YOU THINK YOU CAN AFFORD NETFLIX? THIS WEALTH EXPERT SAYS CHECK YOUR INVESTMENT PORTFOLIO FIRST
https://media.zenfs.com/en/benzinga_79/b098e6e45b4314abf7b61c9bd3ea8ec5
✍️ Financial expert Andrei Jikh argues that people can't afford recurring costs like subscription services unless they have a significant amount of invested capital, and that eliminating these costs can be a faster path to financial freedom.
👉 The 4% rule is a framework for understanding affordability in terms of passive income from investments. 👉 Recurring costs like subscription services can't be truly 'affordable' unless they are covered by passive income from investments. 👉 Eliminating recurring costs can be a faster path to financial freedom than building a larger investment portfolio. 👉 Delayed gratification is key to achieving financial freedom. 👉 Redefining desire and ownership is important for achieving financial freedom.
-- #AndreiJikh #GrahamStephan #JackSelby #finance
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