gher than your expenses and you are not dependent on your 9 to 5 job for this. Assets producing an income for life will give you Financial Freedom as long the income is higher than expenses. True Financial Freedom allows you to do whatever you are happy to do whenever you want. There is no age limit for…
In order to escape your 9 to 5 life you have to make changes in your life. The changes are the basics of financial freedom. This is not a short-term change; they are life long. The basics start with the mind-set and some key principles. Be Flexible in Mindset and be Determined Keep an open mind, read…
Passive Income is regular income where an individual is not actively involved in deriving the income or spends very little time to maintain the income. Wages and salary are not passive income; they stop when you stop going to work unlike passive income. Good examples of Passive Income are: Income from rental property Income from…
What is Cash Flow? Cash Flow is the movement of cash from an investment, business or any other activity that produces cash. Positive cash flow is good and negative is bad. Why Cash Flow is like Oxygen? The moment we run out of oxygen, we are done with our lives. Cash Flow is the same…
This blog post is based on the book “Real Estate Riches” by Dolf De Roos, where Dolf dives in to show us what to invest in: Property or Stocks using 4 simple yet powerful questions. These questions will help us get to our answer. Where to Invest 100k? In Real Estate or Stocks. For simplicity…
Traditionally, new property investors start by investing in residential property as it is easy to understand. Investors also like the idea of getting in to a residential real estate deal with less money upfront compared to commercial property. But what is the best way to invest money in property – residential or commercial? Commercial Real…
I am a 33-year-old, IT project manager who hates his job. I don’t know how I got into this field and the rat race, the continuous cycle of the 9 to 5. All I knew was, I needed a change and so did my family – my beautiful daughter and my wife who is an…