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 Passive Residual Income research. Choose a residual income vehicle and implement your financial freedom plan today!
Passive Residual Income Information
Short Sale Agent Training at Foreclosure.com Receives Key Approval...
Agents can now earn continuing education credits during live training, gain access to lender-approved HAFA listings and much more for becoming short sale certified (PRWeb September 09, 2010) Read the full story at http://www.prweb.com/releases/shortsaletrainingfor/realtors/prweb4448604.htm Memphis Based Leader Realty Chooses Lasso CRM Home Builder Sales...
Leading Mid-South Realtor selects Lasso Data Systems CRM marketing & sales system (PRWeb September 10, 2010) Read the full story at http://www.prweb.com/releases/2010/09/prweb4487204.htm Condominium Concepts Management adds Berkeley Heights Mixed Use Site...
Condominium Concepts Management continues to expand their property management services throughout the Southeastern United States. (PRWeb September 09, 2010) Read the full story at http://www.prweb.com/releases/2010/09/prweb4471794.htm NOI Capital Partners Bucks Houston Apartment Slump
Despite Downturn, <a href="http://www.noiamerica.com" onclick="linkClick(this.href)">Texas Apartment Manager</a>... (PRWeb September 09, 2010) Read the full story at http://www.prweb.com/releases/2010/09/prweb4455264.htm Ashton Woods Opens Two Premiere Communities in McKinney and Frisco....
Private New Home Communities Offer Exclusivity, Luxury and Lifestyle Wrapped in Energy-Efficiency. (PRWeb September 09, 2010) Read the full story at http://www.prweb.com/releases/dallas/new-homes/prweb4474714.htm Renewed Demand for Prime London Property
Despite a challenging environment, the prime London residential sales market has enjoyed a strong pick-up in the first half of 2010. (PRWeb September 09, 2010) Read the full story at http://www.prweb.com/releases/2010/09/prweb4472004.htm RedVector’s GreenView Blog on Green Building Catches On with...
Subject matter experts and industry insiders on the front lines of the green building and sustainable design revolution weigh in with commentary captures attention (PRWeb September 09, 2010) Read the full story at http://www.prweb.com/releases/2010/09/prweb4470674.htm
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