Legally there are only 7 ways to earn money. They are: 1. Salaried Income 2. Self Employed | Profit Income 3. Interest Income 4. Rental Income 5. Capital Gains Income 6. Dividend Income 7. Royalty Income AI Genarated Image We will discuss all 7 today, but the most important takeaway is that these are not…
Countless articles have been written about retirement, but nobody has explained what really happens to your income post-retirement. Trust me, I have read more than 20 articles, but never got the answer to this crucial question. Let me break the suspense — your income does not stop even after retiring. People think when you withdraw from your…
FIRE — Financially Independent, Retire Early! was a movement started in the 90s after the authors Vicki Robin and Joe Dominguez popularized it in their book — “Your Money or Your Life”. The concept is to save/invest 70% of your earnings, meet the consumption demands with the 30%, and then retire rich in 7 to 10 years. It may…
