Is there a quicker alternative that gives financial freedom?

Do we need to be doing something for the rest of our lives or is there a quicker alternative that gives financial freedom?

Yes, I hear you, it’s passive income that is needed.  Let’s just take a moment to look at the details. We all know what a job is and some are not quite sure about passive income.

We need to have enough money to feed ourselves and pay for all the other basic necessities we have.  We also need to have enough money to go on holiday and visit distant family members.  We need money for our children and for their education and many other things. In essence we are able to very simply break down what is needed, into a sum of money.

This money is not need all at once, it is needed just in time, on a monthly basis in the form of an income, however this income is needed for the rest of our lives and needs to be secure because the older we get the less able we become! 

In essence we need a certain amount of income each month and this amount increases or decreases depending on our responsibilities or life style.

Our income options are:

·         1, A job we are involved in and gives a monthly income,

·         1, A business that we are involved in and gives a monthly income,

·         1, A network marketing business we are involved in and gives a monthly income,

·         2, A network marketing business where after achieving a certain goal we no longer need to be involved in but can look after and the business becomes an asset which then gives a passive income or capital gain pay-outs,

·         2, A business we create and work ourselves out of but continue look after and becomes an asset,

·         2, Buy or acquire assets which then gives a passive income or capital gain pay-outs,

To summarise we are either involved in (1) something that gives us an income or we have an asset (2) that gives us a passive income or capital gain pay-outs over time.

We can have financial freedom in the near future if we create an extra income that catapults us into creating a passive income that is greater than the sum of money needed on a monthly basis.  Join us at our Taking Action, Making It Happen meetings where you find encouragement to become financially free.

Take action, take control and measure your success!

Jonathan