I Need Money: How Much Money Is Enough?
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The way to be financially independent and still have the ability to pay off expenses is through
passive income!
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How much money a person needs to be financially free is also called
financial independence number!
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Calculate Your Financial Independence Number
Calculated by identifying all the monthly
necessary expenses
and calculating the sum.
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Generate Passive Income & Reduce Expenses
Generate enough
passive income
to cover all the monthly expenses.
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Create an Emergency Fund
In the case an
unexpected expense
occurs, an
emergency fund
can provide the needed relief!
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The
amount of time
someone can live off their money is the true measure of someone’s
wealth
. Therefore, the key to happiness, gaining more time, and more freedom is to generate more
passive income
!
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tips
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financially dependent
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