Living Financial Freedom
What you should know about money: :

"Money is the measure by which success on earth is measured.
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Money enables the enjoyment of the most beautiful things in life.
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Those people become rich, who have grasped the simple principles of their earnings.
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Money still obeys the same laws as it did six thousand years ago, when wealthy men crowded the streets of Babylon.".
The richest man of Babylon
5 rules for financial independence
Rule # 1) Your earnings must be higher than your expenses
* Create your personal financial plan
* Control your expenses
* Plan in a way you can save up at least 10%
* The difference between income and expenses is called cash flow

Rule # 2) Invest your cash flow in assets rather than liabilities
* Invest disciplined your cash flow month by month
* In my definition, assets are all assets that give provide you with a passive incomen
* Try not to increase your expenses or buy liabilities
* Versuche nicht deine Ausgaben zu erhöhen oder Verbindlichkeiten zu erwerben
* Sooner or later you will manage to build up a passive income of e.g. 100 €
* Now you can invest € 600 instead of € 500 in assets
* The wonderful thing is that it's getting faster and faster from now on
