Todd PolkeInvestment Strategist l Wealth Coach l Speaker, Todd Polke · Investment Strategist l Helping Investors and Business Owners grow their Wealth Faster

At what level of #financialfreedom are you in right now? #shorts #investing #money #wealth

26 Apr 2023 · 1 min

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In this short video, the speaker outlines a four‑stage framework for financial freedom. The first level, "Needs," focuses on covering basic expenses and, most importantly, reclaiming one’s time—the most valuable resource. The second level, "Wants," expands the discussion to the "zone of choice," describing the extra options a person can enjoy when financial constraints are loosened. The third level, "Dreams," centers on building a desired lifestyle, turning financial independence into a vehicle for living the life one envisions. The final level, "Legacy," looks beyond personal benefit to the lasting impact one wishes to leave on others or the world. The video presents these stages as a progressive path from basic security to meaningful influence.

Chapters

There are 4 different levels of financial freedom. The first level of your financial freedom is all about covering your needs. When I talk about covering your needs, the fundamental outcome that we want to get out of this is to get your time back. That's what the outcome is. That's our most valuable resource that any of us will ever know. It's all about getting your time back. The next level of financial freedom is your wants. So when we talk about our wants, so this is about the zone of choice. So what are some of the extra choices that you want to have in life? Next level is dreams. Dreams is all about lifestyle. So what's the dream lifestyle that you want to be able to create? And then legacy. What's the impact you want to have? And that's the 4th level of financial freedom.