Why is Financial Freedom Important?

Jim and Linda McKissack answer the following question: Why is financial freedom important? They talk about how very few people become wealthy, and the steps you can take to be a part of that small group. 

Jim shares the importance Cash Flow Quadrant had on the couple's wealth-building journey, how it opened their eyes to the two types of income--earned income and passive income--and how the concept changed how they viewed money. 

Linda also briefly touches on how they started their journey into real estate investing while still $600,000 in debt. She talks about the importance of having a plan and finding your Freedom Number. They talk about how it's simple to do what they did, but that doesn't mean it's easy.

Download our Freedom Number Worksheet: everythinglifeandfinancialfreedom.com/worksheet/

Episode Resources:

• Cash Flow Quadrant: amzn.to/39WmG20
• The Millionaire Next Door: amzn.to/3lH4SKM
• The Wealthy Barber: amzn.to/3sUvEmT
• Thou Shall Prosper: amzn.to/3amxGWz
• Rich Dad Poor Dad: amzn.to/3Ghj5az
• Win the Day: amzn.to/38J1hsS
• Profit First: amzn.to/3wJf9wg

Built to SKALE is hosted by Preston McKissack, who's family built a solid team they sold for seven figures, and Andy Fenstermaker who (along with Pres) runs SKALE for Teams, a platform that helps team leaders and owners grow their businesses effectively while saving time.

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