Are you dreaming of a life where you’re no longer tied down by financial stress, job obligations, or even the daily grind of your business? That’s the promise of discovering your Freedom Number—a simple, powerful figure that unlocks the door to true independence and lets you live on your own terms.
Your Freedom Number is the amount of passive income you need each month to cover your lifestyle expenses—so you never have to work for money again unless you want to. It’s not just about dollars and cents; it’s about removing constraints from your life. Imagine waking up and knowing your bills, travel, fun, and even surprises are all covered, freeing you to spend time with family, pursue passions, or simply breathe easy.
This number is so important because it gives you clarity. When you know exactly what you need to be free, you can make smarter decisions, set real goals, and stop guessing your way through financial planning. It’s your personal benchmark for freedom—financial, emotional, and even relational.
Your Freedom Number is the exact amount of passive income required to fully fund your lifestyle, month after month, without relying on a paycheck or active business involvement. For some, it might be $8,000 per month; for others, $25,000 or more. The key is that it’s unique to you and your family’s needs.
Why is it so crucial? Because it’s the target that, once hit, means you can step back from your business or career and focus on what matters most—your family, your health, and your dreams. It transforms financial freedom from a vague wish into a concrete, achievable goal.
A. For Entrepreneurs (Business Profits)
1. Track Your Monthly Lifestyle Expenses: Add up everything—housing, food, insurance, travel, entertainment, and savings goals.
2. Add a Buffer: Include a 10% cushion for unexpected expenses or lifestyle upgrades.
3. Calculate Your Total: This is your minimum monthly income needed for freedom.
4. Assess Passive Business Income: Figure out how much your business can pay you without your daily involvement (think distributions, not salary).
5. Freedom Number Formula: If your passive business income meets or exceeds your total expenses, you’re free. If not, the gap is your target for additional passive investments.
B. For High-Income Professionals (W-2 Salary)
1. List All Monthly Expenses: Tally up every recurring cost, from mortgage to groceries to family fun
2. Add a Safety Margin: Boost your total by 10% for peace of mind.
3. Annualize Your Expenses: Multiply your monthly number by 12 to get your yearly target
4. Determine Passive Income: Add up all sources—rental income, dividends, royalties, etc.—that don’t require your active work.
5. Freedom Number Formula: Freedom Number = Total Passive Income / Total Expenses. A ratio of 1.0 or higher means you’re financially free.
Traditional investments like stocks or bonds can be unpredictable and often require decades to reach your Freedom Number. MultiUnit Income properties—like multifamily apartments or co-living spaces—offer a faster, more reliable path. Here’s why:
1. Multiple Streams, More Stability: With several tenants under one roof, even if one unit is vacant, others keep paying, creating steady, predictable cash flow.
2. Higher Returns, Lower Risk: Multifamily real estate has historically outperformed stocks and bonds, offering better risk-adjusted returns and less volatility.
3. True Passive Income: You can invest passively through syndications or partnerships, letting experienced operators handle the work while you collect income.
4. Tax Advantages: Enjoy powerful tax benefits like depreciation, 1031 exchanges, and deductions that can dramatically reduce your taxable income.
5. Scalability: MultiUnit properties let you scale up quickly, using leverage to acquire more doors and reach your Freedom Number faster than with single-family homes or traditional investments
Knowing your Freedom Number is the first step to living life without limits. Whether you’re a successful entrepreneur or a high-earning professional, clarity on this number empowers you to build a plan, take action, and finally break free from financial constraints. MultiUnit Income properties can be your vehicle to get there faster, with less risk and more peace of mind.
Your journey to freedom starts with one simple calculation—so why wait? Checkout my Mini-Webinar to continue your journey
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