Why You Better Know Your Red Square From Your Times Square if You want to be Financially Free

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A must know for all Wealth Chef’s!

There is a big difference between Moscow and New York AND surprising  many similarities!

Consider Moscow’s Red Square and St Basil’s Cathedral to New York’s Times Square

Few places in the world bear the weight of history to the extent that Moscow’s Red Square does and today it remains the heart and soul of Russia. From the 16th Century St. Basil’s Cathedral – one of the most famous pieces of architecture in the world – to the constructivist pyramid of Lenin’s Mausoleum, Red Square is rich in symbols of Russia’s turbulent and intriguing past.

Although it’s known to everyone as St. Basil’s, this legendary Cathedral is officially called “The Cathedral of the Intercession of the Virgin by the Moat”.  Completed in 1560, its construction was ordered by Ivan the Terrible to mark the 1552 capture of Kazan from Mongol forces. That’s pretty much all the genuine history that’s known about this celebrated landmark.

Colloquially known as “The Crossroads of the World” and “The Great White Way,” NYC’s Times Square is by comparison but a puppy having been a popular NY attraction for just over a century. Yet like Moscow’s Red Square it too represents the heart and soul of a nation as the curved seven-story NASDAQ sign report the fortunes and misfortunes of the US financial markets.

Formerly known as Longacre Square, Times Square acquired its name in 1904 when Albert Ochs, publisher of the New York Times, moved the newspaper’s operations to the newly built skyscraper “Times Building”. Today Times Square is home to modern day places of worship such the Broadway Theater district, the Naked Cowboy, ABC’s Times Square Studios, and Planet Hollywood and more than a third of a million people pass through iconic Times Square NYC every day!

“Fascinating Ann! But what does this have to do with my financial freedom?”

Despite their similarities, these two Squares are in two very different places and if you’re about to set off to visit one of them, you had better know which one your headed to so you can plan your trip.

Creating your financial freedom is just the same and you have to know your destination if you hope to ever reach it. That starts with understanding what WEALTHY  is for you and then knowing how to translate that into real “money” requirements so you can make a plan to get yourself there.

This is what this video is all about.

Go watch the video >>> HOW TO CALCULATE YOUR FINANCIAL FREEDOM NUMBER

To be clear…

You are Financially Free when you have a big enough pot of assets that earn you the income you need to live the lifestyle you want without you having to work.

If you work, you work by choice not by necessity. SCHWEEEET!

So in language you now understand, this is when your NET WORTH – your assets less your liabilities – is big enough to give you income that exceeds your expenses. It is as simple as that.

By following the instructions in the video you have worked out the size of the asset pot you need to be financially free.  Celebrate, you are now part of a very small exclusive club that actually knows what they are are aiming for financially.

Your unique Financial Freedom number may be a bit shocking. If you are suddenly feeling a bit weak at the size of the number… Breath Deeply. It is easier to achieve than you may think.

Don’t worry about the HOW YOU DO THIS just yet, we cover all that in Financial Freedom University. Now is a great opportunity for you to notice some of your stuff around money.  What thoughts popped into your head when you saw the number? Was there a feeling in your body? Notice those things, as they are a great indicator to you about some of your money beliefs.

AND I’d love to hear from you.

How does knowing your unique Financial Freedom Number make you feel and what is your next step towards achieving it? Tell us about it in the comments below.

Remember to share as much detail as possible as thousands of Wealth Chef’s in the making come here each week for juicy wealth snacks, insight and inspiration as they create their juicy financially free lives too.

Your ideas and shares may trigger someone to have a big breakthrough.

Thanks as always for reading, watching and sharing so generously and for choosing to master this key ingredient money and live your un-limited life.

With huge love

TWC_Ann_Signature_spaced

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11 Comments

  • Nic says:

    Hi Ann, I love the example as it was my exact FF Number! $,1500,000 – that’s me! $10,000 a month is perfect.. now to get it done 🙂 Thanks

  • Megan says:

    Oh my word……. I had to force myself to breath…… but true it’s better knowing your destination than trying to follow a plan to nowhere. Thank you Ann. I have my number, and my destination, now i can start building the right type of foundation.

  • Johanna says:

    My name is Johanna.I am overwhelmed with the very,very good and informative information.

  • Este Jansen says:

    Hi Ann – what a scary but liberating process. Thank you! My FF number is R4,5 million. It is good to know what you exactly have to be aiming for and not just be shooting in the dark. Now I also have to trust to process!

  • Mpumi says:

    Hi Ann Thank you so much, for teaching how to calculate my financial freedom number. It was exciting yet overwhelming since I didn’t know where on earth I’ll get R7m, but I trust the process. Thanks and kind regards

  • Danny Jelinek says:

    Hi Ann, Thanks for the video it is great simple and gives you a good indication, but there is one thing you left out and that is the tax you have to pay on your income which increases your monthly expenditure obviously again depending on your monthly expenditure, you could land up paying no tax or up to 40% of that monthly expenditure amount, depending what the amount is? Just a comment! Kind Regards, Danny Jelinek 😮

  • Kim says:

    it feels useful to KNOW what I am aiming for but scarey considering where I am starting from..age 53 newly divorced with no financial assets and older kids still to educate !!!

  • Kathryn Henderson says:

    This was probably the most eye-opening part of financial freedom. I love knowing what I need to be able to make this all happen.

  • Deb says:

    Gosh! That was scary! But what an invaluable piece of information. Thank you!

  • Kath Mann says:

    trying to understand , am basing on my lifestyle right now but with a mortgage? or do I incorporate the price of what i owe on mortgage as if I have paid it off? only paying interest of mortgage at the mo…getting confused…numbers do this to me but I really want to get it!! I estimate my FF number as things stand at mo with mortgage repayment etc as £312,500

  • Andrea says:

    I’ve done two numbers, one with my basic current lifestyle and one with the extras I’d love to encorporate. I’m doing quite well and looking forward to accelerating my way to financial freedom.

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