#292 Understanding Your Freedom Number w/ Krisstina Wise

Wealthy Wellthy Podcast

I'm excited to share with you a recent interview I did on the Conscious Millionaire Show, hosted by JV Crum III. In this engaging discussion, we delved deep into the essential money numbers for achieving financial freedom, a topic I am passionate about and have dedicated much of my career to mastering.

During the interview, I shared my personal journey to financial freedom, highlighting the pivotal moments and decisions that shaped my path. I spoke about the common misconception that simply working harder in your business and focusing on top-line revenue will make you rich. Instead, I emphasized the importance of understanding and managing your financial numbers effectively.

One of the key points we discussed was the idea of the "Freedom Number" – the amount of money you need to live comfortably without having to work. This concept is crucial for setting financial goals and creating a plan to achieve them. We also talked about the top ten financial questions every entrepreneur should be able to answer but often can't. These questions are vital for gaining a clear understanding of your financial health and making informed decisions.

In addition, we explored the significance of financial literacy and why it's essential for every entrepreneur. I shared insights on how to master your finances by breaking them down into three main disciplines: earning, spending, and investing. By mastering these areas, you can ensure a stable financial future and achieve true financial freedom.