A Quote by T. Harv Eker

You become financially free when your passive income exceeds your expenses.

T. Harv Eker

Quote Topics

Become Expenses Financially Free Income Passive Passive Income Your Your Ex

Quote Author

T. Harv Eker
Canadian - Author
Born: June 10, 1954

My rich dad taught me to focus on passive income and spend my time acquiring the assets that provide passive or long term residual income...passive income from capital gains, dividends, residual income from business, rental income from real estate, and royalties.

Robert Kiyosaki

The moment you make passive income and portfolio income a part of your life, your life will change. Those words will become flesh.

Robert Kiyosaki

When your outgo exceeds your income, the upshot may be your downfall.

Paul Harvey

Mindfulness is passive meditation. It is passive because your energy and your attention are divided between your actions and your practice, your meditation.

Frederick Lenz

In my career, I learned that giving your services for free gives you a good return on your investment, not just financially but morally. It supplements your personal integrity.

Stevie Wonder

Residual income is passive income that comes in every month whether you show up or not. It’s when you no longer get paid on your personal efforts alone, but you get paid on the efforts of hundreds or even thousands of others and on the efforts of your money! It’s one of the keys to financial freedom and time freedom.

Steve Fisher

A man is rich whose income is larger than his expenses, and he is poor if his expenses are greater than his income.

Jean de la Bruyere

Take it from me: no matter how few or how many children you have, or how little or how much money you make, your expenses are going to exceed your income by approximately a hundred dollars a month.

Teresa Bloomingdale

And with the money from your corn, from your rents, and from the issues of pleas in your courts, and from your stock, arrange the expenses of your kitchen and your wines and your wardrobe and the wages of servants, and subtract your stock.

Robert Grosseteste

It's more important to grow your income than cut your expenses. It's more important to grow your spirit that cut your dreams.

Robert Kiyosaki

The key to financial freedom and great wealth is a person's ability or skill to convert earned income into passive income and/or portfolio income.

Robert Kiyosaki

Anybody with a reasonable income can become financially independent in a lifetime.

Thomas J. Stanley

The Profit and Loss Statement tells you a lot about how your business is doing. It can also help you to determine ways that you can go about saving money so that you get to bring more money home! Basically, the P&L statement measures all of your income sources verses all your business expenses for any given period of time.

Darren L Johnson

The truth is, if you are a woman saving 10% of your income for retirement, and you put it in the bank account, your chances of retiring well - living on 90% of your pre-retirement income for your full life - is 0%.