One of the most important things ive learned over the last 10 years investing is that people LOVE it when they make money, they spend and spend, they buy new things, new cars, vacations, spend money on their family and then one day, when the ride is over they find themslves with NOTHING left
its great to spend money on people and things that you have fun with , but the main goal has to ALWAYS buy investments that will give you some form of income each month, because even when the blog is done, and the money from that dwindles up, youll still have your investments to back up your lifestyle
ive met people making 100,000+ a year, they thought they would have their jobs and lifestyles forever, they lost their jobs and are now BROKE, and i dont mean like.... oh i have some money saved up, i mean like vanilla ice + MC Hammer broke
Build your passive income streams kids, and then have some fun
You are right, most people think that their jobs are secure and will never have to worry about money. And to be honest the kids these days do not know how to save money. Most of them depend on Credit Cards and loans and do not even know the basics of banking and lending. Which leads them to financial crisis soon enough.
What are you favorite passive income streams? Right now SP is my best one, because it is just so easy to save it up.
Yeah, I have a feeling that is going to be a universal favorite around here.
Man you said it! Excellent comment!
People live in the illusion that money lasts for ever! lol