The Secret Path To Wealth Building, Part III, by Billy Epperhart.

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Now 80% of all financial teaching in America today is at the first X. The other 15%, which makes 95% if you add those two up, will teach you this- this is what some people call retirement– the second X that we call of the triple X factor is the green dots, the green line, they represent income that is coming off of assets that increase in value over time. We call it Level 2 Income. And it’s income that comes off of asset. Rent off of real estate, or what we would call positive cash flow from real estate that’s well managed would be in positive cash flow.

There are other things that fit this category as well and that way, because remember at the level of the green line you must manage your money, you must manage your assets, but you don’t have to work for them. And then as the green line continues, the pink line is coming down some more! Somebody says “how can the pink line keep coming down?” How can the pink line continue to come down? Well the way the pink line comes down is this: once you get to a place in your life where your houses are paid off, and your automobiles are paid off, it’s a wonderful place to be! But I want you to understand this: this is the second X.  So the second X is where I have income that is coming off of assets, that are increasing in value over time, and I’ve learned how to manage my expenses.

Now, notice it is the triple X factor. So the third X-notice my green line keeps going up because I’m learning how to manage and build wealth, right? My green line continues to go up, the pink line continues to come down because everything I’ve got is paid off- And then notice a gold dot appears and that is this excess capital; this excess capital is where you give, where you start learning to give 100% of the income, cause you’re giving 100% of it all away. Now I understand for many people, a lot of you just like to be at the first X. Then a lot of people just like to get to the second X. But wouldn’t it be a wonderful thing, but you must think in the correct terms, you must change how you think about money, and I want to stretch you so that I can take you to the triple X or the third X of the triple X factor.

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