Achieving Financial Freedom

The Swan Effect - Creating and Sustaining Your Financial Wellbeing

On this episode, Lucille and Arthi are joined by guest James Vigne, founder of Villic Wealth, to discuss this crucial topic about how one can get closer to achieving financial freedom.
To help gain clarity about achieving financial freedom, James helps answer:

• The definition of Financial Freedom
• How to go about becoming financially free
• Debt and net worth - their role in relation to financial freedom
• The difference between financial freedom and financial independence
• The benefits of financial freedom
• Insights on side hustles and crypto-trades as a means towards financial freedom
• Being financially free at retirement
• How to manage the notion of financial freedom for self, if circumstances don't allow for planning

About Villic Wealth:
Villic Wealth is founded on a principle of financial stewardship and the pursuit of protecting families and building wealth.
We would love to hear your views based on the themes covered in this episode. Please feel free to rate, write a review, and share with others.

#TheSwanEffect #FinancialFreedom#FinancialWellbeing #WomenInFinance #Saving#Investing #Financialwellness

Chapters

1. About Arthi Rabikrisson and Lucille Sikosana (00:00:00)

2. Achieving Financial Freedom (00:01:31)

3. Welcome James Vigne! (00:01:54)

4. Defining financial freedom (00:02:37)

5. The magic trick to financial freedom or not: How does one get started? (00:06:39)

6. How does debt feature in financial freedom and what is the difference between financial freedom and financial independence? (00:12:30)

7. What net worth do I need to be classified as financially free? (00:15:00)

8. Is it about living below ones means to attain financial freedom? (00:16:44)

9. The benefits of achieving financial freedom (00:19:23)

10. Can a side hustle get you closer to financial freedom? (00:21:57)

11. Getting rich quick through cryptocurrency - what should one be mindful of? (00:24:48)

12. How to be financially free at retirement? (00:27:11)

13. Achieving financial freedom if you've had set-backs, what is possible? (00:29:35)

14. What other goals, besides financial freedom, can one work towards in the short to medium term? (00:32:28)

15. Parting shot: Lucille - self worth is not determined by net worth (00:35:05)

16. Parting shot: James - make money your servant, not your master (00:35:48)

17. Parting shot: Arthi - achieiving financial freedom requires inspiration every day (00:36:15)

18. Thank you James! (00:36:52)

19. Look out for the next episode on the neuroscience behind financial decisions and more about financial coaching (00:37:14)

20. Thank you listeners! (00:37:38)

21. Swanning out for now! (00:37:59)