How To Make Passive Earnings Online

At the very least, if you intend to be wealthy, you’ll want to own your own home. Why?

There are two types of people.

1. The people who rent for 25 years and collect a worthless pile of rent reciepts.
2. The people who pay a mortgage for 25 years and end with a $100,000 or $200,000 or $300,000 home.

Both groups of people made a payment every month. The people who rent saw thier monthly payments rise every year with inflation.

The homeowners were happy to have a fixed mortgage payment that seemed to get smaller every year as thier income increased.

Having a $200,000 home completely paid for 25 years from now means you’ll have $200,000 more in your investment fund. And as a side benefit, owning your own home means:

 * You can paint any color you want.
 * You don’t have to move because the landlord had a bad day.
 * Every

So how much money do you need?  What does financial wealth mean to you?

 * Having a million dollars in your savings account?
 * Recieving a check in your mailbox every month that covers your monthly expenses?
 * Never having to go to work again?

These are just some of the definitions of financial wealth. Your definition might be quite different from anyone else’s. However, no matter how you describe financial wealth – you can get there using one of the many proven paths mentioned in this series of post.

Let’s imagine that financial wealth means that you have enough money to live the lifestyle you want – and you never have to go to work again. Fair enough?

In other words, you have all the money you need to lead a comfortable life. How much is that? Let’s look at some examples:

1.  Ed love to camp out in “fishing territory.” All Ed needs