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 Residual Income Stream research. Choose a residual income vehicle and implement your financial freedom plan today!
Residual Income Stream Information
ONE Sotheby’s International Realty Acquires Coral Gables Real Estate... ONE Sotheby’s International Realty, a premier and global real estate firm specializing in luxury properties throughout South Florida, announced today it has acquired RE/MAX Elite Properties. The... (PRWeb September 07, 2010) Read the full story at http://www.prweb.com/releases/2010/09/prweb4471454.htm Miami-Dade Pending Home Sales Continue to Rise Total pending home sales – including single-family homes and condominiums - in Miami-Dade County increased 33.7 percent in August 2010 compared to August 2009, from 7,570 to 10,119, and increased .06... (PRWeb September 03, 2010) Read the full story at http://www.prweb.com/releases/2010/09/prweb4460114.htm BP Oil Spill Dollars Flow into Destin Okaloosa County offers $200 Visa® gift card to vacationers who book and stay between September 17th and the end of October. (PRWeb September 04, 2010) Read the full story at http://www.prweb.com/releases/BP-Oil-Spill/Destin-Florida/prweb4460174.htm Blinds Chalet Launches Major League Baseball Window Shades Line Blinds Chalet launches Major League Baseball (MLB™) window shades line. (PRWeb September 06, 2010) Read the full story at http://www.prweb.com/releases/mlb-roller-shades/blinds-chalet/prweb4465644.htm Elliott Realty’s Myrtle Beach Golf Authority Announces ‘Rally for the... September 11th Tournament at Eagle Nest Golf Club in Little River, S.C. to Support Breast Cancer Awareness (PRWeb September 03, 2010) Read the full story at http://www.prweb.com/releases/2010/09/prweb4460804.htm
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