Wednesday, December 17, 2008

How to Create Passive Streams of Income By Angeline Ng Mei Lin


Angeline Ng Mei Lin, EzineArticles.com Basic Author


Every one of us has the same amount of time. So how do we work less for more so that our excess time can be centered around our family. The rat race and the rising cost of living has made us doubt ourselves on what we could have done better with our lives. We could do this by separating our time from work by applying the money making principle - passive income.

Passive income is a form of revenue that is generated over time from minimal work. Of course you need to spend some time and money to start the ball rolling. Imagine if there is only one tap that supply drinkable water to your home, what happens if the pipe breaks down? You need to find an alternative source to prevent yourself from dying from thirst. Similar scenario but if you have multiple taps that supply water, if one of the tap breaks down, you do not need to worry because there are always alternatives. This is important because we will never know when we a are being retrenched, fall ill or face a disaster.

Financial freedom not just a dream but an achievable goal that one should strife for. Passive income is an auto generated machine that allow you to earn your income even though you are going for a holiday, doing your regular work or sleeping.

Ways to build passive income:

* Venture into the new world of cyberspace. Cyberspace or the internet have altered the ways we process information and offer vast amount of money making opportunities at a minimal start up capital. Do your research and decide the most suitable path for yourself.
* Earn money via royalties while you are sleeping. Royalties can be generated from writing a book or writing a song. Royalties can be collected from franchising a successful and profitable business.
* If you are not a sales person leverage on others and offer an associate program and tapping on the sales generated by them. Create network marketing with an intention of creating passive income and also to help others.
* Rental property that generate positive cash flow are consider as passive income.
* Invest in dividend stocks and receive annual dividend. You can also profit from the price appreciation of the stocks

Passive income is not generally without having to work for it. Do your research before taking the plunge because there are a lot money making schemes that shouts easy and easy sells! For further information, visit us at: How To Generate Money

Article Source: http://EzineArticles.com/?expert=Angeline_Ng_Mei_Lin

Angeline Ng Mei Lin - EzineArticles Expert Author

Friday, December 12, 2008

Thank you EzineArticles.com Team!


Angeline Ng Mei Lin, EzineArticles.com Basic Author


I would like to thank the EzineArticles.com Team for granting me the Expert Author Status.

Become a World Class Debtor Guaranteed! By Angeline Ng Mei Lin

In our world, there is a group of people who never cease to amaze me. We should emulate them if we want a guaranteed path to become a world class debtor. Their ability to amassed enormous debts in their life is simply amazing. Followings are the traits required to qualify as glorified world class debtor.

- Their philosophy in life is to resist any money making methods at all cost. Money is evil! Having money will invite more troubles to their lives. The fear of having money is ingrained in them through a systematic programming.

- The classic channel which is one of my favorite is there is always some poor souls for them to blame for all their troubles. It first started with their parents, siblings and even their spouse. They are the most available and convenient channel as there will be minimal resistance. They are so good at it that their victims actually believed that they are responsible for all their failures.

- If the blame games fails, there is always a reason for all the failed financial decision made. The never ending of justification is sure way to increase their debts. There is always a reason to justify for any purchases. All expenditures are then construed as major investment .

- There is a always time to clear the debts owed and minimum payment to ensure the continuance of the credit line. Why bother clearing all the outstanding debts when they can afford the interest incurred. If all the resources are fully utilize, the financial institution are their best friends that they can count on for a higher credit line.

- The lack of drive in improving their financial standing in society will put any energy saving program to shame. They are always on the saving mode therefore their performance are at the optimal!

- The ego in them is overwhelming. They are the expert in accumulation category and they reject any attempt to digress.

Financial freedom is an alien word to these classified group. Their main objective is to live life to the fullest however they fail to understand in the event of their death, the authority will pursue their estate to settle their debts.

For more information, visit us at: How To Generate Money.


Monday, December 8, 2008

Wealth Creation Begins With Mindset By Angeline Ng Mei Lin

Have you ever wonder why some people use to have it all? Most us will just shrug it off, thinking it's just a stroke of luck coupled with a touch of envy.

Majority of the population are being conditioned by the notion that if we succeed in college our future will be promised with job securities hence a secured future. The question that hits us all when we reach our mid life is, why are we still in the bottomless pit? The never ending funnels that sucked us into black hole of debts. We start questioning our purpose in life and the whole process starts all over again.

That brings me to the observation I have made. The rich or the elite society, why they deserved to be abundant. The most important characteristic from this privileged group is their believe that they deserved to be happy and rich. Happiness are our birthrights and money is attracted to happiness. That leads us to The Law Of Attraction.

All of us are an ultimate magnet within and if utilise correctly, we can attract wealth in forms of knowledge, monetary matter and mental health. Unless we take responsibility for our action for the state we are in now, we will continue to fall into this pit hole. Justification and blaming the whole world is a guarantee for our journey to our doom.

By embracing change of mindset, it is not going to change our life immediately, we need to take action for our new objective. Facing it grudgingly with a burning desire, drive and act with commitment to upgrade our state of mental happiness and financial position.

Then we can begin to ponder our purpose in life to achieve financial freedom so we can serve our loved ones and community in general. For further information. Visit us at : How To Generate Money


Article Source: http://EzineArticles.com/?expert=Angeline_Ng_Mei_Lin

Sunday, November 30, 2008

Modern Age of Enslavement By Angeline Ng Mei Lin

Agony is the description for the physical, mental and emotional pain that affects us at any point of our life in managing our finances. The lack of money plus the compounding debts incurred in our daily survival is enough to draw sanity out from any individual. This is where the financial quotient (F.Q.) will differentiate between the enslaved and the free. Financial Intelligence are never taught on syllabus in school. All of us have been there in our life; either we are broke or indebted!

F.Q. is very important because it is a personal finance education. A form of delay gratification so we can enjoy our fruits of labour later. Nowadays, we might as well throw F.Q. out of the window because our daily lives are bombarded with commercials, free subscription of credit lines and planned promotions to stir our urge for impulse spending. So how do we manage our own finance so we are not caught in the current economic turmoil that washed to our shores? The thought of managing own finance is enough to create nightmare to some. We have to go back to the basic to find the solution to our problem.

Followings are the general solutions :

* 10% of the income goes to personal savings. Saving for oneself is imperative to our journey to success. The amount saved is for future investment. The pot of money can be channel into mutual funds, equity, properties and self education.
* 20% of the income is to manage existing debts not taking into account of our future expenses. Any future expenses will fall under the household expenditure. The public in general view all debts are detrimental to our financial standing. Here I beg to differ because we need to use the cost comparative analysis to justify for our debts. Example: If Jane incurred a debt of $10,000/= (loan) with a monthly repayment of $500 over a period time so that she can have the monthly income of $650, I would categorized the debt is a good debt because its an investment. Jane will be able to repay the debt monthly with an excess of $150 (Income-Repayment : $650-$500). When the loan is settled, Jane had just created an additional stream of income. The additional income is then regenerated to future investment.
* 70% of the income is manage the household expenditure. Why 70% and not less, the journey to climb out from the pit is not done overnight. Bear in mind, debts incurred in our life is done gradually over a period of time.


Two main reasons why we should maintain the household expenses at 70% of our income:

1. We do not give up and walk away from our primary goals out of frustration.
2. We do not want to compromise our basic needs for our family by cutting down expenses for weekend outings.

Having the general guideline works only if we change is our mindset to believe that we can achieve what we set to do. We must have the discipline and determination in walking towards our financial freedom. Taking responsibility for our action is a crucial for making the change in our life. Sadly, we are being enslaved because we allowed ourselves to be in this position.

For further information, visit us at:

How To Generate Money

Article Source: http://EzineArticles.com/?expert=Angeline_Ng_Mei_Lin

Angeline Ng Mei Lin - EzineArticles Expert Author

Sunday, November 16, 2008

Quickest Way to Make Money - Use the Internet By Jamie Hunter Platinum Quality Author

The possibilities of making money have been diversified with the advent of the internet. The internet allows us to get an access to several potential ways to money quickly. These methods are indeed very easy to understand and deal with. Moreover, these quickest ways to make money are user-friendly and can also help you in learning the other aspects and the risks involved, if any.

Internet has bought along various money making tools, the common ones include online trading, content writing, online surveys and various other online job options. Most of these money making tools are genuine, but the speculations still prevail. You should be confident that you can participate in the surveys or trade online that is all that is required.

Another quickest way to make money would be through selling probable solutions to various problems that the businesses experience in course f time. Sometimes, the solutions need not be associated to problems; it might just be a part of the job. But you need to be proficient while delivering solutions to the problems; that's a must.

Money making can be categorized as Time money, Solutions money and Credit money; of which Solutions money is believed to be the quickest way to make money. Though other money making schemes aren't just to be overlooked, but they do not provide quick access to money as solutions money does. It is more apt as compared to the rest.

Every second company has problem solving skills and the demand for such jobs has risen over time. So if you are to lean about the quickest way to make money, your quest ends right here!!!

If you need money now, like I mean in the next 10 minutes, try what I did. I now am making more money than in my old business and you can too. If you want to learn how to invest a few hundred dollars in the next 10 minutes and double it before you go to bed tonight, click now to read a "Rags to riches" story that is remarkable - Free! Quickest-way-to-make-money-on-earth.com

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Article Source: http://EzineArticles.com/?expert=Jamie_Hunter

Money Is In Love With Knowledge! By Mike Marino, Jr. Platinum Quality Author

Now you are starting to remember why you were sent here and how you can serve people in your unique way.

What can I do? Fall in love with learning how you can serve humanity, and money will chase you all the days of your life! How may I serve humanity with humility?

Fall in love with money and it will run from you.
If you are fast enough to catch up with money, you will need knowledge to hold on to your money!

The opposite of love is use. Hate is when you give someone free rent in your mind! Never love money.

Money is in love with knowledge. Knowledge is the root of all good. If you need money, chase knowledge. Money will chase you all the days of your life.

You do not stop learning because you are older; you get old because you stop learning. There are old people that are young and young people that are old.

Lies are the root of all evil. To love money is a lie.
Money will never love you back. Spend money wisely!
Use money to earn more money, while you are sleeping.

The banks will lend it out for education, health care, housing, food, and clothing. Your money will be used to create jobs for everyone. When money finds out that you are in love with learning. Money will start chasing you all the days of your life. Money is only 10% of affluence. Affluence is the flow of good! Words are only 10% of communication. Action speaks much louder than words.

Mike Marino, Jr. aka “In Person,” is the co-author of two books and a Distinguished Toastmaster who helps people fall in love with learning. He speaks and writes on the love of Knowledge is the root of all good!. To book Mike for your next association meeting, conference or corporate event, contact Mike Marino, Jr. In person 504 833 4405 or email marinojr@bellsouth.net

Proud member of the New Orleans Metropolitan Convention and Visitors Bureau.

All presentations are available in PowerPoint or Keynote.

Article Source: http://EzineArticles.com/?expert=Mike_Marino,_Jr.

3 Way to Amplify Your Attraction to Money By Daniel Hinds Platinum Quality Author

You can start to put the law of attraction to work magic in your life by following the 3 techniques for intense and fast results.

Change What Money Means to You

One of the most powerful secrets to putting the law of attraction into money motion is to change what money means to you. Poor people see money as unattainable, hard to come by and there is the belief that you must work for money. Did you get that secret? Working for money, has placed money in a position of power above you. Consciously and subconsciously you have a belief of being a servant for the money that you desire. Money is working you as opposed to you working money.

Weaving the Spell of Power Over Money

People who attract money easily have a unique relationship towards money that poor people don't have. Those who attract money easily see money as the servant. They have attributed an animated feature towards money by placing the desire within money so that money desires to work for them. As you shift the paradigm between you and money, the attraction changes, money will come to you. Money will be dreaming its way towards you, as opposed to you dreaming money into existence.

The Secret to The Law of Attraction

The secret to applying the law of attraction is to change your belief first. If you change how you want to see things in physical reality the things will change to match your belief. You are free to attract in your life whatever you want in whatever way you want. Money is no different from anything else, however people have a hard and fast way of looking at money that makes it impossible to be attracted to them.

You can increase your magnetic power by releasing resistance between you and what you want to attract, especially resistance between money and yourself. As you remove the resistance the path towards you becomes clear. Applying the principles of attraction then become easier.

Sign Up for a Free Manifesting Software and Magic Money Newsletter http://www.cosmic-wealth.com/lawofattraction

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Article Source: http://EzineArticles.com/?expert=Daniel_Hinds