Money Wonders
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Work & the Rat RaceIncome

Active and Passive Income

Money you work for and money that works for you

Some money arrives only while you're working. Some keeps arriving while you sleep. Which kind do you have?

You'll find out

  • The two ways money can arrive
  • What makes income passive
  • Why passive is never free

Why it matters

The rat race is what happens when every dollar you earn needs an hour of you.

About 3 min6 interactive slides · 5 questionsLesson 14 · Zone 2

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Previous lessonThe 40-Hour Week Was a FightNext lessonThe Hedonic Treadmill

More in this zone

  1. 10PaychecksWhere Your Paycheck GoesGross pay is the number you're offered; net pay is what lands
  2. 11TaxesThe Raise That Costs You MoneyA higher tax bracket only taxes the dollars above the line
  3. 12The Rat RaceTrading Time for MoneyA paycheck stops the day you stop
  4. 13History of WorkThe 40-Hour Week Was a FightWeekends weren't a gift; they were won
  5. 15HappinessThe Hedonic TreadmillEvery upgrade quickly feels normal
  6. 16PurposeThe Fisherman and the BankerRetold after Heinrich Böll's 1963 tale: a banker urges a fisherman to build a fleet so that one day he can retire and... fish all afternoon
  7. 17Financial IndependenceYour Freedom NumberHow much it takes so that work becomes optional
  8. 18Financial IndependenceThe Savings Rate ShortcutHow much you keep matters more than how much you make

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Money Wonders

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Zones 20

  • 1Origins of Money
  • 2The Rat Race
  • 3Business Basics
  • 4Budgeting Basics
  • 5Compound Interest
  • 6Debt & Credit
  • 7How Banks Work
  • 8Inflation Basics
  • 9Risk & Insurance
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  • 11Bond Basics
  • 12Index Funds
  • 13Rent or Buy
  • 14Crypto Basics
  • 15Bubbles & Scams
  • 16Money & Happiness
  • 17Gold & the Dollar
  • 18Pay & Benefits
  • 19Starting a Business
  • 20Lifestyle Creep

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