PASSIVE INCOME

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Passive income is the Holy Grail for online marketers. It’s automatic. Effortless. But, not at first. In the beginning, it’s grueling. I liken this to doing the most amount of work for the least initial return. However, over time, as your passive income begins to increase, your reliance on an active income plummets. That’s when the real magic starts to happen.

For most people, that means an exit from the proverbial rat race.It equates to freedom. True financial independence. An extrication from the shackles that binds us to the 9-to-5 corporate life-sucking job. It means being unleashed. Living a fulfilled life. And having total freedom to live, work and roam free at your leisure

However, this comes back to the old discussion of pain versus pleasure. We will always do more to avoid pain than we will to gain pleasure. When our backs are against the wall, we act. When they’re not, we relax. The truth is that the pain-versus-pleasure paradigm only operates in the short term. We’ll only avoid pain in the here and now. Often not in the long term.

The day before our taxes are do, there’s pain. Lots of pain. We know what happens if we don’t file. Same thing the night before an exam or a paper is due. We spend so much time procrastinating that it’s only at the point when the pain of continuing the procrastination exceeds the pleasure of putting it off any longer, that we actually take action.

But, when it boils down to it, passive income isn’t that hard to generate. When you know what avenue to take, and you follow along with a few simple steps, you can do it. It just takes time. Don’t expect this to materialize overnight. Unless, of course, you have  money to invest in something like real estate or high-yield dividend stocks

There are dozens of ways to generate passive income. However, the option you select has to do with two metrics: time and money. Either you have a lot of time or a lot of money. Most people usually don’t have both. But, if you have a lot of money, generating passive income almost instantly is easy. You can buy up some real estate and begin enjoying rental income. Or, you can invest in a dividend fund or some other investment vehicle that will begin generating a steady income for you. There are different sites that helps us to generate money without taking financial stress GrowEasyIncome ,freenez etc.

You’ll need to invest the upfront time now in order to reap the benefits of automatic income later. It just doesn’t happen overnight. So don’t expect it to. However, you can do this without quitting your day job. All it takes is some sincere effort over a consistent period, and voila! But, to get there, you’ll need to consistently burn the midnight oil or get up at the crack of dawn. Your choice.

DR.SHIREESHA MADDALI

FINANCIAL FREEDOM JUST AHEAD

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You’d be hard pressed to find a person who doesn’t want to be financially free, but I bet it wouldn’t be too hard to find someone who couldn’t tell you what they’d do with that freedom. The day that you become financially free what will really change in your life? Will the angels sing and your problems melt away? Will everyone bow down to your greatness and become your raving fan? I’m going to go out on a limb here and say probably not. So why do you want to be financially free?

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Becoming rich (or wealthy rather) simply means having money.
Money = Choice = Freedom = Ability to Fulfill Your Dreams and Purpose.
The day you become financially free you’ll simply have the choice to do the things you want.

Becoming financially free is only desirable to those who have something they want to be freed from. That might be an odd thought, but if you’re already living a life pursuing your purpose you most likely don’t have that much motivation to become financially free. Living frugal and following your passions will allow you freedom each day to pursue what you enjoy.
There Needs to be an Underlying Motivation

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Financial freedom means that you’ll have the ability to do whatever you’d like because you have the freedom of time. If you have unlimited time you need to fill your time with something. How do you decide this?
In a word – Purpose

Without purpose you haven’t a clue what to do with your time. You’ll flounder, you’ll struggle, and you won’t feel complete. Without purpose you will not be compelled to make great change in your life because purpose is what drives each and every one of us.

LETS FIND A PURPOSE!!!!
DR.SHIREESHA MADDALI

ARE YOU FINANCIALLY FREE?

 

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If you wish to be free from financial fears, frustrations and failures, then you need to figure out all the reasons why you may be in bondage in the first place. Take an honest look at your spending patterns, debt position, savings routine and work ethic;

Do you always practice smart money habits?

Every thought you hold and action you take regarding your money will ultimately determine your financial status. So if you believe that you need to be dressed in the latest fashion and you use your credit card to buy outfits you can’t afford, accept that there will be negative consequences.

If you always give excuses why you don’t have the time or energy to try to earn extra income, understand that your frame of mind is helping to keep you broke. The only way to achieve your freedom is to chip away at all the unhealthy money practices that are preventing you from succeeding.

Determine a new direction

There is a popular saying, “Insanity is doing the same thing over and over again and expecting different results.” While it’s important to be persistent when working on your goals, if you’re heading in the wrong direction, or if you’re not even on the right road, then you will never reach your destination.

If you’re struggling to break free of financial woes, chances are the choices you made in the past were not aligned with your desired objectives. So, if you want to be independently wealthy but you spend all your time working in someone else’s business, then you will never have freedom of income.

Commit to your action plan

As the old English proverb states, “there’s many a slip between the cup and the lip.” With your freedom aspirations, there is often a wide gap between knowing what you need to do and actually carrying out your plans. The expired dreams of unsuccessful freedom seekers could fill a virtual graveyard.

To attain financial freedom you must be prepared to endure the uncertainty that comes from leaving your comfort zone, changing your routines, learning new skills, making mistakes and experiencing rejection. There’s a price to pay for freedom and you can’t escape the sacrifices that are required.

LIFE WILL BE EASY IF YOU PLAN WISELY-freenez.com

Get guidance from mentors

A mentor is someone who is willing to assist you to accomplish something that he or she has already achieved. Having this level of guidance from a person who has attained the prize of financial freedom will be essential as there are so many pitfalls and challenges that might hinder you along your journey.

While you may not know a wealthy person who is accessible to give you advice, you can still receive mentorship lessons by reading books and surfing online. Identify someone who has succeeded in creating the lifestyle you desire, and research details on the steps they took to attain their objectives.

GrowEasyIncome.com is one of the best site that can guide you for having more than one money source.

If asked “What does financial freedom mean to you?” different people will provide diverse definitions.

One basic concept of money freedom is the ability to finance your preferred lifestyle without stress or debt. To be financially free, you should have autonomy in your income and time to live as you desire.

SO DONOT WAIT FOR TOMORROW WHEN YOU HAVE WAYS NOW…

DR.SHIREESHA MADDALI