4 Ways to Achieve Financial Freedom

Everyone yearns for financial freedom, which supports you to do what you are interested in and realize what you think is an ideal life. How can you achieve it? This article explains four ways to achieve financial freedom and hopes it will be helpful to you.

Hello, fellow villagers. I am the village chief.

Are you all thinking about making a lot of money?

I fantasize about working in a big factory, doing live broadcasts, buying lottery tickets, etc., and then achieving financial freedom.

Today, the village chief would like to talk to you about his own experience and what are the ways for an ordinary person to make a lot of money.

1. Work in a big company until you can no longer work there

If you want to make big money, you have to find a way to work in a big company.

For an ordinary person working for an ordinary company, a monthly salary of 10,000 yuan is already very good, and it is considered a high salary if working in a small city.

But people with the same level and the same position who go to BAT will earn at least 150,000 yuan.

Free cafeteria, public transportation, taxis, housing allowance, 14th and 16th salaries, stocks, etc.

For those with a little more qualifications, or those who have returned from abroad and have a background in a large company, the total package fee starts at at least 500,000 or 1 million.

If you work in such a large company for three to five years, you can indeed save two million in cash.

Just imagine, for an office worker in a fourth or fifth tier city who earns 5,000 yuan a month, after deducting expenses, how long would it take to save 1 million yuan?

I have met many people around me who came from Alibaba and have worked there for a long time.

A friend of mine went to Alibaba the second year after graduation, with a salary of 20,000 to 80,000 yuan. Now he has been working there for 6 years, and his basic salary is over 500,000 yuan, not including other parts.

2. Possess unique skills and work in a traditional small factory until old age

Do you have to go to a big company? Not necessarily.

It’s just that the salary in big companies will be a little higher, but if you have unique skills, you can still make money even if you are ranked fifth or sixth in the industry.

For example, the village chief used to work in the home appliance industry. If you went to the sixth or seventh position in the industry to work as an engineer, product director, etc., it was very common to earn three to five hundred thousand yuan a year. The key is that the expenditure is low and very stable.

The factory has a canteen, dormitories, and shuttle buses, and it doesn't cost much money on a normal basis. If you work in such a company for four or five years, you can save 1 million.

Of course, the longer the time, the more popular it will be. I know many friends who are engaged in technical research and development in the real industry. Later, they became factory managers, chief engineers, etc., and their annual salary is more than 500,000.

When I just graduated, the director, director and VP of my department had been working there for more than ten years and had bought several houses.

Therefore, in this kind of old brand factory, if you have some skills or are good at sales, it is a very safe way to save money and work there until retirement.

The older the brand, the more employees there are who have worked there for more than 10 or 20 years.

3. Cashing out options when the company successfully goes public

Although I have not yet obtained options or stocks from a listed company, I have experienced the monetization of original shares.

My wife worked at Alibaba for a few years and made her initial fortune from stocks.

In addition, some friends and bosses I have met have held stocks in Baidu, Alibaba, and Tencent. Many of them have cashed in tens of millions and bought several houses.

The luckiest friend of mine joined a company in 2016, and the company was listed on the US stock market in 2019. At that time, he was just a fresh graduate, but in just three years his income exceeded that of many ordinary people in five or even ten years.

This requires luck, courage, and more importantly, patience.

4. Earn more and spend more, control your consumption desire

The above three ways to make big money are slightly more reliable, and are not those crooked ways, such as cryptocurrency speculation, etc.

But the essence of this is still working, and the accumulation of wealth for most ordinary people, or the first million, starts from working.

Some are lucky and can work for three to five years, while others may need more than ten years.

However, high salary does not mean high savings, especially when you see some people working in large factories.

The annual salary is four to five hundred thousand or even one million, but the more you earn, the more you spend.

For many people, when their salary reaches three or five hundred thousand, they will think about buying a bigger house, a better car, eating better food, and traveling to farther places.

Desire consumption determines the amount of a person's savings.

This is also why some people who earn 15,000 yuan a month in big cities do not have as much savings as those who earn 5,000 or 6,000 yuan a month in small cities.

Because many people in small cities have pitifully low mortgages or even no mortgage at all, three meals a day are almost always prepared at home, and they only go out to eat occasionally.

But in Hangzhou, considering all kinds of expenses including mortgage, rent, car loan, transportation, etc., a salary of 15,000 yuan may only be 13,000 or 14,000 yuan. After deducting various loans, the actual amount left for spending is only 7,000 to 8,000 yuan.

5. Entrepreneurship is the only way for most people to achieve financial freedom

Many people would say, I have seen many people working and earning tens of millions a year.

Look at Zhang Yong of Alibaba, isn't he a working emperor? His stocks are worth tens of billions.

I hope you will think about this: if Zhang Yong had not done things with an entrepreneurial mindset, and if e-commerce had not just emerged, he would not have had the opportunity to obtain such a generous return.

So whether you start your own business or start a business within a company, only by starting your own business can you have the opportunity to obtain huge financial returns.

If you join a big company now, there is almost no chance for ordinary people to make big money.

The larger and more mature a company is, the fewer opportunities ordinary people have, and the classes have long been solidified.

The return rate is even lower than that of an ordinary person setting up a stall or opening a small restaurant.

6. Be brave and start a business

If you want to make a lot of money, I would strongly encourage you to start a business.

Of course, this is not blind, but we encourage you to do it based on the premise that you have certain skills, cognition, and risk tolerance.

If you want to start a business, I divide it into three types:

The first is physical entrepreneurship , which mainly takes the form of opening offline clothing stores, beauty salons, restaurants, and the production, processing and manufacturing of various products.

The second is skill-based entrepreneurship , whether you open a barber shop, a repair shop, or do course training, psychological counseling, product design, IP creation, etc.

The third is e-commerce entrepreneurship , from self-media to live streaming, mainly in the form of opening online stores such as Taobao, Douyin, Kuaishou, and overseas.

As for what specific products to sell, this depends on what you are good at, what you have observed, what users need, and what is currently popular.

But one thing must always be remembered that when ordinary people start a business, they must have low costs, high cash flow, and quick verification, and reduce all work that requires a lot of manpower, material resources, and financial resources.

Author: Village Chief, WeChat public account: Shili Village