Revenue
What is the definition of Revenue?
The total income produced by a given source
How many types of expenses are there?
What is the type of unearned income that is acquired automatically with minimal labor to earn or maintain?
Passive Income
True or False
Wealthy people have active income
What percent of expenses should be expenses?
30%
What is an expense that does not change?
Fixed Expense
Passive Income allows for ______.
Financial Freedom
How many key takeaways were there ?
Six
What percent of expenses should be savings?
20%
What is an expense that occurs during the same period ?
Recurring Expense
What does NFT stand for ?
Non-Fungible Tokens
What percent of expenses should be essentials?
50%
What does 50% of a healthy revenue look like?
Essentials
What is an unusual expense ?
Non-Recurring Expense
Name three types of multiple streams of income
Non-Fungible Tokens (NFT'S), Stocks, Bonds
What company is Larry White the CEO of ?
Liberty Group Realty and Investments