Refining Wealth Formula
Read? The most important chart in CW8888's blog to remember on Wealth Formula!!!
Wealth = Asset value + Cash flow!
Where Cash flow = Active Income + Investment Income
Wealthy = Annual Investment Income is greater than living expenses
Wealthy financial independence person has Asset value greater than his lifetime total liabilities and living expenses with annual Investment Income greater than living expenses.
Clearer?
Any more what if. LOL!
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