Excerpted from Don’t Start A Side Hustle! by Brian Page
I’d like to share my definition of wealth. Wealth is an abundance of passive income, discretionary time, and free choice. Breaking it down further, passive income is defined as cash flow that requires minimal labor to earn or maintain. Discretionary time is the hours available each day to spend as we see fit. Free choice is the amount of free agency we have to be, do, and have what we want in life. Here it is put simply:
PASSIVE INCOME
+
DISCRETIONARY TIME
+
FREE CHOICE
=
TRUE WEALTH