It’s more than just the cash flow…

22 percent interest cash flow income passiveOver the last week I’ve been checking out a bunch of other financial bloggers and I’ve come to realize, cash flow and passive income is great, but what’s better is “WHAT” it buys you.

For some people that might be fast cars, big houses and parties every night, but really for me the big win is FREEDOM, the freedom of TIME that the passive income provides. A good friend of mine once told me, “I’m not afraid to lose money in business, I can always make more money.” But the thing we can’t get back is TIME – time is really what I want.

As I read a lot of the finance blogs, my own included, there’s always a bunch of talk of increased earnings and price valuations, what the market is going to do now that we’re in an election year and on and on.

At the end of the day though, the real goal for me is to increase my cash flow so that I can spend more time doing the things I enjoy without having to worry about the “responsibilities” of life (taxes, mortgages, insurance, etc…)

For now, more freedom means I get to spend more time with my kids before they go off to college in a few more years. Time spent helping their teachers at school, the coaches on their softball and track teams and just being “present” in their lives. I know this time for my kids is short and I don’t want to miss it working a 40-hour-a-week job. That’s why passive cashflow is important to me.

In the future I hope to spend more time traveling (Europe, South America, Cruising, etc. ) with my wife . But for now, I get to live vicariously through the blogs of some of my new found writers. Take a look at few I’ve listed below, I think you might enjoy seeing the ways they’ve created financial independence to gain more time and freedom in their lives.

Finally, what about you? Leave a comment or drop me a line  – how are you building financial independence in your life? What steps are you taking to fulfill your life passion? Why is passive income important to you?

Here’s a short list of some of my new favorite “Financial Independent” bloggers:

 

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