Page 9 - SixMistakesSuccessfulWomenMake22
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Who would you rather be? Person A, the paper wealth millionaire, or Person B, the
zero net worth cash flowing retiree who has more than enough cash left over after
expenses and taxes to enjoy retirement?
It’s pretty simple: begin with the end in mind. Many people try to accumulate
golden eggs or paper wealth, but these same people, when asked whether they
would rather have the goose that lays the golden eggs or the golden eggs, will
choose the goose every single time. So why not buy as many geese (contractual
wealth) as possible?
*Hypothetical example used strictly for illustrative purposes.
