So how much money do you need to be wealthy?
So how much money do you need? What does financial wealth mean to you?
* Having a million dollars in your savings account?
* Recieving a check in your mailbox every month that covers your monthly expenses?
* Never having to go to work again?
These are just some of the definitions of financial wealth. Your definition might be quite different from anyone else’s. However, no matter how you describe financial wealth - you can get there using one of the many proven paths mentioned in this series of post.
Let’s imagine that financial wealth means that you have enough money to live the lifestyle you want - and you never have to go to work again. Fair enough?
In other words, you have all the money you need to lead a comfortable life. How much is that? Let’s look at some examples:
1. Ed love to camp out in “fishing territory.” All Ed needs is $500 a month for a few expenses as his tent is already paid for and he plans to eat the fish he catches.
2. Monica needs $1,500 a month to pay her day to day expenses while she writes novels.
3. Alex needs $6,000 a month to travel the world and explore.
4. Rita needs $10,000 a month for her life-style and charities.
As you can see, financial independence means something different for everyone. Only you can decide what’s right for you.
So how do you get that money you need to be financially free?
I’m going to show you several ways to get that money, and at least one of those ways will work for you. But first, I have to discuss something very important concerning your job.
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