True Wealth. By. Shaun Douglas
Cash flow is king. True wealth is to have sufficient income to sustain all your daily activities without experiencing any cash shortages.
True wealth can never be to create a monster of a lifestyle – the hype of the monster that will swallow you the moment you stop feeding it.
Let us argue that you are perfectly happy with the minimum of luxury and on top of that you have more than sufficient cash flow to pay all your bills.
However whether you own a lot or not. If you have to slave away each day to produce the cash flow to keep you adrift, you would not be considered wealthy.
True wealth is to be financially free. It means that you have build a portfolio of income generating assets that provide you with massive passive income, regardless of whether you are able to work or not. This is true wealth and is the kind of wealth that you should value.
Financial freedom is:
- The ability to sustain your chosen lifestyle
- for as long as you may live
- without ever having to work again.
Feel free to post your comments and share. Looking forward to it.
To your unlimited success. Shaun Douglas.