These free money tools, spreadsheets, videos, and calculators are designed to be used while reading or listening to Financial Freedom: A Proven Path to All the Money You Will Ever Need by Grant Sabatier.

Financial Freedom is available worldwide in Hardcover, ebook, and audiobook here.

Note: If you’ve already read Financial Freedom, please leave a review on Amazon so it can reach more people! Thank you!

Attend The Financial Freedom Summit

Ready to take your financial life to the next level? Then join Grant, Vicki Robin, J.D. Roth, 50+ speakers, and over 1,000 attendees at the Financial Freedom Summit May 1-3, 2020 in St. Louis.

To learn more and register visit: https://financialfreedomevents.com/

Join the Financial Freedom Book Community

1. Connect and get support on your journey in the Private Facebook Group. Note: You must have read or listened to the book to join.

2. Sign up to receive exclusive content and more via email

Financial Freedom Book Community

EXCLUSIVE CONTENT, MEETUPS, & MORE!

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Note: These work on all devices. I recommend bookmarking these tools and using them regularly on your journey.

Chapter 3: What is Your Number?

How much money do you spend? [Calculator]

I hate budgets and Financial Freedom is designed so you don’t need to budget. But it’s important to quickly look at how much money you spend and more importantly, the impact it has on how long it will take you to reach financial independence (when you don’t have to work for money). This calculator and spreadsheet can be used to calculate your current and future projected expenses.

How much money do you need for the rest of your life? [Calculator]

There are many factors that impact how much money you will need for the rest of your life (your financial independence or fi number). The first time I used a retirement calculator it told me I would need to save over $3.5 million to “retire,” but that seemed like way too much money.

Also, how at the age of 24 could I even begin come close to how much money I would need for the rest of my life? As it turned out, I needed a lot less than I thought and that I was completely in control of how much I would need. While you can’t control all of the variables (like inflation and investing returns), you can control most of the variables (how much you spend etc.).

The important thing isn’t to find your exact number, it’s to understand how each variable impacts how much you will need and to get comfortable with adjusting your own numbers as you grow and your life changes.

How much money should you save daily, weekly, monthly, and annually? [Calculator]

Studies show that people have a hard time comprehending large numbers, and for me personally, the thought of saving $1 million was overwhelming. I found it a lot easier to take it one day at a time and break out my target into into daily, weekly, and annual savings goals. While it was initially difficult for me to reach my daily savings goal, it got easier over time.

Early on I build a simple spreadsheet so I could see how different daily savings amount would add up over time. This calculator makes it easy to see the how saving even $5 per day adds up and if you can get to $50+ per day your money will grow incredibly quickly.


Book Correction: While the calculator above works correctly, there is an error on page 72 in the book as follows. The formula to calculate your number: S = (Y − (1 + r)^n) / (((1 + r)^n − 1)/ r) should be S = (Y − A*(1 + r)^n) / (((1 + r)^n − 1)/ r)

and in the book example, it should be (0.7 should also be 0.07 in the book): S = (($1,250,000 − $0 * (1 + 0.07)^5)) / (((1 + 0.07)^5 − 1)/ 0.07) =$217,363

Chapter 4: Where are you now?

How much money are you making per hour? [Calculator]

Most people don’t realize that they are actually making less money than they think, because they have haven’t accounted for all of the extra time their job takes. Everything from getting ready, to commuting, to traveling for work, even to de-stressing takes time that you wouldn’t have to spend if you didn’t have to work for money.

It’s important to add up all of this time and factor it into your compensation, so you can get an accurate picture of how much money you are trading for your time. Remember that money in infinite, but time is finite. You can always go out and make some extra money, but you’ll never get back you time. How much are you willing to trade your life for?

What is your net worth? [Calculator]

Your net worth is the most important number in personal finance. It’s your scorecard. You calculate your net worth by subtracting your liabilities (money you owe – like student loan and credit card debt) from your assets (things that you could sell for money).

It doesn’t matter how much money you make if you spend it all. What’s important is working to increase your net worth over time. Don’t worry it’s easy to calculate and keep track of your net worth using this calculator and my favorite free net worth tracker, which you can sign up for here.

Chapter 5: Next Level Money

What’s your savings rate? [Calculator]

The easiest way to measure how much money you’re saving (and then saving as much as you can!) is to track your savings rate. Your savings rate is the total percentage of your income you’re saving in all of your accounts (retirement, savings, etc.).

During my own financial independence journey my saving rate started at 40% and went as high as 82% some months! That might sound crazy, but it’s easier than you think. If you haven’t worked through the only budget you’ll ever need – you definitely need to read Financial Freedom!

I like to track my savings rate in both dollars and percentages. This is really easy to do using the calculator and spreadsheet I built for you!

What is the impact of your savings rate on financial independence? [Calculator]

There is a direct correlation between your savings rate and the time it takes you to reach financial independence. It’s pretty simple: the more money you save the faster you’ll reach financial independence. Enter your numbers, test different scenarios, and see for yourself!

Chapter 6: Is it Worth It?

How much will this be worth in the future? [Calculator]

Every time you spend money you are making a tradeoff; spending the money today instead of giving it the opportunity to grow into the future. So what are you trading? Use this calculator to see how much what you plan to spend today will be worth in the future. Then decide whether it’s worth the trade off! It’s up to you.

How much freedom and time are you trading for it? [Calculator]

When I was working towards financial independence I calculated that every $100 I was saving I was buying at least 3 days of freedom in the future. This made saving easy. Most things weren’t worth 3 days of freedom!! I’ve designed this calculator so anytime you want to buy something you can determine whether it’s worth trading your time and freedom!

DOWNLOAD: 11 Ways To Think About Money here.

Chapter 7: The Only Budget You’ll Ever Need

In this chapter I talk a lot about how to reduce your biggest expenses and that you are going to be able to save the most money where you spend the most money. I also talk a lot about traveling the world for free using credit card travel rewards. Because I’ve gotten so many questions on how to do this from readers I created an Introduction to Credit Card Rewards Guide.

Free Guide: Introduction to Credit Card Travel Rewards

Chapter 9: More Money In Less Time: How To Start a Profitable Side Hustle

Here are a selection of courses on some of my favorite side hustles where you can easily make an extra $1,000 – $2,000 working from home on your own time!

As you know from the book, I’m a big fan of creating side hustles where you are your own boss so you can control 1) what you’re getting paid and 2) how you spend your time. Also all of the side hustles below are well suited so as you grow them you can hire other people to do the work!

I have spent a ton of time reviewing the best places to learn this information in depth and these are the best courses and resources available.

1. Start A Blog

Check out this Free 7 Day Blogging Side Hustle Email Course (or sign up below)

Side hustle income range: $1,000 – $100,000/month +

I’ve been blogging at Millennial Money since 2015 and I’ve earned over $1 million directly from the blog. I also have many personal friends who are making hundreds of thousands of dollars a year on their blog.

While it’s definitely not easy to make money this way since it doesn’t happen overnight, if you are willing to put the work in, then launching a blog can be extremely profitable.

You might be wondering how can I make money blogging and how much money can I make? This is why I created a Free 7 Day Email Course which will show you exactly how to start a blog and make money blogging.

Free 7 Day Start A Blog Email Course!

Yes, you can actually make a ton of money blogging. There is a formula that you can follow! It's all in this Free Email Course. You'll receive one a day for 7 days!

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2. Run Facebook Ads For Local & Online Businesses

Check out the Facebook Ads Course

Side hustle income range: $1,000 – $20,000/month +

It’s extremely easy to learn how to run Facebook ads and I know many people personally who make a lot of money doing it. It’s a worthwhile skill to know even if you don’t plan to do it as a side hustle. As you know I talk a lot in the book about diversifying your skillsets and this is one of the best to build.

The thing I love most about this course is that in addition to being run by my friend Bobby, it also includes a bunch of strategies to help you get your first clients, as well as a robust support group of a bunch of people who are also running Facebook ads as their side hustle. Learn more here.

3. Become A Virtual Assistant

Check out the 30 Days or Less to Virtual Assistant Success Course

Side hustle income range: $1,000 – $20,000/month +

A virtual assistant is exactly what it sounds like – helping entrepreneurs in a bunch of different ways, including answering emails, scheduling calls, and a lot more. There is so much demand for virtual assistants and it’s never been easy to start your own virtual assistant business.

It took me awhile to find a course that truly show the ins and outs of becoming a virtual assistant and creating your own business, including getting your first clients. Learn more here.

4. Start A Flipping Business on eBay

Free Webinar: How To Start A Flipping Business

Course: Flipper University – Everything You Need

Side hustle income range: $1,000 – $20,000/month +

It’s insane how much money you can make flipping items (buying a deal and then selling at a big profit). You know all those people who are selling things on eBay? Well, some of them are making tens of thousands of dollars a month doing it. Sound like a lot of work? It’s really not. The key is building a good strategy for finding, buying, uploading, and shipping items.

Thankfully my friends Rob and Melissa (yes they are good friends of mine!) created a completely Free Webinar on the topic. They make hundreds of thousands of dollars a year flipping and will show exactly how they do it.

5. Become A Freelance Writer

Check out the 30 Days or Less to Freelance Writing Success Course

Side hustle income range: $1,000 – $10,000/month +

Do you want to make extra money on your own time from anywhere in the world? One of the easiest ways to start a side hustle is to start a freelance writing business. It will allow you to bring in money while you launch another venture or idea.

There is so much demand for freelance writers and you can pretty much write about anything you want. Another nice benefit of freelance writing is the ability to sign monthly retainers with bloggers of companies who need writers. This means you can charge a set amount per month ($1,000 – $5,000) for a number of articles. If you do this for a few clients then you can easily turn a writing business into a $10,000/month + side hustle.

This course is a great introduction to starting a freelance writing business and getting your first clients. Check it out.

6. Become A Proofreader (General or Technical)

Check out the Proofread Anywhere Course

Side hustle income range: $1,000 – $10,000/month +

Are you super detail oriented and like working from home? Then you should think about starting a proofreading business. You can actually make some serious money and it’s one of the easiest side hustles to start.

Everyone from bloggers to companies to legal professionals to publishing companies need help proofreading. In this course from my friend Caitlin you’ll learn everything you need to know to launch your proofreading business (and get 1 on 1 support!). Check it out.

More coming soon!