![]() This means earning interest on your savings in a high-yield savings account. In order to build wealth, you must make money when you’re sleeping. I hate to break it to you but if you limit your money-earning abilities to eight hours a day, you’re not going to find financial freedom. “To get rich, you have to be making money while you’re asleep.” Knowing this distinction can help you build wealth in a way that frees up your time so you can be truly wealthy. You can always make more money but you can’t make more time. But it’s simply a vehicle to pursue living your best life. Money is an important part of financial freedom. “Being rich is having money being wealthy is having time.” This quote reminds us that to build wealth and be successful we must give, serve, and be a cut above everyone else. You can no longer live in the ‘average’ but you have to go beyond. Pursuing financial freedom means breaking the status quo. ― Tony Robbins, Money Master the Game: 7 Simple Steps to Financial Freedom “The secret to wealth is simple: Find a way to do more for others than anyone else does. When we save money and pursue financial freedom, we can have some of our life energy back and choose to live life as we want, not as we have to. Have you ever been at work and just wished you were at home with your kids or on the beach somewhere? The process of working and making money is something we trade for our life energy - energy that we want to use elsewhere. Who should be fired? And who should be promoted? “Money is something we choose to trade our life energy for.” Imagine you are the CEO of your money - your assets are your employees. Don’t store all your cash in a savings account or in other assets that ultimately don’t serve your goal of financial freedom. Your assets include your hard-earned dough and you’ll want to invest that money in a place with high returns, like index funds. ― Manoj Arora, From the Rat Race to Financial Freedom This quote reminds us that people who are rich have an active role in designing their dream life. They’re not passive players in the game of life or building wealth. Harv Eker, Secrets of the Millionaire Mind: Mastering the Inner Game of Wealthįinancial freedom starts with having the right mindset to pursue wealth and all of your audacious goals. “Rich people believe ‘I create my life.’ Poor people believe ‘Life happens to me.
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