💥The 4% rule is wrong for calculating financial freedom! (it's all about cash flow)
Did you know that it's possible to quit working and live off your own money and investments?
Historically, it's been calculated using what's known as the 4% rule. However, it's been somewhat questioned lately.
In this video, I'm going to show you that it works. But it's true that the 4% rule is in trouble. With soaring inflation, rising living costs, and the difficulty in finding stable investments with good returns, making a living off your investments has become even more complicated.
However, in this video, I'm going to show you how to do it and we'll see how much money you need to be able to live off your investments safely, and which assets are the best for achieving them.
Brattia is a financial education channel. The goal of this channel is to develop various content related to personal finance, investments, economics, finance for entrepreneurs, pensions, among other things. On this channel, we want to provide information and education so that everyone can improve their personal finances and support them in becoming investors so that at some point in their lives they can achieve financial freedom.
But what is financial education? Financial education consists of developing "the ability to manage your money, keep track of your finances, plan for the future, choose financial products, and stay informed about financial matters."
The benefits of having good financial education include a better understanding of financial products and therefore greater negotiating skills with financial institutions when applying for a loan, learning about investments to increase your savings, better planning your personal finances by following a budget, and knowing how to control your expenses.
The problems with not having financial education are that people who lack it often end up in debt, as well as experiencing pension problems when they are older and personal problems caused by financial hardships. Pensions are a major headache for many people around the world. That is why another of our goals is to provide relevant information so that people can improve their pensions. They say money doesn't make you happy, and it's true. However, a lack of money is very harmful. Poverty has several causes, but one of them is precisely a lack of financial education. If we want to improve the world, education is the main weapon.
To achieve financial success, it's essential to be debt-free. Debt is the enemy of savings. And savings are the foundation upon which all levels of wealth are built. To be able to invest, you need to be able to save. So, it's very important to be able to save. Additionally, on this channel, we will offer live investment classes. We want to be a channel where we offer classes to all Chileans. Our dream is that both in Chile and in the rest of the Spanish-speaking countries: Mexico, Colombia, Peru, Spain, Argentina, Uruguay, etc., people significantly improve their financial health.
On this channel, you will see content on investments, savings, entrepreneurship, personal motivation, the stock market, stocks, real estate, mindset, pensions, the economy, passive income, active income, portfolio income, and other topics related to money. Economics is the social science that studies how families, businesses, and governments organize the often scarce resources available to meet different needs and thus achieve greater well-being. This is why understanding economics is essential for better development.
Those of us behind this project are entrepreneurs and investors, and we also have academic experience at universities. We want to bring that experience to you. Seeing the mistakes and successes others have made on this financial journey is important for growth.
What we really want is to contribute our grain of sand to your financial education.
Our dream is to be a free school where many people can study for free. YouTube is a platform that allows you to upload quality educational content. It is the leading educational platform that exists in the world today.