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    Financial Security vs. Financial Freedom 2: The Difference Between Saving and Investing: Financial Freedom, #171
    Financial Security vs. Financial Freedom 2: The Difference Between Saving and Investing: Financial Freedom, #171
    Financial Security vs. Financial Freedom 2: The Difference Between Saving and Investing: Financial Freedom, #171
    Ebook85 pages57 minutes

    Financial Security vs. Financial Freedom 2: The Difference Between Saving and Investing: Financial Freedom, #171

    By Joshua King

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    About this ebook

    Do you know the difference between financial security and financial freedom? It's as simple as saving versus investing.

     

    The goal of financial security (saving) is to protect what you have. You have enough money to pay your bills, save an emergency fund, and go on vacation.

     

    The goal of financial freedom is to protect your future from the unknown. You invest to outpace inflation, save for kids' college, and ensure you can safely retire.

     

    You will need to become an investor to achieve financial freedom, but it's not as scary as you think. There are many ways to invest and earn passive income; you just need to find the way that works for you. Good Luck!

     

    LanguageEnglish
    PublisherJoshua King
    Release dateJul 14, 2023
    ISBN9798223209140
    Financial Security vs. Financial Freedom 2: The Difference Between Saving and Investing: Financial Freedom, #171

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      Book preview

      Financial Security vs. Financial Freedom 2 - Joshua King

      Table of Contents

      MILITARY FAMILY INVESTING | Joshua King | Home of the Free PDF

      Financial Security vs. Financial Freedom 2

      All Right Reserved Military Family Investing | 01  Financial Security vs. Financial Freedom 2

      02  Being Broke Isn’t Cute IV: Saving and Investing

      03  How to Use a Daily Budget

      04  The 30-Day $1,000 Emergency Fund Challenge

      05  LBYM: Living Below Your Means

      06  Inflation Ate My Paycheck 112: Inflation for Longer

      07  Home Maintenance Budget vs. Emergency Fund

      08  Time is Money #3: Invest

      09  Buy, Build, and Create Assets

      10  3 Steps to Live Entirely on Passive income

      Try Something New -Free PDF Download

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      Also By Joshua King

      MILITARY FAMILY INVESTING

      Joshua King

      Home of the Free PDF

      www.militaryfamilyinvesting.com

      Financial Security vs. Financial Freedom 2

      The Difference Between Saving and Investing

      01  Financial Security vs. Financial Freedom 2

      02  Being Broke Isn’t Cute IV: Saving and Investing

      03  How to Use a Daily Budget

      04  The 30-Day $1,000 Emergency Fund Challenge

      05  LBYM: Living Below Your Means

      06  Inflation Ate My Paycheck 112: Inflation for Longer

      07  Home Maintenance Budget vs. Emergency Fund

      08  Time is Money #3: Invest

      09  Buy, Build, and Create Assets

      10  3 Steps to Live Entirely on Passive income

      Free PDF Download

      1)  PDF of the Month: Don’t Gamble with Retirement 10 (Free 419-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 4 (Free 139-Page 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 10 (Free 419-Page PDF)

      10) Everything!: The Biggest Book on Passive Income Ever 3! (book)(Web Edition)(Art Edition)

      11) Writer’s Comparison: M1 Macbook Air vs. GalaxyBook3 Pro 360

      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: Fundrise vs. US Treasuries (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

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      PDF of the Month: Don’t Gamble with Retirement 10 (Free 419-Page PDF)

      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  Financial Security vs. Financial Freedom 2

      Financial education given in school is a disgrace to the American public. We all have different viewpoints on why this is, but finding a solution is a better use of our time.

      The main thing hurting Americans is not knowing the difference between saving and investing. I have met many people who can balance a checkbook, stay on budget, and live below their means, but they still fall behind.

      Do you want to know why the rich continue to get richer? They invest in assets that appreciate (increase in value) ahead of inflation.

      Five Takeaways from Before You Quit Your Job

      What is saving? What do you think about when you hear the word financial security? Four years ago, when I was 38 years old, I believed financial security was having $15,000 in a standard savings account.

      Let me repeat that again. I was 38 years old and still thought a standard savings account was the highest tier of financial security.

      For most of us, financial security is having enough to pay our bills, a little extra for fun, and a bit to save for emergencies and vacations.

      Why does saving alone always fail? If you are a hardcore saver, you will still fail long term. You may not even know that you failed.

      Retirement Planning vs. Creating Passive Income

      You will simply live a life with less because your money won’t travel as far. You may be unable

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