Secrets To Creating Passive Income and becoming financially free - even in a slow economy
0980194199
9780980194197
Description:
This is the place to start, if you want to discover how many new ways there are to create passive income. It is designed to be an idea generator with a plan of action built in.
The Secret to Becoming Financially Free is a simple equation: Passive Income greater than Expenses equals Financial Freedom! The financial gurus of our time teach that your money has to work for you if you are ever to reach Financial Freedom. Passive Income is the best way to accomplish this. When you think passive income, most people think stock investing, real estate investing, book royalties or savings accounts. Those are all good, but only represent a handful of the potential passive income streams that are available to you. This book is intended to get your creative juices flowing, give you ideas, tools and resources so that you can increase your passive income up to the point where you re financially free.
There s an old silly saying, The one who dies with the most toys - wins! We'd like to replace that commonplace saying with one that makes a lot more sense. The one that gets free first, wins!
Table of Contents
Introduction to Financial Freedom
About the Authors
Gift to Our Readers
Why the Hours For Money Model Doesn t Create Financial Freedom
It Takes Money To Make Money is a Myth
How the Rich Do it
Do Us A Favor...
Idea Fest:
The Value of an Opinion
The Value of a Problem
The Value of Experience
Practical Application:
How to Get Paid for What You Already Know
How To Get Paid for What You Want to Learn
Duplicating Yourself
Making Your Resources Work For You
Making Your Money Work For You
Your Needs, Your Goal:
Calculate Your Expenses, Know Your Goal
Pep Talk
Can You Decrease Your Expenses Anywhere?
Should You Increase Your Expenses Temporarily?
How Much Income Do You Bring In now?
Create A Plan
Conclusion:
Pass It On
The Challenge
Sources & Resources
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