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How much passive income will it take to buy our freedom from the workforce? Every person and every family is different, but let’s start with a nice round number: $20,000/month.
It may sound like a lot, but we have our entire lifetimes to build our income streams. Our freedom may actually occur at $7,000/month, but we should continue building our revenue.
Why continue? Because it is fun to create income, but also, we need to prepare ourselves for any situation that may arise. What if our kid loses their job? What if our parents need long-term care?
Being able to create income from thin air is what we learn as we generate income streams. There is nothing more satisfying than building income streams and spending time with family—while your income streams keep producing income.
So don’t let $20,000/month alarm you. Start small, with an income drip. Eventually, your income will turn into a stream. Then, move on to the next one. In the end, we will have way more than $20,000. Exciting!
ASIN : B09BZZVD2V
Accessibility : Learn more
Publication date : August 4, 2021
Language : English
File size : 15.0 MB
Simultaneous device usage : Unlimited
Screen Reader : Supported
Enhanced typesetting : Enabled
X-Ray : Not Enabled
Word Wise : Enabled
Page Flip : Enabled
Book 57 of 147 : Massive Passive Income Books
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