A 5 Year Plan to Multiple Streams of Wealth

Wealth building can be great fun, but sometimes our plans don’t always go as planned, that is why starting multiple streams of income is a great idea.

Multiple streams of income simply means having several sources of cash coming in. These could sources of income could be from anything. These sources could be websites, real estate, and Laundromats. This list is huge.

You should try to add one more source of income to your life every year. For instance you could just focus on building cash producing websites this year, and then next year focus on buying your first piece of real estate.

By only focusing on one source of wealth per year you can devote the time needed to get your endeavor up and running before moving on to the next one.

Write up a five year plan and pick five streams of income you want to bring into your life. You can also piggyback some of them so you can get the next one up and running.

For example, in year you could spend earning money online and then at the end of year one use that money earned to put down towards your first income producing property. Then at the end of year two you could take any equity out of your house to put down towards a Laundromat. The ideas are endless.

Start today and come up with a 5 year plan. Everyone has fear when they first start wealth building, even the wealthy still have fear, but they have learned to act in spite of it. Start your 5 year multiple streams of wealth plan now!

Luke Blaise

What Action Have You Taken This Week To Increase Your Income

What have you done this week to increase your income?

One thing many people have trouble with is procrastination. They wait until they find the exact right program or read the right book before they being their money making venture.

The truth is most programs will work for you if you are willing to work them. Persistence is the key ingredient to making your finances work.

Resolve today to start doing what it takes to make some extra money. Remember you only need to make an extra $135 a day. This translates into an extra $50,000 a year.

If you don't want to focus on just one venue of income then look into generating multiple stream of income.

Luke

Your Boss Thanks You For Working So Hard!

Why do you work harder for your boss than yourself?

Recently I asked myself this question and decided that in order to become financially free I need to start working harder for myself.

I encourage you to do what I'm doing because little changes add up to big results.
What I did was start getting up an hour earlier each day and started working on my own streams of income. I started out doing paid surveys which is eash money to start with, and then moved onto other streams of income as discussed in a book I bought called Multiple Streams of Income.

As first I was not making much, but it is like that in any business at first. But after a few months now I'm making over $500 dollars a month, and some months almost $1000 dollars.

Now this amount of money may not seem like a lot but if you consider that it continues to increase each month it will seem like a lot.

Also if you save all this extra money for retirement you will be able to retire years earlier just for getting up one hour early.

The paid surveys and multiple streams of income programs might claim to make you rich but it will likely not happen, but if it can give you an extra thousand dollars a month after a few months of initial work isn't it worth it?