The Four Levels Of Wealth(4)

Second Level Wealth - Additional Passive Income


The second level wealth will be achieved when you accumulate passive income to sustain your most basic expenses.

This means that you can choose not to work and yet have enough money to pay off your mortgage, daily food and transport allowance and interest for all your loans and your insurance premiums.

Any income that you gained from working will be channeled entirely into investment.



By Mike Wang