The Power of Passive Income!
Catherine Bell
President @ Titan Impact Group LLC | Leading Families to Financial Independence with Impactful Investment Opportunities
The Power of Passive Income!
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Catherine’s Corner:
Last week I had the honor and privilege of going to Philadelphia and teaching financial literacy to a group of 60 inner-city youth.
The main point that I repetitiously taught them was: the purpose of earned income is to buy assets that provide passive income.
Their passive income THEN pays for their lifestyle as well as more income producing assets.
-Catherine Bell (President)?
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Steve’s Thoughts:
Last week when we were in Philly I had the opportunity to “anonymously“ take some of the historical tours and reminisce about my first time in Philly.
I say “anonymously” because I now own many of the documents and artifacts that those entire tours are made up for.
I got to be a fly on the wall and observe “newbies“ genuine reactions to the history of which I have the honor and privilege of being a curator of.
There was a time when I would have to wait a year to save up for a trip like the one that we were on.
It would take months of planning every detail as well as a child tax credit check.
I was working hard living paycheck to paycheck and spending all of my money just to survive.
Investing and having passive streams of income was not anywhere near my wheelhouse of thought.
-Steve Wahl (Mobile Home Park Mogul and All Around Good Guy)