The Future-Optimization Framework: Financial Freedom Book Review (Chapter 13)
This post on the Future-Optimization Framework is part of a travelling book review alongside other bloggers for the amazing personal finance and FIRE book by Grant Sabatier, Financial Freedom. You can check out the other individual chapter reviews by visiting this Rockstar Finance round up on the book.
I also wrote a full Financial Freedom book review that provides a high-level summary of the book in it’s entirety to reaffirm why you MUST read it.
Grant has been a major inspiration in my own financial and entrepreneurial journey. I power-listened through over 280 episodes of his former podcast Millennial Money Minutes. I’ve also been an avid reader of his blog Millennial Money and recently had the pleasure of getting early access to his Financial Freedom book.
Financial Freedom: A Proven Path To All The Money You Will Ever Need is a culmination of everything Grant represents. What’s that? Passion, hustle, creative thinking, dedication, expertise, openness, hunger, empowerment and so much more.
Here are my thoughts on chapter 13 of Financial Freedom, “The Future-Optimization Framework: Daily, Weekly, Monthly, Quarterly and Annual Habits”.
The Future-Optimization Framework: Putting Things Into Action
From developing an abundance mindset to effective goal-setting and income generation or investing smarter, that framework of knowledge is compounding. Everything you’ve learned and began to ponder from earlier in the book is building to this chapter (and the later ones).
However, accruing that knowledge is only step one.
The power of financial independence and building wealth to live a more meaningful life is only attainable by putting everything into action. The same can be said for most areas of your life. Whether it’s getting healthier, learning a new skill or mastering your money, eventually you have to do the work. Personal development and improvement comes from transforming that knowledge into meaningful change.
That’s the focus of the future-optimization framework: implementation and action.
I won’t divulge all the secrets here as you HAVE to read this book from cover to cover. This chapter in particular helped me re-evaluate a number of areas with my own finances and personal life. Some of the questions it raised include:
Was I really putting the knowledge I’ve collected into action?
What habits can I further sharpen to make bigger gains?
How can I better say “no” in order to unlock more time?
What ways can I continue to chill harder and avoid burnout?
To understand how this chapter materialized those questions and many others, let’s crack open the pages of The Future-Optimization Framework.
Grant breaks down chapter 13 of Financial Freedom into the following headlines:
- Just Get Started
- Focus Intensely And Learn To Say No
- Execute Consistently
- Share And Know When To Ask For Help
- Chill As Hard As You Hustle
Just Get Started
The biggest takeaway I had was Grant’s mindset about putting down the book and making progress, no matter how big or small, immediately.
Whether it’s opening your bank accounts to review where you currently stand, making a plan to earn more money or opening that retirement account…just get started. Financial freedom isn’t a quick-win or immediate outcome. However, every day, week, month and year that passes before you “get started” is seemingly pushing that finish line further and further away.
Just get started.
Another unique inclusion of this chapter was Grant imploring you to answer the three questions below. Then to use futureme.org to schedule emails to yourself one year and five years into the future to remind yourself of the mindset you set out with.
The questions Grant wants you to address in those emails are:
- What does financial freedom mean to you?
- What makes you happy?
- Where do you want to be in one year? In five years?
Do one thing right now to push your personal finances forward. Start an emergency fund, consider getting going with a side hustle, review your spending to identify money saving opportunities or anything else that will just get you started on the road to financial freedom.
Focus Intensely And Learn To Say No
The opening line of this section couldn’t hold more true: it’s never been easier to make money, it’s also never been easier to waste time. To make major headway in your personal finances and personal development, learning the skills of saying “no” and focus will be paramount.
Personally, this is something I’m continually looking to improve – financially and just generally in life. There are so many distractions to entertain yourself. Spending money and having fun feels amazing.
You need to find that balance between enjoying today and saving for tomorrow. Financial freedom and mastering your money is about totally deprivation in the present. It’s also about spending less (time and money) on what doesn’t deliver positive ROI in your life and focusing on the areas that do.
Saving and investing that $50 you would’ve spent on beers each month could be worth over $50,000 in 30 years. That 3 hours where you just vegged out on Netflix could’ve helped you complete that freelance work or push your entrepreneurial venture further.
To round out the section, Grant delivers ten ways you can start saying no and better your focus. These range from turning your phone to airplane mode for a set time everyday in order to focus on yourself and reviewing your upcoming calendar at work to eliminate unnecessary meetings.
Be mindful of those decisions you make around time and money.
Rome wasn’t built in a day. And neither will your road to financial freedom. But those consistent habits and small wins as you continually lay the bricks of that road will surely compound to deliver what you desire most.
Building a framework of habits around your money will keep your commitment strong and engagement with your goals locked in. Grant outlines a collection of daily, weekly, monthly, quarterly and annual habits to he uses (or used) in his own life. From investing an extra $5 and reviewing your credit card statements to checking your credit score and preparing for taxes, these habits are surefire ways to keep your money top of mind.
Grant built a spreadsheet template to track your progress and you can access that at the Financial Freedom Tools for free.
As this chapter title suggests, optimization comes with practice and a framework to follow. This book as a whole delivers exactly that. A proven path and best-in-class concepts to unlock the mindset and doors to financial freedom.
Share And Know When To Ask For Help
Money continues to be a taboo subject. Even with the ever-growing access the general population has to personal finance podcasts, books, blogs, Reddit communities and discussion on social media…money remains taboo for most.
Part of your future-optimization framework should include open discussion about money with those in your life. From your significant other and kids to online communities, help one another and know when to ask for help.
Help break down the taboo walls around money.
Take action right now and talk with somebody in your life about your own financial goals and vision. Put down your phone or turn away from the computer. Whether it’s a 2 minute conversation or an hour, share your thoughts and listen to theirs.
Heck go send Grant a message on Twitter.
Chill As Hard As You Hustle
To round out chapter 13 of Financial Freedom, Grant delivers a message that so many need to remember. The road to personal growth, financial betterment or career gains, is most often a grueling one.
As Grant highlights in the book (and his other content), he made a lot of sacrifices. Those included negative impacts on friendships and health. If you’re a grinder and become obsessed with that goal you’re pursuing, you’ve likely felt similar negative results from hustling too hard. Before you get too burnt out and potentially dissuaded by the road to financial freedom, ensure you’re taking time to chill and re-energize.
I’m actively looking to improve in this area. I wake up at 5am everyday. It’s a decision that has changed my life for the better in so many ways.
However, to offset those early mornings and ensure I’m getting the necessary rest, I put tactics in place to counteract that hustle. I relax in the evenings, I go for walks everyday, I practice meditation and goal-setting, I workout and try to eat healthy. I also travel hack to allow my girlfriend and I the opportunity to cost-effectively travel multiple times each year.
Chill as hard as you hustle.
This new economy and lifestyle of 365/24/7 is draining. Don’t let it hold you back from the bigger picture at hand here.
Conclusion: The Future-Optimization Framework – Financial Freedom Book Review (Chapter 13)
The Future-Optimization Framework is about putting into action all the amazing knowledge Financial Freedom has delivered in the earlier chapters. From just getting started to building micro and macro habits while finding proper time to chill, this chapter is a blueprint.
While personal finances and personal development are unique to each individual, there are evergreen strategies applicable to most. This is a blueprint of the steps to take and habits to build from someone who has masterfully done it.
The journey to financial independence and living a more meaningful life requires a map. Grant has penned that map with Financial Freedom: A Proven Path To All The Money You Will Ever Need.
GET FINANCIAL FREEDOM FROM AMAZON NOW
Are you pursuing a life aimed at financial freedom?
What habits or strategies have had the biggest impact in your financial journey?
Let me know in the comments below.
After you purchase the book, don’t forget to visit the Financial Freedom website to take advantage of the free tools and resources. Plus download episodes from Grant’s podcast and connect further with Grant on his social media.
Here are some other posts to help you take control of your money and life:
- 40+ of the Best Personal Finance Podcasts
- Waking Up At 5AM Changed My Life – Win The Morning, Win The Day
- 12+ Best Reddit Personal Finance Subs To Follow In 2019
- 89 Personal Finance Tips – Budget, Save, Make, Invest & Better Manage Your Money