I asked my friend why he works so hard, he makes me feel ashamed that I spend my days loitering while he goes out and about working outdoors in the heat. Both of us work for ourselves so it's a lot tougher than people who are employed and who receive a fixed pay cheque at the end of the month. People who are self-employed, on the other hand, have to be on their toes all the time.
Still, like I said, he works a lot harder than I. So I asked him what's his motivation so that I could emulate, if I could. He said that he is seeking financial freedom. Right now, I would say that he has a comfortable income level but if he stops working due to whatever reason, his income will be drastically affected too.
What my friend aims for is to be able to maintain this current lifestyle even though he is not working. His income may be slightly lower but he hopes to still be able to enjoy the little luxuries in life apart from taking care of daily expenses. This is a great motivational factor and exactly why I am looking to create streams of residual income, so far unsuccessfully, unfortunately!
Still, like I said, he works a lot harder than I. So I asked him what's his motivation so that I could emulate, if I could. He said that he is seeking financial freedom. Right now, I would say that he has a comfortable income level but if he stops working due to whatever reason, his income will be drastically affected too.
What my friend aims for is to be able to maintain this current lifestyle even though he is not working. His income may be slightly lower but he hopes to still be able to enjoy the little luxuries in life apart from taking care of daily expenses. This is a great motivational factor and exactly why I am looking to create streams of residual income, so far unsuccessfully, unfortunately!
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