Too many people focus on hoping the stock prices will go up next day, and the house prices will be much higher when they sell, they often lose track of what’s really important – your cash flow every month. What if the prices go down? Then you’ll be in trouble.

An interesting post; I like how you’ve applied a business finance function to personal finance. Your post explains the concept very clearly, thank you for sharing.

Regards

Paul

I’m doing well thanks! I totally agree that there should be a personal finance course offered at every university. It only takes few simple actions and the understanding of psychology to get the credit card debt under control.

Unfortunately, the school teaches everything but money. That’s why even senior executives who earn more than 100k still have trouble paying their bills. There’s a lot of work to be done and we’re all doing our best to educate others about the missing pieces.

And I love your perfect day! I thought about lying on the beach and hanging out too, maybe it’s my second perfect day. I plan to go to Miami few months later to enjoy that feeling.

Good luck on your passive income venture!

How are you? Honestly, I wish they a personal finance course offered at my University at the time. There are so many college students signing up for credit cards and racking up debt.

Anyways, you made some good points of having clarity and setting goals.

However, I am simple person, but a perfect day for me would be lying on the beach, swimming and hanging out, and in the back of my mind, I know I am collecting passive income.

Good stuff,

-Brian

It’s so important to know exactly what you really want out of your life, otherwise you might just end up with something that you didn’t really want in the first place. The perfect day would help to crystalize any idea in our head and make it black and white – it’s much easier to achieve goals that we can see.

Thanks for dropping by!

You’ve raised some very good points in your post. I love your perfect day. I like the idea of identifying your perfect day and working towards the finance to support it.

I love the following that you said;

“Just go out there and dominate your money, and don’t let money drag you to work and force you to wake up. Let your passion instead of the alarm clock drive you away from your bed in the morning instead.”

Thank you for sharing this; I’ll be back for more.

Regards

Paul

I just checked out your blog and followed you on twitter, there’s another site that is similar to yours called “Income Diary”. Maybe we can hang out there too!