Then, watch this video where I interview my cousin Michael Biggs which may shed a bit of light on an ever complex topic which I think is a result of this Big Black Book which I have in my library.
This is the dictionary that is used by the lawyers within at least the United States of America. I don't have a really good understanding of this book and I think not many people do. So I wanted to introduce Michael Biggs, my cousin, who is visiting me from Detroit, Michigan. He has a much better understanding of this book, so he can share it with all of you in the audience.
Michael is 38 years old and grows medical marijuana. And I, at one point in time, he got into a little bit of trouble because of that. Not because he was doing anything illegal by the books, but because of the interpretation of the law.
This book, which by the way it is very...
Watch the above video where I explain my timeline to Financial Freedom.
So, if you notice all of these asset classes, they are PIG types of passive income generators. They enable me to pay the minimum amount of taxes via oil and gas or businesses are real estate, etc, etc, etc. So that's basically what I did, I was able to achieve Financial Freedom within 12 to 18 months.
It was very, very easy, and it should be for anyone because you've had a decade of free money.
If you look at the graph, you will see I was earning a lot of earned income, earned income, active income, and my taxes were very high. I used the tax code to my advantage in order to reduce my taxes utilizing the passive income generators, and I increased my passive income. My hours worked decreased over time because at the same time I was building Passive Income, I was on an active income at Direct TV (another asset I was building because I was a shareholder of Direct TV).
So within two to three years, I was...
I love doing whatever I want EACH and EVERY DAY OF MY LIFE. That is one of the PRIMARY BENEFITS of Financial Freedom.
Since 95% of the population has to continue trading their time for money, they are unable to attend these events, so if you missed Freedomfest and want to see the photos' you can go ahead and do so below:
Congrats Jo-Ann and Mark Skousen, and the Entire Extended team for another CONTENT RICH and FLAWLESSLY EXECUTED conference and allowing me to teach everyone "How to Achieve Financial Freedom Quickly with the $70B Formula" for the 4th year in a row.
I learned so much about the Global Trade Wars, The Economy, Debt, Natural Resources and danced for hours at the Saturday night Gala which was so much fun with the Amish Band. Here are a few photos which I thought I would share
Congratulations to all my ATT/DIRECTV/TW family members. You killed it and knocked it out the ballpark on your Q2 Earnings call this morning.
I am so proud to call you my Partner and Family and see that you continue to demonstrate excellence in the Financial Freedom Formula™ methodology. We are discussing the Formula along with your Q2 performance results during our FFF Group Coaching Call which will be held later today.
If you are a Group Coaching Program Member, make sure you attend today's call so you can see how the Formula is used across any type of ASSET. That is the power of the Formula.
Others, we are NOT yet FFF members and/or continue FAKING until you MAKE IT. Why NOT go here and watch this special video I recorded just for you this morning.
Congrats again to my Partners at ATT/DIRECTV/TW for DELIVERING such...
Years ago I picked an ECONOMIC class, Upper, Middle, or Lower since the MIDDLE is going away. The FINANCIAL FREEDOM FORMULA™ is to MINIMIZE the speed at which it becomes EXTINCT.
For those people who want to MITIGATE their EXTINCTION, I recommend they learn and adopt the Formula, then they will have a higher probability of getting into the Upper class, the other ones that don't adopt the Formula will become extinct with the other population and fall into the lower class.
I teach the FORMULA to those who want to learn. I encourage you to attend my last public appearance on July 18th, 2019 at Freedomfest.
So that's the purpose (WHY) of the Formula and that's why I created it. Alright, so here is what I did. Okay. In my reality, I needed $10,000 a month in passive income. That was my number, right? I had no passive income, as a matter of fact, I was...
I have received a lot of questions about how I what I did and well in this multi-part video series, I will explain the Financial Freedom Formula (F3) and how it teaches anyone how to print money legally.
Basically, the Financial Freedom Formula is about having an infinite rate of return, because that is the only way that I know how to achieve Financial Freedom QUICKLY. Saving money, getting out of debt and working does not work, it's obsolete and has been for decades.
How do you do that?
It all begins with what is your wealth number, that is how long can you survive on your same standard of living if you were to lose your job today? and it's usually less than a month, Meaning many people don't have any passive income, so they are unable to actually live long in their same standard of living if they were to stop working. It should be infinite.
So What can you do?
Well, you generate the necessary passive income that doesn't require...
Watch the above video where I discuss Financial Statement which is the Tool that enables me to Get an Infinite Rate of Return. See, the Financial Statement makes me Rich. The Lack of One Makes Others Poor.
When someone doesn't have one, they are unable to ever become Financially Free, and can NEVER get an Infinite Rate of Return. This is the main reason, why so few are Financially Free. If they had a Financial Statement and understood how it works, they would have used the last decade of Free Money to achieve Financial Freedom for themselves.
There is NOTHING wrong with being FINANCIALLY ILLITERATE, UNLESS, you refuse to LEARN HOW TO become FINANCIALLY LITERATE.
Therefore, if ANYONE has NOT achieved FINANCIAL FREEDOM, WITH A DECADE OF FREE MONEY, BY DEFAULT, THEY ARE FINANCIALLY ILLITERATE, and I will help anyone who want's to learn.
What is Financial ILLITERACY? Let me explain, at the most basic level, If you...
Jekyll Island is the birthplace of the Federal Reserve, thus it is the birthplace of what you call "Money" today.
"What is Money? That is the real question? So I went to visit Jekyll Island, which took a day from Los Angeles to get there, but it was well worth the time. I was able to hang out with a few of my partners, who happen to be my closest friends. I even took my sister Heather with me, so she could learn about the subject of money.
The real advantage of the trip was being able to spend time with Ed and do this interview to share his knowledge with the world.
Unfortunately, the school system doesn't teach anyone about the subject of money which is the "Root Cause" for 97% of the population to be Financially Illiterate today.
Any school, educator, course, and/or book which teaches Money and/or Financial Literacy, must start at the beginning, the origin, thus it must begin with Ed and the birthplace of the Federal Reserve,...