forward can I survive? Assuming a 30-day month, I have enough cash flow for half a month.
When I achieve $2,000 a month cash flow from my assets, then I will be wealthy.
So while I’m not yet rich, I am wealthy. I now have income generated from assets each
month that fully cover my monthly expenses. If I want to increase my expenses, I first must
increase my cash flow to maintain this level of wealth. Also note that it is at this point that
I’m no longer dependent on my wages. I have focused on, and been successful in, building an
asset column that has made me financially independent. If I quit my job today, I would be
able to cover my monthly expenses with the cash flow from my assets.
My next goal would be to have the excess cash flow from my assets reinvested into the asset
column. The more money that goes into my asset column, the more my asset column grows.
The more my assets grow, the more my cash flow grows. And as long as I keep my expenses
less than the cash flow from these assets, I grow richer with more and more income from
sources other than my physical labor.
As this reinvestment process continues, I am well on my way to becoming rich. Just
remember this simple observation:
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