Let’s use an example. Let’s say I have cash flow from my asset column
of $1,000 a month. And I have monthly expenses of $2,000. What is my
wealth?
Let’s go back to Buckminster Fuller’s definition. Using his definition,
how many days forward can I survive? Assuming a 30-day month, I have
enough cash flow for half a month.
When I achieve $2,000 a month cash flow from my assets, then I will be
wealthy.
So while I’m not yet rich, I am wealthy. I now have income generated
from assets each month that fully cover my monthly expenses. If I want to
increase my expenses, I first must increase my cash flow to maintain this
level of wealth. Also note that it is at this point that I’m no longer
dependent on my wages. I have focused on, and been successful in, building
an asset column that has made me financially independent. If I quit my job
today, I would be able to cover my monthly expenses with the cash flow
from my assets.
My next goal would be to have the excess cash flow from my assets
reinvested into the asset column. The more money that goes into my asset
column, the more my asset column grows. The more my assets grow, the
more my cash flow grows. And as long as I keep my expenses less than the
cash flow from these assets, I grow richer with more and more income from
sources other than my physical labor.
As this reinvestment process continues, I am well on my way to
becoming rich. Just remember this simple observation:
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