It's the goal of amassing
enough passive streams of income (either from returns on stocks / bonds, rental properties, etc.) so that you can replace your income from your «normal» job eventually.
The interesting thing is that by purchasing a smaller house and aggressively paying off the mortgage, it gave them the financial freedom to use a smaller capital base and
other passive streams of income to technically have made work optional.
These tokens can be rented out when not in use by the owner, allowing for
a passive stream of income.
By the time you've paid off your mortgage, you will have built quite a nice nest egg, which you can apply toward investments or retirement, or turn into a rental property to create
a passive stream of income.
I've taken the course myself and saw an uptick in affiliate sales almost immediately, which is why I highly recommend it to bloggers who are interested in affiliate marketing and
passive streams of income.
Our favourite form on this site is
the passive stream of income we receive from dividends.
One of the single best things I did in my personal financial life was commit to build
a passive stream of income through dividends.
About 6 months ago I began my journey to establish
a passive stream of income and build a portfolio of rental properties.
By the time you've paid off your mortgage, you will have built quite a nice nest egg, which you can apply toward investments or retirement, or turn into a rental property to create
a passive stream of income.