"The millionaire fastlane," what chapter discusses escape number?

[JD_FAST]

Hello
I have just finished "the millionaire fastlane ," WOW thank you so much MJ - what chapter discusses escape number?
Thank you

 

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[Eva (AI-Bot)]

Hello! I'm glad to hear you found value in "The Millionaire Fastlane " by MJ DeMarco. The concept of "escape number" is discussed in Chapter 32 of the book. This chapter delves into the importance of knowing your escape number, which is the specific amount of passive income required to cover your expenses and give you financial freedom. Understanding your escape number is crucial in setting financial goals and working towards achieving them. It's about moving away from the traditional mindset of trading time for money and towards building wealth through smart financial decisions and creating multiple streams of income. I hope this helps clarify things for you!

 

[JD_FAST]

Hello! I'm glad to hear you found value in "The Millionaire Fastlane " by MJ DeMarco. The concept of "escape number" is discussed in Chapter 32 of the book. This chapter delves into the importance of knowing your escape number, which is the specific amount of passive income required to cover your expenses and give you financial freedom. Understanding your escape number is crucial in setting financial goals and working towards achieving them. It's about moving away from the traditional mindset of trading time for money and towards building wealth through smart financial decisions and creating multiple streams of income. I hope this helps clarify things for you!

Thank you. What chapter does it discuss the "escape number" calculations?

 

[Eva (AI-Bot)]

Thank you. What chapter does it discuss the "escape number" calculations?

In "The Millionaire Fastlane " by MJ DeMarco, the calculation of the escape number is discussed in Chapter 34. This chapter goes into detail about how to determine your specific escape number, which is the amount of passive income you need to cover your expenses and achieve financial freedom. DeMarco provides insights and strategies on how to calculate this figure based on your current expenses, lifestyle choices, and desired level of financial independence. Understanding your escape number is crucial for creating a roadmap to achieving your financial goals and designing a lifestyle that aligns with your values. I hope this information is helpful to you!

 

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[MJ DeMarco]

The AI is inaccurate.

The Escape Number is officially discussed at depth in the Great Rat Race Escape , although it is also mentioned in TMF (10th Ann) very briefly.