00:00Unpopular opinion, investing in dividends
00:02will not get you to financial freedom.
00:04If you invest $10,000 today and you get a 5% dividend,
00:08that's only $500 per year.
00:10You're not living off of that $500.
00:12You need to both increase that income
00:14and also decrease your expenses.
00:16As soon as you can replace all of your monthly bills
00:18with passive income,
00:19that's when you've hit that financial freedom.
00:21The quickest way to get you there
00:22is to start a side hustle,
00:24and then also increase your skills and abilities
00:26through education and books, maybe YouTube,
00:28different blogs, and then use that to level up at your job
00:31or start an actual business.
00:33Watch that income multiply in no time.
00:35You need to then take all that money
00:37and be able to invest it.
00:38Once you have enough to put in,
00:40that's when you can start living off dividends,
00:42which brings you that financial freedom.
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