Any good source on talking about generate steady passive cash flow? I feel that many engineers are asset rich, but cash flow constraints. If such engineer quits their job, they would not be able to sustain their life style, especially when they have more than one kid, even if they are willing to change to a more moderate life style. Of course they could sell their assets to generate cash, but I assume that's not necessarily wise or sustainable.
> I feel that many engineers are asset rich, but cash flow constraints.
In which country? Nearly all developers i worked with in the uk either live with flatmates or rent a property. Their only assets are a macbook pro and pictures of fun holidays. Property owners are rare and most are mortgaged.
In the US. For good or for bad, many engineers benefit from the explosive growth of IT industry that was fueled by both technology/product advancement and by years of low-interest financial policy.
