Your freedom number is the minimum monthly income you need to live independently without a job. The speaker sets his at $3,000: $1,000 for living expenses, $1,000 for food, $1,000 for investment. Calculate yours instead of chasing a million-dollar lump sum.
Chapters
I was just consulting my notebook because I was like, you have this number. What was it called? It's called the freedom number. So the freedom number is the realistic number that you need to survive on a monthly basis. Is that essentially what it is? The freedom number is the dream. Oh, it's the dream. Okay. Yeah. The freedom number is that some people think, oh man, I want to have $1 million. And I think what that does is it stops you from today. And if you can figure out what is the minimum amount of money I need to be making so that I don't have to report to anybody. And that was my number, $3,000. It was $1,000 to live, $1,000 for food, and $1,000 to invest. I was like, if I can just figure out how to get that and keep my cost of living very low, I don't have to have a day job. I worked at Intel in a cubicle. The distance between me and the people out there who want to be where I am is actually much closer than they think.