what is Financial Independence and can you really achieve it?

ABOUT THIS EPISODE

How can you know if you are financially independent? What does that mean anyway? Financial Expert and #1 Amazon Bestselling Author John Browning answers those questions on this episode. 

Welcome to the build your life podcast with John Browning. Build your life as a relaxed and unedited conversation with financial expert and number one Amazon bestselling author, John Browning Jones the founder of Guardian rock wealth and serves clients across the United States. John's the author of the book build a life, not a portfolio, a guide to your financial future based on your personal values, which you can purchase on Amazon, or stay around to the end of today's show and I'll tell you how to get a free copy mailed right to your door. I'm Michael The lawn, your host for the next few minutes as we chat with financial expert and business owner John Browning. Well, hello, John Browning. How's your day going today, sir? It's going the fantastic. The Sun is shining. It's starting to warm up a little bit here, which is nice. It is nice. You know, it's crazy, I you know. As you know, I live in a little rock right and so...

...three weeks ago I had to leave to be able good down to Orlando. When I left it was minus one and we had snow on the ground. Three weeks later it was it's seventy two, sunshine. It's just amazing. Spring is sprawn. It's ready. That's right, and I'm ready. I am ready as well. So, Hey, I want to talk. Last time we talked about mistakes that people are making and one of the one of the questions I've always had done because I hear this term all the time the people throw out, and that's the term about being financially independent. Oh yeah, and and so I've always wanted to be there. I'm my question is, what does that really mean to be financially independent? Right, it's probably maybe not that direct question, but but some something similar that really means the same thing. I get asked that quite often. I actually talk a bit about it in the book build a life, not a portfolio, and it's on page thirty three and it's called the snowflake theory and many people probably heard...

...that analogy before. Is that? Frankly, it's a different answer for everyone, right, as we all come from different backgrounds, we've had different life experiences. They give us different perspective on what de living a life we love really is. So there's a common concept out there that says you should know your number. Right, yes, and speaking of knowing a number that will support you in retirement. There's a lot of what if is along the way and what's your number in retirement, because there's a possibility maybe we won't get there. Living Your Life until you get there is really, really important, and so we don't want to lose sight of that. So is theyre going to you know, is there a health issue? Is there a family member issue, or what if someone or something that you are extremely passionate about needs...

...your health financially or time wise, they happen along the journey that can give us a detour on our road map. If you work with me, you're going to have a road map as how you're going to get there, but there's almost always going to be a detour here and there. So being financially independent is not so much about that particular number. It's about having the ability and flexibility to do what you want or what you need at any given time. And I would say that this idea of financial independence is kind of a misnomer. I mean, there's no amount of money, unless you're Michael Jordan or or you know, name another one, maybe Bill Gates or Jeff Bezo's Elon Musk maybe, although elon must can spend it as fast as he may, but but there's really I mean unless you're there, I mean you know...

...there are things that can derail just about any amount of money. So you know, just yeah, I'm not saying that to scare people, I'm just saying keep wedding mind. Yeah, and it is a misnomer because we always think when we think financially depends, we think of those guys, right, yeah, and I've got a neighbor across the street. It runs a small company himself. His wife is a nurse at a school. She's retiring in another year and she's going to have a penchant for life and he's got his retirement set up. And you talk to them, they're financially independent. They've got everything, no debt, they got enough money for the rest of their life. Their set. They are financially independent. They don't have that billions of dollars. Right, right, it's really that's right. You don't and that's that's a big misnomer, right, is that? You know, I have to have a million dollars. Right, I have to have five million dollars. You know, in my experience in most areas of the country,...

...having a million dollars is probably that's going to be tough for most people. And what how most people want to live their lives. But having five million dollars for most people, again, this is not funny. Independent financial advice never isn't. We do these because that takes a one on one conversation. But for most people, you know, having five million dollars might be kind of too much, unless you really want to build a legacy, which some people do right. Maybe you build a legacy that one for a cause or your family members or something like that. Yeah, well, and having too much money. We've done episodes on this and that's when the relatives come and knocking and there can be more problems in the family because you got more money. So that's not always this solution, it's not always the answer. Right the threat. How do you navigate? How do you navigate those waters? Will you have a guy like John and you just need to go back to that episode, The podcast episode we talked about when the family comes in knocking,...

...because it's nice to have somebody like John in your corner, who John can be the bad guy, the good cop, bad coup thing, and he can tell them no and you just kind of relinquish control to him say well, you need to go talk to John and that's just one element. So we've that's funny podcast on hitting us so many topics that the whole people go back and and listen through and look through the archive on the podcast and on your podcast page. You know they can search and find different things because what you're what you're talking about today, is really cool about being financially independent. It's different for each person and that's why it's important that you reach out and talk to John and just have a conversation and built a life that you want to live, because I'm telling you that the life of my neighbors are living is pretty cool because they come and go they please, they go trouble with family, they've got everything they want. They're not, they would tell you they're not super rich. She don't have to be there living the life, and that's really I think. Do they don't seem stressed? Now, I think stress as a money pressing of us, don't you think it really...

...is? And it's if you have a lot of debt, that can be extremely stressful. If it really bothers you in the market drops and value, that could be a huge stress. Or so building your portfolio. The right way for you is so incredibly important. That's why we ask our main question is what does money mean to you? And a lot of times what happens is we end up asking because that question maybe to get tripped up on that because it's kind of a weird way to think about things. Sometimes we say, well, what does independence because when the answer they say, well, money means independence, money means freedom, money means flexibility. Well, what does flexibility mean to you? What does independence mean to you? And we go deeper to get to know them so that we better understand how they need to put their portfolios in there together in order to build their best life,...

...not just a portfolio. Yeah, well, and we always want to be about building a life, not just a portfolio, which I think is the name of your book, Right. Your am number one Amazon best selling book that people can get on Amazon, of course on candle as well, but they can reach out to you guarding rock wealth and and get a cop asking for a copy, and you'd melt it out to them because there's just so much, so much information you put in that book on and it really reveals not just information, but it reveals your heart and who you are, and I think that's one of the coolest thing about you is who you are, and that's why I just encourage people reach out and have a conversation guarding rock wealthcom, schedule a call, don't the Zoom, call with your phone, call with you were email. He does all of that, but it's talking about how to be in today's episode. How do we financially independence? Different forever person right, and that's why I on this podcast. Yeah, as John, which is we don't give financial counsel or advice. We're just talking and you can dive deep with John At oneonone when you reach out to him...

...at guarding rock wealthcom and just strike up a conversation, because there's so much to this and John has been doing this for so long. It's just like he's like a fish in water. He just knows it and that's the that's the cool thing, because he'll have questions that you don't even think about, at least I don't. So I appreciate it. Financially Independent, I now have the answer, John. Thank you, you're welcome, and just people know to when the one goal that I have when people give me a call or set up a meeting with me is that I want that. I really do want them to come away with something of Doctor. So that's the phone call means free. You don't pay Anybodey to that. I love to talk to people and I loved at least in a tidbit or two that they didn't know before. So you got value. So I would have the time. It'll be a it'll be a fun conversation and you'll walk away with a with a great perspective, a better understanding of your situation in how to really build...

...a life and not just a portfolio. That's really valuable, John. Thank you, sir, for another great episode of Your podcast. Looking forward to coming back again next week with another superb topic. All right, we'll see you there. All right, but byebye. Money really is a big part of our lives and John Browning can help you and your family learn how to keep money in the proper perspective. It's important, but it's only a tool that could help you build the life that you want. If you like, John Emilie a free copy of his book build a life, not a portfolio. Go to John's website, Guardian rockwealthcom, and click the contact US link and send your request. John Will Mell a copy of his book right to your door absolutely free. Thanks for listening to building your life podcast with John Browning. Be Sure to subscribe to this podcast so each new episode will be sent to you automagically when it's released. Have a terrific day.

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