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 Investment Residual Income research. Choose a residual income vehicle and implement your financial freedom plan today!
Investment Residual Income Information
RentPayment Announces $10,000 Sweepstakes
From August 1st through December 31st, 2010, company will award 50 monthly winners and 1 Grand Prize winner of $10,000. Sweepstakes will incorporate social media channels like Facebook, Twitter and... (PRWeb July 30, 2010) Read the full story at http://www.prweb.com/releases/2010/07/prweb4327744.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 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 The Hampshire Companies Announce the Appointment of Thomas Maron as...
The Hampshire Companies, a full service, private real estate investment fund manager with equity in assets valued at over $2 billion, has announced the appointment of Thomas Maron as Assistant... (PRWeb July 30, 2010) Read the full story at http://www.prweb.com/releases/2010/07/prweb4318524.htm State and Federal Deadlines Approach for Mortgage Loan Originators to...
New Smart Grasshopper Learning Web site offers NMLS approved courses through the Association of Mortgage Educators to meet S.A.F.E. deadlines. (PRWeb July 30, 2010) Read the full story at http://www.prweb.com/releases/SmartGrasshopper/072910/prweb4325904.htm Travelers Looking to Rent Accommodations through New York Habitat can...
Booking a vacation rental with New York Habitat is now easier than ever with online video tours of apartments. Travelers booking accommodations can now view apartments through online videos and get an... (PRWeb July 29, 2010) Read the full story at http://www.prweb.com/releases/apartment-video/tours/prweb4318914.htm
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