We’re in the first year of a new decade, and you have a great financial challenge ahead of you in the next ten years. Now, more than ever before, you have to figure out how you will create lifetime income for yourself and your family. Sustainable income, at the level you want, to live the [...]
Archive | Income and Earning RSS feed for this section
The Financial Challenge of the Decade
By Carol Akright on September 13, 2011 in Cash Flow, Dream Funding, Financial Goals, Income and Earning
Money Habit #17 – All Savings Need to Earn Interest
I don’t know a single wealthy person who keeps significant sums in a checking account that does not bear interest. The theme here is your money has to earn money. Make your savings work for you. If your current checking account does not bear interest, move the money elsewhere. Plus any money saved that needs [...]
Money Habit #12 – Residual Income – A Requirement for Wealth Building
No matter how hard you work, you have only so many hours in the day. A surgeon making $1,000/hour, still has just 24 hours and cannot work all of them. If you are trading your time for hourly dollars as your only source of income, you’ll never get wealthy – or it will take you [...]
Money Habit #11 – Using Your Talents and Interests to Make Money
Have you taken an inventory of your total list of talents, skills, interests? Wealthy people utilize what they do best, or love the most, and make money offering these abilities and services to others. Perhaps you write well and could be a ghost writer on-line via E-lance. If you’re mechanically handy, you could do “Honey-Do” [...]
Money Habit #10 – Creating Multiple Streams of Income
Wealthy people have more than one way to earn money. Most have entrepreneurial endeavors that exponentially increase their ability to accumulate wealth. Even if you have a salaried job, it should not be your only source of current income. Have you considered joining a network marketing company to build your very own small business income [...]