Building streams of income through performing assets like real estate is a sustainable way to create wealth, much better than trading your hours for dollars. If you want to replace your salary with rental properties, this post is for you. This isn’t just a theory; it’s the exact formula I used to leave my day job, and I’ve seen many other investors succeed with it too.
For years, I worked as a news anchor at a major network—a job that many might consider a dream. But the 3 AM wake-up calls and the stress of contract renewals took their toll. Despite a high salary, I often worried about bills and job security. I realized that to achieve financial freedom, my money needed to work for me.
I created the Freedom Cheat Sheet to determine how much passive income I needed to cover my monthly expenses. This simple, actionable plan changed everything for me, and it can do the same for you. You can download it for free at morrisinvest.com/freedom.
Here’s why the freedom number formula is so effective: it’s tailored to your specific situation. Start by calculating your freedom number, which is the passive income you need to cover your expenses. The cheat sheet will guide you through understanding your monthly budget and padding it for unexpected costs.
Keep your freedom number front and center. Write it down, put it on your mirror, or set it as your desktop background. Achieving financial freedom takes time, so stay patient and focused.
Continue learning and building your financial knowledge. Get support from a spouse, mentor, or local investors group. At Morris Invest, we guide investors through this process, helping them develop plans to reach their freedom numbers.
If you want to start your journey to financial freedom, download the Freedom Cheat Sheet and calculate your number. Then, visit morrisinvest.com and schedule a call. We’ll help you develop a plan tailored to your goals.
Building your financial education is key. Check out our next video on creative financing secrets the big banks won’t tell you about. Thanks for reading, and see you next time!
