W.I.L.A. Mountain

The W.I.L.A. Mountain states that to become more financially free, you should move from active to passive income through starting to use other people’s time and money – and in doing so you can build your wealth even faster based on the current rules and incentives provided by U.S. Tax Law. Active income is usually generated as Worker (W) or Independent Operator (I), whereas passive income is created as Large Company Owner (L) or Asset Manager (A). The concept is depicted as a mountain to illustrate that it needs effort to overcome the apex and once a certain wealth level is reached, you should ensure to protect your base by taking less risky investments to protect your wealth.