Passive IncomeEarn Spare Time Income

One of the keys to getting rich and creating wealth is to understand the different ways in which income can be generated. It's often said that the lower and middle-class work for money whilst the rich have money work for them. The key to wealth creation lies within this simple statement.

Imagine, rather than you working for money that you instead made every dollar work for you 40hrs a week. Better still, imagine each and every dollar working for you 24/7 i.e. 168hrs/week. Figuring out the best ways you can make money work for you is an important step on the road to wealth creation.

Everybody that I know would like a few more dollars but many people (probably the majority) are not interested in selling through Party Plan, Network Marketing, other organized systems or taking on part-time work. This book is meant to help you explore some well-proven options and it has some advice from my hard-won experience, that I wish I had known much earlier in my market and other activities.

I love markets and never had any great problem with selling - I had to do it, so I tried always to learn the best ways to do it from other sales people that I met, and those who tried to sell me something. You may not like selling but want to add a few dollars occasionally to your loose cash and perhaps get rid of some clutter (sorry, treasures) that we all seem to collect. Or, you may do craft work or be involved in a hobby that produces items you could sell to recoup at least some of the costs of your hobby and maybe a lot more! This book also has information that will be helpful to community-minded people that operate fairs and boot sales or market stalls to raise funds for projects they support. However, that is not its primary focus.

For good reason, passive income is often considered to be the holy grail of investing, and the key to long-term wealth creation and wealth protection. The major benefit of passive income is that it is recurring income, typically generated month after month without a great deal of effort by you. Building wealth and becoming rich shouldn't be about extracting every last bit of your own energy, your own resources and your own money as there is always a limit to the extent you can do this. Tapping into the effective generation and use of passive income is a critical step on the road to wealth creation. Begin this part of you wealth creation journey as early as is humanly possible i.e. now!

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