I have talked about 3 different type of income before, but I want to talk more about Linear Income again today. So many people do know about what exactly Linear Income brings to them.
Linear Income is the exchange of the time you work with money. Or you can say, Linear Income is when you get paid some money for hours you work. Linear Income is also called Earned Income. This type of income keeps us working 9-5 for the most of our life (half of our nature life). When you stop working, the income also stops, then you lose the house, the car that you are paying every month. The whole family will go deeply in financial trouble. This is exactly what Linear Income does.
Linear Income is highly taxed. The more Linear Income you earn, the more tax you have to pay. If you keep living on your Linear Income, you won’t be able to live the life you desire. Especially when you spend everything you make, what you’re really doing is running an unwinnable race.
————————————————
Lillian & Benjamin, we help families achieve financial success
contact: lillianwenli@yahoo.ca
Leave a Reply