Always take measures to increase income by at least the rate of inflation.
“Always take measures to increase income by at least the rate of inflation.”
Yes, I learned that in the late 70’s early 80’s. Side hustles, and buying little pieces of real estate. You could buy small building sites for less than a $1,000 back then. I bought a tiny industrial lot for $700 in about 1980. Sold it in ‘83 for $13,200. Bought a new Yamaha Maxim 1100 for $4,000 and reinvested the rest in more land. Repeated that basic action since then until now. I sold most of my real estate over the last few years, now watching a spectacular rural area for the next chance to buy some more.