How to Make Money - Passive Income

Part of the struggle in knowing how to make money, is in knowing how to handle your precious time and efforts. We all battle with exchanging dollars for hours. Either we work a job and give up our free hours during the day, or night, or we employ others who we have to control like hawks, or we put it all in the stock market and lose it! Not much fun, is it?

Passive income is the perfect answer, whereby your presence is not required. The lucky few who enjoy passive income neither work, nor worry about tomorrow. They can take a vacation when they want, and if successful enough, where the want. They make money when they are awake and when they are sleeping! They really do have it all.

OK - so how do they do it? Good - you're still here, so let's take a closer look.

Robert Kiyosaki describes passive income very well and he calls it investing. Investors are people who leverage their time by investing money in businesses that put money in their pockets without their needing to be there. Let's take a look at the word investing and see what it really means. Most of us would agree that a car is not an investment - right? Because it costs us money every month - it does not put money in our pockets, does it?

But how many would agree that a house is not an investment?! When you stop to think about it - a house is not an investment because it costs money every month - it does not put money in your pocket. You argue that its value is always increasing - uh, oh - not so! For very simple reasons, its value does not increase. You say, "but look at how much a house cost fifty years ago - a fraction of today's price!" - I reply look at what a dollar could buy then. Look at what a dollar can buy today! The cruel reality of inflation is that the buying power of the dollar has melted before our eyes and it just takes a lot more of them to buy a house! It's the dollar that has decreased in value!

A house becomes an investment when it pays you. For example, a rental property pays you, but at this time, the real estate market is in turmoil. I would not suggest for a moment that you dive into those muddy waters right now. A commercial property is bigger and should pay you more - but where are you going to get the money from?

Mortgages, both residential and commercial, are hard to get. The banks are holding money, not lending it - unless you have a FICO score in the high 700's and low debt to income ratios, and can document all your income and assets, and the loan ratio is less than 80% of the value of the property, and, and ... the list goes on - oh, and prove the color of your great grandmother's eyes! The underwriters (the poor folks who examine and are eventually responsible for approving your loan) are scared stiff. It's easier to reject your loan application and sleep at night, than approve it and take the rap when the loan defaults and goes into foreclosure - just look at what is happening around the country with millions in foreclosure - the worst nightmare since the Great Depression.

Good - I scared you away from that idea.

So - now what? Where can I invest - even if I have just a little money?

Well, you need to know how to start own business - where the start up costs are minimum - you don't need yet another masters degree - and you can start business small with low fixed monthly costs, but can make a lot of money without your presence once it's all set up and running smoothly.

If you're one of the lucky ones who still has a job or other source of income today, then keep it at the beginning. DO NOT throw away your current source of income until your new venture starts to overtake it. Then you can say, "Bye, boss - see ya!" I'm trying to keep it polite here!

You may choose, as Bill Gates did, to start business and work from home - part-time. Home based business is the best solution by far. NO commuting - AND you can work in a suit or pajamas - who cares?

It may take a few months or a year to replace your current income source, but you will have the freedom to take a vacation where, and when, you want. You'll be able to enjoy your freedom and not worry about how to pay the bills.

You'll own your own nose - and have the options you have always craved.

This sounds too good to be true - but it is true and I know a large number of people who have discovered the secret and know how to make money - passive money. They work a little or a lot - but they choose to - on their terms.

Go visit - but a word of warning - this is a system which will work - if you work it.

It is not any type of scam - you have to set it up, step-by-step, and you have to water it with TLC in the beginning. But once it's up and running, it takes on a life of its own - and it will change your life for ever. See you over there - go visit now.

If you want to fight back, eliminate debt, and find financial freedom then this is the place to be.

Visit: http://realjoy-howtomakemoney.blogspot.com

Thank you.
R. Neill is committed to combating our lack of knowledge that keeps us chained to jobs, bills, and debt.