Residual Income is the Key to Financial Freedom
By Richard Grimes
Robert Kiyosaki, author of Rich Dad Poor Dad, spoke often of how important it was
to be financially free in this generation. Many of us have chosen to deny our fates
and to choose a life full of success, by choosing financial freedom over financial security.
While most know that on this journey, we have all learned that success is not a destination
it is a journey. By mastering the keys to be financially free, one knows that it is very
important to know how to create residual income, or passive income. Residual Income simply
means income that keeps coming in month after month, week after week, continually without
you doing any work to keep it coming in.
A great example of Residual income would be when you invest into real estate, and then you
rent it out to a tenant, and every month he pays you income. This is a way most people in
this world have decided to choose to follow their destiny by letting real estate be, their
vehicle to creating residual income. You could also join a network marketing company, work
with them to create a business, and after you become a success, most of the time what you do
in the beginning will continue to pay you, long after you stop working.
When I was in college, I was approached by a man who told me that if you want to feed a man
for a day you feed him a fish. He then said if you want to feed a man for eternity, you
teach him how to fish. So how do we fish, well most of us already know how, but it is
that desire to stay financially secure that keeps us from moving forward. The ether that which
is located between your ears, is what I would call your financial genius. If we could only
learn how to use this ether in a constructive way, we would be able to reach our impossible dreams.
So is college required to be financially free, the answer is no, but nevertheless it is very
important, because it could teach you things that may be helpful for you in the future. As
I said before, Success is not a destination, it is a journey. For all of those who are trying
to find a way to earn residual income and or passive income, the internet is full of great
ideas. So instead of trying to reinvent the wheel, you must first discover your reason why.
What do I mean by reason why, well I mean, what is the reason why you want to be successful.
If you don't know why you are trying to be successful, then your success won't get very far.
Some think, it is easier for the rich to get richer than it is for those who are poor. Well I have
observed the very direct opposite. It is just as easy for the poor to get rich as it is for
the rich to get rich. When you have nothing to lose, and everything to gain, the only place to
go is up. But when you have riches, and you are too afraid to lose them, than you can only think
to yourself, well what if lose these riches. Those who are on the journey to be wealthy, know that
if someone was to take away all that they had today, they could start again tomorrow and gain
it all back one day.
Feed a man a fish, you feed him for a day, teach him how to fish, and you feed him for life.
All of you who are struggling to find your way, try starting with searching your mind, and
look for what you enjoy doing. You have to focus on your dream and your reason why and seek help often. Find a good mentor, and volunteer your time, to learn everything that your mentor
has to teach. Soon your financial situation will change and if you are following the right
mentor you will know. Choose to be financially free, instead of being financially secure, and learn
how to create residual income starting today!
Richard Grimes has been marketing online since 2001. He teaches many how to successfully make money on the internet and teaches them how to be financially free. If you want to learn more information about richard, go to his website here at http://www.workathomemomreviews.com/
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