Though painful to say, most people go through their entire lives on what we call the "Anti-Wealth" Plan. Others call it the "40/40/40 Plan." That is, work 40 hours a week for someone for 40 years and retire with $40 in the bank!
That's somewhat of an exaggeration, of course, but the U.S. Social Security Board, for example, has reported that 85 out of 100 Americans won't possess as much as $500 in savings by age 65. And only 2% will be self-sustaining; the rest will be dependent on family, church, or the government!
The main problem with a typical job is that when YOU stop, the money stops.
MAKE SURE you understand this: If you ever want to acquire real wealth, you're just not going to get there trading hours for money.
The world's wealthiest people have known for hundreds of years that if you want financial freedom, you MUST tap into at least one of the following:
1. RESIDUAL INCOME
Residual Income is income that keeps coming in month after month, year after year, from work you do just ONCE. It's like a royalty. An example would be writing a book or recording a song and getting paid forever on it. Wouldn't it be absolutely awesome to have that?!
Leveraged Income is earning money through other people's efforts. There are only 24 hours in a day. Hence, there's only so much you can earn through your own efforts. But a Leveraged income leverages the work of other people to create an income for you.
To create such an income, you'll need:
– an INNOVATIVE idea,
– HUGE capital,
– GREAT business acumen,
– connections,
– advertising and
– Time - lots of time!
That keeps average people like you and me, completely out of the loop because it's no easy feat bring about these.
But do you know you can generate such an income from the internet? Yes you can! And that is what this blog segment will seek to teach you.
Stay tuned for our weekly reports...
That's somewhat of an exaggeration, of course, but the U.S. Social Security Board, for example, has reported that 85 out of 100 Americans won't possess as much as $500 in savings by age 65. And only 2% will be self-sustaining; the rest will be dependent on family, church, or the government!
The main problem with a typical job is that when YOU stop, the money stops.
MAKE SURE you understand this: If you ever want to acquire real wealth, you're just not going to get there trading hours for money.
The world's wealthiest people have known for hundreds of years that if you want financial freedom, you MUST tap into at least one of the following:
1. RESIDUAL INCOME
2. LEVERAGED INCOME
Residual Income is income that keeps coming in month after month, year after year, from work you do just ONCE. It's like a royalty. An example would be writing a book or recording a song and getting paid forever on it. Wouldn't it be absolutely awesome to have that?!Leveraged Income is earning money through other people's efforts. There are only 24 hours in a day. Hence, there's only so much you can earn through your own efforts. But a Leveraged income leverages the work of other people to create an income for you.
To create such an income, you'll need:
– an INNOVATIVE idea,
– HUGE capital,
– GREAT business acumen,
– connections,
– advertising and
– Time - lots of time!
That keeps average people like you and me, completely out of the loop because it's no easy feat bring about these.
But do you know you can generate such an income from the internet? Yes you can! And that is what this blog segment will seek to teach you.
Stay tuned for our weekly reports...
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ReplyDeleteThis is quite expository
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