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 Make Residual Income research. Choose a residual income vehicle and implement your financial freedom plan today!
Make Residual Income Information
Drive-by Giving — Drives Wayne Homes’ Annual Charity
Wayne Model Home Centers throughout Ohio and in Pittsburgh were used as drop-off locations, where Wayne customers, trade partners, and members of the community could get into the act. (PRWeb February 03, 2012) Read the full story at http://www.prweb.com/releases/2012/2/prweb9161128.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 Michael Merrill Joins the John's Island Real Estate Company Team
John's Island Real Estate Company is pleased to announce that Michael Merrill has recently joined our team of real estate associates. (PRWeb February 02, 2012) Read the full story at http://www.prweb.com/releases/2012/2/prweb9159638.htm Constellation HomeBuilder Systems Unveils New Solutions at the 2012...
Constellation HomeBuilder Systems, the leader and most trusted provider of residential home building software solutions, unveils new solutions at the NAHB International Builders’ Show from February 8... (PRWeb February 02, 2012) Read the full story at http://www.prweb.com/releases/2012/2/prweb9159922.htm Security America Mortgage, Inc. Recently Announced More Affordable VA...
Security America Mortgage, Inc. Proudly Announce More Affordable Homes Using VA Loans with the Company now Licensed in Orlando, Florida, Texas, Colorado, North Carolina, Arkansas, & Louisiana! (PRWeb February 02, 2012) Read the full story at http://www.prweb.com/releases/2012/2/prweb9116154.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 EcoHome Magazine Launches Vision 2020
Cross-Disciplinary Team of Sustainability Experts Convenes to Map Critical Path (PRWeb February 02, 2012) Read the full story at http://www.prweb.com/releases/2012/2/prweb9159703.htm
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