Structuring Your Life so You Don't Have to Work
Published by T Harv Eker
T. Harv Eker here. We’re almost at the end of Uncovering The Secrets To Your New Financial Blueprint.
Here’s the secret most people want to know—whether they realize it or not—but have trouble putting into action:
Secret #10: Structuring Your Life So You Don’t Have to Work
This isn’t about encouraging laziness. This is about finding ways to take care of your cost of living, multiplying your financial assets, then freeing yourself up to do the things you want to do.
You do this with business and investment vehicles. Set up this system once, and it just pays out passive income day in and day out.
There are two elements to structuring your life this way:
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The Big Goose
Think of this Golden Goose as the ability to create and leverage your assets. You grow your money by investing: your 401k, your IRA or RSP—the money you save over your lifetime to use in retirement.
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The Little Geese
These are your passive income geese. The golden eggs they lay are smaller, but there can be lots of them. They’re reliable and consistent. Lots of little golden eggs can add up to a mountain of gold!
You need to master both of these areas—the Big Goose (the investments) and the Little Geese (passive income sources)—in order to truly secure your financial freedom.
Feed your geese consistently over time, and they will take care of you for the rest of your life. Then you can focus on the work of your choosing, and not because you have to do it.
The question you really need to ask yourself is: Do you want to spend your time and energy feeding someone else’s Golden Goose, or your own?
Only one of these will make you financially free!
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Next: How is Secret #10 Working For You?