Holistic Money Podcast

How to Invest for Financial Freedom


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In today's episode, I will talk with you about investing for financial freedom. I have been talking to many clients about financial freedom, and I think about financial freedom often. Craig and I talk about freedom often and wanted to dedicate a podcast episode specifically to how I think about investing for financial freedom.

Before I dive into this episode, I want to first remind you about my four stages of wealth building: the survival phase, the foundation phase, the growth phase, and the freedom phase. So what I'm going to be exploring today are strategies to bring to life that freedom phase regardless of where you are on your financial journey. Suppose you're in the survival phase or the growth phase; in that case, you can still listen to this podcast and start to get some ideas on how to change the way that you're currently thinking about money and perhaps even the leading narrative that you have around money in your life, because whether you're aware of it or not the way that you think about money and perceive your path forward with money has been shaped by things that you've learned from your parents, your employer, your culture, and the government. There are a variety of factors that shape the things that you believe to be true about money. 

In this episode, I want to crack open all that, and I want to start to infuse in some new ways to consider using money in your life as soon as today, no matter which financial state you're in. Please stay tuned!

Key Highlights

[00:00:04] Introduction to today’s topic: How to invest for financial freedom.

[00:01:34] Recap of the four stages of building wealth

[00:02:46] Debunking the standard retirement model

[00:10:03] Investing outside of your retirement accounts

[00:12:53] Assets classes for financial freedom investing:

  1. Investing in the stock market
  2. Investing through real estate
  3. Investing through business


Notable Quotes

  • I’m not hating on spending money; I think spending money is amazing. Every spending decision that you make shapes your life, but when so much pleasure and worthiness and satisfaction comes through the process of acquisition and wealth and spending money on things, it's unconsciously reinforcing the narrative that we're being taught that's shoved down our throat: Work at this job that you don't really care about, and don't find your unique value in the ways that you love to.
  • In financial freedom investing, you just have to throw a bomb and all of that and think to yourself, “Okay, there have got to be more interesting ways for me to use my money and live my life today, right now, so that I'm not on this hamster wheel and I'm not prescribed this way of living.”
  • We have to infuse our lives and planning with resourcefulness, creativity, and entrepreneurship.
  • We have to start to bus some of these standard narratives around money in these cultural myths that we've all been blindly living by to start to think about, “How can I reallocate my resources today to start to create income streams , to give me the freedom that I need and want  to be able to live the life t

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Holistic Money PodcastBy Whitney Morrison

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