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RE: Renting, owning, yielding by looftee

View this thread on: hive.blogpeakd.comecency.com

Viewing a response to: @tarazkp/renting-owning-yielding

· @looftee ·
$0.10
The first few paragraphs of your post felt like reading a case study of "Rich Dad, Poor Dad" book by Robert Kiyosaki.

Buying a house. Renovating it. Then selling it for profit. Even if it took few years to do so.

Lol, I will surely do something like that in my life.

---

>Apply this to somewhere like India where a typical salary is half that, and 2 dollars a day is a significant boost to living standards.

At first I was a little embarrassed to read this. But then I thought WTH, I definitely want an additional 2$/day🤣🤣
Any amount of extra money per day makes me happy😂

---

I usually keep 3 years of my expenses saved/invested. Just in case I don't earn anything, I am okay for next 3 years.
After the 2nd wave of virus in India, most of my local friends have lost their business. Would be pretty hard to get back after being closed for almost one year.
Only those who were in IT sector got WFH.

My dad always relied on his income only. And that means we all had to make sacrifices during our childhood.

I always keep working on multiple things. Had a local small scale education business with a partner(which is shut down for more than an year now). My friend is barely survivng on it.

Last year has only pointed out that you need to have diversified sources of income. That's why I always keep looking for things in crypto. Started learning how to code, working on improving my writing skills.

It might take 3-5 years but I am quite sure that I will build multiple sources of income. Internet has made it possible.

And people like you who are consistently building publicly are inspiration to me. I hope you become a millionaire so that I have enough inspiration to be one, one day.
👍  ,
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vote details (2)
@tarazkp ·
>Any amount of extra money per day makes me happy

I had to grab an estimate from online, where they said while the average salary was more, a typical salary was about 7000 a year. Is that about correct?

A little extra is always good, even if it buys lunch daily. 

>Only those who were in IT sector got WFH.


Yeah, I have trained a few sessions with some of these people. 

>It might take 3-5 years but I am quite sure that I will build multiple sources of income. Internet has made it possible.

And you will be well ahead of the local game and possibly even much of the global game. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@tarazkp/re-looftee-5611xk)
👍  
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