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TMBA 655: Deciding How To ‘Buy This, Not That’

Tropical MBA: Entrepreneurship & Founder Lifestyle

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Passive Income Is a Key to Financial Freedom

You can go back to the four % rule, which is 25 ti expenses. If you have 25 times expenses, people say they're financially independent. Using a multiple of income is wiser than expenses, cause you can't cheat that way. i think once you hit about ten times your gross annual income, you start really feeling that momentum and that financial independence. Once you're at about 20 times, that's when you can really take it down a notch.

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