The world is abuzz with the concept of earning money with nary a sweat. Passive residual income is true and available to whoever dares to look. It consists of two facets. One where money comes in whether one is on vacation, in the bath or in their corner office. The other facet is having funds left over after all financial obligations have been met. These two make for a financial model that caters to the dream life.
The best thing about such financial models is that they allow for freedom. They allow flexibility to do whatever. To spend above the pay grade. Whatever one desires, they can afford. One gains freedom from financial stress. Freedom to take career risks. Just freedom.
Opportunity will rarely ever knock a second time. Worthy opportunities will often require money and time. With a model that allows for leftover money, one can answer the door to whatever opportunities they deem fit. It takes money to make money. With this option, one can work to deepen their financial well. Ever hear of the employee who commented on a car owned by the boss? The response was that if they work hard enough, the boss will get a new one the next year.
Stress leads to many inconvenient and fatal situations like sickness and road accidents. Most of the stress that leads to these things is caused by work. One worries himself or herself sick that their salary will not cover their obligations this month or that they will be unable to meet their car payments. If that job is not the ultimate life mission then forget it. Skip out and start that barbershop or fruit stand. The key is keeping oneself happy. Having the time to care for the health and well being of the family.
As one goes down to sleep at night, there is that one thing they wish they could wake up the next day and do. It could be traveling or starting their own business. The reason they never follow their dream is the financial uncertainty. What if they leave their volatile workplace to start a little cake shop that never really works out? What then? The job market is cutthroat, they probably would never find another job. Having a stream of money coming in that one does not have to work for would be useful. It would allow for the luxury of dreams.
The first thing should look for in a model is consistency. This is key. It will ensure that one does not go knocking around for jobs in their sunset years after enjoying life. Consistency means a steady supply of money for as long as one lives. Probably after, you know, for the children and their children.
How long will the model pay out? Is there a cap? Is there some sort of renewal required? Will it require some work in the future to ensure money keeps coming in? How much will be paid out? Will this amount stay constant?
While choosing a model, one should do as much research as possible. Taking the wrong step could be detrimental. One must find out all the ways in which a model can earn money. They need to ensure all these ways are actionable. They need to make a plan for activating these ways. Only after having enough information will one take the plunge.
The best thing about such financial models is that they allow for freedom. They allow flexibility to do whatever. To spend above the pay grade. Whatever one desires, they can afford. One gains freedom from financial stress. Freedom to take career risks. Just freedom.
Opportunity will rarely ever knock a second time. Worthy opportunities will often require money and time. With a model that allows for leftover money, one can answer the door to whatever opportunities they deem fit. It takes money to make money. With this option, one can work to deepen their financial well. Ever hear of the employee who commented on a car owned by the boss? The response was that if they work hard enough, the boss will get a new one the next year.
Stress leads to many inconvenient and fatal situations like sickness and road accidents. Most of the stress that leads to these things is caused by work. One worries himself or herself sick that their salary will not cover their obligations this month or that they will be unable to meet their car payments. If that job is not the ultimate life mission then forget it. Skip out and start that barbershop or fruit stand. The key is keeping oneself happy. Having the time to care for the health and well being of the family.
As one goes down to sleep at night, there is that one thing they wish they could wake up the next day and do. It could be traveling or starting their own business. The reason they never follow their dream is the financial uncertainty. What if they leave their volatile workplace to start a little cake shop that never really works out? What then? The job market is cutthroat, they probably would never find another job. Having a stream of money coming in that one does not have to work for would be useful. It would allow for the luxury of dreams.
The first thing should look for in a model is consistency. This is key. It will ensure that one does not go knocking around for jobs in their sunset years after enjoying life. Consistency means a steady supply of money for as long as one lives. Probably after, you know, for the children and their children.
How long will the model pay out? Is there a cap? Is there some sort of renewal required? Will it require some work in the future to ensure money keeps coming in? How much will be paid out? Will this amount stay constant?
While choosing a model, one should do as much research as possible. Taking the wrong step could be detrimental. One must find out all the ways in which a model can earn money. They need to ensure all these ways are actionable. They need to make a plan for activating these ways. Only after having enough information will one take the plunge.
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