How to Become Financially Independent in Your 20s: Financial Freedom, #74
By Joshua King
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About this ebook
You have a lot going for you in your 20s—mainly the ability to work extremely hard and recover quickly.
However, you also must overcome natural urges from your hormones and school programming.
If you can build an income portfolio that pays your $1,000/month in dividends, you will be free for life.
Time is the critical component of compounding, and you have time on your side. Your $1,000/month income stream will turn into $11,000/month in your 40s.
The harder you work, the faster you save, and the quicker you achieve financial freedom. You will have to give up some fun today for success tomorrow. Are you willing to make that sacrifice? Good Luck!
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How to Become Financially Independent in Your 20s - Joshua King
Table of Contents
MILITARY FAMILY INVESTING | Home of the Free PDF
How to Become Financially Independent in Your 20s
Monthly Dividend Tracker Template: Buy on Etsy
All Right Reserved Military Family Investing | 01 How to Become Financially Independent in Your 20s
02 What is Generational Wealth?
03 The Magic of Marriage
04 Vacation Dividends
05 Write a Book in One Week
06 What is Financial Independence?
07 The American Dream is Passive Income
08 The Magic of Compounding
09 Life as an Income Investor
10 Down-Sized? Time to Start an Online Business
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How to Become Financially Independent in Your 20s
Work Hard While Avoiding Social Traps
01 How to Become Financially Independent in Your 20s
02 What is Generational Wealth?
03 The Magic of Marriage
04 Vacation Dividends
05 Write a Book in One Week
06 What is Financial Independence?
07 The American Dream is Passive Income
08 The Magic of Compounding
09 Life as an Income Investor
10 Down-Sized? Time to Start an Online Business
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5) Investing: How We Plan to Retire on Dividends 2 (165-Page Free PDF)
6) Cryptocurrencies: Counting on Crypto 2 (Free 159-Page PDF)
7) Real Estate: Financial Independence through Real Estate 4 (Free 112-Page PDF)
8) Business: Retire Rich, Retire Comfortable with a Business 4 (Free 149-Page PDF)
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Monthly Dividend Tracker Template: Buy on Etsy
Disclosure: I am not a financial advisor or money manager, and any knowledge is given as guidance and not direct actionable investment advice. I am an Amazon Affiliate. Please research any investment vehicles that are being considered. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.
All Right Reserved Military Family Investing
01 How to Become Financially Independent in Your 20s
Being young grants you the gift of youth. Youth allows you to work as hard as possible and recover easily by the next morning—you are almost invincible.
However, with youth comes hormones and pride. Indeed, fighting through your own mindset will be the biggest challenge of all.
If you can get it together, you can set yourself up to reap the benefits of wealth for your entire life and future generations. Would you like to become financially independent in your 20s?
Start a Coaching Business toward Passive Income
Why even ask this question? Of course, everyone WANTS to become financially independent as early as possible. However, very few people will do what it takes to accomplish this impressive feat.
I am 41 years old and see people for what they are; most people dream of having amazing luxuries like a beautiful spouse, obedient kids, big homes, and fancy vacations.
But all these things require one thing most people cannot give—sacrifice. To have things tomorrow, you must give up things today.
Therein lies the rub. Do you want to spend your 20s having fun or setting things in motion to enjoy your 30s, 40s, 50s, 60s, 70s, 80s, and 90s?
The Hunt for Baby Bonds
It’s a tough question that you seriously need to ask yourself. I have built enough wealth to set my family free for the next few generations—it doesn’t take much. However, I continue to build our empire, one book at a time.
What is financial independence? Financial independence is having enough cash flow from your assets to live passively indefinitely. This means you do not have to work because you have enough passive income to support your lifestyle.
The magic of being in your 20s. The good part of being in your 20s is that you don’t need much