Investment: If you lost your Job Tomorrow, How long you can survive Financially

If you lost your Job Tomorrow, How long you can survive Financially

According to Robert Kiyosaki :

What is Wealth : " The number of days your can survive without physically working and Still maintaining your standard of living"

Simple Formula to Check : If you lost your Job Tomorrow, How long you can survive Financially :

Formula = A/E-PI

A = Liquid Asset

E = Expenses

PI = Passive Income or Other Source of Income

Real Time Example

Liquid Asset = 100,000

Expenses = 30,000

Passive / Other Source of Income = 10,000

Real Time Example = 100,000/30,000-10,000

5 Months on the above scenario

Consider you don't have any other source of income

Real Time Example = 100,000/3000

Just 3 Months on the above scenario

According to Warren Buffet :

" If you don't find a way to make money while you sleep, you will work until you die"

" Never depend on one income, make investment to create a second source"

Top 10 Passive Income Ideas :

If you lost your Job Tomorrow, How long you can survive Financially, The best solution

"Financially Literacy" and Plan your future with Passive Income that will take you "Financially Independent"

Investment