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- Day 33
Day 33
Daily wisdom. Stay focus. Build Wealth.
How to get rich?
A Note on Wealth
“You're financially independent when your passive income exceeds your burn rate.”
Naval Ravikant
Our Takeaway
Financial independence means earning enough from passive sources (investments, royalties, businesses you own) to cover your living expenses. Achieving this balance frees your time, providing true freedom and autonomy.
Action Step
Calculate your current monthly expenses (your "burn rate").
Clearly define your passive income goal needed to reach financial independence.
Until next time,
Days are long. Years are short.
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