My honest advice to someone who wants financial freedom

Ali Abdaal

2.4M 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 -- 📕 Check out my New York Times bestselling book Feel-Good Productivity: https://go.feelgoodproductivity.com/amazon/yt And if you've read the book, I'd love it if you could leave a review here: https://go.feelgoodproductivity.com/ytazreview 💌 Join LifeNotes, my weekly email where I share what I’m reading & learning: https://go.aliabdaal.com/lifenotes/yt 🍿 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 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, Ali, discusses his experience with a school teacher who wanted advice on achieving financial freedom. Ali explains that he has been documenting his journey from medical student to full-time entrepreneur and that he is now in a position where he considers himself financially free. He believes that understanding the 'why' behind wanting financial freedom is crucial and shares his own motivation, which was to achieve the flexibility to work part-time as a doctor.

Financial Freedom

Motivation

Work-Life Balance

The speaker was discussing the concept of financial freedom with a school teacher who was in his 30s and wanted to achieve this goal.
The speaker mentioned that he receives this question frequently from others who have similar aspirations for financial freedom.

Insights from the YouTube Video Critic Text:

1. Financial Freedom is More Than Just Money: The text highlights the crucial point that financial freedom is not just about having a large sum of money. It's about the psychological and social freedom that money can buy. It's about having the autonomy to choose your work schedule, pursue your passions, and live a life aligned with your values.

2. Define Your "Why" for Financial Freedom: The speaker emphasizes the importance of understanding your personal motivation behind seeking financial freedom. What specific freedom does it offer you? What are the things you can do or have that you can't do now? This clarity helps you stay focused and motivated on your journey.

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