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The ability to increase one income or sources of earning directly or indirectly is financial intelligence. There is urgent need every Dick and Harry in town buy into the concept of multiple tool kits. Adverse economic weather requires multiple tool kits approach to enable you stay relevant to your world. To understand banks financial statement is not enough. You cannot call that financial intelligence. What the numbers in the financial statements tells you is not enough to dub yourself an expert in the field of finance. You cannot leverage your income on just that alone, except you understand the story the numbers are telling you.

Residual Income

Residual income is that you keep receiving even when you are not at the place of work or have perform any job of a sort to earn it. You might think of residual income as a gimmick, complicated and risky investments, a very sophisticated strategy, or something that is not made for people like you, but you are always striving for it whether you realize it or not.

With residual income source, you can quit your job and do whatever you want, be it starts a business, spend time with family, travel the world, volunteer, or just hang out in your fishing boat for hours. The definition of wealth is FREEDOM. The only thing that secures this elusive resort is investing into multiple tool portfolios. Be careful, this is not another sale pitch on the block. No job or salary can earn you financial freedom. It rather places you under the poverty line in near future after retirement.

But retirement is only possible when and if you have sufficient passive income investments. Maybe you don’t look at your hedge fund as a source of passive income, but that’s exactly what it is. You’re building up that asset until its large enough to provide you with the much needed financial cushion. Other typical sources of passive include pension plans, social security, and annuities, all of which are associated with retirement.

But who says you have to wait until the gray hairs appears on your head before you taste total financial freedom? Sure, you might not be able to access typical “retirement” passive income until you’re older, but why not build up some other income-generating assets in the meantime?

Personally, I don’t feel my heads in the cloud relying solely on the stock market as my ultimate source of passive income, which is primarily what my retirement funds are invested in. That’s why I plan to accumulate rental real estate properties as well, along with bonds (a great income source) which will also act as a reserve fund for that real estate. Other passive income sources can include distributions from your own business, ad revenue from a blog or website, or royalties from a book, song, dance, or other creative work.

Your residual income sources don’t necessarily have to be 100% passive-perhaps; you like working to keep yourself busy and exercise your muscles. But once the assets are generating enough income, you can also choose to pay someone else to manage them-and then you start rolling in leisure.

Many people debunk the concept of passive income because they associate it with risky investments, greed, and the super-wealthy or get-quick-rich syndrome. The truth I must tell any who cares is that the internet has come to stay with us. It is the 21st Century strategy machine, and so you have to do everything possible to eke out living in the format of passive income from this most leveraged tool kit. But in truth everyone needs and seeks passive income, and the sooner you understand and embrace the idea, the sooner you can achieve financial freedom and achieve wealth beyond “dialogismos” (imagination) of the universe.

Ritchie Felix is a Pen maestro, author of great works online and published in papers. He is a re-branding expert, and a motivational superstar. Check: http://realwallet.blogspot.com

Internal War – DJ Rolling Paper


Job 1.5 Slim Special Edition Cigarette Rolling Paper (Box of 24 Packs)


Job 1.5 Slim Special Edition Cigarette Rolling Paper (Box of 24 Packs)


$33.53


When a rolling paper is described as slim, it means that the width of the space to add your filler and roll up is less wide, NOT the finished size of the smoke. These 1.5s are 5mm less wide than the normal JOB 1.5s. SLIM at 55mm, 2 inches, by 76mm, 3inches, as compared to the normal 1.5 Gold which is 60mm wide by a finished size of 78mm. These are medium weight papers in wonderful packaging as you…

Zig Zag 1.25 78mm Cigarette Rolling Machine


Zig Zag 1.25 78mm Cigarette Rolling Machine


$0.01


great easy product to use. This item is strong and will last!…

Zen King Size Slim 110mm Cigarette Rolling Machine


Zen King Size Slim 110mm Cigarette Rolling Machine


$4.35


This Premium 110mm Cigarette Rolling Machine is the gold standard in loose tobacco rolling machines. Especially designed to fit king size papers. Operated with a simple 4 steps, you can achieve the quality and consistency you can not get with the traditional hand rolling method. The result is a perfectly rolled cigarette every time, with maximum smokibility, minimum effort and little wasted tobacc…

4 PACKS OF EZ WIDER ORANGE 1 1/4 CIGARETTE ROLLING PAPERS,EZWIDER.


4 PACKS OF EZ WIDER ORANGE 1 1/4 CIGARETTE ROLLING PAPERS,EZWIDER.


$4.75


4 PACKS OF EZ WIDER ORANGE 1 1/4 CIGARETTE ROLLING PAPERS,EZWIDER…

Job Red Doubles Cigarette Rolling Papers 5 Packets


Job Red Doubles Cigarette Rolling Papers 5 Packets




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