My steps towards financial independence since 2018
About & Contact
Who am I?
I’m Carlos, a 33 years old PhD, and startup founder. I live in Portugal with my wife.
I always had the mental drive to save money, but never with financial independence in mind. Only at the beginning of 2018, I decided to structure my efforts towards freedom. I began actively searching for new ways to invest my savings in a secure manner and with high yields. This blog tells you all about my path, decisions, and mistakes.
The example of my Father
I learn to save money with my Father. He was a hardworking and honorable Man, entirely committed to supporting his Family. I saw his effort to support my studies and his energy to provide me the opportunity to fly high without financial concerns. My Father is my hero.
The road to Financial Freedom
I face strong limitations regarding my financial freedom, however, I don’t have any doubt that I will be able to achieve this personal goal of becoming financially free. Anyone can reach financial independence. It’s all about the way you wish to live and the costs necessary to sustain such a living standard.
There are many different ways to achieve financial independence, but you always will need to follow these:
Keep a simple lifestyle.
Maximize your income streams.
Save and invest wisely.
My passive income objectives
Passive income is income resulting from cash flow received on a regular basis, requiring minimal to no effort by the recipient to maintain it.
Objective 1: Achieve a 2.000€ per month (this is close to my current day job income);
Objective 2: Achieve a 5.000€ per month (at this level I will be financially free in a comfortable way);
Objective 3: Achieve 10.000€ per month (goal).
Savings & Investment Strategy
You can learn about my savings & investment strategyhere.
All information available on the Savings4Freedom blog is presented with full disclosure and transparency. Here you are able to see all my savings reality from income, investments, failures, and successes. Financial literacy is still one of the most underrated conversations in our society and I wish to contribute to change this reality. By sharing my path and stories I wish that you will be able to improve your own finances.
No information contained on this website constitutes tax, legal, insurance or investment advice. I simply wish to document and share my process to achieve financial freedom.
I’m not associated with any of the investment platforms I use. Everything described here reflects my own experience and my own opinion. The website contains affiliate links. If you click on any links and decide to invest in any of the products or services, I might earn a commission. Sometimes you will receive a small bonus for using my links. I think it’s a win/win situation for everyone.
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