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My honest advice to someone who wants financial freedom

Ali Abdaal

2.2M Views . 2024-04-23

Use the promo code ALI to get a free share worth up to £100 or visit https://www.trading212.com/promocodes/ALI This video does not represent financial advice, and I am not a financial advisor. When investing, your capital is at risk. Investments can rise and fall and you may get back less than you invested. Past performance is no guarantee of future results. Free shares can be fractional. *Terms and fees apply - https://www.trading212.com/terms/invest. The other day I had a conversation with someone about their financial goals. It sparked the idea for this video, where I share my honest advice to anyone who wants to hit financial freedom. I hope you get some value out of it! Enjoy x 🔗 LINKS: - I'm launching a productivity community, join the waitlist here: https://waitlist.productivitylab.com/?utm_campaign=Productivity%20Lab%20Waitlist&utm_source=youtube&utm_medium=social&utm_term=Long%20MC&utm_content=Long%20MC%20-%20Honest%20Advice%20for%20Financial%20Freedom%20%28PL%20Waitlist%29 - Check out my New York Times Bestselling book Feel-Good Productivity: https://www.feelgoodproductivity.com/?utm_campaign=Feel-Good%20Productivity%20Book&utm_source=youtube&utm_medium=social&utm_term=Long%20MC&utm_content=Long%20MC%20-%20Honest%20Advice%20for%20Financial%20Freedom%20%28FGP%20Book%29 - If you've read the book, share your thoughts here: https://aliabdaal.com/fgp-rating/ - Million Dollar Weekend by Noah Kagan: https://geni.us/xa3Aa - Millionaire Fastlane by MJ DeMarco: https://geni.us/o1uBB - Dotcom Secrets by Russel Brunson: https://geni.us/jcPmG - $100m Offers by Alex Hormozi: https://geni.us/lb3Yd - Blue Ocean Strategy by Kim and Mauborgne: https://geni.us/PnBZS By the way, you can watch this video in a few other languages by changing the audio settings xx 🍿 WATCH NEXT: - My interview with Robin Waite: https://www.youtube.com/watch?v=F60rVOE5mJw - My first interview with Daniel Priestley: https://www.youtube.com/watch?v=VwLqwcjJwRo - My second interview with Daniel Priestley: https://www.youtube.com/watch?v=jOgqIbeLXkE - My interview with Nicolas Cole: https://www.youtube.com/watch?v=JIfEgvpEufU - My interview with Codie Sanchez: https://www.youtube.com/watch?v=zHiRzcXftPw - If I Wanted to Be a Millionaire by 30, I'd Do This: https://www.youtube.com/watch?v=mBTPvvgRICQ 📈 If you want to start or grow a YouTube channel: https://go.aliabdaal.com/exp 💌 Free Weekly Productivity Insights: https://www.aliabdaal.com/sunday MY FAVOURITE TOOLS & GEAR ⏰ Rize - How I track my time and stay productive - https://rize.io/aliabdaal 📩 Superhuman - My favourite email app - https://go.aliabdaal.com/superhuman ✍️ Shortform - My favourite place for book summaries - https://go.aliabdaal.com/shortform 📚 Readwise - How I remember everything I read - https://go.aliabdaal.com/readwise 🎵 Epidemic Sound - Music & SFX in my videos - https://go.aliabdaal.com/epidemicsound ⚙️ Notion - How I manage my life and business - https://go.aliabdaal.com/notion 💰Trading212 - How I invest my money - https://www.trading212.com/promocodes/ALI MY OTHER SOCIALS: 🎙 My podcast Deep Dive - https://www.youtube.com/c/DeepDivewithAliAbdaal/ 🌍 My website / blog - https://www.aliabdaal.com/ 🐦 Twitter - https://twitter.com/aliabdaal 📸 Instagram - https://instagram.com/aliabdaal 📱  TikTok - https://www.tiktok.com/@aliabdaal 👨‍💻  Linkedin - https://www.linkedin.com/in/ali-abdaal/ 🎥  Facebook - https://www.facebook.com/aliabdaal/ WHO AM I? If we haven’t yet before - Hey 👋 I’m Ali, a doctor-turned-entrepreneur and I’ve somehow become the world’s most followed productivity expert. Through my videos here on this channel, my podcast Deep Dive and writing, I share evidence-based strategies and tools to help you be more productive and build a life you love. PS: Some of the links in this description are affiliate links that I get a kickback from 😜 ⌚️Timestamps: 0:00 - Introduction 1:34 - 1. Why do you want Financial Freedom? 6:08 - 2. What is the Dollar Amount? 22:48 - 3. Action 35:24 - 4. Sort your life out. 36:15 - 5. Stop wasting your time. 37:53 - 6. Use your day job to your advantage. 39:13 - 7. Surround yourself with like-minded people. 41:10 - 8. Enjoy the journey.

The speaker was inspired to make this video after having dinner with a school teacher who wanted advice on achieving financial freedom. The speaker believes that everyone has their own reasons for wanting financial freedom, and that it is important to define exactly what it means to you.

Financial Freedom
Motivation

  • The speaker was inspired to make this video after a conversation with a school teacher who wanted to achieve financial freedom.
  • The speaker emphasizes that financial freedom is a psychological and social construct, and individuals should clearly define what they want to achieve with it.

Insights from the YouTube Video Clip:

1. Financial Freedom is More Than Just Money:

The speaker highlights the importance of understanding the why behind your desire for financial freedom. It's not just about the money itself, but what that freedom allows you to achieve in life. He emphasizes that financial freedom is a psychological and social construct, tied to your desired lifestyle and aspirations.

2. Define Your "Why" and What It Buys:

The speaker shares his personal motivation for financial freedom: the ability to work part-time as a doctor, maximizing happiness and fulfillment. He stresses the importance of identifying your specific "why" and what that financial freedom would enable you to do.

**3. Financial Freedom

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