What is Your Net Worth?: How Long Can You Survive Without a Job?: Financial Freedom, #88
By Joshua King
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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!
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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
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MILITARY FAMILY INVESTING
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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
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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)
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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