In today's episode, Stig Brodersen podcasts about his journey into financial freedom. IN THIS EPISODE YOU’LL LEARN:00:00 - Intro01:45 - Why people overestimate what they can do in a year and underestimate what they can do in a year05:14 - The tipping point for Stig08:28 - Why most people don’t want to be financially independent. 11:58 - Why money can – sort of – buy you happiness15:55 - How much money one needs to retire17:00 - How to define financial independence18:22 - Why you (maybe) need equity to achieve financial independence21:56 - How to value private businesses 26:42 - What do you do when you reach your number? What is your why? 30:47 - Why you should have negotiables and non-negotiables 33:01 - How to avoid lifestyle creeps37:34 - Why financial independence is a lonely journey41:49 - Why the journey is the best partDisclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Stig’s blog post on his portfolio and track record since 2014. Stig and Clay’s podcast episode on Stig’s return since 2014 | Youtube Video. Check out the criteria of companies in the UK that Stig is interested in buying.  Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value. Check out our We Study Billionaires Starter Packs. Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Learn how to better start, manage, and grow your business with the best busi