How to escape The Matrix
Автор: Nath Aston
Загружено: 2025-01-21
Просмотров: 9357
Hello everyone,
Today I want to break down the exact strategy I used to escape The Matrix and have complete freedom in my life.
What is The Matrix - I would consider anyone who is stuck in the cycle of trading their time for money to still be 'plugged in'. You need to figure out how to earn more money from passive income than your monthly expenses, this puts you into a position where you no longer need to trade your time for money.
So in this video I will go over the 4 ways to attack 'The Matrix' from different directions.
1. Fixing your Mindset towards Money
2. Running a Cashflow Business
3. Freeing up your Capital
4. Investing 80% of everything you earn
Laying the Foundation
00:00 introduction
00:50 What is the Matrix?
03:00 My Receipts
05:40 How to make your first million & achieve financial freedom
07:45 Why having $1M is important
09:00 Why compound Interest is important
12:00 The Strategy
🧠 1. Mindset
13:00 Fixing your Mindset and your beliefs set in childhood / by your parents
15:30 There's no reason it shouldn't be you earning a lot of money
16:20 Continue your education
18:17 Taking Ownership of your Life, Nobody is going to do it for you
20:47 My happiness through money comes through Freedom, not Material Possessions
21:40 Hold off Making extravagant purchases
💰 2. Generating Cashflow
24:30 running a cashflow business
26:50 Not everyone should be an entrepreneur
📉 3. Decreasing expenses
28:10 Do not increase your expenses to match your income. Increase income, Decrease Expenses
28:50 Living in Cheaper Locations is one of the most powerful moves
30:20 Why you should use locations to their individual strengths
32:30 Every Month Review your expenses
32:45 Living a minimal life, sell things you don't use and invest the capital
34:12 What you own ends up owning you
💸 4. Having your Money Working for you
35:00 Starting Young (If you aren't young, the best time is today)
36:20 The power of compound interest and investing instead of purchasing material items
38:04 The 80/20 rule
39:30 Do not let your expenses catch up to your income.
39:45 Remove all friction from making investments
42:00 Setting up Dollar Cost averaging
Bonus Tips
You don't need to buy property, we have this shared belief that you need a mortgage and a property and live there and that's a good way to get rich. It's not, you are better off having your freedom and having that money invested and working for you.
IF you want to buy a property it should be solely for the benefits of actually owning a home e.g you plan to live in that location for 10 years.
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