The Intrinsic Value Podcast - The Investor’s Podcast Network cover image

MI170: The Millionaire Fastlane w/ MJ DeMarco

The Intrinsic Value Podcast - The Investor’s Podcast Network

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The Value of Financial Freedom at a Young Age

Autonomy is the ability to make decisions and pursue one's ideas without needing approval from higher-ups./nWealth is about freedom, including the freedom to do what you want, when you want, and where you want./nFinancial freedom is not solely about being able to do nothing and buy nothing, but also being able to enjoy experiences and make purchases without constantly worrying about money./nTime freedom is also important, allowing individuals to have the freedom to spend their time as they choose./nHaving financial freedom and time freedom while young is valuable because as time goes on, opportunities and physical abilities may diminish./nThe idea of saving money for decades in order to eventually experience life is not practical or fulfilling for everyone.

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