In this episode, host Jerry St. Pierre defines financial independence. Financial independence is having enough assets and personal income sources that working a job is optional. At this level, one's net worth is snowballing and growing, but they still need to pay attention to their money and taxes. Examples of financial independence include being able to take a year or two off of work and still meet one's needs, and having little to no debt. Leverage, if any, should be at 50% or less. Ultimately, money is personal and everyone should do what works best for them.
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ABOUT THE LIFE & MONEY PODCAST:
Jerry St. Pierre overcame significant life adversity. Now, his life's work empowers others to also thrive through head, heart, hands, alignment. Today, Jerry thrives and he shares his story to inspire many, and he is reaching back to help others! Jerr is the host of “The Life & Money Podcast,” where he has conversations that inspire you to financial independence and to do work that you love, so you too can live a purpose filled life!
DISCLAIMER:
The Life & Money Coach podcast and related websites are the personal views of Jerry St Pierre. The Content in this show are not those of the United States Air Force, Department of Defense, or U.S. government. Content expressed are provided for general information purposes only and do not constitute legal, tax, accounting or other professional advice. Visitors should not act upon any information or content found here without first seeking appropriate advice from an accountant, financial planner, lawyer or other professional.