10 Levels of Financial Independence And Early Retirement | How to Retire Early
START INVESTING FOR FREE:📈 M1 Finance - https://m1finance.8bxp97.net/NextLevelLife10 Levels of Financial Independence And Early Retirement | How to Retire Early.Long-term financial goals can sometimes seem so big that they feel almost unattainable especially when we’re just getting started on our road to financial independence. I and many others like me in the financially independent, retired early community have found it helpful to break down the goal of becoming financially independent into smaller and more manageable levels of financial independence. Not only because it makes it easier for us to track our progress, which in turns helps us to stay motivated throughout the process, but also because it helps us get over that initial hurdle of starting to chip away at this mountain of a task. In today’s video, I’m going to take you through what I consider to be the 10 levels of financial independence as well as give an example on how to go from the first level to achieving Financial Independence in your lifetime.LINKS MENTIONED IN VIDEO:Reddit LeanFire link: https://www.reddit.com/r/leanfire/Reddit FatFire link: https://www.reddit.com/r/fatFIRE/11 Stages of Wealth: http://investmentmoats.com/financial-independence/stages-of-wealth-financial-independence/7 Stages of FI: https://radicalpersonalfinance.com/finance-topics/stages-of-financial-independence/3 Levels of FI: https://www.financialsamurai.com/three-levels-of-financial-independence/6 Stages of Financial Freedom: https://www.getrichslowly.org/stages-of-financial-freedom/55 Stages of FI: https://militarydollar.com/2018/05/30/55-stages-of-being-a-firee/If you enjoyed this video and would like to see more I highly encourage you to check out some of the playlists below and subscribe for weekly videos:Subscribe for weekly finance videos: https://www.youtube.com/channel/UCbsDR27rGCFdDKQVRl_tgEQ?sub_confirmation=1All of my Personal Finance/Investing videos: https://goo.gl/XW5U3kAll of my Book Summaries: goo.gl/xmWeaDAll of my Social Skills videos: https://goo.gl/N6ikxeAll of my Health Related videos: https://goo.gl/hjQ1j9All of my Productivity videos: https://goo.gl/WguoFsSUPPORT THIS CHANNEL:Audible Free Trial (Includes 2 FREE Audiobooks) - https://amzn.to/2zEFqhTBluehost (Web Hosting) - https://www.bluehost.com/track/nextlevellife/ConvertKit (Email Marketing) - https://mbsy.co/convertkit/42219440TubeBuddy (Online Tool I Use to Grow My YouTube Channel) - https://www.tubebuddy.com/NextLevelLifeRECOMMENDED BOOKS:The Total Money Makeover - https://amzn.to/2DaB3OxRich Dad, Poor Dad - https://amzn.to/2SoMI0tThe Millionaire Next Door - https://amzn.to/2CJpWuSThe Index Card (Why Personal Finance Doesn't Have to Be Complicated) - https://amzn.to/2Q5Jz4hRetire Inspired - https://amzn.to/2D7L12ZEarly Retirement Extreme - https://amzn.to/2yGKf9gYour Money or Your Life - https://amzn.to/2Q1RyzdThe Automatic Millionaire - https://amzn.to/2D9WfEkThe Behavior Gap - https://amzn.to/2CLdWJmThe Intelligent Investor - https://amzn.to/2PZtz3u#FinancialFreedom #FinancialIndepdendence #EarlyRetirementDisclaimers: All opinions are my own, sponsors are acknowledged. Links in the description are typically affiliate links that let you help support the channel at no extra cost to you.