What It Feels Like To Be Financially Free

[arve url="https://www.youtube.com/watch?v=xVzvDkMpZ3k" mode="lazyload" align="center" /] What exactly does it feel like to be financially free? So many of us strive for financial freedom without actually knowing what it's going to feel like when we get there. That was exactly my experience. In this episode I want to share what it felt like for me achieving financial freedom, both the good and the bad (and yes there is bad). I share this in the hopes that I inspire to to seek financial freedom first, and extreme wealth second (if ever). Resources Related To This Episode: Struggling With Financial Freedom Episode @ 28 years old Our "All In The Van" YouTube Channel 2 Properties To Financial Freedom Transcription: A lot of people invest in property with the goal of becoming financially free or with a goal of becoming extremely wealthy, but it's actually really hard to experience what it's like to be financially free unless you actually achieve it. And so in this episode I want to talk about what it feels like to be financially free. This episode is not to stroke my own ego or to do anything like that. The goal of this episode is to convince you that financial freedom is more important than riches and wealth. So I'm talking like a baseline level of financial freedom where you can pay for rent. You can have a roof over your head. You can live a decent life in not going to be a millionaire or it might be a millionaire, but you're not going to be super wealthy by any stretch of the imagination, but you've got your bases covered. So then you can go out and explore who you really are, what you really want, and whether or not you actually want to become wealthy. Because one of the biggest things that happened for me was that once I became financially free, I discovered I don't actually care about being extremely wealthy. I don't care about the luxury or the cars or things like that. And so if I have striven striven, is that even a word? If I strived in order to achieve a high level of wealth and wasn't financially free until I was super rich, then I wouldn't have discovered that until a lot later and would have spent a lot of years of working that I didn't have to. So the goal of this is to hopefully convince a few of you out there to aim for a lower level of financial freedom. And then when you achieve that and get to experience it, then you can decide from there whether you want to go for the Richard and you want to go for the extreme wealth or if you're happy with your level of income and then you just get to experience life and go through all of these experiences. So what does it feel like to be financially free? Hi, my name is Ryan Iran on property.com dot a view. I help people invest in property and achieved financial freedom and I achieved financial freedom through property investing, but through my businesses and more specifically through passive online income, I call it pseudo financial freedom because it's not the longterm financial freedom that property delivers where you're basically guaranteed to have financial freedom for life. This is financial freedom where a don't need to work much and the money keeps coming in, but over the course of a number of years there are market changes that can happen that can affect that income. And so it's not super long term, but it's a version of financial freedom where I have a few years where I don't really need to work, but I choose to work. So just wanted to clarify that. Um, so I have pseudo financial freedom and I achieved that at about the age of 28. I think I have a video from about 18 months ago where I had achieved financial freedom, was really struggling with that. So I'll leave the links to that in the description down below. But yeah. So what does it feel like to be financially free? Well, it's not what I thought. I thought achieving financial freedom would be this pot of gold at the end of the rainbow, that I would achieve financial freedom. And when I didn't click your fingers, I would be instantly happy. My life would be incredibly magical. I would have no issues at all. Everything would be great. And so I don't know why I thought that because life obviously it doesn't work like that. But yeah, there's no pot of gold at the end of the rainbow. In fact, I, when I achieved financial freedom, I went into a deep dark depression, which I'll talk a little bit about, um, but basically achieve financial freedom. And I had no goals set for after that because I thought I was going to be happy at the end of the day. So I had no goals, no direction for my life. And one of the big challenges of financial freedom is that you now have to make decisions about things you never even had to think about. And this sounds really weird, but the fact that you're choosing to go to work now, if you choose to go to work is a really big decision if you're choosing to go to work over spending time with your family, so over spending time with your spouse or over spending time with your kids, your now choosing to do that over spending time with them. And that's like a really big deal because for most of us, that's not a choice that we have to make. We go to work for our family, we go to work so we can provide for our spouse and so we can provide for our children. And once you're financially free and you don't have to go to work anymore, you are now choosing to go to work instead of spending time with them. And so that's like a really big deal. And then so there's a couple of decisions like that that you just never really had to think about that you now actually have to consciously make that decision to work out, okay, do I need to work? How much to I need to work for my own sanity? And things like that. So that was, that was really interesting. You also now need to compliment, contemplate life. You need to think about your life. You need to think about what's important to you. Is work important to you or is spending family time important to you and how much of each thing do you want to do? How important to you is surfing or your extra curricular activities and how you're going to find purpose in your life? Because previously you were focused on this goal. It's kind of really easy when you're aiming for it. You just focus on this goal, financial freedom, this is what I'm striving to achieve and I'm sacrificing for that. So I'm working in order to achieve that and sacrificing time with my friends and my family in order to achieve that. Um, and you're not really thinking about your life purpose because you have this really clear goal, but once you achieve that goal and you now no longer have any goals, you need to contemplate life. Contemplate what's important to you. Contemplate how you want to live your life. What impact do you want to have, if any, does that even matter? Who knows? And so there's a lot of challenges to go through when you become financially free that I just didn't expect. I did not expect to have to go through those challenges. And that's really what led me into the dark depression that I talked about was the fact that I had this direction. I had this goal and thing that I wanted to achieve and I had built my life around achieving that. So I was working long hours. I was striving to achieve that. Um, my wife was spending most of the time taking care of the kids because I was working for financial purposes. And then when we achieved that, it's like, okay, you don't have that goal anymore because you achieved it. You don't have that direction in your life. But you've also built up this habit and this routine where you go to work and now it's like, oh, well you're choosing to go to work over spending time with your family. And it's like that. That's hard. That's hard to do. And then to go from working full time to not working anymore, we moved into a van and did some traveling in a van and I was hardly working at all. That was a really difficult transitional period for me. Um, and yeah, like I don't want to be a wind job, but just want to make it clear that financial freedom, there's a lot of challenges that come with it. Obviously you don't have the financial challenges, which is absolutely awesome, but you do have these things that will, at least for me, that we had to think about. So enough of the negative, because obviously financial freedom is awesome. It's not all negative. What are some of the positives of experiencing financial freedom and what does it feel like? Well, one of the awesome things is that you get to try a whole bunch of things that normal people don't get to try it. So for me and my wife, we moved into a camper van with our three children and did some traveling up the east coast of Australia. We gave that a try. We did it for two months. We thought it would be the lifestyle for us and we hated it. Okay. We did it. We didn't like it. It was just too much work with the little ones. For us it was harder than being in a house because the places we would stay at would be on the roads and you know, you can't even go to the toilet because your kid is right near the road and we had like an under three rolled at the time who doesn't understand traffic and so there's just like with so many issues with that. But we got to try that. And then when we moved up here to Noosa, I got to try spending full like six months basically playing this game called Super Smash Brothers Melee and focusing on training and becoming better at that game with the potential that I may want to be competitive at this game in the future. May want to go to international tournaments and things like that. So I got to spend about six months while I was doing a bit of work. I'm actually practicing this game that I love to play and so I got to try that. The next thing that I'm looking at now is the potential of running an ultra marathon, so I am not a runner at all. I haven't run in years, but I'm fascinated by this concept of the ultra marathon.