Last weekend we celebrated my wife’s parents 50th anniversary, true retirement and their upcoming move to our land in Texas.
As is common for such events there was a photo review that included appx 50 years of experiences, trips, smiles, hugs, happiness, puppies and more.
It became pretty obvious: True Wealth is measured in TIME and EXPERIENCES.
From Robert Kiyosaki’s latest book; “Wealth is measured by the richness of your life experience today plus the number of days into the future that you have the capacity to continue living at that level”
Example: If all you have is $1000. to your name and your living expenses are $100/day. Then your wealth equals 10 days.
So ask yourSelf; “If I stopped working today – how long could I survive financially?” Your answer is your wealth. Include your savings, cash from sale of house etc.
Now consider your answer in light of a true residual income from either; investments, real estate, a Network Marketing Business or other business where you do not have to participate in daily operations. What if your business was producing $1-2-3-5,000. or more per month? What kind of experiences would that provide for you, your family and friends? 5, 10, 15 years from now what photos would you be reviewing?
So what’s the quickest way for you to build wealth?