Is your Newsletter an Asset, a Business, or a Job?

Have you ever thought about it when you are writing one each week?

Photo by Erik Lucatero on Unsplash

I often ask myself, “Why am I writing a newsletter?”

Deep down, I don’t want to put this category as another “job” as it is too time-consuming and soul-sucking.

My Financial Principles:

• The purpose of building a business or securing a job is to accumulate assets
• Accumulating assets above building a business and securing another job.
• Return of income from assets should exceed active income in the future.

Let’s get into some definition

What is an Asset?

An asset is an economic unit with a current or future value that can be converted into cash.

This value can provide future economic benefits by generating income or appreciating the value.

Stock and bonds can be in this category. You are purchasing a piece of the company right now for a price that holds the economic value of that company and can be converted into cash in the future.

When building an e-commerce business, you are accumulating your business assets. When you work for a job in a…