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Levels Of Financial Independence - Investment - Nairaland

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Levels Of Financial Independence by Morisakin(f): 10:08am On Oct 08, 2021
Kindly click on the link below to get the first part of this post

https://m.facebook.com/story.php?story_fbid=4461342517262182&id=100001594339078

level 3 - financially secured

At this stage you are thriving, your income begins to detach from your lifestyle, meaning that your lifestyle can be supported by your investments instead of your paycheck.

Once you are able to pay your basic expenses with your investment income, you have reached the Financial Security stage.

level 4 -. Financially independent

At this stage your basic needs and some comforts are taken care of by your investment income.

You are no longer funding your lifestyle from your paycheck. and you could stop working altogether if you chose to.

level 5. - Financially Abundant

At this stage your accumulated wealth is well above your lifestyle needs, you now have to decide how to properly manage the surplus.

At every stage of the financial independence process, it’s important to have trusted professional financial advisors that can help you create a strategy for leaping into the next financial stage of your life.

Found this valuable, feel free to hit the share button.

© Olubusayo Akin-Akinbode
Real estate and Investment Consultant

#investment #moneyhabits #smartinvestorsguide #personalfinance #honeycrownproperties

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Re: Levels Of Financial Independence by ElectronicMoney(m): 2:14pm On Oct 08, 2021
Level 5 is here we all hope to be grin

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Re: Levels Of Financial Independence by UltimateStarman: 8:48am On Oct 09, 2021
Morisakin:


Kindly click on the link below to get the first part of this post

https://m.facebook.com/story.php?story_fbid=4461342517262182&id=100001594339078

level 3 - financially secured

At this stage you are thriving, your income begins to detach from your lifestyle, meaning that your lifestyle can be supported by your investments instead of your paycheck.

Once you are able to pay your basic expenses with your investment income, you have reached the Financial Security stage.

level 4 -. Financially independent

At this stage your basic needs and some comforts are taken care of by your investment income.

You are no longer funding your lifestyle from your paycheck. and you could stop working altogether if you chose to.

level 5. - Financially Abundant

At this stage your accumulated wealth is well above your lifestyle needs, you now have to decide how to properly manage the surplus.

At every stage of the financial independence process, it’s important to have trusted professional financial advisors that can help you create a strategy for leaping into the next financial stage of your life.

Found this valuable, feel free to hit the share button.

© Olubusayo Akin-Akinbode
Real estate and Investment Consultant

#investment #moneyhabits #smartinvestorsguide #personalfinance #honeycrownproperties
you are blessed

1 Like

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