Friday, July 27, 2018

Have a Monthly Housing Expense? Then,You Need What We Have,

The title of this article helps us define the working poor.  If you have a mortgage or are paying rent, you are captive to this monthly obligation.  As a result, obviously, you have a job to meet this primary expense.  For most, it goes without saying, that if this expense did not exist there would be a world of possibilities of where to direct this money... whether it be savings, travel, toys, better food choices, giving to charity... how many ways can you think of to use money?

The bottom line here is that (given a choice) most would welcome eliminating their mortgage (or) having their monthly housing expense covered by a predictable stream of monthly income.  This is the goal of our Community.  What we work toward is the creation of residual income that will exist over time.

The glue that holds it together is a commitment to the concept of inter-dependence and people buying into (literally and figuratively) the notion that we can create our own economy by pooling our resources and subscribing to a common set of beliefs, values, knowledge, and actions.

The first (micro) goal is to make your first dollar.  The first (macro) goal is to replace your income and have all of your expenses covered.  If you get to that point, the sky is the limit and you will be in a position to eliminate your eight-hour-a-day commitment.  The corollary to this is that if you equal your conventional income once, there is no reason you will not be able to create generational wealth.

I wrote another article recently about never out-earning your self-concept.  If you can not see yourself as being "free" of your job, the probability is that you never will be.  This has everything to do with mindset being borne of mini-success + mini-success + mini-success equalling a milestone.  Then, milestone + milestone + milestone equalling a transformed life.

Part of this transformed life is having no worries about your monthly housing expense (nor any other bill for that matter).




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