Passive
Income
Life
Goals
0 1 /
T H E
L I S T
All
thirty
goals
,
in
sequence
.
Each
one
is
expanded
with
a
plain
-
language
definition
and
a
done
-
test
on
the
following
pages
.
Start
at
Goal
1
and
work
down
.
01
Build
a
six
-
month
emergency
fund
.
16
Own
one
digital
asset
that
sells
while
you
sleep
.
02
Retire
every
balance
above
6%
interest
.
17
Hold
four
asset
classes
.
03
Track
net
worth
in
one
place
,
monthly
.
18
Keep
one
asset
under
two
hours
a
month
.
04
Automate
saving
on
payday
.
19
Let
assets
pay
the
rent
or
mortgage
.
05
Learn
one
income
-
producing
skill
properly
.
20
Cover
every
fixed
expense
from
assets
.
06
Write
down
your
"
enough
"
number
.
21
Cover
100%
of
living
expenses
.
07
Earn
your
first
$
100
month
.
22
Reach
coast
—
contributions
optional
.
08
Reach
$
500
a
month
from
two
sources
.
23
Take
a
funded
three
-
month
sabbatical
.
09
Cross
$
1,000
a
month
.
24
Work
from
anywhere
for
six
months
.
10
Add
a
second
,
unrelated
stream
.
25
Give
away
10%
of
passive
income
.
11
Reach
$
2,500
a
month
.
26
Fund
someone
else
'
s
start
.
12
Reach
$
5,000
a
month
.
27
Teach
the
system
you
built
.
13
Hold
a
dividend
portfolio
paying
$
1,000
a
year
.
28
Buy
back
ten
hours
a
week
.
14
Own
your
first
rental
property
.
29
Reach
$
10,000
a
month
passive
.
15
Cross
$
100,000
invested
.
30
Build
one
asset
that
outlives
you
.
1 / 6
0 2 /
T H E
G OAL S
I N
DE TAI L
Five
stages
.
Three
to
six
goals
each
.
Detailed
definitions
below
.
S TAG E
1
Foundation
—
Goals
1–6
Nothing
on
this
list
survives
without
a
cash
buffer
and
a
skill
.
This
stage
produces
no
passive
income
.
It
is
what
makes
the
rest
of
the
list
possible
.
01
Build
a
six
-
month
emergency
fund
Cash
equal
to
six
months
of
essential
expenses
,
held
in
a
high
-
yield
savings
account
and
touched
only
for
job
loss
,
a
medical
event
,
or
an
urgent
repair
.
Without
it
,
every
market
dip
becomes
a
forced
sale
.
6 ×
monthly
essentials
—
e
.
g
.
$
21,000
at
$
3,500/
mo
02
Retire
every
balance
above
6%
interest
Credit
cards
,
personal
loans
,
car
notes
—
cleared
to
zero
and
kept
there
.
Debt
at
that
rate
costs
more
than
any
passive
stream
reliably
returns
,
so
paying
it
off
is
the
highest
-
yielding
move
available
to
most
people
.
$
0
outstanding
at
>6%
APR
03
Track
net
worth
in
one
place
,
monthly
One
number
—
assets
minus
liabilities
—
recorded
on
the
same
day
each
month
in
the
same
spreadsheet
.
You
cannot
steer
a
figure
you
never
look
at
,
and
progress
on
this
list
is
invisible
without
a
baseline
.
12
consecutive
monthly
entries
logged
04
Automate
saving
on
payday
Transfers
to
savings
and
investments
scheduled
for
the
day
income
lands
,
not
the
day
before
the
next
bill
.
Paying
yourself
first
stops
being
a
virtue
and
becomes
a
default
.
20%
of
take
-
home
auto
-
invested
05
Learn
one
income
-
producing
skill
properly
Writing
,
coding
,
design
,
bookkeeping
,
video
editing
,
or
sales
—
deep
enough
that
a
stranger
will
pay
for
it
.
Every
passive
asset
on
this
list
is
built
out
of
a
skill
that
was
once
actively
sold
.
500
focused
hours
·
first
paying
client
06
Write
down
your
"
enough
"
number
The
monthly
amount
that
covers
your
actual
life
:
housing
,
food
,
insurance
,
transport
,
and
a
modest
margin
.
Every
freedom
milestone
below
is
measured
against
this
figure
—
not
against
someone
else
'
s
lifestyle
.
Written
number
,
reviewed
each
January
Target
:
Target
:
Target
:
Target
:
Target
:
Target
:
2 / 6
S TAG E
2
First
Streams
—
Goals
7–12
The
point
of
this
stage
is
proof
,
then
repetition
.
Small
numbers
,
arriving
reliably
,
without
hours
attached
.
07
Earn
your
first
$
100
month
One
calendar
month
in
which
money
arrives
without
hours
attached
—
a
dividend
payment
,
a
digital
product
sale
,
a
small
affiliate
page
.
The
size
is
irrelevant
.
The
evidence
is
not
.
$
100
in
one
month
,
unattended
08
Reach
$
500
a
month
from
two
sources
Two
separate
streams
,
so
no
single
platform
,
client
,
or
algorithm
carries
the
whole
load
.
If
one
stalls
for
a
quarter
,
the
month
still
lands
.
$
500/
mo
·
no
source
above
60%
09
Cross
$
1,000
a
month
One
core
expense
—
a
rent
share
,
childcare
,
a
car
payment
—
now
paid
by
assets
rather
than
hours
.
This
is
the
first
goal
that
changes
how
a
month
actually
feels
.
$
1,000/
mo
recurring
10
Add
a
second
,
unrelated
stream
Unrelated
means
different
failure
modes
:
if
the
blog
dies
,
the
rental
doesn
'
t
.
Two
streams
that
rise
and
fall
together
are
one
income
wearing
two
hats
.
2
streams
,
uncorrelated
churn
11
Reach
$
2,500
a
month
Roughly
one
modest
full
-
time
salary
,
produced
by
things
you
own
.
Most
people
who
reach
this
line
stop
calling
it
a
side
project
.
$
30,000/
yr
passive
12
Reach
$
5,000
a
month
Where
meaningful
choice
begins
—
reduced
hours
,
a
career
change
,
or
a
first
hire
to
run
the
assets
you
built
.
This
is
the
first
level
at
which
leaving
a
job
stops
being
reckless
.
$
60,000/
yr
passive
S TAG E
3
Assets
&
Portfolios
—
Goals
13–18
Income
becomes
durable
when
it
is
owned
rather
than
rented
.
This
stage
converts
streams
into
holdings
.
Target
:
Target
:
Target
:
Target
:
Target
:
Target
:
3 / 6
13
Hold
a
dividend
portfolio
paying
$
1,000
a
year
A
broad
index
or
dividend
holding
throwing
off
four
figures
annually
and
reinvested
automatically
.
Slow
,
boring
,
compounding
—
the
ballast
underneath
everything
else
you
build
.
~
$
30,000
invested
at
a
3.3%
yield
14
Own
your
first
rental
property
One
small
property
cash
-
flowing
after
mortgage
,
taxes
,
insurance
,
vacancy
,
and
maintenance
—
or
a
REIT
position
if
direct
ownership
doesn
'
t
fit
your
life
or
your
city
.
$
250/
mo
net
cash
flow
after
all
reserves
15
Cross
$
100,000
invested
The
first
six
-
figure
milestone
.
At
a
7%
return
it
produces
roughly
$
7,000
a
year
,
and
compounding
begins
to
out
-
earn
your
monthly
contributions
.
$
100,000
across
taxable
and
retirement
accounts
16
Own
one
digital
asset
that
sells
while
you
sleep
A
course
,
a
template
pack
,
an
ebook
,
a
plugin
,
a
small
app
.
Built
once
,
delivered
infinitely
.
Small
is
fine
—
the
goal
is
that
delivery
costs
you
no
hours
at
all
.
$
300/
mo
with
under
1
hr
/
mo
maintenance
17
Hold
four
asset
classes
Equities
,
real
estate
,
cash
equivalents
,
and
one
alternative
you
genuinely
understand
.
Diversification
is
the
only
free
lunch
on
this
list
,
and
it
is
also
what
lets
you
sleep
through
a
bad
year
.
no
single
class
above
50%
of
net
worth
18
Keep
one
asset
under
two
hours
a
month
A
holding
that
takes
minutes
,
not
weekends
.
Passive
income
that
eats
your
calendar
is
a
job
with
worse
benefits
and
no
colleagues
.
under
2
hrs
/
month
logged
for
6
straight
months
S TAG E
4
Freedom
Milestones
—
Goals
19–24
The
stage
where
the
numbers
stop
being
interesting
and
the
life
they
buy
starts
being
the
point
.
19
Let
assets
pay
the
rent
or
mortgage
The
single
largest
line
in
most
budgets
,
covered
by
holdings
rather
than
hours
.
The
psychological
shift
here
is
consistently
larger
than
the
arithmetic
suggests
.
housing
100%
passive
-
funded
Target
:
Target
:
Target
:
Target
:
Target
:
Target
:
Target
:
4 / 6
20
Cover
every
fixed
expense
from
assets
Housing
,
utilities
,
insurance
,
transport
,
and
subscriptions
—
the
bills
that
arrive
whether
or
not
you
work
.
Variable
spending
is
optional
;
these
are
not
.
fixed
costs
100%
passive
-
funded
21
Cover
100%
of
living
expenses
The
classic
crossover
point
.
Every
dollar
your
life
costs
is
produced
by
things
you
own
,
and
paid
work
becomes
a
choice
rather
than
a
requirement
.
passive
≥
total
monthly
spend
, 12
months
running
22
Reach
coast
Contributions
can
stop
today
and
existing
assets
will
still
compound
to
your
retirement
number
by
your
target
age
.
The
pressure
to
add
money
every
month
finally
ends
.
coast
figure
reached
,
recalculated
annually
23
Take
a
funded
three
-
month
sabbatical
Three
months
away
from
paid
work
with
nothing
drawn
down
and
no
savings
raided
.
This
is
the
first
honest
test
of
whether
the
system
holds
without
you
standing
inside
it
.
90
days
· 0
hours
billed
·
net
worth
up
24
Work
from
anywhere
for
six
months
Location
independence
,
tested
rather
than
imagined
.
It
requires
assets
that
can
be
managed
remotely
and
income
that
doesn
'
t
care
which
currency
it
lands
in
.
6
months
, 2+
countries
,
income
uninterrupted
S TAG E
5
Legacy
&
Generosity
—
Goals
25–30
What
the
income
is
for
,
once
it
no
longer
needs
to
be
for
you
.
25
Give
away
10%
of
passive
income
A
standing
commitment
,
automated
like
any
other
transfer
.
Generosity
that
scales
with
the
portfolio
instead
of
with
guilt
or
with
whatever
is
left
at
month
-
end
.
10%
of
passive
income
,
every
year
26
Fund
someone
else
'
s
start
A
family
member
'
s
tuition
,
a
friend
'
s
first
inventory
order
,
a
scholarship
in
a
field
you
came
from
.
This
is
the
compounding
you
can
actually
watch
happen
.
one
funded
start
every
three
years
Target
:
Target
:
Target
:
Target
:
Target
:
Target
:
Target
:
5 / 6
27
Teach
the
system
you
built
Write
down
exactly
what
worked
—
what
you
bought
,
what
you
built
,
what
you
would
skip
—
and
hand
it
to
someone
starting
from
zero
.
Understanding
is
proven
by
transmission
,
not
by
confidence
.
one
written
playbook
,
one
person
taught
28
Buy
back
ten
hours
a
week
Outsource
cleaning
,
admin
,
and
errands
to
the
point
where
ten
hours
a
week
come
back
to
you
.
Time
is
the
only
income
you
cannot
manufacture
more
of
.
10
hrs
/
week
recovered
,
sustained
6
months
29
Reach
$
10,000
a
month
passive
The
top
of
most
personal
roadmaps
:
roughly
$
120,000
a
year
,
unearned
.
At
this
level
the
question
stops
being
"
can
I
stop
?"
and
becomes
"
what
now
?"
$
120,000/
yr
passive
30
Build
one
asset
that
outlives
you
A
trust
,
a
business
with
a
named
successor
,
a
body
of
work
still
selling
in
twenty
years
.
The
final
goal
is
not
income
—
it
is
something
durable
that
keeps
working
after
you
stop
.
succession
plan
documented
,
reviewed
every
3
years
Target
:
Target
:
Target
:
Target
:
6 / 6
