Finances
It is a privilege to do this work; and so out of respect for this privilege I will try to make as much transparent as possible, and transpose it all into educational material.
All funds accrued online and via DreamFreely are directed to a separate bank account, to start.
Objectives
My primary objective is pay off my debt, and to reinvest in my community.
I do this by building revenue efficient products, and providing exemplary services, aligned with circular economic processes.
We/I are/am financially transparent regarding revenue, expenses and pay.
Objectives by Priority:
- Pay off
$9,000$7,000$5,000 403b Loan - Pay off $20,500 Personal Loan & $4,000 credit card debt
- Get part-time Virtual Assistant
Structure
Presently DreamFreely exists as an LLC established in Minnesota, and I am the sole owner. All money earned digitally is funneled in to a Fidelity Brokerage fund that hold SPAXX; for better or for worse.
Progressively I will expand, and document, the process.
In 2025 I will formally expand business into Colombia.
Debt
The debt is what it is; the idea being that once the 403b loan is paid off, then I'll take out another loan against that money and reduce the Personal Loan debt, $17k is at 18% APR, and the other $3,500 is at 14% APR.
I have a solid budget, and the money was spent traveling back to my homeland, and accomplishing necessary things to reach the place I now am.
The ME Fund
DreamFreely is a company with actual products beyond just a blog, and relatively low-overhead; while I do seek to make a profit.
To start, all profits go to pay back Canin's loans, and hire a part-time virtual assistant from Colombia; as stated earlier.
Once this is accomplished, funds will be distributed privately and publicized minimally. Though we will have additional projects and will be seeking to pay everyone a loving wage, not living, a loving wage. All of which will be organized via Discord, and within the community.
I aim to build a small and nimble team, along with a robust and sustainable systems. And in this way, further respect the blessing is to be able to do this work.
This blog is meant to document this aspiration, process and work.
🍃🙏🏾❤️✊🏾🔥