I have completed reading Rich Woman by Kim Kiyosaki for the first time. I will be reading it again shortly as I embark on my renewed search for passive income. I have found the book inspiring, thought provoking and a kick up the rear end, despite all that is going on around me, with the Pay Off Your Mortgage Challenge, the new I Believe site & Blog and the addition of Facebook into my working day.
Kim Kiyosaki describes how to estimate your wealth factor and re-evaluates the value on what is conceived to be declared as financial freedom. Financial freedom is actually achieved through passive income either matching or exceeding your average outgoings on a monthly basis. Yes that really is the sum total of financial freedom.
Not only does this bring most people’s financial freedom amount into perspective, which in my eyes is completely achievable for anybody wishing to seek their own security in life, but positively makes you want to pursue avenues of passive income, no matter how small at first in search of the seemingly elusive, yet desirable and attainable financial freedom.
I will add some sources of residual and passive income to this site over the coming weeks and months to inspire people, especially women that this is achievable right now.
