Why Financial Freedom is Sexy!
Imagine making up one morning to discover all of your basic essentials of life were fully covered for the rest of your living days.
All of your housing costs, food costs, power, water and gas costs.
All of your costs to run your car, health costs and clothing costs.
All covered for the rest of your life!
Now imagine that all of your entertainment costs were covered as well.
What if your travel costs were covered for anywhere in the world for several times a year… with spending money!
The costs to set your children up financially for life, and to look after your parents in their old age.
All the costs to live a truly abundant life are covered for the rest of your life and you never have to work again!
That is financial freedom and THAT IS SEXY!
What can be more appealing to the opposite sex than true financial independence!
How can I create this sexy freedom?
To create financial freedom you need passive income.
Passive income is income that you receive from work you have already done, and is most likely to come from an asset base that you have built up over time, such as rental income from a property portfolio, or dividends from a share or stock portfolio.
In other words from investments.
So if you want financial freedom you need to start learning about investing and start doing it.
Unfortunately a lot of people think that investing is just for rich people, so they never start learning about it or doing it, where actually the opposite is true… You get rich BY INVESTING!
So start now, and over time, compound interest will work it’s magic and you will create enough passive income to stop working and start living!
But you might be saying to yourself that it is going to take too long and yes, building up an asset base does take time, but there may be another way to speed up the process by creating residual income.
What is residual income?
Residual income is very similar to passive income in that it still creates ongoing income for work you have already done, but there may still be a bit of work to do occasionally, and this income will come from running a business.
I am not talking about buying yourself another job and working 24/7 in your own coffee shop or anything like that, I am talking about building a business online that can be run from anywhere in the world, in just a few hours a day, that will still provide for all of your living expenses and lifestyle for the rest of your life, as well as to continue to add to your asset base.
Having an online business like this is a real income accelerator, and it will create both time AND financial freedom for yourself and your family.
Now that truly is sexy!
How do I create this residual business income?
Glad you asked!
The big trick is that while there is a huge potential to build an online business these days, there is a lot of mis-information out there, as well as a lot of scams that promise quick riches with push button and “a few clicks of a mouse” schemes.
The trouble is that a lot of people fall for these scams, and then believe that making money online is not achievable and just one big hoax.
That is why you need to learn from people that have built successful online businesses themselves and are willing to share their knowledge to help others to do the same.
Wealthy Affiliate is who I have teamed up with to build my own online business and residual income stream, and if you are willing, can teach you how to build a successful online business for the long-term using the latest best practices.
It is NOT some get rich quick scheme, but a legitimate opportunity to learn the best way to make money online that will give you the best chance of success now, and in the future.
The best part of all this is that Wealthy Affiliate are offering a 10 lesson entrepreneur certification getting started course that you can take for FREE!
No credit card is required!
So why not give yourself this opportunity and discover why financial freedom is sexy!
If you have any questions or comments feel free to leave them in the comments section below.
To your success,
John W. Newman
Dream It…Believe It…Then Achieve It!
Love social media? Join me on Facebook, Twitter and Google Plus.
DISCOVER HOW FINANCIAL FREEDOM WITH AN ONLINE BUSINESS IS SEXY!
Your page is very inspiring John. I still consider myself a newbie even though I’ve been with Wealthy Affiliate for a little more than six months. Your page has reminded me of why I joined WA Passive income and residual income and how to use my desire to create value for those on the same path. Your content is an excellent tool of encouragement.
Great job.
Hi Eric,
The great thing about an online business is that you can help other people with what you know, and you make money in the process.
The more value you can provide the more you make.
What better way to earn a living than by helping other people?
Glad you liked the post and thanks for your comment 🙂
Hey John,
I also agree that financial freedom is sexy. I liked how you described how starting your own brick and mortar business is essentially buying yourself another job. The key to financial freedom is having your business work for you.
If you’re constantly working to make money, then when are you going to enjoy it? A passive income is the way to go; and I’m working towards that right now. I’m going to be real sexy real soon.
Best of luck on your road to sexiness,
Diana
Ha ha!! Thanks Diana 😉
Yes, to have true time AND financial freedom, you want your business working for you, not you working for it!
It does take some hard work in the beginning, but the rewards will come.
That is the exciting thing about creating residual and passive income streams, that is what an online business can provide!
It sure beats working in a job you hate for 40 years!
Thanks for your comment Diana 🙂
Hi John,
You make some great points about why financial freedom is sexy. Financial freedom is a strong aphrodisiac for both sexes I think. It almost seems inherent in our genetic makeup.
Financial security and the ability to do whatever you want is a dream that I think everyone, down deep, shares.
I, like you, choose Wealthy Affiliate as a financial partner for my online business as well. I think once you go and see their training center and see how much education and structured training they provide online entrepreneurs makes them an easy decision.
For those that want to achieve financial freedom, creating an online business is a worth while investment. It takes a little time, but the rewards payoff for years to come.
Great post John, thanks for sharing.
Todd
Thanks for your feedback Todd and great point!
I totally agree with you about Wealthy Affiliate and their online business training.
You won’t see better value and even their free training is much better than a lot of the other stuff you find out there.
That is why I have no problem recommending them, I know how they can change people’s financial life for the better!!
Thanks again 🙂
Very good and helpful information. I find it that in this age of information. We are so uneducated on asset accumulation. Not because we are not intelligent. But because we just never saw ourselves with our own business, investing in stocks, or dealing in Real Estate. That was for someone else.
But the economy has changed so much. The times have changed so much. That I think it has squeezed thousands of intelligent people to look for a better way. Heck maybe the only way. Grab a piece of that American pie for yourself before there is no room a the table lol. Diversification is where is at! Thanks for the reminder and the information.
That is so true!
It all comes back to our old programming growing up, unless we have grown up with someone that is rich, or invests, or runs a business, then the thought doesn’t enter our minds, or we lack belief that it is possible.
That is why it is such a great time to make our fortunes using the power of the internet, as anybody can do so, as long as they have the right tools, training and guidance!
Thanks for your feedback!
Thanks for sharing, John.
I have been searching online for opportunities for earning residual income and ways to potentially start a business.
I have come across many different claims, many of which didn’t sit right with me and looked a bit scammy. All they wanted was personal information and credit cards upfront.
I am glad I came across this article. I am going to take on your 10 lesson getting started course. Will let you know how it goes!
Excellent Jason, I am sure you will find the course great value!
If you need any help at all, I will be in the members area to lend a hand 🙂
Hey John- You said it brother… there’s nothing like residual and passive income. My last job I held for 24 years until I was laid off. It wasn’t until then I discovered that I should be making a passive income. I’m actually doing quite well as a Internet Marketer, however I want to take it up a notch. Do you have any advice on investing in Real Estate?
Yes Mark, a lot of people come to the realisation that there is no real security in a job no matter how loyal you have been!
Taking control of your own financial destiny and setting up passive and residual income streams is the ONLY real way to have financial security.
As for investing in Real estate, make sure that you have your cash flow under control, and plenty of buffers in place in case that something comes up and you need cash in a hurry, and with property, there always will be!
Good luck!
Hi John,
I totally agree with you, financial freedom is sexy! it’s liberating. I am lucky, I have been financially free for the past 6 years now and I can go live anywhere in the world and enjoy life and not need to do a seconds worth of work!
However, financial freedom can get addictive and you just want more, perhaps not that faster car, but to live a little better, to travel more (as is my case!) but I do have the freedom to do that!
Awesome to hear Derek, you are living proof that financial freedom is possible!
As you say one of the great things about achieving financial freedom is not just the money, but the lifestyle it can provide!
That is pure freedom and that IS sexy!
Thanks for your comment!