I Need Money: How Much Money Is Enough?
The way to be financially independent and still have the ability to pay off expenses is through passive income!
How much money a person needs to be financially free is also called financial independence number!
Calculate Your Financial Independence Number
Calculated by identifying all the monthly necessary expenses and calculating the sum.
Generate Passive Income & Reduce Expenses
Generate enough passive income to cover all the monthly expenses.
Create an Emergency Fund
In the case an unexpected expense occurs, an emergency fund can provide the needed relief!
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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