Fri, 16 October 2015
#53: Your income and cash flow tell you about yourself and your allocation.
What proportions are active, earned, and passive income? Where are you vulnerable?
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Listen to this week’s show and learn:
02:45 Most people’s #1 cash flow source is their work-a-day job. But they’re trading their time for dollars.
04:02 Here’s how to best determine your cash flow. Cash flow is simply income minus expenses.
05:54 Current U.S. median household income, Top 10%, and Top 1%.
10:02 You need cash to function in an economy, not equity.
11:32 How you can have a negative net worth, yet be financially free.
15:25 Trace your personal cash flow to different industry sectors.
22:04 “Budget” is almost a swear word.
25:07 Turning equity into cash flow.
28:14 “Retirement calculators” don’t work for real estate investors.
32:12 The Outsourcing Myth.
MidSouthHomeBuyers.com or call (901) 217-4663 for Top-Notch Turnkey Rental Properties.
NoradaRealEstate.com or call (800) 611-3060. Your Premier Source for Turnkey Cash-Flow Investment Property.
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