I have learned that there are 2 types of income. This was something that I was really unaware of until not too long ago. Once I learned about the 2 types of incomes I learned that I was headed in the wrong direction, I was literally on my way to being a failure. A good friend of mine took some time out to explain the 2 different types of incomes to me.
First you have Linear Income:
With linear income, which is what we are all used to receiving right now, we trade time for money. We work a certain amount of hours or do a certain amount of jobs to receive a set amount of income.
We work 8-12 hours a day
We work 5-6 days a week
But, this is what really caught my attention because I knew it but I was unaware that this was the direction I was headed in.
We work 40-50 years and after dedicating all that time to working still about 95% of the people that retire under this system in the U.S retire broke. I don't mean broke as living under a bridge, but broke as only have enough money to pay bills and that is it.
Only 4% retire comfortable and only 1% actually achieve financial independence. This is when I realized that I was headed toward that 95%.
Then We Have Residual Income:
Residual Income is when we do the job well done just one time and we receive residual payments for the rest of our lives. There are only 3 ways to earn this type of income. You can write books, sing songs, or you can do Network Marketing.
Under this system a person can work just:
1-3 hours a day
2-3 days a week
This is what really caught my attention:
It is guaranteed that if you connect yourself to a team and an educational system, and of course put in the work.
In the next 2-5 years you can have your financial independence by earning the residual income payments from doing Network Marketing.
So I ask you this, What type of Income do you want to earn?
If you are interested in an opportunity to earn Residual Income just log on to my website for more information on the opportunity that has me on my way to my financial independence through Residual Income Payments.
Angel Benitez
www.abenitez.my4life.com
Sunday, December 27, 2009
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