T. Harv Eker explains that he uses his active income to invest in opportunities that produce passive income now or in the future. He emphasizes prioritizing cash flow (daily/regular deposits into his bank) over merely accumulating money in the bank, and advocates value-conscious spending to support a desirable lifestyle while ensuring ongoing incoming cash flow.
I use my active income to put money into situations that will derive me passive income either now or in the future. Does that make sense to you? So you can put your money into things that appreciate and go for it. That's great. Or. And. Or you can put your money into things that create cash flow and passive income. Good or good are good. I hope you're getting my drift here, because this is what you want. Our. Our gold, our financial God is not piles of money sitting in the bank. Who gives a shit, right? You can't do any of that. I want money coming in to my bank literally every day. And it comes in probably from different situations, probably every week or two. I have piles of money coming into my bank that I can use, that I can spend because more is coming in next month. Does that make sense? So it's spending on now. Do I have a pretty nice lifestyle? I do. Am I frugal? I wouldn't say I'm frugal, but I'm very value conscious. So I'm going to always be a little careful with my money because it's ingrained in me and I believe that's what you should be too.
