KLE 66: Wiggly Lines

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  • September 17, 2010

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In the last KLE you found that the secret to reaching your Number is more likely to be in growing the earnings line rather than in the savings line. This is simply because the savings line is finite i.e. you can save anywhere from 0% to 100% of what you earn, but no more.

But, you can earn anywhere from $0 to $10,000,000 a year, or more … and, it’s almost time to start drawing in your own earnings curve.

First, though, there are three basic ‘curves’ that you can apply:

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If you want to be wealthy – wealthy enough to really live your Life’s Purpose – then you need to position yourself to take advantage of all of these different types of curves. And, if you do have a Large Number by a Soon Date, in the next KLE I’ll help you work out just how steep your curve needs to be!

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September 17th, 2010
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Comment Number:
1
Written by:
flexi672
Posted on:
September 17, 2010 at 9:22 am

Be prepared at the “Bus-Stop” when Lady Luck passes by. Setting the groundwork/preparation to take full advantage when you get “Lucky”.

Comment Number:
2
Written by:
Neil
Posted on:
September 20, 2010 at 8:47 pm

I’ve see those jumps myself in our personal finances. Salary and market investments show our net worth move up in the standard compounding curve, but bonuses and stock grants are the ones that cause the big jumps that seem to make a “real” difference.