Freedom over Ferraris
b'ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode\\n\\n\\n\\n\\n\\n\\n\\n\\n{"@context":"http:\\\\/\\\\/schema.org\\\\/","@id":"https:\\\\/\\\\/onproperty.com.au\\\\/freedom-over-ferraris\\\\/#arve-youtube-anyjlrlrqya659a0b2cd001f718181687","type":"VideoObject","embedURL":"https:\\\\/\\\\/www.youtube-nocookie.com\\\\/embed\\\\/anyjlrlRQYA?feature=oembed&iv_load_policy=3&modestbranding=1&rel=0&autohide=1&playsinline=0&autoplay=0"}\\n\\n\\n\\n\\n\\nYou don\'t need a Ferrari to be happy. In fact there\'s a good chance having a base level of financial freedom and being able to do what you want with your time will make you happier than Ferraris and mansions.\\nFind Positive Cash Flow Properties - https://onproperty.com.au/find/\\n\\n0:00 - When I was 18 I thought I was going to make $1,000,000 in that year\\n0:40 - My kids are super noisy, but they are having so much fun\\n1:20 - A lot of us believe we need lots of money in order to be happy\\n2:40 - If money doesn\'t make us happy what does make us happy?\\n3:20 - #1: Relationships\\n4:00 - #2: Time to do what you want\\n4:30 - What will make you happier...a car or a holiday?\\n5:50 - #3: Reflection and Gratitude\\n7:07 - #4: Exercise\\n8:02 - #5: Fun and Experiences\\n9:27 - A challenge to you to choose Freedom over Ferraris\\n10:24 - What if you waste your entire life pursuing something that doesn\'t make you happy?\\n12:00 - I\'m working hard for something that will make me happy\\n\\nRecommended Videos\\nWhat it feels like to be financially free\\nHow I achieved financial freedom at 28\\nTranscription:\\nWhen I was 18, I set the goal to make a million dollars in that year and I thought I was going to start these crazy businesses that we\'re going to make me feel theat rich, but the whole idea that being rich makes you happy isn\'t necessarily true, and what I found through my life and through achieving a level of financial freedom through my businesses is that freedom is more important to your happiness Ferrari\'s. So in this episode I want to talk about this concept of freedom over Ferrari\'s. Start to challenge you about what you actually want in your life and get you thinking about whether you want to pursue that excessive wealth and if you actually need that. If you can hear in the background. My kids are super noisy. They are playing at the river here in Noosa, which is an absolutely epic spot and I absolutely love that.\\n\\nMy work gives me the freedom to do this. That we could come here. I\'ve had my kids from about 3:00 today. We came here called subway on the way for dinner and we\'re just chilling out watching the sunset and really just enjoying our time here and that\'s what\'s got me thinking about this this moment and stuff like this adds more happiness to my life than some brand new car would, so a lot of us believe that money really makes us happy that in order to be happy, we need to be extremely successful. We see people driving the fancy cars going in helicopters living in mansions, and we think that those people are going to be extremely happy and that more money equals more happiness. But if we look at the psychological studies on this, we can see that that\'s not true, that yes, money adds to your happiness up to a certain point.\\n\\nIf you\'re completely poor, you can\'t pay for your bills. If you can\'t pay for good food, he can\'t pay for health cover. If you have all of these issues, if you\'re stressed about that, then obviously that\'s going to take away from your happiness and so being poor versus being well off. There is a difference in happiness, but what they found through the studies was that money makes you happier up to a point, and that point was around 75,000 US dollars per year. It\'s probably around $100,000. Australia in this study was done quite a few years ago now, so it might be a little bit more than that now rather than just a hundred thousand. But it was just really interesting to say that yes, there\'s a correlation between money and happiness, but only up to a point and that point wasn\'t Fe...'