Financial independence achieved at the age of 40, lavished with wealth
In a recent video on the BÖRSE ONLINE YouTube channel, Florian Wagner, also known as "Geldbart" or the "money beard," shared his journey to financial independence. The video, which does not contain advertisements, offers insights into the right mindset for saving more and achieving financial freedom.
Wagner, a former engineer, reached financial independence by the age of 40 through disciplined saving, investing in stocks and real estate, and generating passive income streams. His savings rate is over 60 percent.
The article accompanying the video suggests that achieving financial independence without winning the lottery is a question for many people. Being independent from one's employer, lounging in a hammock, and living off interest or dividends is a dream for many. However, for many people, financial independence seems like a challenge even after an extremely long working life.
In the video, Wagner discussed how he built a fortune of 480,000 euros. He emphasised the importance of frugality and saving, stating that he reached financial independence by seriously engaging with these topics. He also provided concrete tips for saving more and achieving financial freedom.
Wagner, who claims to be happier now than before he started extreme saving, is known for his self-proclaimed title as the "money beard." In the video, he appeared as a guest and answered questions about his journey to financial independence.
The article concludes by stating that Wagner's story serves as an inspiration for those seeking financial independence. It encourages viewers to adopt a disciplined approach to saving and investing, as well as a positive mindset, in order to achieve their financial goals. The video is available on the BÖRSE ONLINE YouTube channel for those interested in learning more about Wagner's journey and tips for financial freedom.
