Is There Luxury In Cashflow and Liquidity?
In this episode I'll take you on a thought experiment of a snapshot in the lives of two brothers, Joe and Paul, who are both millionaires on paper but have very different asset allocations. How important is cashflow and liquidity into the freedom these two millionaire brothers are afforded? I'll make the case that not keeping all your wealth in the house your live in (your principal place of residence) is going to give your lifestyle more flexibility - which goes contrary to what society might want from you. Here's some food for thought.
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Show Notes
Live in Australia and want to calculate your post-tax income? Are you non-Australian and want to see how much Aussies get taxed? Visit https://paycalculator.com.au/
Planning on taking out a mortgage anytime soon? Check out https://mortgage.monster/
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To get in touch and leave me your 2c or ideas you'd like me to discuss in a future episode reach me on X (Twitter) @realHasinthaA.
My intro and outro music are courtesy of Max Maikon and the YouTube Audio Library. Full credits are as follows:
Track: Equilibrium — Max Maikon [Audio Library Release]
Music provided by Audio Library Plus
Watch: Equilibrium — Max Maikon | Free Background Music | Audio Library Release
Free Download / Stream: https://alplus.io/equilibrium