Salary work for 12 years and no sign of financial freedom. What next?

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This is a true life experience of a friend. He is a professional accountant and has been earning a decent pay working for an organization and according to him, this is 12 years in that role and his financial standing has only increased a little from when he started 12 years ago. No significant savings and no sign of financial freedom. He just can live comfortably. What would you advise in this situation?
 
Well, as he can live comfortably, in my opinion he doesn't need to complain. If he doesn't risk to get broken, I think it's enough to be happy.
Living comfortably doesn't make anyone have any real impact on this world. Some people are ambitious and want to make money more than live comfortably.
 
Having a fixed salary does not actually guarantee living a life of financial freedom. If you really want to be financially free, you need to have extra sources of income.
 
Living comfortably doesn't make anyone have any real impact on this world. Some people are ambitious and want to make money more than live comfortably.
Not an easy thing at all, if you don't come from a socially well connected family. Quite impossible (OK, quite) if one's family is a slums inhabitant. It looks like since the upper classes realized that simple workmen's families became medium class during the economic boom, they are trying by any means to stop such a phenomenon, destroying the medium class (a colleague of mine in Quora says how multinationals owners manipulate the politicians to produce more and more tax laws and bureaucratic paths to hinder the improving of the small and medium entrepreneurs). We need to be aware of such a dirtiness between the highest levels (they are hindering even the simplest comfortable life) to tackle such a mishap successfully.
 
Having a fixed salary does not actually guarantee living a life of financial freedom. If you really want to be financially free, you need to have extra sources of income.
That's actually true. Inflation would keep happening at the rate that is higher than a person's salary increase. And you can't have financial freedom with that.
 
In most countries salary should be enough to pay all the expenses. Only in the internet sector, owning domains is extremely risky, because it is very difficult to make money and government employees do not pay domain renewal expenses, falsely claim to own them and get a monthly government salary.
 
I think your friend has not had good habits in terms of investing and saving, that is why he has no signs of financial freedom, I guess he has also been a person who has not thought much about his expenses or has had debts frequently.
 
That's actually true. Inflation would keep happening at the rate that is higher than a person's salary increase. And you can't have financial freedom with that.
Exactly, I went for a seminar some time back and one of the speakers said no employer will every pay you your true worth, so which means if you are being paid a million dollars, you are helping the company earn way more than that
 
Even if he is a professional accountant who earns a decent salary or more than enough to cover his daily living expenses, we cannot measure the signs of financial freedom only in terms of income, we also have to evaluate his expenses, whether he has a family, whether he has to pay for his younger siblings' college education, whether he has been living extravagantly, etc.
 
Exactly, I went for a seminar some time back and one of the speakers said no employer will every pay you your true worth, so which means if you are being paid a million dollars, you are helping the company earn way more than that
This is really insightful. Most employers would just pay you something that you are worth double of. And make you feel they are doing you a favour. Financial freedom can't hardly be achieved with a job.
 
This is really insightful. Most employers would just pay you something that you are worth double of. And make you feel they are doing you a favour. Financial freedom can't hardly be achieved with a job.
Exactly, they would make you feel like you are begging them, it's best to startup a business of your own the way I see it.
 
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