Daily Archives: April 12, 2015

Leverage – the key to wealth creation! 2

The truth is, you can’t create wealth without leverage. Remember that wealth is having enough passive income coming in to cover your lifestyle expenses. As Robert Kiyosaki succinctly puts it “ Wealth is the number of days you can survive without working while also maintaining your lifestyle.” Working income is when we trade our time for money and passive income is where we leverage assets to create income without working. Of course we need to invest some of our time to maintain our passive income but it should be a minimum amount of effort. If you want to build your wealth and stop working one day then you need to create […]