💵Journey to Financial Freedom | Debt free by 2020| Our 5 step plan

💵Journey to Financial Freedom | Debt free by 2020| Our 5 step plan

For us, financial freedom would mean that we would go where and when we please and that we would secure multiple sources of passive income. In this video, we talk about the five steps that we plan to take towards our long-term goal of financial freedom. Background We went to college and together we racked up $60,000 in student loan debt on the way to graduation. We are 4 & 6 years out of undergrad, and haven't paid off much of our principal balance so the original amount has gone up almost 10% to $65,000. We hope to pay the balance of these loans within the next 20-months, at an average rate of $3,000/month so that we can decrease our monthly expenses and make moves towards financial freedom (some of our ideas about financial freedom include: homeownership, the generation of passive income, positive net-worth, growing investment portfolio). Our goal is to be debt free by 2020! Stay tuned for updates on our journey. We plan to upload 1 video/day for each day in January. Here is our preliminary schedule: 🎨Sunday: Art time lapse w/JMM 💑 Monday: Q&A with the Mitchells 🎤Tuesday: Nico Covers 💵 Wednesday: Finances ✏️ Thursday: Sketch with Jahlil 📜Friday: Storytime w/ Nico -Nicolil