A short excerpt from a YouTube video arguing that if you replace your monthly living expenses with income from income-producing assets (e.g., receiving $10k–$12k/month), you attain financial freedom—you no longer must work to cover expenses and instead work by choice. The speaker uses a concrete $10,000/month example to illustrate the concept.
Well, if you replace your expenses now, if you cost you ten grand a month to live on, and you start getting 10, 11, 12,000amonth, guess what? That's. That's not real using. So it's like, okay, I can go to work and I can make my. I can pay my $10,000 in expenses, or I've got $10,000 coming in from income producing assets, so I don't really have to work, but I'm working because I want to.
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