Residual Income = Freedom Lifestyle
What is the Freedom Lifestyle? Ultimately, it is to live life on your own terms. To do whatever you want, whenever you want (within the boundaries of the law)
6 Tips To Master The Freedom Lifestyle
What do you want?
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- Be able to work and travel anywhere in the world?
- Buy a home or new car?
- Have no financial worries for the rest of your life?
- Give your loved ones a better quality of life?
- Have more freedom of your time?
- Be completely financially free?
- Live comfortably?
- Have a bigger impact for the greater good of the world?
Key Takeaways
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- Figure out what you want freedom to provide for you
- Discover your life’s purpose (get clear on your why)
- Start an online business
- Surround yourself with like-minded people
- Invest in yourself
- Don’t neglect your health and fitness
Why You Need Residual Income
Do you know the importance of “Residual income”? Let this sink in for a moment or two; The average millionaire has at least three streams of income and I can guarantee one of them is residual income. But, what’s the big deal? Well, this is capitalism we are talking about. It only really matters if you’re perhaps an entrepreneur and pondering the thoughts of truly making it big. Even if you’re simply trying to make a few extra bucks online, monthly recurring (residual) income is definitely the way to go. Check it out!
Residual income, for better needs partnership with a network marketing firm, which will help to uplift the finances. This is what will turn up your wheels. To develop this idea, you need to research in network marketing. Find the transition from trading time for money with marketing intended for a passive income. READ MORE
Why Residual Income is Important for Financial Independence
How residual or passive income is important in improving your life and leading to financial.
How can passive or residual income improve my lifestyle?
In order to understand how passive income can increase your quality of living, it is first important to understand the difference between active and passive income.
Active income is when you trade your time for money. People who are paid hourly or by salary, are earning active incomes. They are either trading one hour of their time for a certain amount of money or one year of their time for a certain amount of money.
Passive income is when the work that you do ends up providing income for an extended period of time or, in some cases, indefinitely. READ MORE
Creating Your Freedom Lifestyle
Freedom Lifestyle means having the freedom to live your life any way you choose. But, in a society that tries to influence and dictate our decisions, most people find it hard to define what it means to live any way you choose.
Most people, when asked to define their dream lifestyle, will try to customize what society says a dream life should be. Even the so-called gurus, who claim to help you find your unique way, merely give you a template based on societal norms.
Where do you want to live? How much money do you want to make? What brand of car do you want to drive? Where do you want to go on vacation? READ MORE
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