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Level 3 of the 7 Levels of Financial Freedom: Understanding Liquidity in Your Assets
Manage episode 425856969 series 3495003
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In this episode of the Tactical Empire podcast, Jeff Smith and Shawn Rider delve into the third level of financial freedom: liquidity. The discussion covers various sources of liquidity, including savings, equities, home equity lines of credit, and unconventional assets. They emphasize the importance of understanding one's full financial picture and recognizing potential cash sources to support investments and financial growth. The episode also provides practical advice on how to strategically leverage assets and access capital, while highlighting the need for careful financial planning and consulting with accountants or financial advisors.
Chapters:
- 00:00 Introduction to Tactical Empire
- 00:34 Meet Shawn Rider: The Pickleball Enthusiast
- 01:11 The Pickleball Craze: A Discussion
- 03:39 Introduction to Financial Freedom Levels
- 03:57 Level 1 and Level 2 Recap
- 04:41 Understanding Level 3: Liquidity
- 05:11 Strategies for Accessing Cash
- 07:53 Leveraging Assets for Financial Growth
- 13:50 Personal Experiences and Advice
- 21:14 Final Thoughts and Advice
You can connect with Shawn Rider on Facebook and Instagram.
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