What is Your Net Worth?: How Long Can You Survive Without a Job?: Financial Freedom, #88
By Joshua King
Rating: 0 out of 5 stars
()
About this ebook
Do you strive to become a net-worth millionaire? What does having a million dollars in equity do for you? How about $1 million in your 401K?
In reality, you live on cash flow. Therefore, it's not about the size of your nest egg; it's about how much money it produces.
How much recurring monthly income would you have if you lost your job? That is the actual test of passive income.
Life is about collecting income-producing assets, like dividend stocks and rental homes. Once you create enough passive income streams, you can retire and focus on becoming rich. Good Luck!
Read more from Joshua King
Suberp Investing
Related to What is Your Net Worth?
Titles in the series (100)
Spend Smart: Financial Freedom, #3 Rating: 0 out of 5 stars0 ratingsEmergency Cash: How Much Do You Need in an Emergency Fund?: Financial Freedom, #2 Rating: 0 out of 5 stars0 ratingsDebt-Free Society: Beat Wedding Debt: Financial Freedom, #6 Rating: 0 out of 5 stars0 ratingsThe 1-Page Budgeting Plan: Financial Freedom, #4 Rating: 0 out of 5 stars0 ratingsInvesting for Interest 8: The Magic of CD Ladders: Financial Freedom, #8 Rating: 0 out of 5 stars0 ratingsYour 401K vs. A Recession: Unlock Your Money & Your Freedom: Financial Freedom, #3 Rating: 0 out of 5 stars0 ratingsMinimalist Budget: Financial Freedom, #1 Rating: 4 out of 5 stars4/5Budget Like a Pro: Financial Freedom, #2 Rating: 0 out of 5 stars0 ratingsBuy the Dip! The Magic of Averaging Down: Financial Freedom, #10 Rating: 0 out of 5 stars0 ratingsShould You Trade on Margin?: NO: Financial Freedom, #21 Rating: 0 out of 5 stars0 ratingsConsulting in the Metaverse: Be in Multiple Places at Once: Financial Freedom, #9 Rating: 0 out of 5 stars0 ratingsRetirement Planning for the Average Person 4: Build a Better Tomorrow Today: Financial Freedom, #5 Rating: 0 out of 5 stars0 ratingsStart a Food Truck Business towards Passive Income: Financial Freedom, #15 Rating: 1 out of 5 stars1/5The Stock Market: Is Not A Wealth Generator: Financial Freedom, #17 Rating: 0 out of 5 stars0 ratingsThe Magic of Leverage: Use Carefully to Accelerate Your Gains: Financial Freedom, #12 Rating: 0 out of 5 stars0 ratingsAdvertising in the Metaverse: Financial Freedom, #13 Rating: 0 out of 5 stars0 ratingsIs $75,000 A Year: The Magic Happiness Number?: Financial Freedom, #16 Rating: 0 out of 5 stars0 ratingsJoin Up!: Time to Sign Up for the Military: Financial Freedom, #4 Rating: 0 out of 5 stars0 ratingsSmall City: Passive Income. Great Retirement.: Financial Freedom, #14 Rating: 0 out of 5 stars0 ratingsPassive Income for Everyone!: Financial Freedom, #29 Rating: 0 out of 5 stars0 ratingsStart A Tutoring Business Towards Passive Income: Financial Freedom, #22 Rating: 0 out of 5 stars0 ratingsMy Recession Investing Plan: Financial Freedom, #50 Rating: 0 out of 5 stars0 ratingsPlay Video Games for Passive Income: Financial Freedom, #7 Rating: 0 out of 5 stars0 ratingsThe Emotional Roller Coaster of Debt: Stress. Anxiety. Fear.: Financial Freedom, #24 Rating: 0 out of 5 stars0 ratingsHome Cash: House Hacking vs. Online Business: Financial Freedom, #19 Rating: 0 out of 5 stars0 ratingsSuccessful People Need the Most Help: Financial Freedom, #25 Rating: 0 out of 5 stars0 ratingsBond Investing in Your 30s: Financial Freedom, #63 Rating: 0 out of 5 stars0 ratingsCoaching in the Metaverse: Assisting Your Clients with Fitness, Health, Wealth, and Life: Financial Freedom, #11 Rating: 0 out of 5 stars0 ratingsBonds 4 Life: I’m Buying 30-Year Treasury Bonds at 4%: Financial Freedom, #36 Rating: 0 out of 5 stars0 ratings
Related ebooks
Real Estate Investing in Your 20s: MFI Series1, #49 Rating: 0 out of 5 stars0 ratingsSeries “I” Bonds vs Roth IRAs: Emergency Cash vs Retirement Funds: MFI Series1, #181 Rating: 0 out of 5 stars0 ratingsThe Stock Market: Is Not A Wealth Generator: Financial Freedom, #17 Rating: 0 out of 5 stars0 ratingsThe Holistic Wealth Strategy: A Framework for Building Legacy Wealth and Unlimited Freedom to Live an Extraordinary Life Rating: 0 out of 5 stars0 ratingsYour Income Should Increase Every Year 2: Financial Freedom, #151 Rating: 0 out of 5 stars0 ratingsTime is Money #2: Save By Adding Value in the Present: Financial Freedom, #117 Rating: 0 out of 5 stars0 ratingsPassive Income for Everyone!: Financial Freedom, #29 Rating: 0 out of 5 stars0 ratingsWhy Real Estate is IDEAL- Income: Sweet Rental Income for Passive Income Living: MFI Series1, #33 Rating: 0 out of 5 stars0 ratingsInvesting for Interest 8: The Magic of CD Ladders: Financial Freedom, #8 Rating: 0 out of 5 stars0 ratingsThe Average Millionaire: Has Seven Streams of Income:: MFI Series1, #8 Rating: 0 out of 5 stars0 ratingsHow to Grow a Money Tree for Financial Freedom Rating: 4 out of 5 stars4/5Simple Path to Wealth: Your Guide to Financial Freedom Rating: 4 out of 5 stars4/5Investing in Yourself: Financial Riches for a Lifetime and Beyond Rating: 5 out of 5 stars5/5We Make $650/Month in Passive Income: MFI Series1, #125 Rating: 0 out of 5 stars0 ratingsSleep Easy: Make Money 24 Hours a Day: MFI Series1, #81 Rating: 0 out of 5 stars0 ratingsSmall City: Passive Income. Great Retirement.: Financial Freedom, #14 Rating: 0 out of 5 stars0 ratingsIncome to the Moon: Income Investing Your Way to Retirement: Financial Freedom, #84 Rating: 0 out of 5 stars0 ratingsMoney Planning and Positivity: A Guide to a Better Financial Life Rating: 0 out of 5 stars0 ratingsThe Magic of Income Investing 2: Your Household Runs on Income: Financial Freedom, #149 Rating: 0 out of 5 stars0 ratingsBecome a Real Estate Investor BEFORE: Buying Your First Home: MFI Series1, #133 Rating: 0 out of 5 stars0 ratingsThe Financial Planning Puzzle Rating: 0 out of 5 stars0 ratingsSaving & Investing with $1,000 Per Month: Financial Freedom, #159 Rating: 0 out of 5 stars0 ratingsMillionaire Map Rating: 0 out of 5 stars0 ratingsBond Investing in Your 40s: Financial Freedom, #66 Rating: 0 out of 5 stars0 ratingsPutting Your Money to Work for You on Your Way to Building Wealth Rating: 0 out of 5 stars0 ratingsPursue Your Creative Career: with Dividends as a Backdrop: Financial Freedom, #192 Rating: 0 out of 5 stars0 ratingsMoney, You Got This: Easy to Implement Money Strategies So You Can Take Control of Your Business Finances and Create Your Dream Life Rating: 0 out of 5 stars0 ratingsBuilding Wealth and Financial Freedom Rating: 0 out of 5 stars0 ratings
Budgeting For You
Personal Finance for Beginners - A Simple Guide to Take Control of Your Financial Situation Rating: 5 out of 5 stars5/5Fundamentals of Project Management Rating: 4 out of 5 stars4/5How to Pay Zero Taxes, 2020-2021: Your Guide to Every Tax Break the IRS Allows Rating: 0 out of 5 stars0 ratingsHow To Budget And Manage Your Money In 7 Simple Steps Rating: 4 out of 5 stars4/5QuickBooks: A Beginner’s Guide to Bookkeeping and Accounting for Small Businesses Rating: 0 out of 5 stars0 ratingsThe E-Myth Contractor: Why Most Contractors' Businesses Don't Work and What to Do About It Rating: 4 out of 5 stars4/530-Day Kickass Single Mom Money Makeover: Get Your Financial Act Together, Finally and Forever! Rating: 0 out of 5 stars0 ratingsQuiet Leadership: Six Steps to Transforming Performance at Work Rating: 4 out of 5 stars4/5Success Runs in Our Race: The Complete Guide to Effective Networking in the Black Community Rating: 5 out of 5 stars5/5Dirty Little Secrets: What the Credit Reporting Agencies Won't Tell You Rating: 4 out of 5 stars4/5Downsizing For Dummies Rating: 3 out of 5 stars3/5So You Are Broke: Now What? Rating: 0 out of 5 stars0 ratingsCheap is Good Free is Better Rating: 5 out of 5 stars5/5Life Insurance Dirty Little Secrets for Consumers Revealed! Rating: 5 out of 5 stars5/5Financial Planning & Analysis and Performance Management Rating: 3 out of 5 stars3/5500 Great Ways to Save For Dummies Rating: 0 out of 5 stars0 ratingsThe Military Money Manual: A Practical Guide to Financial Freedom Rating: 5 out of 5 stars5/5Bookkeeping Made Simple: Essential Techniques for Financial Success Rating: 0 out of 5 stars0 ratingsCredit Repair: Make a Plan, Improve Your Credit, Avoid Scams Rating: 5 out of 5 stars5/5Budgeting for Non-Budgeters: A Simple Budget for Those Who Don't Like Budgeting Rating: 0 out of 5 stars0 ratingsWinning Every Day: The Game Plan for Success Rating: 4 out of 5 stars4/5The 1-Page Budgeting Plan: Become Debt Free, Accumulate Savings, Build Wealth Investing, and Live Life on Your Terms Rating: 0 out of 5 stars0 ratingsThe Ultimate 7 Day Financial Fitness Challenge Rating: 5 out of 5 stars5/5
Related podcast episodes
001: Be Wealthy & Smart - Introduction: Learn to have financial freedom from a millionaire mentor 0% found this document useful311: How to Create Financial Security (From Scratch!) and Become “Set for Life” 0% found this document usefulBehind the Scenes Look at How Money Experts Invest Their Money | Brian Portnoy 0% found this document usefulWhat Are Homebuyers Doing About Higher Mortgage Rates Channel 0% found this document useful274: How Managers Can Advance Their Career and Move Up at Work with Sonja Price 0% found this document usefulRecession-Resilient Markets: Why Not Buy Real Estate with Other People's Money? 0% found this document usefulReal Estate Agents: Top 7 Reasons To BE THE LISTING AGENT! 0% found this document usefulInvesting with a Self Directed Retirement Account with Bernard Reisz | The Real Estate Investing Club #45 0% found this document usefulClassic 19: Billionaire Reid Hoffman Lessons Learned 0% found this document usefulHow to Avoid the High Earner, Not Yet Rich Syndrome with Gideon Drucker 0% found this document useful1440: A Prescription Saving Hack, Saving for a Home, Pros/Cons to Financial Advisors 0% found this document useful4 Takeaways from The Intelligent Investor 0% found this document useful144: Do The Impossible with Jason Drees 0% found this document useful
Reviews for What is Your Net Worth?
Rating: 0 out of 5 stars
0 ratings
0 ratings0 reviews
Book preview
What is Your Net Worth? - Joshua King
Table of Contents
MILITARY FAMILY INVESTING | Joshua King | Home of the Free PDF
What is Your Net Worth?
Monthly Dividend Tracker Template: Buy on Etsy
All Right Reserved Military Family Investing | 01 What is Your Net Worth?
02 40-Year Interest-Only Mortgage
03 Rich Dad’s Guide to Investing
04 Rich Dad Poor Dad
05 Rich Dad’s Cashflow Quadrant
06 Debt-Free Society: Beat Automobile Debt
07 The Magic of Cash Flow
08 Santa’s Bringing Dividend Growth Stocks
09 Your 401K is NOT Enough
10 Make Your Primary Residence Your Retirement Plan
Try Something New -Free PDF Download
MILITARY FAMILY INVESTING
Sign up for Joshua King's Mailing List
Also By Joshua King
MILITARY FAMILY INVESTING
Joshua King
Home of the Free PDF
www.militaryfamilyinvesting.com
What is Your Net Worth?
How Long Can You Survive Without a Job?
01 What is Your Net Worth?
02 40-Year Interest-Only Mortgage
03 Rich Dad’s Guide to Investing
04 Rich Dad Poor Dad
05 Rich Dad’s Cashflow Quadrant
06 Debt-Free Society: Beat Automobile Debt
07 The Magic of Cash Flow
08 Santa’s Bringing Dividend Growth Stocks
09 Your 401K is NOT Enough
10 Make Your Primary Residence Your Retirement Plan
Free PDF Download
1) PDF of the Month: Don’t Gamble with Retirement 9 (Free 394-Page PDF)
2) Free PDF Downloads: Download FREE PDF LIST here
3) Financial Mindset: Become CEO of Yourself 2 (Free 196-Page PDF)
4) Retirement Planning: Your Retirement Planning Guide 2 (Free 255-Page PDF)
5) Investing: How We Plan to Retire on Dividends 4 (Free 139-Page PDF)
6) Cryptocurrencies: Counting on Crypto 2 (Free 159-Page PDF)
7) Real Estate: Financial Independence through Real Estate 4 (Free 112-Page PDF)
8) Business: Retire Rich, Retire Comfortable with a Business 4 (Free 149-Page PDF)
9) Latest DGWR: Don’t Gamble with Retirement 9 (Free 394-Page PDF)
10) Everything!: The Biggest Book on Passive Income Ever 3! (book)(Web Edition)(Art Edition)
11) I bought a Kindle Oasis: Check it out on Amazon
12) Read My Books for Free: Free Kindle Books Schedule
13) Book Design: Design Tips on YouTube
14) Kindle Unlimited: Why I Finally Subscribed Kindle Unlimited (learn more)
15) Book Reviews: 505 Takeaways from 101 Books (pdf)
16) Writing: The Publishing Chronicles (Part 1, Part 2, Part 3, Part 4, Part 5)
17) Best REIT- Fundrise: REITs vs. Homeownership (Join Fundrise)
18) Follow us: On our Facebook Page and Join our Facebook Group
19) Support the Channel on Cash App: $Kingmarine1981
20) For more detailed analysis, join my Youtube: MFI YouTube Channel
––––––––
Monthly Dividend Tracker Template: Buy on Etsy
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 What is Your Net Worth?
Net worth has become a status symbol; apparently, if you are a net-worth millionaire, that is supposed to mean something.
However, having a high net worth doesn’t necessarily mean you are wealthy. There is a massive difference between static and functional wealth.
Today, let’s determine your net worth (and mine’s) and see how this money can help us survive without a job.
Start a Fitness Business Toward Passive Income
What is your net worth? Net worth became a big deal because of home equity. Most Americans attribute their net worth to rising house prices.
It was cool to brag about net worth during the 2002-2006 housing price run-up. However, everyone was quiet after the 50% haircut we took in home prices between 2008 and 2010.
My home value plummeted during this time, so I felt the pain of having my net worth destroyed by a house appraisal.
The first step to determining your net worth is writing down all of your assets. I am squarely in the Robert Kiyosaki camp of assets.
Start a Coaching Business Toward Passive Income
Assets versus liabilities. "Rich Dad Poor Dad,
Rich Dad’s Guide to Investing, and
The Cashflow Quadrant" are the most influential books I have read.
An asset is anything that puts money
Enjoying the preview?
Page 1 of 7