3 Tips on How to Double Your Money
What you need to do, in order to know just Wealth Activator Code Review how much passive income you need for financial freedom is to determine just how much your desired lifestyle costs. If you want to live just as you do today, this is an easy calculation - you need just about as much as your present income. If you are willing to scale back, you can cut out unnecessary expenses and reduce the amount you need to have.
Of course, if you want a more luxurious lifestyle, you'll need more. Let's start by looking at where you are now. Take a piece of paper and write down all of your current monthly expenses, and be sure to add in the irregular expenses like car registration or property taxes by taking the annual cost and dividing by twelve.
If you're like most people, you'll find that your list doesn't cover nearly everything you spend money on each month. Small expenses, like coffee on your way to work, add up over the period of a month, but you may not be counting these into your total. Go back and figure out where all of your money goes.
