1. Eliminate Your Debt: The current system is designed to keep you in DEBT. The banking system makes billions of dollars from our lack of knowledge of their tactics.

When debt becomes an investment, wealth is created. The banks know exactly what this means. You must grab a hold of this concept before you can truly be free of bad debt. Of course there is good debt and bad debt. Simply put, good debt makes you more money than the debt is costing you and bad debt does not. An investment property with a positive cash-flow is a good debt. That brand new car that you always wanted is NOT.

If you follow these principles, you can have all the new cars youve ever dreamed of with a little bit of time and discipline. Working on a job for 30-40 years takes a lot of your time and discipline, and then you still have to work thru your retirement to make ends meet.

2. Good Credit: Credit Education is one of the most important principles, because this is where we are throwing thousands upon thousands of dollars away everyday. The Credit System has strained and drained the finances of the average citizen.

In the arena of mortgages, The Truth and Lending Disclosure dictates that a $200K home mortgage will cost you approximately $200K in interest payments, bringing the cost of your home to $400K and we have been brainwashed to believe that this is NORMAL.

There is a system to offset those interest payments by more than 50%, with the right knowledge. Some of you will say that this sounds too good to be true but, this is exactly what your creditors want you to think. Added note, if you have good credit make sure that you have Identity Theft Protection.

3. Tax Planning: It is not necessarily how much you make, but how much you keep. Having access to tax professionals is a must to building wealth and keeping it.

4. Cash Flow Analysis: also know commonly as a Budget! A simple budget will reveal the pitfalls in your spending habits. This is probably the main reason the average person does not have a budget. It is the painful reality of where our spending is going.

5. Financial Planning: A financial plan without action is an illusion. Access to a Certified Financial Planner is a must for financial success. Resources such as these do not have to cost a fortune. You just have to know where to look.

6. Professional Legal Advice is a must to protect your assets and to limit your liabilities.

7. Passive Residual Income: There are many options here. You should find a niche or cause that you are passionate about and run with it. If you need some suggestions, I will be happy to assist you based upon your interests.

Robert Kiyosaki, a New York Times Bestselling author and a coauthor with Donald Trump speaks often about passive income. He has a conceptual tool, coined The Cashflow Quadrant, that aims to describe how all the money in the world is earned. In each of the four groups there is a letter representing a way in which an individual may earn income. The letters are as follows.

E: Employee, Working for someone else

S: Self-employed or Small business owner- Where a person owns his own job and is his own boss.

B: Business owner, where a person owns a system of making money, rather than a job to make money.

I: Investor, Spending money in order to receive a larger payout in; Money doesnt sleep, doesnt call in sick, doesnt complain---money works you 24/7.

The E and S are on the 2 left quadrants and the B and the I are on the 2 right quadrants. You do not want to be on the left side of this equation. Only by utilizing the Business Owner and Investor Models can you truly become financially independent and have time to enjoy it.

This conceptual model further explains why 95 percent of the population on the left control only 5 percent of all the wealth. The 5 percenters on the right control 95 percent of all the wealth.

Do you want to be on the left or on the right? The obvious answer may be on the right, but I say lets alter the playing field by imparting the knowledge of the 5 percenters and dispersing it amongst all who care to adhere to the principles, thereby leveling the scales of liberty.

1. Eradicate Your Debt: The current organisation is configured to keep you in DEBT. The banking system makes billions of dollars from our lack of knowledge of their tactics.

When debt becomes an investment, wealth is created. The banks know precisely what this means. You must grab a hold of this concept before you can truly be free of bad debt. Of course there is good debt and bad debt. Simply put, good debt makes you more money than the debt is costing you and bad debt does not. An investment property with a cocksure cash-flow is a good debt. That brand new car that you forever wanted is NOT.

If you accompany these principles, you can have all the new cars youve ever dreamed of with a piffling bit of time and discipline. workings on a job for 30-40 years takes a lot of your time and discipline, and then you still have to work thru your retirement to make ends meet.

2. Good Credit: recognition Education is one of the most of import principles, because this is where we are throwing thousands upon thousands of dollars away everyday. The Credit system of rules has strained and drained the cash in hand of the average citizen.

In the arena of mortgages, The Truth and Lending Disclosure dictates that a $200K home mortgage will cost you approximately $200K in interest payments, bringing the cost of your home to $400K and we have been brainwashed to consider that this is NORMAL.

There is a system to outset those interestingness payments by more than 50%, with the right knowledge. Some of you will say that this sounds too good to be true but, this is exactly what your creditors want you to think. Added note, if you have good credit make sure that you have Identity Theft Protection.

3. Tax Planning: It is not necessarily how much you make, but how much you keep. Having approach to tax professionals is a must to building wealthiness and keeping it.

4. Cash Flow Analysis: also know commonly as a Budget! A simple-minded budget will let out the pitfalls in your spending habits. This is likely the main reason the average person does not have a budget. It is the dreadful reality of where our outlay is going.

5. Fiscal Planning: A financial plan without action is an illusion. Access to a certified fiscal contriver is a must for financial success. Resources such as these do not have to cost a fortune. You just have to know where to look.

6. Professional Legal Advice is a must to protect your assets and to limit your liabilities.

7. Passive Residual Income: There are many options here. You should find a niche or cause that you are passionate about and run with it. If you need some suggestions, I will be happy to help you based upon your interests.

Robert Kiyosaki, a New York Times Bestselling author and a coauthor with Donald Trump speaks often about passive income. He has a conceptual tool, coined The Cashflow Quadrant, that aims to describe how all the money in the world is earned. In each of the four groups there is a letter of the alphabet representing a way in which an mortal may earn income. The letters are as follows.

E: Employee, Working for individual else

S: Self-employed or Small business enterprise owner- Where a someone owns his own job and is his own boss.

B: Business owner, where a person owns a system of making money, rather than a job to make money.

I: Investor, spending money in order to invite a bigger payout in; Money doesnt sleep, doesnt call in sick, doesnt complain---money works you 24/7.

The E and S are on the 2 left quadrants and the B and the I are on the 2 right quadrants. You do not want to be on the left side of this equation. Only by utilizing the Business Owner and investor Models can you truly become financially independent and have time to enjoy it.

This conceptual model advance explains why 95 per centum of the universe on the left control only 5 per centum of all the wealth. The 5 percenters on the right control 95 percent of all the wealth.

Do you want to be on the left or on the right? The obvious answer may be on the right, but I say lets alter the performing field by conveyance the knowledge of the 5 percenters and dispersing it amongst all who care to adhere to the principles, thereby demolishing the scales of liberty.

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