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The Most Challenging Part of Passive Income: Enjoying It: Financial Freedom, #144
The Most Challenging Part of Passive Income: Enjoying It: Financial Freedom, #144
The Most Challenging Part of Passive Income: Enjoying It: Financial Freedom, #144
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The Most Challenging Part of Passive Income: Enjoying It: Financial Freedom, #144

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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!

 

LanguageEnglish
PublisherJoshua King
Release dateApr 26, 2023
ISBN9798223295310
The Most Challenging Part of Passive Income: Enjoying It: Financial Freedom, #144

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    Book preview

    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

    Try Something New -Free PDF Download

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    Also By Joshua King

    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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    1)  PDF of the Month: Don’t Gamble with Retirement 10 (Free 419-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 10 (Free 419-Page PDF)

    10) Everything!: The Biggest Book on Passive Income Ever 3! (book)(Web Edition)(Art Edition)

    11) Writer’s Comparison: M1 Macbook Air vs. GalaxyBook3 Pro 360

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    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: Fundrise vs. US Treasuries (Join Fundrise)

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    20) For more detailed analysis, join my Youtube: MFI YouTube Channel

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    PDF of the Month: Don’t Gamble with Retirement 10 (Free 419-Page PDF)

    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

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