The Burn Number
Two numbers you already have. One number that shows what waiting actually costs you.
This is the net wealth you are building towards, the one that will pay for your life.
Do not know it yet? Work out your Financial Freedom Number first
Everything you own, minus everything you owe.
Do not know it yet? Run the Net Wealth Calculator first
Your Wealth Gap
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Your Monthly Burn
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- Every week
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- Every year
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Where the burn number comes from
Take the gap. Not your whole Financial Freedom Number, just the part you have not built yet. Grow it at 8% a year, divide by twelve.
That is what the unbuilt part of your empire would be paying you every month, if it existed. You are not earning it, because it does not exist yet. Every month you do not start is a month that growth does not happen, and it never comes back.
Not starting is a choice. This is the number on the price tag.
Michelle x
