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| Tuesday, April 1, 2008 |
| Where's the money? Getting to know Un-earned Income |
Ever wondered how the rich got richer, and stayed rich? We know they did, but we really cannot zero in on HOW they did it.
One thing I learned over the past few months is that there is such a thing as Un-earned Income. This income is that you did not earn. Yes. That's right, income that you did not sweat for, work for, or bled for. So how can you get income without actually WORKING for it? Here are some of un-earned income sources:
- Rent from land
- Profit from trading
- Profit from exchange
- Interest
- Dividends from investments
Why am I interested in Un-earned Income? When you think about it, one can only work as much. You bust your butt, toil till your bones grow weary, and still you can only work for around 24 hours a day, in 7 days a week if you must. And if you earn a Php. 80.00 ($2.00 [at Php. 40.00 exchange rate]) an hour, how much is that? That's Php. 1,920.00 a day. Of course, by the time you reach a whole month, you'd be almost dead without sleep and not seeing your loved ones. Is it worth it? Well, I got as far as handling 3 jobs at one point, and I was almost dying. I knew I could not last any longer.
What I am getting at is, "do not work HARD. Let your money work hard for you." Now, there is a whole ballgame out there. Something we should get our hands into if we really want to earn more. I will be posting more on this in the following days. Perhaps every Tuesday [I dub this, "Tuesday's Cash"]. Let us learn how to be richer, and stay rich. Together.Labels: income, money, rich, Tuesday's Cash |
| posted by Ann @ 9:05 PM
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| About Me |
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Name: Ann
Home: Philippines
About Me: even when she has fairy wings on, this girl is anything BUT dainty. perhaps the size, the weight, and the personality alone are just too much for her to be considered delicate, prim, proper, and refined. this girl with the mud smudged cheeks has been down on the ground one to many times. these times forced her to be tougher, smarter, and more savvy than she has ever been. perhaps she will always be, never dainty.
email me: neverdainty [at] gmail [dot] com
See my complete profile
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