9 Levels Of Financial Independence

[@enzovalendino606]

1. Dependency. 2. Solvency. 3. Breakeven. 4. Stability. 5. Security. 6. Initial indipendece. 7. Freedom. 8. Abundance. 9. Infinite.

[@strogatzf9416]

“It’s pretty rare to see someone frowning on a Jet Ski” 😂

[@LesterDiaz]

I’m halfway between level 4-5. Although don’t have much debt, I reinvest most of my profits back into my online businesses paying myself to live comfortably. Hope to get to level 9 in the future 😁

[@NateOBrien]

Level 9 does seem nice

[@TartarianTopG]

How about now

[@TartarianTopG]

4-5 fie me

[@HonestFinance]

Love your videos. You’ve always got great advice. Thank you

[@calvinraab8798]

One big thing that I see happening is so many people see individuals at that level 9 financial independence and they think that is the level they need to be happy. And so many people think they need billions to be happy. It's important to realize that financial freedom is different for everybody (income wise that is). I also like the way these are split up because it can give someone a goal, such as reaching a particular level at a particular time. Makes the journey to financial independence much more digestible and understandable.

[@ashleysaldanha6898]

I've started saving already. Can't believe so many of my peers waste their money on clubs and don't take saving money seriously.

[@NateOBrien]

Agreed. Building a nice chunk of change is essential

[@PlanB_]

It isn't a waste of money if you are having fun. Nothing wrong with going to the club. Buying a bottle of vodka there for €500 however, is another story 😂

[@iraqi2015]

perrs? u mean parents?

[@ashleysaldanha6898]

@@iraqi2015 nope I mean peers. It means people who belong to the same age group,at least in this context

[@ZacharyLaid]

Honestly I’d be happy with level 7, freedom.

[@millionaireescobart5708]

Hi there! I just left you a like on that last video you posted about investing and financial freedom, and I would be happy if you chech out my first video :) Cheers from Scotland

[@Johnnytrades-LTE]

lol me too man iwould even take level 6 for just right now lol.

[@iraqi2015]

superb

[@TacetTheTerror]

Currently between 2, 3, and 4. Would be perfectly fine just reaching 5. I have 0 debts, and I make more money than my expenses while being completely self employed, but if I was to live 100% on my own it would quickly drop to 2 or 3. Have to live with anywhere from 1-3 other friends just to maintain the costs.

[@nt-leo2182]

I'm only 13 and find every one of your videos very interesting. Love your work and your original content, keep it up! Cheers

[@NateOBrien]

Thank you! Good luck with your goal

[@nt-leo2182]

@@NateOBrien thanks, I appreciate it :)

[@nickob55]

most of those scenarios are based on a fiat monetary system, you could add another which would be non fiat dependent which would be dollar and stock collapse resistant which would include land with water,orchards,woodland, that kind of thing, I am about no.5 with some fiat resistant schemes.

[@spyscy]

The two extremes are pretty wild but this actually make me feel better about where I’m at! Ty for this

[@DrgnMage2536]

It's been a year since I watched this video. At one point I was at 5, now I am back at 4. Hope to be back at 5 in three years.Saving and paying off debt as quickly as I can. I hope to be at 7 in six years.

[@living_kg]

Love this

[@thesophisticatedjellyfish]

#5 currently. Actively building my investments to get to number 6!

[@futureprogrammer880]

same

[@Johnnytrades-LTE]

i would love to get to level 6 and focus on myself. thanks for sharing.

[@freedominabudget]

Just found your channel! I'm currently on level 5!

[@NateOBrien]

Congrats! I can see you are doing well

[@krishsharma5130]

In 5-10 years I want to be financially free and stable

[@NateOBrien]

Great goal 👍

[@businessimpactonline]

6-7 for me but still striving for higher. Enjoying the ride of creating new income streams. Thanks for this content Nate. Food for thought.

[@livh2290]

Great video! I loved how clear and concise everything was and it's such an important topic that everyone should have knowledge about. Thanks!

[@DrgnMage2536]

I was at the security phase, but dropped down to stability now that I have a mortgage. I would like to be in the Infinite Phase just so I don't have to worry about money. However, I don't believe in the Infinite Phase lifestyle. Freedom Phase seems like the most ideal spot. I hope to be there in 7 years.

[@fredswartley9778]

I'm only at level 3 right now. Just breaking even, paying my bills each month. I hope to start building a good cushion and get some financial security.

[@Brock871]

Awesome i am already at level 5 & on my way to level six. I did better then i expected

[@dangeles95]

No debt but my mortgage. 6 month worth of expenses saved. Maxing out my 401k and Roth IRA, adding money into the stock market. Trying to get to level 6 right now. Trying to use my stock investing to get there.

[@starseedtravel8902]

I struggle with saving money because I want to travel a lot before I get old and can’t.

[@Mick_Unfiltered]

I’m 18 and at level 4...... if everything goes to plan I’ll be at 5 by this time next year

[@thanieltu3153]

That’s awesome Nick! How’s it going, and out of curiosity, may I ask what you do for income?

[@Mick_Unfiltered]

@@thanieltu3153 it’s going well actually! I’m 20 now and at level 5 as planned 😎 for my income I bartend on weekends ($35p/h), do odd jobs at a family friends construction companies yard ($250 a day) and I get some student benefits from my countries government ($8k a year(ish)) I don’t make heaps but I save about 80% of it since I’m living at home :) I also put about half my pay each week into my countries version of a 401k on top of my employers contributions (which is only about $200 a month). I won’t say how much I have saved for obvious reasons tho😅 but I’ve worked very hard for what I have and hope I can climb the levels in this video.

[@thanieltu3153]

@@Mick_Unfiltered really glad to hear things are going well, you’re definitely handling your money well + the awesome benefit of not having to pay rent! 😁 I’m a couple years older than you, just started working full time so I’m trying to climb this financial ladder too! I’ll have to move out of my home and start paying rent since I’ll have to work in person soon though :’)

[@Mick_Unfiltered]

@@thanieltu3153 not paying rent is honestly a lifesaver when trying to set yourself up with a financial support base!! I agree! Congrats on getting the FT job! I’m still studying so my pay check bounces up and down week to week so I have to constantly adjust budgets😅 if you’ve got any advice for me or want any I’d love to hear it! I’m trying to buy my first property before my 21st birthday but it’s a mission in this market, I live in one of the worlds biggest property bubbles so it’s tough, my parents are going to match my deposit though which I’m so grateful for, not a lot of people get that same opportunity.

[@Mick_Unfiltered]

@@thanieltu3153 the plan is to rent out the place while I live at home so I can build equity while I keep studying and then eventually move into it or property stack.

[@JokinJoe]

I’m at such a low in my life. Just a couple years ago I would’ve been a four. I made ok money as a manager. Now I lost that job and things have been going out of control. I lived off of my stocks in the company and now work a low wage job. I’m at the brink of losing my mortgage and my house. I’ve stopped making credit card payments. I just don’t know what to do. I’m 30 years old now.

[@kendandav]

Love it

[@BryanGuerratv]

Great breakdown man. Goals 🤑

[@NateOBrien]

Thanks Bryan. Keep up the great work on your channel

[@PositiveInvesting]

Very interesting video here! I would think most of your viewers fit somewhere between Level 4 and 6!

[@NateOBrien]

Agreed. With that said, millions of people are in stage 1 and 2

[@millionaireescobart5708]

Hi there! I just left you a like on that last video you posted about investing for begginers, and I would be happy if you chech out my first video :) Cheers from Scotland

[@InvestingRobinhoodInvestor]

I'm striving for a comfortable lifestyle where I don't have to think twice for that extra guacamole on my Chipotle 😆

[@NateOBrien]

that avocado toast...

[@perrymeanspearwine]

I'm level 5 on way to level 6.

[@prstorero]

As a minimum, 6 would be nice, but that would be (probably) impossible for me due to medical expenses. Maybe some other doors will open up down the line.

[@ethannaka1822]

Nate, great video. I think personally the hardest jump is from stage 5 to 6 (since that’s where I’m stuck at). But I’m staying focused and determined 🙏🤞

[@Waynimations]

This is a very interesting list that I have not really thought about

[@NateOBrien]

Thanks for always checking out my videos

[@jackheanly4879]

Hi Nate, love your videos. I was wondering if you could please let me know what type of mic you use. I can see one attached to your shirt and was wondering what it is. Thanks, Jack

[@finbarthewolf8643]

I'm guessing that the dependency stage also counts for people living off a student loan and family donations?

[@mcintosh.motors]

Freedom is m realistic goal in life.. But I don't dream small... I'm gonna be at level 8 :)

[@violawalker5128]

And how do you like marketplaces, where trade goes for the crypt? ModulTrade for example. In my opinion, it is a good example of free trade and money turnover.

[@SaxonCerchio]

PHASE 1 - SURVIVAL PHASE 1: Dependency 2: Solvency 3: Break Even PHASE 2 - COMFORTABLE PHASE 4: Stability 5: Security 6: Initial Independence PHASE 3 - THRIVING PHASE 7: Freedom 8: Abundance 9: Infinite

[@BrentInvesting]

Hey Nate, great video :-), I forgot what book I read this in, but a very good breakdown.

[@NateOBrien]

Thank you! There are different versions of this

[@AussieMoneyMan]

Interesting video Nate! Hm... At the moment I am at 5.

[@NateOBrien]

Glad to see you are doing well!

[@dtubemusic9174]

great video, do you respond to your watchers?

[@bubsandteeks]

Very interesting video! You'll be seeing the high stages in no time with your growing channel and mindset/motivation. (Unless you're already there)

[@nancypetry6820]

I really don't know your history, although I have seen many of your videos. Although you seem like a nice young man and very smart, where did the money start? When you're 21, the money had to come from somewhere and it's good to talk about investing, saving, etc. but it seems you would have to have a great deal of money to begin.

[@elioks]

i´m pretty well on the list, but basically due to I learned to live with no much things or needs :)

[@mrj1299]

Level 5 now. So when I buy a house i fall back to 4? Thats sad.... :-( Level 7 should be the goal.

[@VioletIsBulletproof]

"Until much later in life* 😳 i was just about to turn 27 when i started...that was 5 or so months ago 😭😭😭 Ive usually been in 3 or up(until i racked up student loan debt in 2 years but dont worry. Mostly paid off in 9 months lol. I hate debt so all my extra cash went directly to it). The problem was that i got too excited and started spending a lot of $ on fun. Smh. That was a huge mistake. But now im in an even better situation. I invested in myself and gained knowledge and started saving. Minor investments but hoping to throw 20k into stocks every year starting next year to be financially free in 15 years. Fingers crossed.

[@tpzlol]

7 is my goal, don't need more

[@CloudTribe]

Holy shit I'm almost at level 5

[@ssdskully]

I'm a 4 right? I just have student loans.

[@NateOBrien]

Most likely yes. Quickly approaching 5

[@dangeles95]

It’s sad to see this country at its longest time of economic growth yet 39% of Americans say they can’t cover a $400 emergency. This is bc people don’t have financial self control.

[@johnblack7524]

how tall are you lol? GREAT VID!!

[@NateOBrien]

Over 6'3

[@NateOBrien]

wait I meant to say 6'3.. not over that haha

[@ladybird491]

I love your channel but rich is different than wealth.

[@LongCOVIDAdvocator]

Do you ever wear pants in your videos?

[@NateOBrien]

Yes, yes I do

[@gansair6050]

@@NateOBrien where's His free book thus time??

[@hamidahassan5951]

This curiosity will kill u

[@munch6610]

Why would want to reach 9? You spend your whole life time just on making money...and you have nothing of it. Life is still about living. Life is not about creating capital.

[@stevenhill3136]

Nate where are YOU on the list?

[@NateOBrien]

🤔🤔🤔

[@Coolking9297]

@@NateOBrien kind of rude not to answerh is quesiton

[@johnhein2539]

Michael Jordon goes to $0. All he has to do is look at Hanes and nod.

[@NateOBrien]

haha exactly

[@riqui5406]

Yes, Michael Jordan is definitely the best basketball player ever.

[@kendandav]

Love it