Insights from Timo's Director Pham Minh Tien: A New Take on Financial Freedom

Pham Minh Tien, Marketing and Development Director at Timo, shares a new perspective on financial freedom.

Tien explains that instead of focusing solely on financial freedom, he thinks about how to avoid failling into poverty. 

He poses an interesting question: "If I take all your assets and fire you, can you recover?"

Many Vietnamese people believe that investing means buying land, gold, or stocks. Tien points out that this mindset makes investing difficult. Not everyone can afford land in expensive areas or buy many stocks or gold.

Tien suggests a safer investment is in personal skills. By improving your abilities, you can create business opportunities and income streams. He notes that only a small percentage of people succeed in the stock market, so investing in yourself is often more rewarding.

He shares his past mistakes, like investing in finance without having the right skills or personality. He also felt pressured to achieve financial milestones quickly, only to realize it wasn't as fulfilling as expected.

Through his work, Tien has spoken to many people, rich and poor, including those who have achieved financial freedom. He learned that financial freedom isn't always satisfying, as personal recognition and purpose are more important.

Tiến emphasizes shifting from financial freedom to resilience against poverty. He asks: "If you lose everything, can you recover, and how long will it take?" 

This, he believes, is true freedom.

Source: An ninh tien te