When strikes me in this Cartoon is that its very clear that depending on Salary alone to Manage Cash flow is not enough. We need to look at Passive income streams that will supplement our income.
Planning to have a good Passive income stream requires diligent financial Planning. Firstly, what is very important is Discipline and Commitment. Able to save for the lean days is like the Ant and Grasshopper story. Its not easy when you see people around you having a good time buying what they want, when you are give up some pleasures for having a better time in lean time.
Robert Kiyosaki, the Author of Rich Dad Poor Dad and designer of Cashflow came, says he invests for Cashflow and not for Capital Gains.
The options that are available are plenty.. to suit everyone's budget and need... One just need to start the journey....
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