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 Create Residual Income research. Choose a residual income vehicle and implement your financial freedom plan today!
Create Residual Income Information
'Rules of The Road' Feb. 8th Webinar Presented By Sean McKay,...
Sean McKay, Vice President of Business Development at American IRA-a National Provider of Self-Directed IRAs, announces free... (PRWeb February 02, 2012) Read the full story at http://www.prweb.com/releases/2012/2/prweb9162115.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 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 Timmons Group Teams with Grant Architects and Lombardy Street...
This by-design student housing features ample amenities including a clubroom, fitness facility and courtyards and will serve the school and help to begin revitalization along a neglected urban... (PRWeb February 03, 2012) Read the full story at http://www.prweb.com/releases/2012/2/prweb9165283.htm Security America Mortgage, Inc. Extends the Mortgage Lending Industry...
Security America Mortgage, Inc. extends the mortgage lending industry standards by providing the lowest interest refinance rates on jumbo VA loans and general VA home loans for all United States... (PRWeb February 03, 2012) Read the full story at http://www.prweb.com/releases/2012/2/prweb9146781.htm One of Nation's Top Real Estate Investment Companies Announces New...
Marquis Properties, one of the top real estate investment companies in the Midwestern United States, is pleased to announce the launch of its new website offering resources for investing in real... (PRWeb February 03, 2012) Read the full story at http://www.prweb.com/releases/investmentproperties/realestateinvesting/prweb9161123.htm
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