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.
Jim Rohn says...
"It is our philosophical set of the sail that determines the course of our lives. To change our current direction, we have to change our philosophy not our circumstances"
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
Announcing the 2nd Quarter 2010 Edition of The Granite Companies’...
The Granite Companies announces the 2nd Quarter 2010 edition of the Construction Lending News, the source for news and updates on the residential and commercial construction lending industry. (PRWeb July 30, 2010) Read the full story at http://www.prweb.com/releases/2010/07/prweb4308394.htm Today, New York State; Tomorrow, the World? Rochester's 250SOUTH Wins...
250SOUTH, a once-abandoned warehouse in Rochester, NY that has been reinvented by PLAN Architectural Studio, PC into a vibrant, mixed-use building, wins a coveted 2010 American Institute of Architects... (PRWeb July 30, 2010) Read the full story at http://www.prweb.com/releases/2010/07/prweb4323654.htm One of Biggest Foreclosure Auctions in History Opens Thursday in Ft....
1,500 New Florida Foreclosures Hit Market in Huge 6-Day, 8-City REDC Auction Series; Auctions Geared to Fuel the Local Economy (PRWeb July 29, 2010) Read the full story at http://www.prweb.com/releases/2010/07/prweb4317784.htm HistoricVintageHomesForSale.com Announces Updated Website Offering a...
HistoricVintageHomesForSale.com offers advertising to Real Esate professionals with Historic home listings and Historic homeowners selling their property on their own. Advertising an old home is very... (PRWeb July 30, 2010) Read the full story at http://www.prweb.com/releases/2010/07/prweb4324464.htm Custom Facebook Business Fan Pages for Insurance Agents from INS...
INS Digital Media, the leading provider of insurance agent websites and online marketing, now creates custom Facebook Business Fan Pages for insurance agents and brokers. (PRWeb July 30, 2010) Read the full story at http://www.prweb.com/releases/2010/07/prweb4330744.htm National Forensic Loan Audit Experts (NFLAE) Featured in Wall Street...
National Forensic Loan Audit Experts, real estate loan audit / finance experts, featured in The Wall Street Journal as one of America’s PremierExperts™, in recognition of being leading experts in the... (PRWeb July 29, 2010) Read the full story at http://www.prweb.com/releases/2010/07/prweb4316784.htm Posty Cards Introduces New Holiday Photo and Logo Cards
New business holiday cards feature your photo or logo on front. (PRWeb July 30, 2010) Read the full story at http://www.prweb.com/releases/2010/07/prweb4282624.htm
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