06-15-2023, 06:56 AM
They say new life begins at 40. By the time you reach 40, you will already have a stable career, you already have a family, and you are somewhat settled. If you are still under 40 years of age, what are your financial goals before you reach 40 years of age?
Here are my financial goals before I become 40.
Before I reach 40, I would like to build a wealth ecosystem that will give me financial freedom. I have no desire to buy liabilities, therefore, I don’t dream of cars or even a house, however, I would of course want to invest in real estate so that I can collect rental income.
Here are my financial goals before I become 40.
- Live a debt free life (zero debt)
- Have a saving that would be enough for emergency needs
- Eighty percent of total income comes from passive sources
- Have equity on a few companies
- Have investment in stock market, crypto market, and real estate
- Own a few businesses
Before I reach 40, I would like to build a wealth ecosystem that will give me financial freedom. I have no desire to buy liabilities, therefore, I don’t dream of cars or even a house, however, I would of course want to invest in real estate so that I can collect rental income.