RE: Everyone has a number
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Yes, seems everyone is talking smart money lately, what's going on? Seems hustlers wanna turn billionaires already?😅
Anyways, you're right, there's always a number, $50k a year simply means you need half a million in HBD savings, while that is currently impossible to even acquire, there are alternatives like UST on anchor, so, with a 20% APR, that means you need around $250k?
Well, now that's magic money, to most of us at least, but that being another man's target, I can narrow it down a bit. The most important things for me at the moment would be a getting sustainable income of like $10,000-12,000 a year so that's like $1k monthly, that would handle basic expenses, and I can enjoy my life and job not thinking too much...
That 250K in UST on Anchor may seem like an unattainable end goal.
But there are a ton of higher yielding assets that can help you get there.
Start breaking things down as to what sort of returns, over what sort of timeframe, you need to get there.
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