The Parent Trap

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Parent advice

THE PARENT ADVICE : GET A JOB AND WORK AT IT ALL YOUR LIFE 

Working a 9 – 5 job is most likely what your parents will tell you to do.

Earn a weekly wage and swap time for money   ‘ a fair day’s pay for a fair day’s work’

Find a lifetime  career in a job that rewards you with great benefits and job security for life.

Perfect!!

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That was good advice if you were living in the 1960’s !

If you are swapping your time for money then you are earning a linear income.

What is a linear income ?

Ask yourself this simple question   ” if I stop working do I stop getting paid “?

If your answer was yes then you are trading your time for money and are earning a linear income .

It stops when you do!

Most people work this way.

Its what our parents did and their parents before them and we were ( and still are ) conditioned by society to work this way.

After all love it or hate it,  money is a necessity!

There is another way you can earn money- its called Residual Income

Examples of Residual Income would be:

  • Investments such as owning property which earns you rental income
  • Owning  stocks or shares which pay a dividend
  • Having Intellectual assets such as a book or a song you have written where you get a regular royalty payment
  • Having a referral marketing opportunity where you get paid on your referred customers purchases

Instead of trading time for money you could be creating a residual income because as it does not depend solely on your time  to make it grow. 

I have an opportunity for you that  is your chance to make Residual Income without the major cash investment of some of the previously mentioned examples

Find out here 

 

REMEMBER :  A RESIDUAL INCOME IS YOUR GET OUT OF JAIL CARD