Two big expense categories
Education for our younger family members – if we could pay for that would we? If money wasn’t an issue? Of course.
Usually, elders don’t pay for their kids college because they can’t afford it.
Medical bills – as we get older, we get sick more often, maybe even nursing home or have to go through a major surgery
Hopefully insurance covers this – but what if it doesn’t?
We’d be screwed.
Those two reasons alone are reasons worth
striving towards wealth and financial freedom.
And it can all start with just a single family rental property