:07 a.m. | Votes: 0 | [ VOTE ]

Hello, Guys please follow me and i upvote your post

@technological | Feb. 16, 2018, 10:13 a.m. | Votes: 1 | [ VOTE ]

You're so right. Paying bills with the passive income is the true bliss & freedom.

@nyok4 | Feb. 16, 2018, 10:14 a.m. | Votes: 1 | [ VOTE ]

in South Sudan, Uganda and Kenya, spending money in wasteful ways has become a dynamic incident which people do not think about.
it is amazing to get business ideas from you about how dangerous wasting money is.
i have been looking for ways on how to eradicate this wrong ideas that people waste money.
in my place, dancing at night is a common practice that people spend money in. I pray for help from steemian cause live in steemit can make a change.
brothers and sisters, I call onto you to come and enjoy your live at steemit.com.

@aknur | Feb. 16, 2018, 10:15 a.m. | Votes: 1 | [ VOTE ]

thanks a lot for useful job

@beachpersona | Feb. 16, 2018, 10:20 a.m. | Votes: 1 | [ VOTE ]

I think for these people who won a lot of money from the lottery, they thought that they got it in easy way so it's also easy for them to spend which they usually lost in the end. However compare to people who gained money through hard work, we usually think of better strategy on how to invest and gained money which gives us financial freedom in the end. Great subject to talk about. Cheers :)

@ainiaziz | Feb. 16, 2018, 10:22 a.m. | Votes: 1 | [ VOTE ]

I think so
di Indonesia kami menyebutkan : uang bukan segalanya, tapi segalanya butuh uang hehehe

@vipnata | Feb. 16, 2018, 10:23 a.m. | Votes: 0 | [ VOTE ]

I too am learning to invest in crypto-currencies. A difficult task, but we must move forward

@raoshano | Feb. 16, 2018, 10:26 a.m. | Votes: 1 | [ VOTE ]

I agree with you..Invest in the Markets, you can do this .
Wow the temperature is at -8 degree and the sun is out that much? That's awkward though . It's really hot over here.

@theguruasia | Feb. 16, 2018, 10:28 a.m. | Votes: 3 | [ VOTE ]

@exyle,
You are absolutely correct! Some people think Financial freedom means we need to spend as much as we can. But it's not correct and what you said here is the correct meaning of the financial freedom!

Cheers~

@muhammadjuanda | Feb. 16, 2018, 10:31 a.m. | Votes: 0 | [ VOTE ]

あなたはこれについて正しいです。私はあなたに同意する

@cityslicker | Feb. 16, 2018, 10:32 a.m. | Votes: 1 | [ VOTE ]

You really are an inspiration to many new people who want to set a path forward in their life thanks for sharing your videos :)

@unique18 | Feb. 16, 2018, 10:36 a.m. | Votes: 0 | [ VOTE ]

Yes!
You are correct sir. Once you can conviniently meet your financial obligations_ then you are financially free.

So one should work on creating assets that can be generating more than enough income

@lindaaguila | Feb. 16, 2018, 10:39 a.m. | Votes: 1 | [ VOTE ]

Hello, I agree with your very wise opinion, invest what we earn gives us the opportunity to have a growth in our economy. @Lindaaguila

@obaidb2 | Feb. 16, 2018, 10:45 a.m. | Votes: 0 | [ VOTE ]

Financial independence is the ability to live from the income of your own personal resources
~ Jim Rohn
I agree with you,the investment a person makes is actually to get a profit on daily basis & he should not be able to withdraw money all at once coz the taxation will take its toll ..it should be sufficent enough for him to carry his day to day activites and needs .profits should be in the form of a non ending source that can continiously serve him.

@resyiazhari | Feb. 16, 2018, 10:48 a.m. | Votes: 0 | [ VOTE ]

people who work in a large company, not promising high earnings and have a happy life, but people who dare to invest are the ones whose future will be bright.
I once knew a man plunge politics until he was elected officials and have a lot of money, but only for 5 years, he never invested until the moment life he slumped, even almost had no place live

@gee1 | Feb. 16, 2018, 10:50 a.m. | Votes: 1 | [ VOTE ]

Great! Financial freedom is being able to live so comfortably well with the Returns on Investment without getting to touch our capital.

Thanks for throwing more light on this.

@henryhife | Feb. 16, 2018, 10:50 a.m. | Votes: 0 | [ VOTE ]

People who wants to be financially free must be ready to get their hands dirty that is be ready and willing to take risks. Time turns our input into products..

@zafaralise | Feb. 16, 2018, 10:55 a.m. | Votes: 0 | [ VOTE ]

need your help
Steemit Community is Requested to Save The Life of Tahseen Dilbar‬ Blood CancerTreatment
https://steemit.com/help/@zafaralise/steemit-community-is-requested-to-save-the-life-of-tahseen-dilbar-blood-cancertreatment

@shaikatkm | Feb. 16, 2018, 10:59 a.m. | Votes: 1 | [ VOTE ]

excellent Financial freedom @exyle

@usmanwarraich | Feb. 16, 2018, 10:59 a.m. | Votes: 0 | [ VOTE ]

god

@callmefib3r | Feb. 16, 2018, 11:03 a.m. | Votes: 0 | [ VOTE ]

The fact that they spend a lot on consumers goods is also one of the reasons that a lot of them end up losing a big part of their initial capital. Me on the other hand planned on investing in real estate so I can love off of the money it generates. I hope to make enough money from crypto to afford a couple of appartements/houses so I can kick-start my long term investment.

@syafiisalii18 | Feb. 16, 2018, 11:09 a.m. | Votes: 0 | [ VOTE ]

Upvote kembali @exyle https://busy.org/@syafiisalii18/the-cartoon-player-is-an-animated-version-of-the-cartoon-zg1hbmlh-h1k7g

@gundogdu | Feb. 16, 2018, 11:11 a.m. | Votes: 1 | [ VOTE ]

Certainly ! self-catering and not needing someone else. Financial happiness for me 😊

@nomad-magus | Feb. 16, 2018, 11:12 a.m. | Votes: 1 | [ VOTE ]

Financial freedom stems from one's consciousness. If one doesn't have the know-how of being abundant then no matter how much money one has, they will remain poor. Why? Either the money will be taken away from them or they will hoard it and live in fear of losing it.
An abundant consciousness means trust in one's existence to support one, to release any concern or agenda regarding the source money will come from, and lastly to live and act with an attitude of a master.
I know, easy to talk but until you do it, you will have doubts.

@fairest | Feb. 16, 2018, 11:16 a.m. | Votes: 0 | [ VOTE ]

nice work...please follow me so that i can always in your updates on my feed

@rodmack | Feb. 16, 2018, 11:16 a.m. | Votes: 0 | [ VOTE ]

To value things for what they really are , and not of what they make you feel .

@fedesox | Feb. 16, 2018, 11:16 a.m. | Votes: 0 | [ VOTE ]

Financial freedom is the ultimate goal I am working to achieve, there is nothing better than being able to dedicate all of your day entirely to your passions.

@alaoabdulhaleem | Feb. 16, 2018, 11:20 a.m. | Votes: 0 | [ VOTE ]

Nice post 👏 👏... You can also check out my post on @alaoabdulhaleem i hope you will enjoy them and please do upvote them, your vote counts 🙏🙏🙏

@starboye | Feb. 16, 2018, 11:31 a.m. | Votes: 0 | [ VOTE ]

if one can get financial freedom in life they have got everything and they could really look forward to the next big things they want to achieve

@zainab25 | Feb. 16, 2018, 11:44 a.m. | Votes: 0 | [ VOTE ]

I fully agree with you. When I read this post the first book that came into my mind was 'Rich Dad , Poor Dad' from writter Robert Kiyosaki
Really interesting book , also the upfollowing book 'Cashflow quadrant'.

A real eye opener. Especially the part about in what kind of rat race we live.

@kesolink | Feb. 16, 2018, 11:46 a.m. | Votes: 3 | [ VOTE ]

>For me, financial freedom means having investments that in total generate enough income every month so you can pay the bills and other things you like to do.

you just hit the nail on the head man. your definition has explain it all about financial freedom, and it also work in the same part of my.

Steemit have also being one of the source of my financial freedom, Even working as heavy duty automobile operator, Steemit has now help me in a way I can now save 80% of my salary in a month. Which as also make life easy over here.

Thanks for sharing Mark

@exyle | Feb. 16, 2018, 4:35 p.m. | Votes: 0 | [ VOTE ]

> I can now save 80% of my salary in a month.

Man, that is fantastic to read. Congrats!

@barne734 | Feb. 16, 2018, 12:14 p.m. | Votes: 1 | [ VOTE ]

to me financial freedom is when you have enough passive income to cover your expenses, this would be considered financial freedom

@steemphotography | Feb. 16, 2018, 12:28 p.m. | Votes: 0 | [ VOTE ]

your journey of attaining that freedom has given me inspiration to think it with all new optimism and i can really sense the positives vibes from it :)

@formatwithapk | Feb. 16, 2018, 12:35 p.m. | Votes: 0 | [ VOTE ]

You inspire me with each post you put up.. thank you and please don't stop.

@irfanrafeeq | Feb. 16, 2018, 12:37 p.m. | Votes: 0 | [ VOTE ]

Yes , due to financial freedom we can cover our expense , i appreciate you that you thinking about the app, its good for all.

@blazing | Feb. 16, 2018, 12:54 p.m. | Votes: 1 | [ VOTE ]

Every investment never goes waste one must always do investments from the start one day it will certainly give back return we must work hard in the younger age and enjoy in the old age :D

@yaan | Feb. 16, 2018, 1 p.m. | Votes: 0 | [ VOTE ]

Well... there is no need to have expensive stuff at all. Maybe... only a couple Lambos in my garden. But that's all.
I also think that it's better to stay invested and live with what you generate :d

@george-topalov | Feb. 16, 2018, 1:08 p.m. | Votes: 1 | [ VOTE ]

I’ve read that it is something stupid like 90% of the people who win the lottery, live the same life they did just a few years later. People aren’t used to own money and never know what to do with them once they have them.. for me it is a no brainer not buying a few houses and renting them. Settinf passive incomes and investing in a business that will set me up there in life. Everyone wants lamborginis though..

@jlufer | Feb. 16, 2018, 1:24 p.m. | Votes: 1 | [ VOTE ]

That happens because people are not prepared to have money, many years ago I had read a statistic regarding the wealthy families and the majority ended up losing the family fortune in the third generation.
The first generation made the money with a lot of effort and work, the second generation acimilo some of the care of money, but not enough for not knowing the effort and sacrifice to get it and the third inherited the money from their grandparents without having the slightest knowledge how expensive it is to make money, with it they saw the waste and goodbye fortune.

It's true what you say, financial freedom requires organization, astuteness, knowing how to spend and above all things, knowing that the investment is never touched, you just have to dispose of the surplus or those profits that the investment gave
excelete post as always dear friend @exyle
I wish you an excellent day

@brainceo | Feb. 16, 2018, 1:37 p.m. | Votes: 0 | [ VOTE ]

this is how life should be live like by making and executing a plan and replan in the middle of the journey :) thanks for sharing it bro

@mindhunter | Feb. 16, 2018, 1:57 p.m. | Votes: 0 | [ VOTE ]

I recently stopped hodling after watching this post. In fact I sold all my 200 LTC, and slowly they are replacing themselves all over again :) Superb musings as always @exyle
https://www.youtube.com/watch?v=2nWGBMHUHj8

@rashalahmed | Feb. 16, 2018, 2:20 p.m. | Votes: 0 | [ VOTE ]

I had a similar thing with power wheel chairs, on call 24-7; I had no week ends and no vacations. I burned out after 3 years and went back to the machine shop.

@mysearchisover | Feb. 16, 2018, 2:31 p.m. | Votes: 1 | [ VOTE ]

Great video! You should do a garden tour video when it is growing. My only suggestion would be you also did a steem analysis in your video. I would have included that in the title but great vlog.

@laxmi6 | Feb. 16, 2018, 2:34 p.m. | Votes: 0 | [ VOTE ]

Financial freedom is about living a life without any worries about financial matters . It is usually product of serious financial planning and investment . Money will be working for you to earn your living and we are not working to earn money for living. It starts from passive income and slowly early retirement. Money keep making money and you will be happy having amazing life. Currently best investment is mining bitcoin and altcoin after that convert them into gold investment . Secure for future .

@crypto3em3 | Feb. 16, 2018, 2:38 p.m. | Votes: 0 | [ VOTE ]

Sounds good!

@acdevan | Feb. 16, 2018, 2:47 p.m. | Votes: 0 | [ VOTE ]

Reaching financial freedom is an important aspiration for all human beings - especially in the later stages of our lives. Hopefully, our crypto endeavours can support us with this goal so that we can live our lives with dignity and have the options to serve our communities or build great SMT based businesses!

@pjunlimited | Feb. 16, 2018, 2:55 p.m. | Votes: 0 | [ VOTE ]

I used to have a friend that earns $10,000 per month. At that time I earn $3,500 per month. The funnything is that, before month ends, he usually comes to borrow money from me. He feels I earn more but the truth is that if you cannot learn to spend according to your income, it will be very difficult to grow and develop.

@starving | Feb. 16, 2018, 2:55 p.m. | Votes: 0 | [ VOTE ]

Financial freedom is begin able to be free from than mental stress to me and do other thing which i always think off

@moneyinfant | Feb. 16, 2018, 3:08 p.m. | Votes: 0 | [ VOTE ]

Yep, that's my version of financial freedom as well. And people in the U.S. do the same thing. It's been well documented here that many lottery winners end up blowing their winnings and as poor as before they won the millions. Shame.

@katarinamiliv | Feb. 16, 2018, 3:14 p.m. | Votes: 0 | [ VOTE ]

I believe knowledge and experiences are the best investment for young people who are still at the beginning (and maybe for those older also). :)

@sireastbound | Feb. 16, 2018, 3:18 p.m. | Votes: 0 | [ VOTE ]

Nice video. I'm also from the Netherlands. Not financially free right now because I've had health problems. If I'd have a million I'd also only spend it on necessary goods and then set the rest aside to invest like you said.
Although I like to brag, I don't need to live with more than I need.

@naijatimez | Feb. 16, 2018, 3:33 p.m. | Votes: 2 | [ VOTE ]

Thanks for the words of thought, it's best to make use of those types of opportunities when they come, some people never had the opportunity for that, if you ask some them what will they do with that type of opportunities, they will break it down on what they will invest it on, to be financially free.

@markkujantunen | Feb. 16, 2018, 3:45 p.m. | Votes: 1 | [ VOTE ]

I don't give a rat's ass about expensive consumer goods, either. I have a family but, personally, all I really need is a warm and dry room, a shower and a place to cook simple food, power and high-speed Internet access. I don't need to travel, dress in expensive and fancy clothes, eat expensive food etc. or to impress anyone.

@canku | Feb. 16, 2018, 3:50 p.m. | Votes: 0 | [ VOTE ]
@wandering | Feb. 16, 2018, 3:52 p.m. | Votes: 0 | [ VOTE ]

your financial version is very much great to live a life full of dreams and without any worry first you do all the hard works and then along side it enjoy the life too :)

@jkimura | Feb. 16, 2018, 3:54 p.m. | Votes: 1 | [ VOTE ]

People should really sit down and find out the amount of income they need to be financially free. It may surprise you that it's not as much and as hard as it seems.

@diogosantos | Feb. 16, 2018, 4:31 p.m. | Votes: 0 | [ VOTE ]

You never want to disrespect the loyalty time of the contracts, because the price of this is too high.

A simple way to define Financial Freedom, and it is close to what the concept really means. Buying a Ferrari isn´t having financial freedom, in the case of having $1M, buying a car so expensive like that is just being dumb, because it won´t generate any return back to you, it´s just a pleasure for a moment.
Follow his advice and invest in STEEM for example, SP will be a good way to generate some income.

@cutiepie | Feb. 16, 2018, 4:57 p.m. | Votes: 0 | [ VOTE ]

i can relate to this because earlier life was life was like earn and spend and now i can invest and diversify thanks to the crypto

@supergirl08 | Feb. 16, 2018, 5:28 p.m. | Votes: 0 | [ VOTE ]

Nice meaning of financial freedom, love it :)

@eyelashe | Feb. 16, 2018, 5:32 p.m. | Votes: 0 | [ VOTE ]

there should always be a base level where we see ourself standing sometimes ahead in future and we should work for that to achieve it and then spent on the luxuries and not before that

@shellylopez | Feb. 16, 2018, 5:51 p.m. | Votes: 0 | [ VOTE ]

thank you for sharing your views on this topic, i am currently working on my financial and life freedom, i truly believe we can make it but we have to be patient and understand it's a long journey so we might enjoy the road! no matter where we are it's important to cultivate our passions and listen to our heart, that way we can let our soul express and we can discover many talents or abilities hidden in our core! i will be checking out your nomination to Witness :) thanks for inspiring us

@sadcasm | Feb. 16, 2018, 6:15 p.m. | Votes: 0 | [ VOTE ]

things will stay here for ever but the mental stress and the happiness of financial freedom will be the best thing to achieve

@boxdel | Feb. 16, 2018, 6:29 p.m. | Votes: 1 | [ VOTE ]

Dick tube, boob talk, crypto fomo, fun video!

@gringalicious | Feb. 16, 2018, 6:43 p.m. | Votes: 0 | [ VOTE ]

I'll be watching for the brisket!

@brokengenius | Feb. 16, 2018, 7:50 p.m. | Votes: 0 | [ VOTE ]

financial freedom, I like the term

@anabariana | Feb. 16, 2018, 8:04 p.m. | Votes: 0 | [ VOTE ]

The best is video can you help me to join to dtube

@fakeinternetnews | Feb. 16, 2018, 8:16 p.m. | Votes: 0 | [ VOTE ]

Appreciate all the information on how you are able to use crypto.

@agmoore | Feb. 16, 2018, 8:34 p.m. | Votes: 0 | [ VOTE ]

I think it's hard to separate freedom from financial freedom. When we speak of freedom we usually think of political structures, but most people in the world are in a different kind of bondage, a bondage to necessity. They get up in the morning and wonder how they will take care of basic needs. In a "developed" economy, people get up in the morning and trade their time and physical comfort for a paycheck. The idea of an investment that will yield sufficient income to take care of needs is a dream, like winning the lottery. Steemit makes pursuing that dream accessible to just about anyone. And, unlike the stock market, or other investment schemes, there's no downside. You invest your time. You pursue your interests. You get to exchange ideas with interesting people. I'm new here, but so far, sounds great to me.

@talkingstreet | Feb. 16, 2018, 9:22 p.m. | Votes: 0 | [ VOTE ]

You are the first channel I found in DTube! Do you have any tips for starting?

@diifuzza | Feb. 16, 2018, 10:51 p.m. | Votes: 0 | [ VOTE ]

My disgusting memory;
and its perfect storms;
and its waves;
and their spring tides of green rocks and slippery;
of dark background;
From debris and chipped walls;
of doors closed;
of windows open on the tenth floor.
indignant; just because he's started forgetting what he loved most.
Lewd, obscene, of bad-faced, of "I'm Immortal", of "I know to fly."

My disgusting memory and his tendency to talk more of what you need,
Anchored to a song that sounds the same.

@brandonfrye | Feb. 17, 2018, 12:38 a.m. | Votes: 0 | [ VOTE ]

I'm so glad that I follow you. You're a genuinely great guy and are so knowledgable about Steem and its blockchain. Keep posting the content and we'll keep watching. Have a great weekend!

@mino.gris | Feb. 17, 2018, 3:41 a.m. | Votes: 1 | [ VOTE ]

Well, I agree with you about the definition of Financial freedom.
But I see financial freedom is not just generating good income everymonth to pay bills.
It's getting income more than you need for paying bills and having 200% income of it.
For example: If I pay bills with $500 monthly, then I will fell financial freedom once I get $1000 or more without working (which is a smart investment) by building your asset.
But, I love your thoughts :D

@yirez | Feb. 17, 2018, 4:44 a.m. | Votes: 0 | [ VOTE ]

I agree with you 100%, thanks for sharing :-) :-)

@arhitekt | Feb. 17, 2018, 6:16 a.m. | Votes: 1 | [ VOTE ]

I completely agree. But that is sometimes hard to understand. For example someone that is 'poor' or barely comes from month to month wins lottery. His issue then is that he doesn't know how to live with that kind of money as it completely changes his views, daily operations and how he looks on money/others.

That's why there is a lot of stories how someone that got alot of money lost or spent it all very soon. Because it simply gets over his head and it's a burden that is sometimes just too hard to bear.

Anyone can say "if i would won 1 million $ i would never be so 'stupid' to spend it all" - but the fact is that to those people life actualy changes for 360°.

However you're right about investments. If you get enough profit from them and are able to live normal that is much better than buying ferraris and spending everything on material stuff as that is just not it. There are other priorities and values in life that are always more important like children and their future and so on.

Great post, keep up the good work.

@arhitekt

@pouchon | Feb. 17, 2018, 6:40 a.m. | Votes: 1 | [ VOTE ]

Financial freedom means a lot and it coincides with your background.
In the US you need more but some states if you have a good start you can manage.

Keep on steemin'

@organduo | Feb. 17, 2018, 6:52 a.m. | Votes: 0 | [ VOTE ]

I agree with your thoughts. Financial freedom for me is the privilege to do the things that I love and that help other people. They say time is money but it's not. You can earn more money but you can't earn more time. So the privilege of doing adding value around you with your time is indeed sufficient to be financially free. Thank you for being spreading your ideas here every day. Drip, drip, drip. It's like rain drops. At first it doesn't seem much but soon enough it becomes a running river able to satisfy to all life after the drought. And never forget that the independence you have over your work will inspire far more people than your actual content ever will.

@hiroyamagishi | Feb. 17, 2018, 10:36 a.m. | Votes: 1 | [ VOTE ]

I couldn't agree more. Steem is a one of a kind investment. The best thing about it is you can earn more Steem by enjoying what you do and doing what you enjoy on Steemit. I also like ETH since it's going to allow us to earn more just by staking it.

@susanne | Feb. 17, 2018, 11:18 a.m. | Votes: 0 | [ VOTE ]

@laracoe - follow @exyle ! He’s also Dutch! :)

@suf1an | Feb. 17, 2018, 6:53 p.m. | Votes: 1 | [ VOTE ]

Yeah that is totally ture. I remember there was a proper documentary on a person.It was an experiment, he was given money to live and I guess it was aroung $500k and within one year he was bankrupt again. So you can only spend wisely if you earn it through hard work and you know it includes your blood and sweat.

In last 5 months I have turned my $350 into $5000 and I haven't bought much or anything big for myself. Now I am planning to buy MacBook in a month or two from my earnings.

@cecicastor | Feb. 17, 2018, 7:43 p.m. | Votes: 0 | [ VOTE ]

I agree. To me, financial freedom and financial independence are the same. I want to be free to do the things I want to do. I don't need flashy or expensive thngs to make me happy. I want to be secure in paying the bills I might have and to have a little extra to spend on the things I like to do.

@brettcalloway | Feb. 17, 2018, 8:54 p.m. | Votes: 2 | [ VOTE ]

That's awesome! You mentioned in your post you see people announcing that they're going full-time Steemit. I just made a similar announcement today! I'm hoping to integrate my marketing consulting business to lean heavy on Steemit so I can go full-time into the platform without have to build Facebook ad campaigns!! Lol Thanks for the post! Glad to see what an awesome impact Steemit has had on you over the last 1.5 years! :-)

https://steemit.com/steemit/@brettcalloway/looking-to-go-full-time-steemit-by-summer

@jhaysnsonofbenz | Feb. 17, 2018, 11:12 p.m. | Votes: 0 | [ VOTE ]

Very informative post @exyle and the comments here are so educative... Personally, I have been working on putting up a post about "money.. your master or servant?"... Thanks for this post, have really been inspired to carry on with that project, I'll surely tag you when am done with it for you to check it out

@heremonium | Feb. 18, 2018, 3:38 p.m. | Votes: 0 | [ VOTE ]

@exyle have you invested in steem with fiat, thank you

@slimanepro | Feb. 18, 2018, 6:42 p.m. | Votes: 3 | [ VOTE ]

Great post ..Well done
Investment is a culture and self-awareness we need
Thanks for sharing

@emma-anna | Feb. 19, 2018, 11:10 a.m. | Votes: 0 | [ VOTE ]

Hi @exyle! Another Dutchie here. I like your point of view on this. Have you watched the documentary 'Minimalism'? Think it might be something you'd like!

@madelinez | Feb. 19, 2018, 11:57 a.m. | Votes: 0 | [ VOTE ]

I really enjoyed this video.

https://d.tube/v/madelinez/7lh4lfou
Check out my latest video.

@emiliomorles | Feb. 25, 2018, 12:26 p.m. | Votes: 0 | [ VOTE ]

well said

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