Why I Didnt Achieve Financial Freedom Through Investing in Property

Published: Dec. 4, 2018, 8 p.m.

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\\\\/why-i-didnt-achieve-financial-freedom-through-investing-in-property\\\\/#arve-youtube-g7spgokfsl8659a0b2cd7868085943723","type":"VideoObject","embedURL":"https:\\\\/\\\\/www.youtube-nocookie.com\\\\/embed\\\\/g7SPgOkFsL8?feature=oembed&iv_load_policy=3&modestbranding=1&rel=0&autohide=1&playsinline=0&autoplay=0"}\\n\\n\\n\\n\\n\\nA lot of people were interested to know why I didn\'t achieve financial freedom through investing in property, but instead achieved it through my businesses.\\n\\n0:00 - Introduction\\n0:26 - When I started out I thought property would be my way of achieving financial freedom\\n1:15 - My Dad\'s attitude towards life may have had a big impact\\n2:58 - Lending issues held me back from buying property multiple times\\n3:35 - I found a shortcut to achieve financial freedom\\n4:57 - Now that I\'m not financially free anymore what is my plan?\\n6:26 - Climbing the corporate ladder didn\'t work for me\\n7:20 - I saw another path to financial freedom\\n7:50 - Property is a great way to financial freedom, but it\'s not the only way\\n\\nRecommended Videos\\n\\nHow I Achieved Financial Freedom at 28 - https://www.youtube.com/watch?v=FmrwiK3Itnw\\nWhat Financial Freedom Feels Like - https://www.youtube.com/watch?v=xVzvDkMpZ3k\\nTranscription:\\nA lot of you were interested to know why I didn\'t achieve financial freedom through investing in property and why it actually achieved it through creating my own businesses instead. This is something that came out of the episode that I did on how I achieve financial freedom at 28. I\'ll leave the links to that in the description down below, but yeah, a lot of people were curious as to why didn\'t I achieve financial freedom through property and to be honest, when I started out on this journey, I did think that property would be the way to get me towards financial freedom. When I was 16, I was rating property, books and magazines. I was fascinated with property primarily for this idea of passive income and positive cashflow so that I could achieve financial freedom. I had the goal of being financially free by 30, which I did achieve the.\\n\\nNow I\'m 30. I\'m again not financially free because expenses have gone up and business income has gone down, so maybe I didn\'t achieve my goal after all on back on the grind at the moment, but I always thought that property would be the way that I would achieve financial freedom. I was always certain of that, but I think I got a bit of my dad\'s blood in me, so my dad has worked one day a week basically for the last 30 years. He works as a journalist and he was working full time on track to become an editor of a newspaper. My parents had their first child, which is my sister Sarah, and my mom who\'s quite an intellectual woman, decided that she didn\'t want to be a stay at home mom, so my parents talked about it and my dad decided that he would be a stay at home dad.\\n\\nHe decided to move down to one day a week. My mum went back to work full time, but dad\'s worked one maybe two days a week for most of his life and he\'s a very happy and relaxed person. He was never. His goals would never to be extremely rich, but he was always extremely loving and caring and things like that, and I think that kind of rubbed off on me in the fact that my life, I\'ve never had ambitions to be extremely rich, had ambitions to be a millionaire. I\'ve had ambitions to be financially free, but I\'ve never really had ambitions to be exuberantly wealthy. To be someone who just drives those fancy cars who owns those mansions, who has the businesses worth a billion dollars, etc. That\'s never been my goal, has always been my goal to pursue things that I\'m passionate about, to achieve financial freedom so I can do what I want with my time, but when I achieved that, I didn\'t stretch and I didn\'t try for more.'