Part 3/8:
The first step in this financial freedom journey is defining what financial freedom means for you. This involves determining your "Financial Freedom Number," a concept that became pivotal through a conversation with a multi-millionaire mentor. He helped break down this abstract term into tangible lifestyle enhancements.
By asking questions about the desired lifestyle—such as the type of home, car, and travel preferences—you begin to identify what "rich" really means to you. For instance, instead of thinking in terms of what might seem like a lofty yearly salary, shifting the focus to monthly costs can lead to more actionable steps.