PASSIVE PLUS RESIDUAL INCOME
HOW TO STOP LIVING PAYCHECK TO PAYCHECK.
Residual income business opportunity
Forms of residual income
Top residual income business
Passive income is income that requires little to no effort to earn and maintain. It is called progressive passive income when the earner expends little effort to grow the income.
Examples of passive income include rental income and any business activities in which the earner does not materially participate.
Some jurisdictions’ taxing authorities, such as the Internal Revenue Service in the United States of America, distinguish passive income from other forms of income, such as earnings from regular or contractual employment, and may tax it differently.
EXCESSIVE DEBT, STUDENT LOANS, MAX OUT CREDIT CARDS, NO SAVING ACCOUNT
I’m getting by, I’m getting by is a phrase that needs repeating because without
residual income and passive income elevating oneself from poverty
too poor to Middle Class is simply not possible.
The 5 steps to Middle Class are:
1. Cutting spending 2.Cutting debt 3.Saving 4.Investing 5.Earning additional income
Cutting spending allows one to have more disposable income to pay down debt faster.
Cutting debt allows one to save more.
Saving allows one to invest more.
Earning additional income allows one to do all the above 4 and enjoy
Reading the books below will be extremely helpful in achieving your
financial goals. Audiobooks are available to listen to running, traveling
to and from work, or just setting back relaxing and enjoying a cup
Some of the listed material is free. Some cost a few dollars.
By investing a few dollars in your financial future you can stop
living paycheck to paycheck and build the wealth you so richly
In 2020 thousands of individuals and families will become millionaires.
So, Should everyone. Starting today it is your choice to begin
reading, studying, practicing, living the financial freedom life.
ORDER ATLEAST ONE BOOK NOW. GOD BLESS GODSPEED
What is self-help and how can it help?
What is the first step to self-help?
What is the best books for self help?
How to restore your self esteem?
What are the self help skills?
What are some examples of Self-Help Groups?
These books will be of some help. Read, study, practice
and live a life of high self esteem. These books and
authors have help millions.
5 Good Reasons a Self-Employed Professional Should Take Vacation
So you think you’re not justified in taking time away from your business because you’re self-employed? Here are five great reasons why you should definitely take a vacation.
business, self-employment, vacation, peace of mind, good business management
So you think you’re not justified in taking time away from your business because you’re self-employed? Here are five great reasons why you should definitely take a vacation:
1. Physical down time
You work hard to grow and maintain your business. Trying to be superhuman will certainly take its toll if you allow it to. Give your body a break by taking in some R&R. STARTING A BUSINESS
2. Mental down time
Your days are filled with busy, sometimes even hectic, day-to-day activities related to your business.
If you don’t allow yourself to get away from it once in a while, your peace of mind and general well-being will most definitely suffer. Get out and play. Your mind will thank you!
3. Spend time with loved ones
Your family and friends see you working, working, working, sometimes rarely coming up for air. Both you and they will appreciate spending some quality time together.
4. See the world (or your own back yard)
The important thing is to do something you enjoy, whether it’s traveling or, if that’s not your cup of tea or you don’t have the budget for it, spend time at home.STARTING A BUSINESS
If you also work out of your home, this could be challenging. The key is to stay out of your office during your vacation time. Try getting creative with this. Make your office “off limits” by closing the door and placing a sign on it. Do whatever it takes to keep your mind off working.
How about a hobby or a day trip to the beach? Think of what you can do within your budget that’s fun. Or do nothing at all!
5. You have a life
Although this one is a no-brainer, it surprises me how many small business owners don’t feel as if they deserve time off. There is too much to do, and not enough hours in the day to get it all done. Well, I’ve got news for you.
It’s always going to feel that way! Only you have the power to allow yourself time off. Even if you prefer only to take a day here and a day there instead of a week-long (or longer) vacation each year, that’s a whole lot better than never taking time off.
Trust me, you’ll feel better about yourself and your work if you take regular vacation time. You’ll be healthier, too!
RELAXATION CREATIVITY LEISURE
Starting a business/ monetizing your hobby
So many persons have hobbies they enjoy doing at their leisure. It could be playing games, photography, watching television, blogging, basically anything.
But do you know there is great joy in turning your hobby to a money making venture? Won’t that be something? Doing what you love and earning from it!
Lots of people don’t see how this is achievable considering they have other jobs to do. I will give you a very good example with someone whose hobby is taking pictures.
Photography can be of any type, nature/ wildlife shots, snapping people at the park or particular interest pictures. You could simply turn this love you have for capturing moments into a business.
Either as a studio photographer or as a photography blogger. Now to monetize your hobby, there are things you need to think through. Below are a list of things to do when monetizing your photo hobby.
1. Give it a name
! As simple as this may sound. It is very important to give your new business a befitting name. A good catchy name means it will easily stick in your potential customers mind.
You don’t want a name that doesn’t roll of the tongue. For instance, Joe’s amazing photography. Think something short and punchy like Joe’s shots/ Joe’s photos. A catchy name is very vital when starting a new business.RESIDUAL INCOME/PASSIVE INCOME
2. Do your research:
This is probably the first thing you should do as it is very vast. You’re going to make research for several things. You have to check and confirm if the name of the business is already taken.
You have to research the business itself, how rampant it is in the area you want to start it. Do people in the area appreciate the services you are going to offer.
You have to research potential competitors as well. Check how successful they are, how they go about their business, how do they operate.
Proper research is very vital any how you look at it, wether you do it yourself or hire someone to do it for you. Make sure you do a very in-depth market research before you start any business.
3. Working tools
Tools and equipments are very important in any business. You don’t start a welding business without a protective welding glass. What materials do you need to start the business?
Make sure the things you need are ready. Check for the ones that are most important to start the business and buy them if you don’t have them already.
If it is the photography business you want to start, then you will need a camera, a good one of course, you may or may not need a stand, a camera stand, etc.
4. Registration and license
Off course you don’t just select a business and start without proper registration and license. It is important to go to the nearest licensing agency in your area and get registered.
Once you’re licensed, secure your license and keep it safe. It shouldn’t take more than a week to get licensed in any field of choice.
Everyone would think that top timeshare travel destinations would only be in coastal states like Florida, North Carolina, Cancun (Mexico) and South Carolina.
But you would be amazed to find that even places like Nevada, California and Minnesota are vying to occupy the top timeshare destination spot.
Also the rocky mountain states of Arizona and Utah are also not far behind. Each of these destinations has some special traits which attract visitors from all over the world. Not to forget the kind of amenities these destinations offer which makes them a crowd puller.
Talking of Florida, one destination that immediately strikes everyone’s mind is Orlando. It is considered to be the most favorite family destination in the world.
Home to some of the world’s largest and most popular entertainment companies it has number of wonderful theme parks to surpass the expectations of families across the globe.
The unlimited and impressive list includes Disney World Resort, Universal Studio’s Universal Orlando Resort, Sea World Orlando and Islands of Adventure.
Millions of tourists around the world are overwhelmed by the joy and excitement offered by these resorts. Daytona Beach is also one of the world’s most famous beaches with nearly twenty three miles of beach front.
It offers visitors a chance to experience sailing, surfing and jet skiing. Many competitions take place round the year here.
When thinking of vacationing who can forget Cancun, Mexico which is know for its white sandy beaches, great weather, bright blue sky and outstanding hospitality. One can get attractive timeshare packages and vacation discounts here.
Next on the list is Hilton Head Island, South Carolina. This destination is popular for its mild climate round the year. It offers excellent golf courses and cruises with the experience of watching dolphins.
One of the main attractions of Cancun is the swim with dolphins feature and interactive aquariums.
It is also home to many world class resorts. It also offers best of night life with many bars serving free drinks also. Nearly four million visitors pay visit to Cancun every year.
One can never ignore California when it comes to tourism industry. While Anaheim is home to Disneyland providing greatest excitement and pleasure and offering great discount on timeshare accommodations one cannot return without visiting San Francisco and experiencing its magic.
The list of attractions include Fisherman’s Wharf ,Ghirardelli Square, Coit Tower, the mansions of Pacific Heights, world’s biggest Chinatown outside Asia, Union Square, world renowned landmarks like crooked Lombard Street.
Night life is one of the greatest. One can go hiking also in Muir Woods and taste world’s greatest wines. Cable rides, Pedi-cabs, Pier 39 etc. there is fun unlimited in San Francisco offering you the complete experience of your lifetime.
Las Vegas, Nevada is not far behind any other timeshare destination as it offers visitors the 360 degree of entertainment. It is second to none in providing the ultimate in fun and excitement.
It is the casino capital of the world and wouldn’t be wrong to call it the night capital of the world.
Whatever one can think of, Las Vegas has it and that too the greatest of them all, big hotels, big casinos, big convention halls, big malls and what not.
You only some good cash in your wallet if you visit this place and rest assured you will get the fun of your lifetime. Continue reading “TOP FAMILY DESTINATIONS”
SETTING GOALS FOR 2020
A great place to start with setting goals to get a book on goal
setting. Everyone set goals for the New Year. How many write then out,
remember then and develop a plan of action to achieve then.
Goals are important. Even more important is a plan of action to achieve
Stop and think for one moment about the joy you will have when you
successfully achieve your 2020 goals.
Available to everyone is lots of Self Help books on setting goals.
For a only a few dollars ordering a book every month is one
of the best investment in your self, your future you will
Goal Setting workbook is a great asset to have when you
start your organize goal planning. HOW IMPORTANT ARE YOUR
How to identify your goals, how to write smart goals, what are
examples of goals & objectives, how to use goals in your
writing, conversations, and daily activities.
What are your top 10 general goals? Are they smart goals examples,
clarifying goals versus objectives.
OBSTACLES: Overcoming the greatest obstacle of all – PROCRASNATION
DO IT NOW — 2020 IS YOUR HAND GOOD LUCK AND GOD SPEED
HAPPY NEW — LET IT BE A HAPPY AND PROSPEROUS ONE!!!!!