Member-only story
How To Retire Early
Wealth inspiration part 11.
Wisdom can often come in small packages, and wisdom about building wealth is no different.
Today’s quote is again from Warren Buffett, the world’s most successful investor:
“If you don’t find a way to make money while you sleep, you will work until you die.”
I don’t know about you, but I don’t want to work until I die. I don’t even want to work, at least in the conventional sense, until I’m 65.
That is why I have spent the past 10 years learning how to invest and putting that learning into practice by buying assets that help me make money while I sleep.
I’m now in the process of using the wealth I’ve built in those assets to retire early.
If you only have a job as your only source of income, you have to trade your time for money. Even a self-employed consultant or small-business owner is often trading time for money.
There is nothing wrong with trading your time for money, but it is very difficult to build significant wealth this way.
What you need to do is invest your money so that it grows and creates more money. Then you will eventually have…