If you’re reading this, then I’ll go ahead and assume you’re thinking about how you can make serious money so you can start living the lifestyle you want while you are still young enough to enjoy it.
Well, you’ve come to the right place because I’ve done exhaustive research on the subject and I’ve witnessed firsthand what happens when some poor schmuck assumes he can retire early and sail off into the sunset relying on a salary and pension alone.
With this article I’m going to be offering two very important steps to gaining financial freedom.
The Old Rules Of Financial Planning No Longer Apply
Let me back up a second, and explain that by “poor schmucks” I’m talking about people who think they plan for their financial future with a salary and pension alone. That was once true but not anymore. Sure, back in the old days (think the Baby Boomer years), it was expected that if you graduated from high school or college and then got a job that you stayed in for thirty or forty years, then you’d be able to retire with a nice pension that would allow you to live out your golden years in relative, if modest, comfort.
Well, I’m about to turn this entire concept on its head because here’s a shocker…. This deal is no longer working for people!
It seems like the poor workers have been the last ones to get the news that this paradigm actually no longer works. With the gutting of labor unions over the last forty years, the benefits offered by management in most U.S. jobs are no longer what they once were. This is simply a casualty of the global economy as U.S. companies can outsource everything to third world countries or countries with lax labor laws. Anyway, the point is, there is no longer a guarantee that a salary and a pension are the best ways to ensure your long term financial stability.
Do not despair! It’s not all doom and gloom because I’m here to tell you there’s definitely a silver lining here that could actually mean workers today, who take advantage of that silver lining could end up accumulating more wealth than their parents’ generation ever dreamed possible.
With the advances in telecommunications and the internet, the average Joe has more opportunities to make money than ever before. Have you ever noticed that the richest people on the country, the top 1%, don’t make their money from a salary? They don’t pay much in income tax either. The reason for this is that they make their money from various investments that reduce their tax liability! These people aren’t stupid and they’ve figured out a long time ago that the best way to accumulate income IS NOT by drawing a paycheck.
Create New Rules of Financial Planning That Work For You…
“Okay,” you’re thinking, “so, let’s get down to some details on how I can actually make some extra money!” Well, let’s start by saying that I’m not advocating you quit your job. At least not yet.
The first thing you need to think about in terms of making money is that you need to have multiple streams of income. If you only have one source of income (for example, from your employer), then you’re completely dependent on that source of income for EVERYTHING. In my opinion, and in the opinion of the top one percent of the wealth in this country, that is not a good thing. Instead, you want multiple streams of income coming in for you so if you lose one or one decreases during a give period of time, no big deal, you still have several others working for you.
Next, you need to start thinking about where these streams of income will come from. That’s the hard part! Well, let me first say that the key is to have several passive streams of income. It simply won’t work if you’re trying to actively work several sources of income at the same time, you simply won’t have the time in your day to do this.
Instead, you need to establish what are essentially passive investment vehicles that will trickle an acceptable amount of cash flow to you on a consistent basis. Now, there are all sorts of options out there that are ripe for the taking if you now what you’re looking for. I’ll offer a couple in this article and will be offering more in the months to come!
STEP ONE: Build Capital By Cashing In On Little Known Opportunities Available Over The Internet…
So most people live paycheck to paycheck in this country. That’s just a sad fact.
Not only that, but most people have no time to work an extra job because they’re already working way too much with their day jobs as it is. A little secret for you is that there are ways to make money by doing little to no work at all online. If you take the time to look around and see what opportunities are out there, you’re going to find some interesting, little known offers that can bring in extra money.
The good news here is that the internet makes it possible now to find new ways of making money. There are TONS of companies out there online that are looking for people to do all sorts of simple assignments in order to increase the company’s bottom line. Everything from taking surveys online to participating in market research questionnaires are all done for the purpose of helping these companies make money. What that means for you is a little side money!
Now, it may not sound like much at first, but you get a whole bunch of these going at the same time, and you’re looking at multiple sources of income coming in for you. Once you start building up some capital, you can then invest that money.
I mentioned the survey thing because it is this easiest and most brainless way to make a buck. But if you are serious about making real money (like 5 figures or more per month you’d probably be far better off getting into Internet marketing with a program like AffiloJetpack, or learning how to trade currencies or stocks from home…)
STEP TWO: Smart Investment Strategies…
Once you’ve started accumulating a little capital through your little streams of income, you can start looking into investment strategies. In my opinion, it’s wise to have a mix of traditional investments like blue-chip stocks as well as some hard assets. In addition you may want to consider alternative currency options.
Some people may scoff at this idea, but just look at what happened to some who invested in Bitcoin. They made a killing! There’s a wide range of options from binary options and forex to commodities trading to chose from. There are even some popular auto-traders out there that do all the work for you!
Alternative currencies are considered by many to be the wave of the future and with advances in telecommunications and the ease in which you can trade, it would be foolish to ignore them. Some experts predict that as the global economy becomes more and more interconnected, more and more people and institutions will begin using alternative currencies as a viable currency. With this in mind, I would recommend learning about alternative currencies and find out which ones are right for you.