| Own 2 triplexes. Generating $500/month net positive cashflow after all expenses, mortgages and get to live for free. Can retire today and literally be a bum with a $500/month paycheck where the buildings will pay themselves down and be worth over 1.5 million within 20 years. Instead, I'm choosing to continue working and buy a larger farm/acreage to go off grid and raise animals. Other passive income: - small app subscription business making $250/month - dividend yielding stocks producing about $40/month - solar array equipment that produces $200/month My net worth is only about $150k today.... but will steadily climb to about 1.5 Million within 20 years from doing basically nothing. This is the difference between Rich vs. Wealth. The Rich spend and have no systems in place to generate income (ie: they have money) The Wealthy do not have to work, and have systems in place to generate passive income. I like to think that I'm well on my way to being Wealthy as opposed to my little 'w' wealthy today. Ps. - I drive 10+ year old cars in entire life (never spend more than $4k on a car) - Buy everything on sale, if not used - wear basic clothes |