How to prepare for your future to get financial freedom

If you want to be millionaire, financially free or simply rich, do not focus on college education. Those are expensive degrees where you end up learning a lot of useless things and not being focused on practical stuff that is known to work. See my answer Benjamin Davis' answer to If you could go back 10-20 years ago, what would you do to be much wealthier than you are today? where I say I would never have done a PhD, knowing what I know now.

The amount of money you can make is unlimited, but the amount of money you can save is limited. So, focus on making money. And making money ain’t so hard BTW. Millions of people make thousands every day through blogs on niches, drop-shipping and other things you can do too.

Working for somebody else doesn’t make you rich in 99.99% of the times. Create your own company.This is really what removes barriers and limits on making money, unless you have a wonderful salary at your job (chances are you will never have). And creating your own company may mean starting off with some savings, and build a Real Estate portfolio, Or something else. Figure out what you like to do and hustle.

Many people made fortunes by simply identifying one need in the market that hasn’t been met before. I personally know a dude who made 7 million euros in one year, finding deals so that Chinese could apply for the Portuguese Golden Visa. There was nobody doing such a thing when we started. But many people in China wanted this so badly…

Instead of college education, educate yourself financially, on things that really matter. Read as many books as you can. I am putting together a huge compilation of books on finances, here: Books. My goal is to read 100 books in 10 months time, starting from January 17. I will post reviews and summaries of the books. This is how important financial education is for somebody who intends to become a millionaire.

Find your reason to fight, and fight. In my case was a chronic disease (the chronic fatigue syndrome). Not knowing I could work for much longer, I started to invest so that I could create a salary off my investments. I document my journey here: http://fromcentstoretirement.com

Its not wrong to want to become rich. Its the system we’ve chosen god damn it! So if we chose this system, why would it be wrong to be good at it? Most people that will repress you will envy you, for doing well. Don’t listen to them, know your thing and be successful. The world is out there waiting for you.

The sooner you start with Real Estate, the better. It is way more simple than other people tell you. Simply (1) find the right deals, (2) get a mortgage that you can comfortably pay with part of the rent of that home, and (3) find (right) tenants. This is a repeatedly proven theory that works super well, and gives you the chance to invest even when you don’t have much of savings.