When I first read the book “Rich Dad Poor Dad,” it changed my financial goals drastically. I went from trying to build up a nest egg for retirement to pursuing passive income. To this day, I believe that it is a worth while effort, and I continue to make that my financial goal.
We know that once passive income equals our living expenses, we are financially independent. At that point, we can quit our J.O.B. and do the things we really want. Even if it takes ten years to achieve, it’s worth it.
Passive Income. It’s what we want. It’s good.
But no one ever told me there is a dark side to passive income.
Here are some lessons learned over the years.
Watch the video and leave your comments or questions below.