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In this episode we look at the first stage in setting up a life for financial sustainability - getting your expenses under control and your BURN RATE.BURN RATE is critical to having the flexibility to move towards a life based on passive income generation (or financial sustainability as we call it) and we show you the truth behind the concept that $1 saved = $3 earned.
We discuss the secret to living an unconstrained life by disclosing the secret of how one must use Financial Sustainability and focus on their burn rate. We introduce the math of the process and how the current FIRE followers are basing their efforts on a flawed paradigm.
This is the philosophy of Financial Sustainability. In this first FS episode, we talk about the concepts and methodologies of FS, introducing the concept of how capitalism works and the expectations it has for any participant. We explain about accounting and record keeping, so give you the tools you will need to measure and optimize your finances to keep you unconstrained.
Introducing the Unconstrained Podcast and the concept of being unconstrained through the art of Financial Sustainability.Similar to the concept of Financial Independence and the FIRE movement, being unconstrained focuses on the mistakes of most people in the 21st century that results in a life of debt, enslavement and lack of freedom. We provide solutions to these problems, so spend some time with us to find out more about how to be truly unconstrained
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