Page 7 - CBI Magazine_May 2021
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CBI MAGAZINE | May 2021
The 5 States are:
1. STRUGGLE
When you cannot survive for 18 months after you stop working. (Generally, these people APPRECIATE VALUE)
2. STABILITY
When you can survive for 3-5 years after you stop working. (Generally, these people have learnt to be debt free and live within a budget)
3. INDEPENDENCE
When you can survive for the rest of your life after you stop working. Your passive income covers ALL your expenses
4. FREEDOM
When you can live your desired lifestyle without working
5. LEGACY
When you are building GENERATIONAL wealth and serving the world around you
Here are some immediate goals to start with and achieve as soon as possible:
1. Become debt free
2. Create passive income equal
to current income
3. Establish a foundation
for multiplying your new passive income another 10x
In the next issue, we’ll go into more detail with each of the goals. For permanent success, a deep understanding and commitment is necessary. However, you should do your own research and attempt to understand the subject matter as best as possible.
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