Building Residual Income

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True Wealth Requires Residual Income

Yes you too can achieve financial freedom. As any good financial planner will tell you, it involves a little dicipline, held over a relatively short period of time, and you too can achieve this honorable goal.

Eliminate all your debt, including your mortgage. There are excellent tools available to help you break this down into bite size pieces, but what I did was list all of debt in order of interest rate (not including mortgage) and payed off the highest interest ones first, then used the extra monthly income to pay of the next one, and so on... After all credit cards and automobiles are paid off, then move on to the mortgage.

Invest the income you were using to service your debt in solid assets, such as real estate. Real estate offers a great deal of leverage. It goes without saying you'll want to get some great training on this topic, but it's worth it. 70% of the millionaires in the United States did it by investing in real estate.

Generate a solid residual income source to create financial freedom. You will truly know freedom when you can do everything you want to do when you want to do it and pay for it with money that comes in without your direct involvement. My favorite passive residual income source is Xango which has the added advantage of improving my family health at the same time.

Join the elite. Continue your Building Residual Income research. Choose a residual income vehicle and implement your financial freedom plan today!

Building Residual Income Information

The NFECs’ Financial EduNation Campaign Offers New York Residents Free...

The National Financial Educators Councils’ Financial EduNation Campaign offers free personal finance programs to residents of New York.

(PRWeb February 02, 2012)

Read the full story at http://www.prweb.com/releases/2012free-personal-finance/new-york/prweb9151818.htm

Webinar-Sean McKay, VP of Business Development at American IRA-A...

Sean McKay, VP of Business Development at American IRA-a National Provider of Self Directed IRAs, invites all to a free Webinar...

(PRWeb February 02, 2012)

Read the full story at http://www.prweb.com/releases/2012/2/prweb9162154.htm

ReVenture Park™ - A New Beginning

Forsite Development has reached a key milestone in the development of ReVenture Park, Charlotte’s first Eco-Industrial Park. The Environmental Protection Agency has deleted the site from the Superfund...

(PRWeb February 02, 2012)

Read the full story at http://www.prweb.com/releases/2012/2/prweb9163307.htm

Albert Niels Joins the Exclusive Haute Living Real Estate Network

Albert Niels, a prominent real estate agent in the Aventura and Sunny Isles markets, has joined the prestigious Haute Living Real Estate Network.

(PRWeb February 03, 2012)

Read the full story at http://www.prweb.com/releases/2012/2/prweb9164216.htm

Rubicon Corp. is First HUD Approved Builder in Missouri for FHA...

Rubicon Corp, a St. Louis area homebuilder and developer, is pleased to announce that they are the first HUD approved builder in Missouri for the FHA Construction to Permanent Loan.

(PRWeb February 03, 2012)

Read the full story at http://www.prweb.com/releases/2012/2/prweb9162789.htm

HOA Management(.com), a National Directory for HOA Management...

HOA Management (.com) is proud to announce a new advertising partnership with Gaughan Companies. Gaughan Companies will be featured as a premier association management partner on HOA Management...

(PRWeb February 03, 2012)

Read the full story at http://www.prweb.com/releases/hoamanagement/companies/prweb9165986.htm

Foreclosure.com Announces the Winners of its 2011 Scholarship Program

Five college students share nearly $10,000, Parsons fashion design student wins top $5,000 prize.

(PRWeb February 03, 2012)

Read the full story at http://www.prweb.com/releases/real_estate_school/scholarships_foreclosure/prweb9164127.htm

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