Profiled in The Wall Street Journal the other day: A single mother, hit hard by the recession. She can barely keep a roof over her family’s head. Her salary was cut by 60 percent. And buying even the basics is a struggle. A story we’ve heard again and again.
“How sad,” I thought to myself, as I read the article. “How can somebody possibly be expected to live on … $150,000 a year? Wait! What?”
That’s right. This woman, a Hollywood realtor, is bitching about making more than 95 percent of Americans.
I don’t know her personally, of course. But I bet I can guess the problem. She spends too much. Expensive house. Designer clothes. Four-star dinners. Vacations galore. She may have felt rich. But she was just making herself poorer with every purchase.
As I say in Automatic Wealth:
“Having the things you desire — say, a big house and fancy cars — does not make you materially wealthy if you don’t have the wherewithal to keep those goods over a protracted period of time.”
The money this lady has gives her an amazing opportunity. If she would only follow the simple plan I outline in Automatic Wealth.
She can reduce her expenses. She can save. She can put that extra money to work to create multiple streams of income. She can start a side business. She can invest in rental real estate. She can make smart investments — the kind she could read about in Sound Profits.
If she does that, she’ll have more than enough to live on and retire very comfortably at an early age. And without bitching.
—————————————————–Highly Recommended —————————————————–
The $1,000-a-Day Internet Cash Generator
Bob Bly isn’t the biggest Internet marketing operator out there. “I’m just a copywriter,” he says, “with a little business on the side.”
Three years ago, Bob put down $263 to fund that “little business.”
And guess what? That little business is adding an average of $1,000 to his bank account… every single day.
That works out to an annual income of several hundred thousand dollars a year.
“My Internet Cash Generator doesn’t make me millions,” he says. “But I don’t work on it very hard either. It takes about an hour a day.”
Bob’s one of the best there is at breaking down what it takes to complete any task. And now he’s applied this skill to show you exactly how he created his business.
Find out more about his income-boosting secret right here.
Similar Articles:
- The Easiest Little Retirement Plan – My brother is a talented carpenter. Before becoming a carpenter, he was an amazing chef. He is also …
- Transitioning Over to the “Money” Side of Your Company’s Business – You have the greatest chance of getting big raises, big promotions – and eventually, a six-figure in…
- I’m looking for ways to supplement my primary income – “I have a strong background in Corporate Finance, and I’m looking for ways to supplement my primary …
- I just want a job I love… What should I do? – “I have been reading ETR for over a year now, and I love every issue. You give great advice on how p…
- The Dividends That Don’t Stop – Getting steady income from dividend-paying stocks is getting harder. During the entire year of 2007,…
- How to Triple Your Sales With an Overlooked, Under-Used Marketing Technique – Internet buyers LOVE discounts, yet most info marketers don’t use them nearly enough. A case in poin…
- Dear ETR: “Where do you suggest we start rebuilding?” – “Your ETR newsletter is great – but it seems to be for earners and those that are employed. My husba…