Passive income investment means that you make investments once and then just keep them, potentially for life and just enjoy the cash-flow (dividends and coupons). Investing is one of the easiest ways available to generate passive income (cash-flow) and as no one can live of assets, we all need cash-flow to pay our bills. Why not look at this passive way of making your money work for you whilst the cash is rolling in!
Yes, low costs are key to creating wealth. This is especially true if you want to make sure it happens without you busting your balls to climb the career ladder and only focus on money. Actually, even if you do, there is no guarantee that you will have money nor wealth just because you make a lot of money. I know a lot of people with good salaries who still feel they have a lack of money…
How to always feel financially secure is just about that, the feeling you let yourself have when it comes to money. It is not about the exact amount of money you have but how you feel about the money you have! In this post we will go through the simple things you need to have in place to live with a mindset of abundance. Having control and a financial buffer is key BUT the only thing that can really change your relationship with money is how you think about it and there is a very simple technique to use so keep on reading…
You might wonder if there is an “easy” way of becoming a dollar millionaire and I would say, yes there is!
If you think that becoming a millionaire is more important to you and your family than keeping up with with the Joneses, you have to think and act differently! They are unlikely to ever become millionaires, rather stuck in the rat race for their entire lives. The only real question is if you can find the time in your busy schedule to automate a few things to get you on track to passively becoming a millionaire, only you can answer that question.
There are some key questions I always ask before making an investment and so should you. By knowing what to ask and what to look for, your decision will be so much easier. Keep on reading and you will see what they are!