The Formula for Financial Independence
The Formula for Financial Independence is:
1. Spend less than you earn and invest the difference.
2. Reinvest your returns for compounded growth.
3. Reach a critical mass of investment capital that creates the annual income that you want.
Whatever you’re investing in—whether it be cars, stocks, bonds, real estate—you’re investing for income and not assets. The goal is to get to a point where the interests on your investments alone, in a secure environment, will be enough to cover at least your financial security, then your goals of independence and, ultimately, freedom. In order to do that, you have to build a critical mass of capital in which the interests alone on that capital will give you the financial independence you desire. The only reason to invest is so that you have an income for life without working
By Jane
nice reading
1. Spend less than you earn and invest the difference.
2. Reinvest your returns for compounded growth.
3. Reach a critical mass of investment capital that creates the annual income that you want.
Whatever you’re investing in—whether it be cars, stocks, bonds, real estate—you’re investing for income and not assets. The goal is to get to a point where the interests on your investments alone, in a secure environment, will be enough to cover at least your financial security, then your goals of independence and, ultimately, freedom. In order to do that, you have to build a critical mass of capital in which the interests alone on that capital will give you the financial independence you desire. The only reason to invest is so that you have an income for life without working
By Jane
nice reading
I am looking for some good blog sites . I was searching over search engines and found your blog site. I’m really happy to say it was an interesting post to read. I learned new information from your article, you are doing a great job. Continue
ReplyDeleteThis is great advice! Very honest and practical. I really enjoyed this post. Nice post!! these tips may help Great post, Jo! My favorite advice. Thanks so much for a detailed post! It is very helpful for. Your post is helpful and informative.
ReplyDeleteawesome work continue with the same spirit.
ReplyDeleteThanks for writing this in depth post. You covered every angle. The great thing is you can reference different parts. It’s not just a skeleton but this things “got meat on her bones.”
ReplyDeleteWhat a fantastic post. This is so full of useful information I cant wait t dig deep and utilizing the resource you have outlined. Your exuberance is so refreshing
ReplyDeleteThis is good work.
ReplyDeleteawesome is your post.
ReplyDeletehere reading
ReplyDeleteloving this information
ReplyDeleteGreat article! Thank you!
ReplyDeleteI am really happy to say it’s an interesting post to read . I learn new information
ReplyDelete