My plan to achieve financial freedom with BCH using a 40/15/45 rule

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Avatar for Fexonice1
2 years ago

The rat race of society has made the idea of ​​financial freedom something believed to be a rescue from the decaying financial system in our time. This appears to be a direct response to the current state of society which seems to be going in favor of only a few who has held the system bound by their greed.

The definition of freedom is something that varies from one person to another based on how it affects each one of us. Globally, it is the ability to become self-reliant financially and to be able to do what you love in life without undue financial pressure. It is the ability to live life on your terms while earning a living along.

It is of the general view that being financially free means complete rest from working after you have accumulated enough money to sustain yourself for the rest of your life. But in my opinion, one can be financially free while you have a job, but only if you can manage your time the way you want. That is, no one controls the direction of your life. Because in life, the most valuable resource you have is your time. Being able to use your time as you wish is important.

looking at the current financial system, and its spiraling downward movement, it is clear that what we need to gain freedom is to find the best strategies for managing our finances. Doing that requires knowledge on how to manage your money which you have been working hard to save so that you one day will be financially free. But unfortunately, the current financial system doesn't mean well for ordinary people, and so you cannot keep your fruits of labor in such a system. One of the major reasons for this is the constant devaluation of fiat currencies which neither the banks nor the government can do anything to stop.

To try to avoid this inflation and devaluation of fiat currencies you need to find a viable plan which cannot only guarantee the safety of your money but also helps you to achieve financial freedom. The banks were invented to serve this purpose, but the current financial system has proved that it carry anyone further. It will surprise you to know that the money you think you have in a bank is not really yours. Don't be amazed to read this. You think the money in your bank account is yours because you earned it by working hard.

In theory, the money indeed is yours. But in reality, it is only yours if you follow the rules set by the banks. If you want to make a transaction with someone on the other side of the world beyond the limit set by the bank, you will have to respond to the bank. And worse of it all, you can be banned completely for sending money larger than the bank allowed. This is a mistake, that we must try to get over it with, using the best financial management with BCH to win the war over fiat and gain the financial freedom we need.

BCH give the freedom using the 40/15/45 rule

The fruits of your labor that you think is safe in your bank accounts are not. This is where BCH serves as the best solution for saving your money. A solution that protects your interests, because BCH is for everyone. With the 40/15/45 rule, BCH is a complete game-changer for those who want to achieve real financial freedom. One thing you must bear in mind is that BCH is a collection game for the future. The more BCH you accumulate, the better your financial future will be. This is a lesson BCH has taught me in the past years.

Financial freedom is about understanding what you want and when you want it. The day you understand this, you will be embracing a lesser way of life with peace of mind going forward. BCH lets you know what is the important thing: the world pressures you to buy a lot of useless and needless things because you understand that Fiat money loses value with time and you need to spend your money today so it won't be of lesser value tomorrow. With BCH, such devaluation is no more even if you save all your life. With BCH 40/15/45 rule, you have access to the best savings method that not only guarantees the safety of your money but also leads you to financial freedom.

I will gladly recommend this BCH saving rule to everyone. You would do yourself a disservice not to use it. This BCH saving rule will teach you to reduce what you want. Everyone will be able to apply the BCH 40/15/45 rule. Yes, you can change these values, but this seems like a good deal.

How the 40/15/45 rule applies

With 40% of your BCH, you can pay for everything you need. This may be from 50 to 40% so you won't owe anyone. because debt is the worst thing in this world. You will never fall into the trap of debt. You will have to wait until you have enough money to buy what you want. That's exactly what am practicing, waiting until I have enough money to buy what I want. And I know with BCH I will soon have enough. So why borrow?

15% of your BCH should go for what you want. I'm not talking about what the public wants you to buy with your dollars, but what you want. By customizing, you will quickly see that what you want is within 15% of your income.

And finally, the remaining 45% BCH left from your earning should go into savings every month, what we called Hodling. You might be tempted to sell for fear of volatility and save it in your bank account or invest the money elsewhere, but it is riskier leaving it in a bank account or investing in the stock market.

Your 45% BCH in your savings will only increase in value over time because the demand for BCH will only grow in the future. At least that’s my strong belief, and that’s why I accepted this 40/15/45 BCH saving rule.

I have accepted this rule because I fully trust BCH and what its aim to achieve in the world. I believe we all can use this simple BCH saving rule to achieve financial freedom with time. As long as we can keep earning some Satoshis regularly we can continue to add to our savings using this rule without denying ourselves what we want today.

Conclusion

As the price of BCH rises, I will be one step closer to the financial freedom I dream of. And as I keep adding more BCH to my savings based on the 40/15/45 rule, it will be realistic. Moreover, I will be able to use my BCH at any time as I wish, and it will not be in danger of being devaluated or confiscated by the bank or government.

Consistently, I will be able to enjoy real financial freedom soon. This is my opinion, you can fight for what you think the right choice to go with your BCH. It will be up to you to make your best choice about your future financially. I think I have found my best choice.

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2 years ago

Comments

very good info for us.... good plan..... please friends sponsor me 😍

$ 0.00
2 years ago

so it's basically putting 45% to bch and not getting in debt

$ 0.00
2 years ago

That sounds like a plan... Or I can tweak the values. But your suggestion is really helpful. Thanks!

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2 years ago

Good plan... It seems workable

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2 years ago

This 40/15/45 model you propounded seems like a workable idea. BCH has come to stay and to replace the activities of fiat money. We all should grab the opportunity and make it count now. Now is the time.

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2 years ago

Thanks for this, will try to apply this rule though right now I'm just hodling all the bch that i earn. But i guess its better to start this rule now 🙂

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2 years ago

Such a wonderful idea. I will apply it to may earning this month. I'm sure it will help me minimize and maximize my earnings. Thank you so much

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2 years ago

It is the forst time I have heard of this principle. I will definitely try it.

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2 years ago

En cierto sentido tienes razón, alguien que tenga un empleo bien remunerado y en un país con una economía algo estable es muy acertado, sin embargo un empleo en países como Venezuela es infructuoso, donde el salario son 3 dolares y un kilo de carne cuesta 3.50 dólares, es absurdo

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2 years ago

Seriously, I really love this 40/15/45 bch rule and I am definitely going to try this out. We all want financial freedom and if we do not take steps like this, we won't achieve our aim and keep falling into debt everyday.

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2 years ago