In Extraordinary Wealth, the authors present the three levels of wealth creation,
and an outline to help you reach them:
LEVEL ONE You have enough passive income from your assets to
replace your paycheck when you stop working. Reaching this level
means you have a stable retirement.
LEVEL TWO You have free capital or “playchecks,” which are
income-producing assets that are not responsible for maintaining your
lifestyle. Reaching this level means you have financial freedom.
LEVEL THREE You have earned income beyond retirement and
continue to earn substantially more than you spend. Reaching this
level means you have multigenerational wealth.
Many people would love to reach that first level. Sadly, almost no one does. If you’re
dedicated and disciplined, this book will teach you how to progress through levels
one and two and ultimately reach the third level, creating multigenerational wealth