Is Cash Flow a Better Indicator of Wealth?
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In today's episode, Tom shares practical insights for reshaping your wealth journey. Discover the importance of generating cash flow and explore tips for investing in yourself, diversifying income sources, and optimizing tax strategies. Unlock a prosperous financial future with a fresh perspective on wealth-building.
Highlights 01:23 The necessity of money for financial freedom and quality of life 04:09 Tom’s personal views on the need for combining long-term investing with living in the present and generating immediate cash flow 05:50 How you can buy back more of your time using your assets 07:12 The value of investing in developing new skills and areas of knowledge 11:50 Benefits and challenges of direct real estate ownership 13:07 The importance of efficient tax planning to keep more of your wealth 15:09 The shift in mindset from building net worth to creating income streams
Episode Resources
- Connect with Tom Suvansri
- https://perennialpride.com/
- https://www.facebook.com/perennialpride/
- https://twitter.com/perennialpride
- https://www.youtube.com/channel/UC6N7YVoDx7BSRdiYRRb1BiA
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133 episodes