My
money works for me. If I spend less than it earns, on average and in the
long-term, then I don’t need to work for money. This means I can dedicate my
time and energy to things that are hard/undesirable to make money out of. Like reading,
writing, listening, learning, and relationship and community building. My Engine
is invested in three main pots, and I have a Cash Buffer. Two pots are Global
Equity Funds from the last two companies I worked at. The third is a portfolio
of about 20 Global Companies I selected myself. I top up the Cash Buffer when
it gets low, and that is where I “draw a salary” from. If I start worrying
about the sustainability of this plan, then I need to think of ways to top it
up. I need to work for money if I am regularly spending more than my money
makes. If the outs swallow the ins. If I can live relatively simply, then I can
focus on my dream of building a Community Wealth Fund that pays 150 Universal
Basic Incomes.
Claude Monet
1 comment:
I pay for my car, rent, student loans etc.so there isn't much left afterwards. Isn't it crazy that I'm the one that can't pursue beautiful things like writing?
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