Breakaway From the Loop

Have you ever think, your money is not enough? It is a stupid question because no one will say enough. And then you start to calculate,

Salary (per month): $2,000
Annual Salary (13th month): $26,000
Increment of 2.5% per year, after 30 years the total amount is $1,070,000.

Sounds great but think again your house, car, wife, children, parents and etc, you will find yourself left nothing. I haven't put inflation rate into the calculation.

Think again 30 years work of hardship you gain almost nothing and you only have 30 years to work. There are two changing variables in this calculation, namely time and rate (money in). I mentioned you have limited time and the salary won't be increasing a lot after you reaches a certain rate. So, you are going to be a poor man.

Let's take a look of changing the way of calculation. You can try to get higher paid job or work longer time. High pay job needs qualification and experience. I can't always work Overtime when you reached certain age. How to break away from this loop?

Working two jobs will burn you out and you can't control your money in too (if you are working for someone). Let's don't talk about starting business because it does involve risk too. The only way is to create what people call "Passive Income".

After explaining so much, I just want to say "Start your Passive Income!".

What is passive income? It is income received without any additional efforts done, it doesn't mean no effort. For example, even when you sleep, the money still gets into your pocket. How does it works? People need to start with great effort to create Passive Income such as investing needs capital, rental comes from the property that you bought and royalties from the books you wrote.

That's why we are advised to start saving earlier to accumulate first capital. When you have this first capital, you will able to invest and start your Passive Income. I will write more about examples of creating such passive income in the future but for today I write introduce a way to create a capital-less passive income.

Capital-less Passive Income

The way is not easy but you need very little money (sometimes you need zero dollar to do that). You need to have a certain expertise on one area for example, story-writing, drawing, make-up techniques, overclocking computers etc. I believe everyone would have one, don't believe me? Even window-shopping is recognized as an expertise here, so don't worry, search for one yourself.

If you write a book on your expertise, you need to find a publisher and they need to review your book before they invest on you. There is a way called Online Publishing, which is very famous nowadays. Most of the blogs are online publishing and you can get more readers by writing special things that people like to read. The best example is this website. If you like to read then my online publishing is already half-way to success.

I have another online publishing website that teach you how to publish online to get revenues. It is as simple as writing a diary if you are writing your expertise articles. If not, you need to read a lot like me. Just start early and gain as much articles as you could so in the end it would become a passive income or half-passive-income. Remember! It is hard to start but after it started you will get dollars even if you are sleeping. Don't believe me? Guess how much I got from selling banners on this site? Visit here now!