Cash Flow Guys Podcast

What is your escape number?  What I mean is... what number will it take for you to be financially free.  For me, that means that you have enough coming in from non-employment income consistently to cover your monthly living expenses.  Everyone seems to think its $10k a month...that’s what most people tell me.  I am willing to bet your number is lower than you might think.  When Jill and I set a goal to escape the rat race, our number was $4000 a month.  It would take that amount every month to cover our expenses.    We were able to accomplish that with one small deal.  As we continued to do more deals, the profits from those deals became the insurance we needed to quit our jobs...forever.  Even when I flipped properties or put on my Realtor hat and made a commission, I would divide my payday by 12 to see how it impacted my monthly income.  As I pushed forth and did more deals, we started dividing by 24, then 36 and later 48 months.  We also saved up 2 years of expenses over and above that so we could sleep we