Posts tagged active income
3 Ways to Achieve Financial Independence

There are only 3 ways to achieve financial independence

BUT before we get into those 3 ways, let’s first define financial independence.

Financial independence is independence from having to engage in active income. It means you have enough wealth and passive income to live without actively working.

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A Basic Breakdown of the Income Spectrum

A big part of designing your life is understanding the different types of income and deciding which is right for the lifestyle you want. I find it’s best to work backwards. Start with what your ideal lifestyle looks like. Next, determine what financial situation you need to live that type of life. Finally, decide what type of income you’ll need to make that happen.

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