Step 8 Overview
Whatever your specific goals in starting this program, the underlying intention probably had something to do with achieving clarity and ease in your relationship with money – and a sense of “enough-ness”. In Step 7 you looked at reaching enough employment and working “for a finite period of time”. Now in Step 8 you will learn how to predict just when that finite period can end; we call it the crossover point.
In Step 8 you will look at how your savings can be used as capital to earn investment income. Building on your wall chart (Step 5) you’ll project out to your crossover point, when you can meet your expenses through investment income rather than paid employment. Projecting when that date might reasonably occur is empowering because it places your current employment within the larger framework of your life.
In Step 8 you will look at how your savings can be used as capital to earn investment income. Building on your wall chart (Step 5) you’ll project out to your crossover point, when you can meet your expenses through investment income rather than paid employment. Projecting when that date might reasonably occur is empowering because it places your current employment within the larger framework of your life.