[Music]
people watching my watching my videos
they think
oh dan i find you so motivational i'm
not a motivational guy
i'm not an inspirational guy i'm a skill
guy because i know
skills that's what gives you true
confidence the whole book
is about confidence not confidence
financial confidence what is it
not financial freedom please write it
down financial freedom is
it is
it does not exist i used to believe it
exists it's a myth
it's an illusion not a popular thing to
say but i'm saying it
because i used to believe it it's not
true
when i say the word financial freedom
what picture comes to mind right right a
beach
you're sitting on you're sitting on the
what is it what's it called that's the
swing thing what's it called yes that's
right and then you're drinking your what
yeah okay that's right a b or something
right people think of that's financial
freedom
i did that bought out of my mind
you got sunburned in two days
and you look at the ocean the first day
is cool second ocean you say to yourself
this is stupid
this is boring like it's boring brought
on my mind and i'm like
now i don't look good when i'm like 10.
like like it's all red
and you know your skin pills it's a bad
day i'm like i work hard for this for
what
i don't understand i really don't
understand so let me ask you this
do you have the freedom to go to
different places
if you want to the freedom of mobility
yes
do you have the freedom of speech they
can express your opinions okay
do you have the freedom to create
then you are free so why are we seeking
something that is so elusive when we're
already free oh but then i don't have
enough money
to buy whatever i want to own whatever i
want to travel in the style that i want
to travel i get that that's an income
thing
i'm not talking about that so financial
freedom is an illusion it doesn't exist
and although i know maybe reach that
poor that kiyosaki talks about
when your investments when you have
enough passive income coming in
that exceeds your expense that you're
you're free you've heard that before yes
right you've heard that before that's
what he talks about in the book i think
passive income makes
you lazy i think passive income
it's almost so
poisonous in some way because then let
me ask you this are you guys couple you
okay
married not yet okay all right all right
not gonna go there okay all right okay
so what's your name andrew and what's
your name
rosa andrew so rosa imagine this and
uh rosa andrew comes home and say honey
you know we went together now for how
many years
two years from now on i'm just gonna
have some passive sex
yeah you know i just you're going to do
all the work i'm going to have some
passive sex
right or in health right you go to the
gym and you say i just want to have some
passive health
in what other areas this works
none none
anything worth while you got to have
participate
actively yes andrew hopefully yes
right actively right you know actively
you're engaged right you you put your
heart and soul into it
so so passive income is is a myth right
now just because something is passive
doesn't mean it's permanent so you've
got some passive income coming in
from some online website you're selling
something let's see how long that lasts
three months six months a year you got a
property
producing passive income
you lose a tenant your passive income
suddenly
goes to zero internet goes to negative
right so that's not passive when you
manage your property it takes work
right even airbnb it takes some freaking
work
so forget that concept a much better
concept
it's financial confidence now i'm
talking about something completely
different
if you you get nothing nothing else from
a talk
financial confidence that's the truth
what does it mean
the answer what's the difference
financial confidence versus financial
freedom
financial confidence write it down it's
income
on demand that knowing you have the
confidence the ability
you can go anywhere anything any
industry and you can make money
i don't need a government i don't need a
company i don't need an industry i don't
even need my business
to provide i can provide i make me money
give me nothing nothing take away
everything i have
doesn't matter any business i could go
in i could sell
i could generate revenue it doesn't
matter what it is
i can be selling an app i can be selling
a service i can be selling a product
doesn't matter
see that's true of confidence no one
could take that away from me does that
make sense
so develop that that's the truth the
financial confidence