Good Morning Team – Continuing from the “it’s just like Golf” theme;<\/p>\n
Health is your first Wealth, after that Wealth is measured in time.<\/em><\/strong> <\/p>\n From Robert Kiyosaki; “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<\/em>”<\/p>\n Example: If all you have is $1000. to your name and your living expenses are $100\/day. Then your wealth equals 10 days.<\/p>\n So ask yourSelf; “If I stopped working today – how long could I survive financially?<\/em>” Your answer is your “Wealth”. Include your savings, cash from sale of house etc.<\/p>\n At today’s interest rates of 1-2% an individual would need to have appx 1.5 Million in the bank to produce 3k per month in revenue. Given that last weeks WSJ reported wages increased only 1% in the last year, while inflation ran at 2.4% and gas prices have increased 40+% just since January how can any employee realistically expect to save enough money to get to the 1.5 million?…in this lifetime?<\/p>\n Now consider the meaning of residual income <\/em>from owning a business such as real estate rental income or a network marketing business. Building residual income from either up to just $3k per month would be “just like” or roughly equivalent to having 1.5 million in the bank.<\/p>\n That certainly alters the Wealth as measured in time formula doesn’t it?<\/p>\n So which is going to be more doable – saving 1.5 million? Or working hard and smart with real estate or business coaches to guide you to residual income of $3k per month or whatever level you feel you need to live “comfortably” on ?<\/p>\n Health is your first Wealth, after that Wealth is measured in time.<\/em><\/strong><\/p>\n Live With Intention, Good Morning Team – Continuing from the “it’s just like Golf” theme; Health is your first Wealth, after that Wealth is measured in time. From Robert Kiyosaki; “Wealth is measured by the richness of your life experience today plus the … Continue reading
\nDr Bill<\/p>\n","protected":false},"excerpt":{"rendered":"