Today is the day that you make a choice
Today is the beginning of the rest of your life
One one side you can continue down the path of cubicles, tiny pay raise, working for somebody that is always on your back (not in a good way), working for someone else to fulfill their dreams, (yep it ain't yours), down the path of misery, depression, ......
You can choose to do the things that others are not willing to do to change their lives, live free, work on your own terms, own your life again and have something to live for your children, your family,
What do you think? are you ready to take the first step toward the rest of your life???
Please live a comment on my page if that resonate with you
Friday, 29 June 2012
Saturday, 23 June 2012
Now that you know where you are and where you want to go, you need to decide on what vehicle you will use to get there. Start building your assets, Build and Keep Your Asset Base Strong
What type of assets should you acquire?
- Businesses that will not require my presence eventually. I own them, but hey are managed or run by other people.
- Mutual funds
- Income generating real estate
- Notes (IOUs)
- Royalties from intellectual property such as patents, books, etc.
- And anything else that has value, produces income or appreciates and has a ready market.
Talking for me, I have tried several
- Mutual funds
- Income generating real estates
- Gold and silver
But my favourites are real estate and gold and silver. Please do not consider your house as an asset. Why? would you say, if you don’t know the answer to that question yet, I need you to go and grab a copy of Robert Kiyosaki’s book Rick Dad Poor Dad. I have found a system to make real estate work for me, I did not get it right the first time, but I was willing to learn, and now I have way more good days than bad in real estate.
Gold and silver on the other hand well there is not much to say about it really, if you have a saving account, and you have your money sitting at the bank and doing nothing for you, well maybe you should start thinking about investing in gold and silver. If you want to know more about that please sent me a note and we can get into more details.
Now you need to find your plan B, what can you do to bring extra money in your household and contribute toward your retirement? What can you do to stop living pay check by pay check and live the life that you are meant to live?
Remember, you have to go after your dreams; nobody will bring them on a silver platter to you….
Until next time….
Thursday, 21 June 2012
In order to get out of the rat race, in order to stop living paycheck by paycheck, in order to go from point A to point B ....you need:
1-Know where you are - meaning how much money is coming in and out much is going out and you need to be able to track where your money is going. People say it I hard to budget, yes but a budget is not meant to be set in stone; you can change it until you get it right. In the old day's people did not know about budget what they did is just put the money in an envelope, nothing was bought on credit, as we love to do now, only the money you had was spent, wasn't life easier that way. I have come across this company,
2- Know where you want to go - either is buying a house, get married and have kids, start your own business, you need to know why you are here, we are all here on the heart for something, just find what your life purpose is and go for it. Remember, once you achieve one goal, you will set new ones, that is life we grow every day and we need to keep on growing
3-Have a plan B - your plan B needs to be something that give you money without you having to work for it, investment (real estate, gold, silver, and online business or regular business as long as it is giving you more cash flow than your current debt.
To get out of the rat race, to be financially free you need to have more money coming in than debt when your passive income is more than your debt than you are out of the rat race, please refer to Robert Kiyosaki books, but my favorite is Rich Dad Poor Dad.
Ok, I hope you enjoyed this post much much more to come, remember to subscribe to receive my post by email and like my page on Facebook: http://www.facebook.com/BeauzileMichaelle
Until next time…