Create your mini asset base

Once you begin to create your mini asset base, what kind of return on your assets should you expect?  I say at least 10% to overcome the major stumbling blocks of purchasing power:  taxes and inflation. Don’t let fear control your money!  There are many ways to produce residual income and each one has a different amount of risk.  Look for those vehicles that suit your risk level.  Use your time and knowledge wisely so that you can work smarter,...

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Do you know how you spend your money?

I don’t just mean the big purchases, but every single penny?  In order to succeed, you must!  In reality, you should need to vicious.  Try looking at this case in another way.  Let’s say that you receive a paycheck every week for $1000.  You open the envelope each week and there you find the $1000 check.  But one week, when you open the envelope, you find only $900. What would you do?  I suspect that you would be on the phone and finding out...

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Getting Rid Of Expenses And Debt

If you’re ust like other ordinary people, your cash flow is just flow through your ATM each month. Because most of it is spent on your monthly living expenses, this means that if you have only a linear-income you must keep working every single month to pay your monthly bills. Take a look at the following rules, to get a better idea of what things should be like: Cash pays for the goodies, or “Happiness is a positive cash flow!” Cash...

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