7 levels of financial freedom

One of the leading voices and biggest success stories in the FIRE movement — short for "financial independence, retire early" — the self-made millionaire has amassed enough money to live comfortably off income from his investments in perpetuity.

Sabatier views his situation as the end goal for people who think about money the way he does: not as something that allows you to buy things, but as a means of giving you more choices in how you want to live. "With every dollar you save, you give yourself more freedom and options in life," he told Grow. "Based on how much you have saved and invested, ask yourself, 'How many months of freedom have you acquired?'"

Rather than play golf or charter fishing boats, Sabatier has spent post-9-to-5 life in what he calls "a mission-driven phase." In his book "Financial Freedom," as well as in the Financial Freedom Course, an online personal finance curriculum, Sabatier offers a roadmap to money security which includes seven levels of financial freedom, ranging from Clarity all the way up to Abundant Wealth.

Half of working Americans say they live paycheck to paycheck, according to a recent MagnifyMoney survey, which puts them at Level 2, Self-Sufficiency.

Progressing through the levels likely requires a shift in your financial habits and overall thinking around money, Sabatier says.

Видео 7 levels of financial freedom канала SL MONEY MACHINE