You probably won’t be surprised when I tell you which two factors are holding back most dreams of freedom. Well, they have financial reasons and a lack of courage. Economic reasons, i.e. lack of savings or worries about financial success, are the more common of these. Financial planning is indeed needed to make a life change. In this article, I’ll go through ways to get up to speed with the Freedom Fund.

Any kind of change work and the achievement of goals requires, first of all, activation in two areas.

The first is to work on your mind and thought patterns in a direction that allows you to achieve the goal. The second is a practical plan that will be implemented through regular means.

Our thoughts create the foundation and background vibe that either hinders or enables us to achieve our goals and goals. So let’s start with that.

What do you think about your financial potential to create a freer life?

If at the moment the balance of the account is a few dozen, and no wealth has accumulated elsewhere, it is clear that our minds believe that a freer life is more or less a utopia. Or, at best, a distant dream that requires at least decades of feeling in front of a lathe and a successful placement on the side.

Such thinking, which creates too far into the future and at the same time doubts one’s possibilities, can, unfortunately, paralyze inspiration in the present moment and torpedo the action to the very beginning.

Fortunately, the current situation and the circumstances of the present are inevitably not the same as our future, unless we firmly cling to the current situation and refuse to believe that anything else is possible.

It is, therefore, necessary to decide to defy the current situation, its prevailing circumstances, and the current account balance, relying on its potential to bring about change. And the situation changes only by changing their thoughts and what they do.

The very fact that you decide to take responsibility for making changes is a big deal. That is the beginning of everything. You should also explore your understanding of a freer life. It is not worth thinking about increasing freedom in one’s own life in a way that is too complicated or all-or-nothing, but as something to which small steppes can be taken all the time.

Aware that the growing experience of freedom and independence can already be enjoyed while traveling. When the vision of freedom is no longer a distant utopia, but a feasible goal, the situation looks quite different.

Focus on the low threshold stages first

Mentally, it is quite a different matter to think about the state of financial independence, which is only looming somewhere twenty years away, then perhaps a smaller period of leave to be implemented in just a couple of years and to plan the amount of savings needed.

While achieving financial independence in the longer term is a good goal, it does not mean that freedom could not be increased and achieved much faster on any scale. Why should you run furiously on a squirrel wheel for years at first and relax completely only when it is certain that the acquired wealth will allow you to rest on your bearings? There are also intermediate models.

It’s a lot easier to be motivated to act when you think it’s possible to get to enjoy the results of your own doing much earlier than ten or twenty years from now. Freedom can be understood as voluntary action, the quality and quantity of which can be regulated by oneself.

A big leap in freedom even if you find a pleasant way to work and earn a living, for example, 6 months a year, if you can use this to finance the second half of your living expenses, perhaps combining other savings and investment income. Even small passive incomes are an excellent help in this equation.

My own “intermediate model” solution

At the time, when I was considering jumping out of paid work and regular income, I felt like I couldn’t wait to tighten the pace of savings and make investments to reach a safe level of wealth only after maybe several years. It was not an option. A freer and more self-reliant life, no matter how low-income, attracted and called much more strongly.

So I ended up doing certain financial game moves in the fields of saving and investing and decided that I learned to make an income for myself over time in a way that suited me. Security was brought about by the awareness that I can adjust my monthly expenses to even a small budget, and my joy in life is not dependent on the amount of spending.

It took about 3 years from this start of financial planning, study and deeds when I felt I was sufficiently prepared and ready to take a step out of paid working life. In practice, I had saved some money on the funds and acquired a couple of investment homes. This was enough as a foundation and a good first step for me.

I understand that it may be important for someone to make sure that the euros saved and invested guarantee, for example, € 3,000 in passive income per month. But the time price for this goal needs to be weighed as well. Could savings enough to live 1-2 years freer be what you set out to pursue? Personally, therefore, I ended up accepting the objective of a lower threshold, even with the uncertainties involved. This is how I got to start a more independent lifestyle, enjoy and freedoms here and there, even though a lot of work was and still is to come.

Think about the fact that during such a couple of free years, you would be able to develop new sources of income for yourself as an entrepreneur, who will then profit from then on? Or maybe in that time, you will find some seasonal or telecommuting solution that would provide the freedom and leeway you are looking for?

Find out for yourself, because here is that low-threshold opportunity to start the transition to a freer life, even on a fairly fast schedule.

If your mind still needs security, what prevents you from permitting yourself to go back to the lathe if necessary to get more savings and make new plans. That, too, is a pretty good option.

Take a careful look at your financial situation

Now that the mind has begun to see opportunities to achieve the short-term goal of freedom, it is time to move on to doing more concrete things.

Mapping your financial situation and outlining different resources is the next step.

Calculating net worth is one important graph. Of course, mere monitoring of the account balance is not a sufficient measure to assess the economic situation. In a net worth survey, you clearly outline and record the amounts of your assets and liabilities and look at what is below the line. Even if you know about these, looking at more accurate numbers can be quite helpful.

The second is the monthly income statement of your finances. Tracking income and expenses for a couple of months now gives you a good idea of ​​where you are going now and what you should and could do to reduce expenses and/or increase income.

The aim, of course, is a surplus, or vice versa, that by putting money first into savings and investments, one can adjust the monthly expenses to the remaining amount.

It is also worth monitoring the development of net assets, for example, a couple of times a year. Especially when you save for your leave. Please see how the situation develops and what results in you will achieve.

Define the target amount for the first tier for the Freedom Fund

Make the first definition of your savings goal. How much savings do you need to have to take your first step to freedom? This first freedom step can be, for example, a relatively low-threshold 3-month sabbatical or “mini-pension”. Calculate how much money you need to implement it.

For example, let’s assume that the amount you need is € 5,000, or € 1,667 usage budget/month. Next, you’re wondering how much you could put into your current monthly savings, has the savings amount already been optimized? If you can save € 300 / month, that means that in a year and five months you will have € 5,100 in size, maybe a little interest on top.

So then you would be financially ready to start your 3-month sabbatical! Maybe you would rent an apartment from somewhere abroad, travel with a backpack on your back, or focus on some pleasant environment to enjoy life and plan your next steps in freedom. At this low-threshold stage, what is important is that it also teaches your subconscious that you can do these actions and achieve your goals.

Of course, you can also think about a bigger goal in the longer term, often it’s just a good idea to start with some low-threshold goal to maintain motivation and enjoy the fruits of your achievement. Once this is achieved, the next stage is determined again. A bigger vision can be in the background all the time guiding you to do things in the right direction.

Make a decision and outline the first steps

If you haven’t yet started targeting savings for freer times, it’s important to make the concrete decision that you’re now really starting to increase your freedom. And commit to acting according to the decision.

Next, you outline when and by what procedure you will make your first money transfer, and what you will do about it every week or month thereafter.

The main thing is to start. Make it your first conscious act, though, right away. For example, by transferring the starting amount, eg € 50-200, to the free/low-cost index fund. If you are already saving to the fund, then make some other action, savings, or investment decision. However, if the target is for a relatively short period (1-3 years), it is not worthwhile to put the entire amount of savings even in a relatively low-risk fund.

In the example where the monthly savings amount is € 300, you could put € 200 either in your bank savings account (open a savings account called Freedom Fund) or in another account with a slightly higher interest rate of 0.75-1% and then € 100 in the selected index fund.

In this way, the risk would be slightly diversified, but the possibility of receiving a small interest rate would still be maintained. The option to get a total of, say, 5-15% interest/return on savings is by no means worth neglecting.

It is a good idea to put savings largely on autopilot so that every month some amount is transferred to a savings account or fund. When you then follow the development of your savings, it is likely that hunger, ie the desire to save, will start to increase rapidly from this.

If you feel you’re not getting enough money to save every month, turn on budgeting. Decide on your monthly budget for different types of expenses and commit to it. One type of expense is saving to the Freedom Fund. First, start budgeting and adjusting your spending during the trial month, then adjust your budget as needed. The more closely you plan and monitor your finances, the easier and more likely it is to stay on track.

Define other means of accumulation of the Freedom Fund

Everyone’s situation is a little different in terms of where that money is most easily obtained to put in the Freedom Fund.

To find out for yourself if it is possible for you:

  • do overtime or extra work
  • earn a living, gig work, or start a business
  • sell an existing property, furniture, or merchandise
  • rent something you own

Write down all the ideas and then decide on 1-3 points to start with. By combining different ways to save, earn and utilize existing wealth, you get an accelerated freedom fund collection process.


  • check your thoughts and hone your mindset in a direction that strengthens your freedom
  • a freer life is a utopia only if one so chooses to believe and thoughts, as well as deeds, strengthen that belief
  • a freer life doesn’t have to mean complete financial independence and € 3,000 passive monthly income -> start with a lower threshold goal
  • define your first stage of a freer life and make a practical financial plan to get there

Now you have a mental landscape that enables a freer life, and the First Steps to Acquiring the Fund for Freedom are clear, perhaps already taken.

Keep planning, making, and further processing your freedom strategy all the time forward!

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