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Cash flow–positive folks live well below their means and accumulate assets at a high rate relative to their earned income.
Scott Trench • Set for Life: An All-Out Approach to Early Financial Freedom
Do not save money for the sake of saving money. Save money to invest it, and generate cash flow and appreciation.
Scott Trench • Set for Life: An All-Out Approach to Early Financial Freedom
Clay | Go to market with unique data—and the ability to act on it
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Much like frugality, increased earning potential must be pursued by dissecting one’s resources and ruthlessly cutting out the fat.
Scott Trench • Set for Life: An All-Out Approach to Early Financial Freedom
Don’t shy away from monthly cash flows that take a little bit of effort to maintain; instead, view them as exceptionally high-wage jobs that require a small amount of periodic effort.
Scott Trench • Set for Life: An All-Out Approach to Early Financial Freedom

Financial freedom is achieved when cash flow that requires no work (or minimal active work) safely and consistently surpasses total lifestyle expenses.