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Cash flows

In a world where nothing is certain, we mustn’t place all our eggs in one basket. If we do, one wrong turn may send everything crashing down. Hence, the focus of financial freedom must be on producing and securing multiple cash flows. Only then are we able to create a safety net that protects us when one or two of these income streams fall apart.

The current societal consensus is to work a full time job and save as much as possible in a high interest saving account, or at most invest in a safe ETF that returns 7-8% per annum. This means putting your entire financial security into one to two income streams; which could at any point become zero to one income stream and leave you without a safety net.

Place your focus on building cash flows, not saving cash.

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