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“If a man is valuable, his deeds will in some way outlive his life.” -Bill Loftus, Inventor
The Financial Freedom Foundation (F3) is a non-profit organization that teaches people how to create more passive income than their living expenses, so that they can quit living for a job and start dedicating their time and talents to giving back.
Personal financial independence is necessary in order to free up your time. However, financial independence is not the end goal, but rather an initial step, just the beginning step.
We’ll show you how to create $10k/month in passive income, so that you can cover your living expenses and quit your job, and then another $20k/month+ on top of that, so that you can have funds for helping other people. We have the tools to accomplish this, and we’ll show you exactly how to implement them. Money is very scalable, so you can actually get up into the millions, which will happen as your vision for what you want to accomplish increases.
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Question by Mizz G: How do I pick the right master’s degree?
I presently have a bachelor’s degree in communication (double significant with performing arts / theatre), and have been operating as a journalist for a year. It was via my studies and function that i discover that my correct passion is the advancement of culture, which I currently am operating on in the media, but will want to branch out from later.
Being an ethnic minority from a remote rural region in a creating country, my real dream is to someday return to my original homeland and commence businesses that provide jobs that are based in conventional skills but apply them in the production of modern commercial commodities that appeal to urban international markets. I want the business to make a lot of profit, than channel it to offer great quality education and well being care for the employees’ young children and families.
I specially long to engage the young generation to preserve standard wisdom, life skills, folklore and philosohies through education, art, film, and modern technology. So what I genuinely want to do is to put my writing and performing art abilities to use through education. I also intend to preserve my profession as a freelance journalist and branch out to write books and films based on this exotic region. Nevertheless, given that this is a poverty stricken area, that’s not gonna happen unless the community has the indicates to sustainably meet its simple demands (food security, clean water, nutrition, sanitation, and decent housing) and make the cash to supply these. I feel eco-friendly, sustainable companies that make use of the community’s standard abilities and hybrid them with modern day technologies, styles, and advertising and marketing is the answer, so men and women have jobs and also balanced, high top quality lives.
Somebody once told me that in order to ultimately do what I want to do, I should very first begin by performing what I can do, and do it nicely. I’m a writer, a researcher, a showgirl, and learning to be an educator. But there isn’t considerably space for writers in my homeland, unless my writing has a way of putting food on people’s tables, roofs over their heads, clean water in their homes, and jobs that not only provide them cash but also help them keep up with the modern day globe even though keeping in touch with their conventional sense of identity and balance.
I feel that no matter what I study it’ll never ever be enough for this dream, but I do not know where to begin. Not journalism, because I do not want to be “just yet another journalist”. Possibly education, but deep down I know that conventional Western education is not the model that suites the community in my homeland. Agriculture or engineering would be fantastic, except that I do not meet the prerequisites and they are not my passions anyway. Other majors I’ve regarded as incorporate advertising/advertising, brand development, fashion style (my homeland is well recognized for exotic textiles), and green entrepreneurship, but i fear that taking one will mean missing out on the others and falling brief.
A program I have deemed for years in University of Oslo’s “culture, environment and sustainability”. While it’s tuition free of charge, living fees in Norway are really high and I do not qualify for a grant due to the fact I don’t attend an affiliated university in my residence country. It expenses 6 months of my salary in my country to live 1 month in Norway.
I’d be happy to contemplate English language master programs all through North America, Europe, East Asia and Singapore that are most likely to assist me reach my dream. Even though I presently have the equivalent of USD $ 1500 in savings, I’ll most most likely want monetary aid and part-time operating arrangments to assistance myself. If you have suggestions on student societies, study bodies, or work placements that I should look into, they are welcome as nicely.
Thank you 
Thanks for the insight Tom. Nicely, I AM a writer by trade, so no matter what I do in life that’s not going to alter. It’s how I generate sanity, and it just so occurs that I do it nicely sufficient to get paid. My point is that although this is sufficient for me to live nicely in the large city, it’s won’t function like that in my rural hometown since there are other wants far more pressing than good reads, like clean water and wholesome food. I truly do not think in “philanthropy” nearly as considerably as I believe in helping folks aid themselves by providing jobs, enterprise empowerment, and character creating. And the reason why I’m a journalist these days and not a teacher is because I think there is so considerably a lot more to education than lectures within the four walls of the campus. I at the moment educate my readers by writing about current affairs and insights, and occasionally by way of stage productions as well. I believe that studying processes really should be creative, existing, and accessible to all.
I have written down my g
I have written down my goals and decided that writing about my homeland and suggestions to sustainably create it is what I want to do, whilst inviting my countrymen to do the exact same. But these countrymen have requirements that can’t be met simply by writing about them. Besides, every excellent writing really should be inspired by some thing actual, not just gorgeous empty words on paper. So all i want, genuinely, is to make confident the community’s requirements are met as I invite individuals to join me in doing some thing I’m passionate about.
For a society with oral culture, though, other points would mean to them as a lot as writing indicates to me, like folk dancing and textile weaving. And for a society that is operated mostly on a resource-based economy rather than a cash-based economy, totally free access to clean water and food security, as nicely as great education and healthcare, would mean to them a lot more than generous salaries that they may not have the skills to manage.
I recognize that this is a dream that will want to engage others, because it is too massive for me alone. But at least I have to begin somewhere to maximize my capacity, and one way is by picking the proper master program.
Anyway, you haven’t answered my question concerning which programs I ought to contemplate, where they are provided, how much they expense and whether or not economic aid is available. Also, I’d appreciate suggestions on likeminded organizations or projects that I really should think about joining to familiarize myself with what this dream would need me to be.
Greatest answer:
Answer by Tom
You require to write down your goal and try to function backwards from that point to work out what you need NOW.
The issue with the way you are thinking is that you are assuming that you can not purchase in the skillset in the form of a management team in order to realise the ambition of the company and charitable actions you are undertaking. At the same time, you havent really found a use for any of the vague traditional skills you want to exploit in this venture. You have no item idea, you just have a business model, an empty one.
It is bizarre that you want to run a successful, really profitable business, utilizing unspecified skillsets, but also be a teacher, freelance journalist, book writer and philanthropist all at the identical time. You also really feel that youll be able to pay these folks really well, whilst generating high profits…how? You want to choose 1, not both. Either pay them well and suffer with competitors undercutting you, or simply pay them less and make much more cash for your exploits.
Focus on what you want appropriate now in order to make the start-up capital. When you have begun, youll be able to get the ball rolling and youll be wealthy sufficient to either do extra coaching which you demand, or alternatively, work on hiring individuals with suitable expertise in order to support you with this goal. You dont have to do it all alone.
The issue here is that you may possibly be assuming that your media outlet in your property nation will be able to make the type of capital you call for in order to facitiate this gigantic dream, but media itself is a shrinking industry with the advent of the internet and publishing is shrinking too. Even if you ran your organization in a nation in which the population has the indicates in order to spend their funds on the type of goods you will be offering, the yield per capita will be low.
Perhaps your time is very best spent looking at alternative routes to producing the funds or alternatively, forming a group or partnership in which this venture can be explored further, minimising risk and helping produce the start off up capital you need at a much quicker rate.
Know greater? Leave your own answer in the comments!
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