For example, rent in Michigan for a three bedroom apartment is about $1,200 a month [1], meaning your rent would be $400. Let’s say you spend $200 a month on groceries, and spend $400 a month on insurance, gas, bills, and other mandatory expenses.
Congratulations: you’re short term net financial neutral!
In theory, as long as your acquisition rate is neutral or positive compared to churn, you now live for free, without a boss and without an expectation of a 40 hour workweek. In theory, you can now retire. In practice, you can grow revenue, and nothing’s stopping you from starting business two and increasing your “retirement’s” margin.
For the right person, these conditions are life-changing.
[1] https://smartasset.com/mortgage/the-cost-of-living-in-michig...