Financial Freedom

Financial Freedom

* immediately put 10% of your money aside (on another account for example).
Before paying any rent, any taxes, any loan, food, clothes…”

* Earned vs. Passive Income


* "job security" myth

* credit cards 
 A low annual percentage rate (APR). The lower the rate, the less interest you have to pay. Low introductory
rates may be raised after a year or less.
 The interest calculation method affects how much interest is paid, even when the APR is identical.
 Annual fees or any fees should not be charged. If the issuer charges an annual fee, ask them to waive it or do
not accept the credit card. 
 Late payment fees, transaction fees, over the limit fees, etc. will increase the total cost of your charges.
 A grace period is often provided if you agree to pay off your
balance before interest charges begin to accrue. Other credit
cards may charge interest from the day the charges appear on
the account.
 Various services and features, such as cash rebates, frequent
flyer miles, extended warranties, etc. may have hidden future
costs. Think carefully about the true cost of these programs. 


books
The Simple Path to Wealth by J L Collins
Your Money or Your Life by Vicki Robin
Building Wealth and Being Happy by Graeme Falco
Early Retirement Extreme by Jacob Lund Fisker