Date: 2019-09-26 06:14:13
Learn How to Calculate your FREEDOM NUMBER (FIRE number) using the 4% RULE for Financial Independence UK 🙂 ♥. Doing this gives you some peace around what exactly you are aiming for and your savings goal. It also helps you answer the question – When can I retire?
Every £100 per month that you reduce from you monthly spend, leads to needing £30k less for your Financial Independence. More in the video.
★★ WHAT TO WATCH NEXT ★★
How We SAVE 60% of Our Income for FINANCIAL INDEPENDENCE | UK – https://www.youtube.com/watch?v=MAC5HrmYsj4&t=1s
BBC Inside Out Film – Can You Achieve Financial Independence & Retire by 40? – https://www.youtube.com/watch?v=qC7Igt968QU
Our 12 Multiple Streams of Income UK – https://www.youtube.com/watch?v=QHnlo0l8YdM
How We PAID OFF Our Mortgage in 7 Years – https://www.youtube.com/watch?v=0_aWbccuZiw&t=1268s
How We Live Well On A £50/Week Food Budget for 4 – https://www.youtube.com/watch?v=iwNP4ax4ttM
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★★ LINKS MENTIONED IN THE VIDEO ★★
(01:22) – BUDGET FOR LIFE – https://www.financialjoyacademy.com/courses/budget-for-life
(02:29) – FREEDOM NUMBER CALCULATOR – Updating
(09:30) – Compound Interest Calculator – https://thehumblepenny.com/compound-interest-calculator
★★ EQUIPMENT USED ★★
Canon EOS M50 Camera – https://amzn.to/2zcz1K0
Canon 5D Mark II Camera – https://amzn.to/2xRF1XD
Canon EF 24 – 70mm F2.8L Lens – https://amzn.to/2lFwdRQ
Canon EF 50mm F1.4L Lens – https://amzn.to/2lF6Sr9
Manfrotto Tripod – https://amzn.to/2YC3Sto
Apple iMac 2019 – https://amzn.to/2lEXNyz
Rode Microphone – https://amzn.to/2lFs0O2
★★ ABOUT US ★★
I’m married to Ken and we have two boys aged 6 and 4. I’m a Londoner, born in Hackney! 🙂
Day to day, I run the operations of The Humble Penny as a creative – doing everything from marketing to video editing. I studied Multi-media design and technology at Uni.
When I’m not creating, I love vegan food, travelling, working out and doing some outdoor fun things with my husband and kids 🙂
I’m a husband, dad, and a First-Generation Immigrant to the UK. I started life poor in the UK and I’ve spent the last 20 years on a steep journey of Personal Development.
CFO by day with over 12 years experience in the investment business. I’m also a Chartered Accountant and hold an MBA from Cambridge University.
To explore my creativity, I’m a blogger and YouTuber by night. I create from my experiences as a family man and entrepreneur.
I have a passion for all things Financial Education, Business and Personal Development. I also love Photography, Music, Travel, and Sport.
We became Financially Independent aged 34 and our story has been featured on the BBC, Mail Online, Channel 5, Metro, etc.
We share content to inspire and teach others how to achieve Financial Independence and Freedom too 🙂
★★ WANNA CONNECT? ★★
Blog – https://thehumblepenny.com
Insta – https://www.instagram.com/thehumblepenny
Twitter – https://twitter.com/thehumblepenny
Facebook – https://www.facebook.com/thehumblepenny/
Email – Ken@thehumblepenny.com
★★ OUR ONLINE SCHOOL ★★
Visit our online school at Financial Joy Academy for Video Courses:
★★ About this video ★★
How much money is enough for you?, What is your freedom number?, FIRE number, Financial Independence Retire Early, Early Retirement, How to calculate your freedom number, Work out your financial freedom savings goal, How to calculate your Financial Freedom Exact Number, Financial Freedom, Financial Independence UK, The Freedom Number, How much money do you need?, Financial Freedom number for real people, how 4 numbers lead to financial security & freedom, finding your freedom number 2019, When can I retire?, 4% Rule, 4 Percent Rule, The Humble Penny.
Massive thanks for watching and following our channel 🙂 ♥
Best, Mary and Ken Okoroafor
DISCLAIMER: We are NOT Financial Advisers and do NOT offer Financial Advice. We create these videos for education and entertainment purposes.
AFFILIATE DISCLAIMER: For FULL Transparency, some links above or in this video may be Affiliate Links. This means that we might receive a commission if you purchase through our affiliate links.
#financialfreedom #financialindependence #whencanIretire