Passive Income Series
Pockets on Empty?
Tier I: Intro to Passive Income
The easiest way to start building passive income is to invest large sums of money, but the average American does not have $50,000 cash waiting to be invested. The "Introduction to Passive Income" focuses on opportunities that do not require big money or any money for that matter to start collecting passive income.
GOAL: Save enough money to get on the Road to Passive Income.
Oh, so we got some money huh...
Tier II: Road to Passive Income
Having savings to invest in passive income opportunities increases our options and ability to push towards exceeding monthly expenses.
The "Road to Passive Income" focuses on opportunities that require cash to enter. This is where we put our dollars to work.
GOAL: Let our money make more money!
Our legacy serves society!
Tier III: Building Passive Income
The first million is always the hardest. If we're sitting on a million we need to think "billion". Even if we never envisioned ourselves as billionaires; we can still aim as high as we can and utilize our success to make positive change. Sleeping on ourselves ultimately results in stagnant communities.
"Building Passive Income" focuses on accelerating wealth for future generations. We don't just invest to aggressively retire ourselves. We invest to create a legacy beyond our lifetime.
GOAL: Create systems for future generations to leverage.