Instead of buying golf clubs, invest that money in assets generating $1,500 a month. Let the cash flow pay for your lifestyle and fund more investments, turning one purchase into lasting income.
Chapters
Now what if rather than him taking the $1,500 and going buying those golf clubs, went and took that, bought an asset that threw off $1,500 a month, bought the golf clubs, but now the next month he has another $1,500 and another and another and another, right? That changes the whole dynamic of what having your passive income pay for your lifestyle. Because if you design it and have enough discipline to go, wait a sec, I'm going to go buy an asset that's going to pay for this, but then understand it's going to continue to give you cash flow so that you can keep going and buying more toys or making a difference, whatever it is. You designed it for this one thing, but now it keeps— it's the gift that keeps on giving. Yeah.