How to Become Financially Independent in Your 20s: Financial Freedom, #74

By Joshua King

You have a lot going for you in your 20s—mainly the ability to work extremely hard and recover quickly.

 

However, you also must overcome natural urges from your hormones and school programming.

 

If you can build an income portfolio that pays your $1,000/month in dividends, you will be free for life.

 

Time is the critical component of compounding, and you have time on your side. Your $1,000/month income stream will turn into $11,000/month in your 40s.

 

The harder you work, the faster you save, and the quicker you achieve financial freedom. You will have to give up some fun today for success tomorrow. Are you willing to make that sacrifice? Good Luck!

 

• Language: English
• Publisher: Joshua King
• Release date: Nov 23, 2022
• ISBN: 9798215333860

Book preview

Table of Contents

MILITARY FAMILY INVESTING | Home of the Free PDF

How to Become Financially Independent in Your 20s

Monthly Dividend Tracker Template: Buy on Etsy

All Right Reserved Military Family Investing | 01  How to Become Financially Independent in Your 20s

02  What is Generational Wealth?

03  The Magic of Marriage

04  Vacation Dividends

05  Write a Book in One Week

06  What is Financial Independence?

07  The American Dream is Passive Income

08  The Magic of Compounding

09  Life as an Income Investor

10  Down-Sized? Time to Start an Online Business

Try Something New -Free PDF Download

MILITARY FAMILY INVESTING

Sign up for Joshua King's Mailing List

Also By Joshua King

MILITARY FAMILY INVESTING

Home of the Free PDF

www.militaryfamilyinvesting.com

How to Become Financially Independent in Your 20s

Work Hard While Avoiding Social Traps

01  How to Become Financially Independent in Your 20s

02  What is Generational Wealth?

03  The Magic of Marriage

04  Vacation Dividends

05  Write a Book in One Week

06  What is Financial Independence?

07  The American Dream is Passive Income

08  The Magic of Compounding

09  Life as an Income Investor

10  Down-Sized? Time to Start an Online Business

Free PDF Download

1)  PDF of the Month: How We Plan to Retire on Dividends 4 (Free 139-Page PDF)

2)  Free PDF Downloads: Download FREE PDF LIST here

3)  Financial Mindset: Become CEO of Yourself 2 (Free 196-Page PDF)

4)  Retirement Planning: Your Retirement Planning Guide 2 (Free 255-Page PDF)

5)  Investing: How We Plan to Retire on Dividends 2 (165-Page Free PDF)

6)  Cryptocurrencies: Counting on Crypto 2 (Free 159-Page PDF)

7)  Real Estate: Financial Independence through Real Estate 4 (Free 112-Page PDF)

8)  Business: Retire Rich, Retire Comfortable with a Business 4 (Free 149-Page PDF)

9)  Latest DGWR: Don’t Gamble with Retirement 8 (Free 445-Page PDF)

10) Everything!: The Biggest Book on Passive Income Ever 2! (book)(Web Edition)(Art Edition)

11) I bought a Kindle Oasis: Check it out on Amazon

12) Read My Books for Free: Free Kindle Books Schedule

13) Book Design: Design Tips on YouTube

14) Kindle Unlimited: Why I Finally Subscribed Kindle Unlimited (learn more)

15) Book Reviews: 505 Takeaways from 101 Books (pdf)

16) Writing: The Publishing Chronicles (Part 1, Part 2, Part 3, Part 4, Part 5)

17) Best REIT- Fundrise: REITs vs. Homeownership (Join Fundrise)

18) Follow us: On our Facebook Page and Join our Facebook Group

19) Support the Channel on Cash App: $Kingmarine1981

20) For more detailed analysis, join my Youtube: MFI YouTube Channel

––––––––

Monthly Dividend Tracker Template: Buy on Etsy

Disclosure: I am not a financial advisor or money manager, and any knowledge is given as guidance and not direct actionable investment advice. I am an Amazon Affiliate. Please research any investment vehicles that are being considered. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it.  I have no business relationship with any company whose stock is mentioned in this article.

All Right Reserved Military Family Investing

01  How to Become Financially Independent in Your 20s

Being young grants you the gift of youth. Youth allows you to work as hard as possible and recover easily by the next morning—you are almost invincible.

However, with youth comes hormones and pride. Indeed, fighting through your own mindset will be the biggest challenge of all.

If you can get it together, you can set yourself up to reap the benefits of wealth for your entire life and future generations. Would you like to become financially independent in your 20s?

Start a Coaching Business toward Passive Income

Why even ask this question? Of course, everyone WANTS to become financially independent as early as possible. However, very few people will do what it takes to accomplish this impressive feat.

I am 41 years old and see people for what they are; most people dream of having amazing luxuries like a beautiful spouse, obedient kids, big homes, and fancy vacations.

But all these things require one thing most people cannot give—sacrifice. To have things tomorrow, you must give up things today.

Therein lies the rub. Do you want to spend your 20s having fun or setting things in motion to enjoy your 30s, 40s, 50s, 60s, 70s, 80s, and 90s?

The Hunt for Baby Bonds

It’s a tough question that you seriously need to ask yourself. I have built enough wealth to set my family free for the next few generations—it doesn’t take much. However, I continue to build our empire, one book at a time.

What is financial independence? Financial independence is having enough cash