**True freedom is the ability to work only when, where, and how you want.** In his book, Tim Ferriss uses the term the "New Rich" to describe those that are (at least) decently well-off in terms of **income** and _very_ well-off in terms of **freedom**. In particular, he places a great value on freedom of time and freedom of location. You get freedom of time by achieving your income with as little day-to-day hour-to-hour commitments as possible. Freedom of location comes from establishing an income stream that can be maintained from anywhere on the globe with an internet (or phone) connection. **** # More ## Source - [[The 4-Hour Work Week]] ## Related - [[Per Capita is more Important than Gross]] - [[Financial Independence]]