Financial Freedom.

Worry is worrisome. As someone who is obsessed with the brain, I hate anxiety in any form. After understanding what worry does to the brain, I don’t want it anywhere in my life. So my intent is not being financially free but actually worry free about money. To keep our brains hale and healthy, financial freedom as a path helps.

I look at it from that perspective and hence i warned you in the introductory message, all that is said here comes from personal experience and I may be against some finance theories and model. So be it!

So i wanted to find the formula for financial freedom that will keep me worry free. A simple understandable formula. The answer is 400X, X=monthly spend. The question that i asked is, how much money should I have to not think about money and survival this life time. That took me to a place where I have never been. The day you want to declare financial freedom, take your monthly expenses of that month and multiply by 400.

If my monthly spend is about one lakh INR, then I need about 4 crores to call it a financially free life provided I don’t have any debts whatsoever. Your 4 crores can exist in any form which is liquefiable within 100 days. The derivation of this formula is deep and off a newsletter like this but that is the number you need to not worry about money. As a full home, my numbers were looming around 10 Crores with two growing children and ageing parents.

Think about that number for you today and start working backwards. We’ll talk greed tomorrow 🤑

🥂to worry free money!