how to make money work


  • For the rich, the work - time, and for the poor - is constant
  • Passive income as the possibility of earning
  • Think like a millionaire

Most people believe that in order to become rich and to earn good money, it is only necessary to work hard. However, this common perception is not entirely true. Naturally, the first question that comes to mind - why? Look around you - what do you see? Many people around the world every day go to work, get paid, but it is not all they own millions?

Most of them can boast an average life of a poor man, who have enough money for exactly that to meet the minimum needs for food, shelter, clothing and the usual vacation on the popular tourist route. At the same time others spend time relaxing weeks at foreign resorts, floating on their own yachts, tennis playing and entertaining themselves shopping. What do you think, who is that? Of course, the rich people! So how do they manage to make first, and then to spend huge sums, while not sitting out in the office all day? The answer is simple: they know how to make the money work!

For the rich, the work - time, and for the poor - is constant

Those who can not bring himself to act, so all my life and will lie on the couch, did not know anything. Naturally, that you have the money you need to work hard. However, the need to properly and wisely spend and invest obtained finance. This is exactly what distinguishes the rich from ordinary people: they make hard work in "reasonable" by hiring others to work for themselves. For those adventurous ladies work - it really is a temporary phenomenon, and for the others - permanent. Rich understands that spending a lot of time in the office should be only up to a point, until the money will bring additional revenue to its owner, who, mind you, from this moment becomes more freedom.

Today there are many books on how to become successful, and in each of them the main idea is that the money - power. People who have become financially independent, just learned how to replace the labor energy which is produced by a professional activity, its other forms. To do this, they use hired labor, capital investment and economic systems. If you want to become rich, remember that first you work for money, and then - they are for you, and for that they should be directed in the right direction. Therefore, the main goal - to make finance work for themselves.

Everyone deep down wants to be free from circumstances, people and things. To do this, he needs not only internal but also external, ie financial independence. It is the latter provides an opportunity to do what you want. Naturally, in order not to go to work, do not bow to the boss, but instead to travel and pursue their dreams, must have a certain reserve funds. So, anyway, but you need to make, is not working. Do you think it is feasible? In vain you think so! Get this privilege can be, if we find enough passive income that will provide the kind of life to which you aspire. That is, a person becomes financially independent when its additional income exceeds the basic costs.

Many people are working hard on some "uncle" for the sake of not too posh salary. But why do that when you can earn more while spending less personal time and effort? To do this, concentrate on finding the source of passive income. There may be two. The first - the money that will work for you. For example, investments in bonds, notes or securities, mutual funds, transactions on the market short-term loans, as well as the possession of different objects of real estate can bring additional profit.

The second source of passive income is business. It may be owned by the profit to you personally or jointly with someone enterprise successful activity which does not require your direct involvement. It also includes income from the rental of property, possession of patents, royalties for music, books, or, say, own developed software, franchising, and so on.

The list is endless. In fact, any business, you organized and works without your participation, it is considered passive income. The main objective is to bring money to the business, not you personally, spending their strength and energy. Therefore, if you want to get rich, learn to think, respectively - are looking for additional opportunities, properly invest the earned finance and develop. Only then you will succeed.

 how to make money work

Passive income as the possibility of earning

Meaning structures that generate passive income can not be overstated. Without them, you will never become financially independent. For example, if you closely consider network marketing and understand the very essence of this business, you can understand that this is a great idea. Why is that? First, it often requires a large initial investments. Secondly, the right to organize and establish a process in the future, you can earn a percentage of sales for many years, and the note is not necessarily to go to the office every day to take part in the business - he will work for you.

It would seem that everything is simple and clear! However, most people question the organization and retrieval of passive income baffled. There are several reasons. The first is that since the childhood parents say their child: "Need money? Go to work! ". So they deliberately set up their child for a further eight-hour labor. They do not advise: "Get into the source of passive income." Therefore, a person even does not occur, it's possible, since this phenomenon for him alien and incomprehensible.

The second reason - lack of knowledge of the specifics of the organization sources of additional income. As a result, most people simply work in any company, getting paid, and do not do anything to get richer. Rather, they think that this will happen, if done in the office of ten to twelve hours, gradually climbing the corporate ladder. However, firstly, this process is very long and tedious, and secondly, you see, in most cases, having reached a certain level of professional development, a person simply can not continue to grow due to various reasons: the company's policy, "glass ceiling "and so on.

If you do not want every day to work as a draft horse in exchange for a penny, consider finding a source of passive income. To do this, you must first determine what kind of "beast" is and how to tame it. There is a lot of literature that helps people to "flip" the mind, to move away from the usual norms and stereotypes. For example, the American billionaire Warren Buffett, in his book entitled "Lessons from corporate America," shares with readers the intricacies of gambling, talks about how the business works, where to invest their finances and how they do not lose and multiply. Very popular Bodo Schaeffer advice on gaining financial freedom and the search for sources of passive income.

Not long ago, Robert Kiyosaki published book "Rich Dad, Poor Dad" became an instant bestseller. This is not the full list of "useful" literature, the authors of which - people are not poor, smart and enterprising, which can and should be. Therefore, read at least one of the above books - this will be your first step on the road to wealth and financial independence.

 how to make money work for them

Think like a millionaire

If you had the opportunity to change the scope of activities, go through thanks to which in the near future will be able to organize the sources of passive income. By making this choice, you will get more than you think - will make today and in the future will gain additional income without being tied to a specific workstation.

Another problem with most people - the pledged commitment to childhood Financial scenario. Wealthy people always calculate in advance the next steps, considering the ratio of expenses (daily, entertainment and other) and investment in tomorrow's independence. In that time, like a normal average poor person lives today, interrupting momentary pleasures. To justify himself, he said: "How can I think about the future, if you take my barely make ends meet? ". However, the main problem lies in the fact that very soon turn into tomorrow, today! And then what?

To become richer than you are, there are two ways - either make more money or reduce their costs. It is a question of priorities, which give preference to the poor "now" and the wealthy choose "reasonable relationship". In psychology, there is even a term such as "magazinoterapiya" - syndrome immediate purchases, when a man, not having sufficient reserve funds spent on dubious pleasure all that he has, thus trying to compensate for their dissatisfaction with the circumstances, the situation, life.

There are those who, on the contrary, decent earning, in all deny yourself, buy the cheapest clothes, do not go on vacation, but satisfy the minimum requirements. Where did they do with money? Just lay, as they say, a "rainy day." Both types of behavior described is not correct. In the first case the person simply lowers his small fortune and so on all the small stuff, and the subsequently leave with nothing. But too much skin a flint is not worth it, especially if you just keep savings in the "glass jar". Remember, they have to work for you! That is necessary not only to make money and spend wisely, and invest in their future, to get even more.

Note the rich buy real estate, the market value of which increases with time. They invest in stocks, bonds, business, buy supplies and the poor thing, and only collect accounts that can not pay. This is the fundamental difference. Therefore, if you do not want all my life to live on credit, learn to think like a millionaire. To do this, consider how each dollar of grain sowing which can grow hundreds of new greenbacks. Read useful literature about finding financial independence, opportunities for business development, investment study, and then choose for themselves some one area and become an expert in it. Learn to not only earn and spend wisely, and invest, thereby obtaining additional income.

So, to think like a millionaire, and subsequently become so, you must:

  • Learning - a stupid and uneducated man will never make enough money, even if it is to work without days off and breaks. Hence, develop: read the manuals and books on investing, through regular business publications, for example, Forbes, Wall Street Journal, «The power of money», Money and others. So you can get acquainted with the existing financial possibilities, you will understand the political situation, which in one way or another, affects the business.
  • Become an expert - to explore the possibility of investing, determine your niche and start to invest.
  • Make a plan - to sketch out a list of possible sources of profit in the business or in the investment field, and then analyze the market, financial risks, and then proceed according to plan. You need to focus not only on receipt of the "active" income and "passive."
  • Buy property - be the owner of the object, which subsequently will provide you with constant cash flows. Of course, this market, like any other, going through ups and downs, but in a few years you will still get more than you invested. If you are afraid to lose - so enough carefully studied these tips. Do not doubt yourself and invest wisely! You can lose on real estate transactions only if you have invested in it more than they could afford or are not sold in time to object, for example, during the recession. So be careful!

Now you know how to make the money work. By following these recommendations, constantly developing and investing funds earned, you will be financially free and be able to live the way you want!

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