Many people have made various investments in pursuing financial freedom. Because of the risk of investment, someone fell on the road to financial freedom. So, first of all, you have to survive before you can achieve financial freedom. How to survive? A positive cash flow.
Wealth is like water in a tank with inlet pipes (income) and outlet pipes (expense). When the inflow rate is greater than or equal to the outflow rate (positive cash flow), the fish in the tank can survive. Otherwise the water in the tank will eventually run out (negative cash flow). The fish will die. When spending is greater than income, to avoid death, you have to increase your income and/or reduce your expenses.
For example, if a homeowner has no enough money to pay mortgage on time, the bank will take back the house. However, if the monthly payment is reduced (of course, the total payment time is lengthened), the homeowner can pay mortgages on time without problem. The bank will not take back the house. This strategy will win time for the homeowner.
Remember: positive cash flow is the king.
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