What It Takes to Live the Life You Expect
There are two strategies to achieve your goal: one is having a large enough sum of money where the monthly interest alone can cover the cost of your lifestyle; the other is building a business system that generates passive cash flow, supporting your lifestyle while also funding your system.
You need to set goals. Specifically, how much money do you and your family need? What is the cost of freedom and your lifestyle? Here are four steps:
· Define your lifestyle: What do you want? What exactly do you want? Write down your ideas.
· Evaluate the cost: How much will your dream cost? Determine how much you need to spend each month, including all taxes and insurance premiums.
· Set targets: Build a money system and set business income goals. This step involves setting two targets: one for your business system's income and one for your money system. For the business system target, multiply your total living costs by 5.
· Execute: Find a way and do it! Start by earning a small amount from your system and grow from there.