If You Want Financial Independence, Here’s What You Do

Updated: June 9, 2023

Do you want to achieve financial independence? Of course, you do.

Unfortunately, because most of us didn’t learn this in school or were not taught to us at home, we grew up to be financially uneducated. And do this…


This is what living in the rat race looks like. And a lot of people are trapped in this way of life. Not because they want to, but because they don’t know how to get out of it.

Are you trapped in this way of life? Then here’s what you need to do…


You need to be financially smart. This means you need to spend less on your “wants” and funnel that income toward savings and investments.

Compare the two illustrations above, and you’ll see that it’s not such a complicated matter. You just need to get into the habit of saving and investing while spending less on “wants” for now.

Because as your savings increase and as your investments start to grow. They’ll eventually create money for you – money that will work for you.

It will create a self-sustaining cycle that will allow you to go out of the rat race and be financially independent…


Interestingly, all this happens automatically. Yes, you don’t really have to do anything.

When you are financially smart… financial independence eventually comes.

This means all the hard work is just at the beginning – to change from being financially uneducated to becoming financially smart.

And the first step is to learn how to save and start investing in knowledge.

What to do next: Click here to start your financial journey with IMG Wealth Academy


  1. How did you create the graphics? They look really nice.

    As always great post Fitz.

    And may I add also that in order to have enough for needs and for savings&investments, we must learn to find means to increase our sources of income – do not just rely on our job income which is often just enough for our needs.

    At the start, we work doubly hard to increase our income not so we can afford our wants but so we can save and invest more. And eventually, by being a hardworking financially smart person, we eventually get out of the rat race.

  2. […] 2. If You Want Financial Independence, Here’s What You Do […]

  3. In a nutshell, the “Income” of rich people is used to buy more “Assets” to generate more money for “Needs” and “Wants”

    Poor people’s “Income” is used to buy “Needs” ans “Wants” directly


  4. Sir Fitz, I know it but then since 2009. Why cant put it into action? Siguro hindi ko lang na recognize I tried saving after sometimes I spend it all. I do re focus until today. What should I. Now we do selling land thinking the money we get for building small rental house. And still when it came priority change. We do not have daily income actually. Iam right NOW doing farming and stiill strugling for a living. Hope to share or even help me to overcome this kind of sickness I do have. IBELIEVE you can help and guide me tiii I have that freedom. Thank you Sir.

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