In this newest blog post on motivation and all things that inspire me, are some pretty obvious topics of being wealthy and having time freedom. For me, wealth is being comfortable and having time freedom to do the things that we love to do as a family. So, not just about making money is being wealthy, but having the flexibility in my schedule to play golf during the week, take four day weekends whenever we choose and being able to go the beach, and go skiing once per year is the goal! So, being wealthy and having time freedom means different things to different people.
Let start with the way to wealth in most cases. The way to wealth is certainly not getting a job, and saving your way there. It just won’t happen. Companies don’t pay you enough to save tons of money and quit once you have saved enough to invest that money for passive cash flow. Based on what my friend at Roofer Lawrenceville GA says, they will pay you a fair wage based on your skill set and what similar companies pay their employees who do the same jobs. Now that we have gotten that out of the way, the way to wealth is passive or residual income. This is income that is automatically recurring income that comes in each month without you having to go out and earn it doing an hourly wage, or salary. So, ideally you set up this income stream once, maybe do some maintenance on it here and there Continue reading