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RE: How Much Money Do People Need To Feel Safe? 💵💵💵

in #freedom7 years ago (edited)

I think you are addressing a great point. It is important to be efficient here and the end goal is happiness not the actual $ amount.

That said for me it seems to be good to have a goal and think about how to get there.

As an example financial freedom would create very much happiness. That would mean passive income of x per year. We can now think of how much overall investment or business income one must have to achieve such passive income.

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Sure, 'happiness' might be the overall purpose. However, everybody would define that in a different way.

While some might be absolutely satisfied with a simple and basic life, not needing to enjoy any kind of material status, others would need these possessions to feel comfortable.

What is a 'passive income'? 😉 Not working while the money comes in?

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