The Financial Freedom Blueprint: Creating Passive Income Streams

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Introduction to Financial Freedom

Somehow it never occurred to me that life is passing by and I am missing a lot of pleasant moments that I could have spent with my son. Nowadays, if you are like the just-described me or even better for you, you are a different person, YOU, not a robot, and you are asking yourself, So what, me-time here I come, but how to provide for the family? Yes, this is THE question. I will reveal to you a secret wrapped in doubt, tied with a red ribbon of desire and drowned in real life. I have searched for this secret for a long time, thought about it, made many dreams and promises to myself and others and finally I discovered that the secret formula for a life full of meaning is hidden behind the magic word PASSIVE.

What will you do if you do not have to work anymore? This simple but uneasy question is often an eye-opener. It helps to understand our deepest motivations and desires, as well as the extent of the gap between where we are and our ideal future. Struggling with a dilemma to have free time and provide for the family, very often we reject the concept of financial freedom as something unreachable or simply impossible. This is how I used to live and think. In the meantime, time was running fast, our son was growing up and I missed many moments filled with his strong laughter, the sincere view of the world and his honest question What is happiness, mommy?

1.1. Defining Financial Freedom

Financial freedom is a different concept for everyone. The book's goal and mission is to simply help you become financially secure, where secure in our definition represents freedom. When this is true, you have peace of mind and the incredible de-stressing effect of knowing that if you like, you can immediately survive for as long as you like with no necessary changes in your comfortable standard of living, or if you prefer, you can live a luxurious lifestyle without working by devoting your time to your favorite activities. By the end of this book, you will have a detailed blueprint that is uniquely tailored to your individual financial circumstances, goals and values that will show you exactly how to achieve a wealthy financial future.

In this book, financial freedom simply means that you have enough money so you don't have to work for income. You will be financially free when recurring monthly income exceeds recurring monthly expenses. For some of you, freedom means having many incredible homes, all the cars you want, a fabulous wardrobe, and frequent travel to exotic places without any thought about the cost. For others, it means simple living in just a few places of your own choosing, an old car, casual clothes and