Todd Miller, best-selling author of ENRICH, says that these all provide the wrong types of financial security, promoting capital gains rather than cash flow. Capital gains, while nice in the short term, don't produce the long-term financial stability of a reliable cash flow. COVID has taught us that even our corporate paychecks are no longer a reliable source of income.
Years ago, Todd decided to stop relying on his paycheck and engineered independent income streams that allowed him to quit his job and live the life he wanted. He stopped banking on situational gains (like a pay raise or fast bump in the markets) and rejected conventional retirement advice (like the 4% rule, which rests on a negative scarcity mindset) and now he's on a mission to help others flip the script for themselves.
During the show we discuss:
● Why should professionals accelerate – even if they have a “good job”
● Why most people are miserable, and how to live the life you want
● The 3 places professionals get stuck in their search to be happy
● What time poverty is and how to not let it control your life
● Ways to future proof and build your financial security
● Why you must create a written financial plan now
● How to incorporate these ideas into our lives
● Challenges toward financial independence
● What financial security mean
● The key to enrich your life
● What financial fitness is
Show resources:
www.enrich101.com