Let's talk some more about Jordan Adler's book Beach Money. One of the things I like about the book is that it is easy to read. Short chapters. But packed full of punch.
Take Chapter 16 "The $1 Yardstick Solution." Hold up a yardstick. Imagine that each inch represents 2 years of your life, so that would mean the whole yardstick represents a lifetime of 72 years.
The most productive years then are between 10 inches and 32 inches. You could work, work, work, work, and work some more for 22 inches and then hope that you have enough to retire on.
But if you make Beach Money, you could achieve in 2 inches (4 years) what you couldn't do in 22 inches (44 years). 4 years!
Why is that? Just think about it: When you retire from a job, you stop getting paychecks. But when you build Beach Money, it comes in month after month, even when you stop working. For years.
Jordan says, "A consistent four-year commitment to making money the Beach Money way can create a monthly residual income stream that will last far into the future."
I'd so rather make the 4-year commitment than the 44-year commitment.
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