The Family Finance Show

Achieving Financial Freedom

August 17, 2021 Season 2 Episode 6
Achieving Financial Freedom
The Family Finance Show
More Info
The Family Finance Show
Achieving Financial Freedom
Aug 17, 2021 Season 2 Episode 6

Patrick McKay  shares how he achieved financial freedom by saving 50% of his salary for 17 years. While 50% may seem impossible, anyone regardless of income can achieve financial freedom because it is about living within your means. If you save less than 50% of your income, you may still achieve financial freedom, it will just take a little longer.

In this episode, we learn what mistakes Patrick made along the way, how his life changed after achieving financial independence, and the financial freedom calculation, also known as the 4% rule, or 300 rule.

Join us on Twitter for real conversations about family finances:
@FamFinanceShow
@DianaGranoux
@TravelBugBitten

Website: https://www.familyfinanceshow.com

Subscribe on your favourite podcast platform: https://podlink.to/FamilyFinanceShow

Show Notes

Patrick McKay  shares how he achieved financial freedom by saving 50% of his salary for 17 years. While 50% may seem impossible, anyone regardless of income can achieve financial freedom because it is about living within your means. If you save less than 50% of your income, you may still achieve financial freedom, it will just take a little longer.

In this episode, we learn what mistakes Patrick made along the way, how his life changed after achieving financial independence, and the financial freedom calculation, also known as the 4% rule, or 300 rule.

Join us on Twitter for real conversations about family finances:
@FamFinanceShow
@DianaGranoux
@TravelBugBitten

Website: https://www.familyfinanceshow.com

Subscribe on your favourite podcast platform: https://podlink.to/FamilyFinanceShow