The Most Challenging Part of Passive Income: Enjoying It: Financial Freedom, #144
By Joshua King
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About this ebook
They teach you to work. They teach you to struggle. However, they don't teach you to enjoy life.
Somehow, our lives have become about working for money, buying things, and upgrading to bigger things.
Life is about paying it forward, spending time with loved ones, and growing your community.
If you live below your means, you can quickly retire on passive income. Then you will have time to spend time with whoever you choose.
However, they did not teach you how to be happy. It is hard to believe you can live on passive income (rents, royalties, dividends).
It will take some mental adjustments to enjoy your new lifestyle truly, but you'll get the hang of it! Good Luck!
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The Most Challenging Part of Passive Income - Joshua King
Table of Contents
MILITARY FAMILY INVESTING | Joshua King | Home of the Free PDF
Enjoying It
All Right Reserved Military Family Investing | 01 The Most Challenging Part of Passive Income: Enjoying It
02 Two People, One Budget
03 Why You Need Passive Income
04 How to Buy, Build, and Create Assets
05 Don’t Work Hard for Money
06 3 Steps to Live Entirely on Passive Income
07 Email Money: Rents, Royalties, and Dividends
08 Happiness Isn’t Free 2
09 LBYM: Live Below You Means
10 Earning $1,100 Per Month in Dividends
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MILITARY FAMILY INVESTING
Joshua King
Home of the Free PDF
www.militaryfamilyinvesting.com
––––––––
The Most Challenging Part of Passive Income
Enjoying It
01 The Most Challenging Part of Passive Income: Enjoying It
02 Two People, One Budget
03 Why You Need Passive Income
04 How to Buy, Build, and Create Assets
05 Don’t Work Hard for Money
06 3 Steps to Live Entirely on Passive Income
07 Email Money: Rents, Royalties, and Dividends
08 Happiness Isn’t Free 2
09 LBYM: Live Below You Means
10 Earning $1,100 Per Month in Dividends
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Disclosure: I am not a financial advisor or money manager, and any knowledge is given as guidance and not direct actionable investment advice. I am an Amazon Affiliate. Please research any investment vehicles that are being considered. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.
All Right Reserved Military Family Investing
01 The Most Challenging Part of Passive Income: Enjoying It
They teach you to work. They teach you to struggle. However, they don’t teach you to enjoy life. Once you get your relationships and finances on track, your worldview changes.
The average person believes that you go to work and spend your paycheck. Because work makes you sad, you spend even more than you need—shopping is a coping mechanism.
What is discretionary income? Over the years, you learn how budgeting works. You take your income and subtract your expenses. What is left is your discretionary income.
52 Weeks of the Dividend Challenge
However, this is not your actual discretionary income. Nobody will teach you about passive income, so it may take years to learn the truth.
I was 38 years old when I read about passive income. After understanding passive income, you can determine your real discretionary income.
How does passive income work? Passive income comes from assets. You can buy, build, or create assets that produce money outside of a W-2 job.
Some types of passive income are rents from a house, books, and dividends from stocks. Once you own the asset, it continues to earn money for you—even while you sleep.
Real Estate is a Mindset (Beginner)
It takes a while to convert your mindset and lifestyle to the idea of passive income. They trained us to work hard for money.
It is difficult to believe you can simply wake up and have more money than yesterday. We believe that exchanging time for money is working hard for money.
Living a passive income life. My wife and I are moving into a passive income life that runs on assets. My military retirement is enough to fund our lifestyle entirely.
On top of our military pension, we have passive income from rents, dividends, and royalties. We truly live a blessed lifestyle.
Blogging to Financial Independence
But,
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