• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

The Marathi Investor

Survival is the only way to get Rich

  • Home
  • Stocks Market Basics
  • Investing
    • Investing Books
      • Common Stocks and Uncommon Profits
      • the DHANDHO INVESTOR
      • Security Analysis
      • Stocks to Riches Book Summary
      • Intelligent Investor
      • One Up On Wall Street
      • the DHANDHO INVESTOR
  • Accounting
  • Mutual Fund
  • Bitcoin Investing
  • Contact Us
You are here: Home / Investing / Financial Freedom for common man

Financial Freedom for common man

April 11, 2022 by Laxman Sonale 1 Comment

Hello friends, today we talk about Financial Freedom for the common man. Stock Market helps you to achieve this goal. so let’s understand what is the real meaning of financial freedom, and how can we achieve that.

Financial Literacy

What is the real meaning of Financial Freedom for the common man?

In simple words, says, Financial freedom is a thing, in that you live life without worrying about the rental bill, food bills, and clothing prices, which means, you have an income that is above your lifestyle monthly requirement and you don’t work for your necessities.

Everyone wants Freedom, but very few get that, because, most people just run the race without knowing the endpoint.

means, people work hard, work 16 hours a day, without having any financial goal. so If we want financial freedom, then we have to follow this

so talk about the financial goals.

1) Financial Goal:-

So if you want to achieve financial freedom, for that you have to set a financial goal. So this goal varies from person to person.

In this goal, you have to decide, how much amount, is required for you to live your dream lifestyle. so let’s take examples to understand their financial goal

Suppose, Geeta is a housewife, and recently, his husband doing a job in the marketing department. Her family’s monthly expense is all about Rs. 40,000.  Her husband, whose Income is about 1 lakh per month.

so If Geeta wants to live a Financial free life, she needs 12 lacks, for his dream lifestyle, and for her children’s education, per year is about 5 lakh, (Financial Freedom for the common man)

so Geeta’s yearly expense is all about 15 lakhs, considering she will live more than 70 years from now.

let’s make a simple calculation

Financial Goal = yearly expenses * 70 years

Financial Goal = 15 lakh * 70

Financial Goal = Rs. 8,50,00,000

so Geeta’s family needs 8 crores 50 lakhs, rupees to live their financial life.

now we know the target, most the people can take this much off target, for their financial life,

now let’s understand how to achieve this goal, with Stock Market.

2) How to achieve this Goal with Stock Market:-

 

Financial Freedom for common man

Hope you see the above screenshot clearly.

if Geeta’s Family, from now ever month if he invested 10,000 rupees in the Stock Market, let’s say In Index funds like the Nifty, or Sensex Index.

after 29 years, he got his financial Goal, this year, they got lots of money in the form of a Dividend. and this money grows without any work.

if they want to retire or live financial life, they can live, without worrying about their expenses. Before getting their number, they have to live very carefully, without any extra expenses, like vacation, or any other luxury things.

so many people, say, that much amount of time, we don’t have, I want quick financial freedom,

so friend, financial freedom is a big thing, you have to give the time to achieve this goal.

if someone wants, a more quick way to get rich, then they can start their part-time hustle, to get rich, and invest more like 20,000 per month or more. then result are different.

so this is a little article, hope you understand the main key point from it.

Read More Articles.

  • The Intelligent Investor
  • Security Analysis book
  • One Up On Wall Street
  • Common Stocks and Uncommon Profits
  • Stocks to riches
  • Rich Dad Poor Dad
facebookShare on Facebook
TwitterTweet
FollowFollow us

Filed Under: Investing Tagged With: 10 steps to financial freedom, 4 steps to financial freedom, financial freedom account, financial freedom amount in India, financial freedom book, financial freedom formula, financial freedom in hindi, financial freedom plan, financial freedom quotes, financial freedom vs financial independence, how to achieve financial freedom in 5 years, how to achieve financial freedom in India, how to invest in stock market in india online, types of stock market

Reader Interactions

Trackbacks

  1. FIRE Movements in Life - The Marathi Investor says:
    May 1, 2022 at 6:35 pm

    […] Financial Freedom […]

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Search Post

Please follow & like us :)

Facebook
Facebook
fb-share-icon
YouTube
Instagram
Twitter
Visit Us
Follow Me
Tweet
Pinterest
Pinterest
fb-share-icon
LinkedIn
LinkedIn
Share
Telegram

Recent Posts

  • Blockchain Technology Investment
  • Is bitcoin the future of Money?
  • Is Bitcoin a Currency or an Investment?
  • How Bitcoin’s Prices Increases in Past?
  • What gives Bitcoin Value?

Recent Comments

  • Defensive Investor Qualities - The Marathi Investor on 15 points of outstanding company
  • The Intelligent Investor: Chapter 2 - The Marathi Investor on One Up On Wall Street: Chapter 5
  • Enterprising investor need qualities to success - The Marathi Investor on Investment Secret of Warren Buffett
  • Intelligent Investor: Chapter 9 - The Marathi Investor on Common Stocks & Uncommon Profits: Chapter 4
  • Intelligent Investor: Chapter 12 - The Marathi Investor on Common Stocks & Uncommon Profits: Chapter 4

Categories

  • Accounting (1)
  • Bitcoin Investing (9)
  • Common Stocks and Uncommon Profits (12)
  • Intelligent Investor (19)
  • Investing (10)
  • Investing Books (1)
  • Mutual Fund (1)
  • One Up On Wall Street (22)
  • Security Analysis (16)
  • Stocks Market Basics (1)
  • Stocks to Riches Book Summary (11)
  • the DHANDHO INVESTOR (13)
  • Uncategorized (1)

How to deal with Mr. Market

The Intelligent Investor Chapter 8:- Investor and Market Fluctuations

50,000 Frenchman can be wrong

One up on wall street Chapter 20

Best time to Buy and Sell Stocks

When to Buy and sell stocks

Common Stocks and Uncommon profits Book Summary

Common Stocks and Uncommon Profits book review

Footer

Financial Literacy

Stocks to Riches Chapter 13L- Financial Literacy to Become Rich

Loss Aversion & Sunk Cost Fallacy Bias

Stocks to Riches:- Chapter 5 Loss Aversion and Sunk Cost Fallacy Bias

Mutual Funds:- Good or Bad?

Stocks to riches Chapter 9:- Mutual fund good or bad

When to Buy Stock ( by Philip A. Fisher)

When to buy stocks

Sources of Information about Company

Annual Reports of the Company: security Analysis

Follow us

Get new posts by email

Copyright © 2023 · News Pro on Genesis Framework · WordPress · Log in