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Member You - Are You Wealthy Yet?
The Hidden Secret on Logo Colors, and How They Affect Your Customers s a little
easier to understand. Expenses are the total amount it takes to
run your household and your life. This includes, rent, mortgage
payments, car insurance, food, credit card and loan payments,
etc………Could you imagine if the "Golden Arches" were purple, or if IBM's colors were red and green? You may have wondered who, how and why they came up with the colors that they did. Why is it that so many restaurants like McDonald's, Burger King, Taco Bell, Pizza Hut, Subway all use red, orange, yellow or green, but you don't see a lot of blue or purple. Chances are there's a lot more to the process than you might imagine. And if you haven't wondered but you are thinking of creating a logo or hiring someone to do it for you, this is something you'll want to read. It sounds absurd, but choosing the right colors for your business image and logotype can mean the difference betwee Let's look at Marty's family a little closer…………. Does Marty have any Passive Income? Yes he does. Marty's salary is not considered Passive Income. That's because he has to work 40 hours a week just to get the basic amount. If Marty doesn't go to work then he doesn't get paid. His overtime also doesn't count as Passive Income. The interest from their Retirement Fund does though. It's paid to him month after month as long as it's left in that Remembering Customers' Names - The Fail-Safe Guide Here's a real simple way to become wealthy.My next-door neighbor has the longest sleeves you have ever seen, I don’t know how he gets any work done with his hands all tangled up in those lengthy tube like frustrations. Although he and his wife are clearly a good couple she is always wearing a shoal over her head (no matter what the weather is like).In fact I think that a good portion of the town that I live in could be going a bit bananas. A few weeks back we had an air conditioner guy come to the house and sure enough when he arrived he was wearing a giant teddy bear costume. I understand that the costume could very well protect him from the cold arctic blasts from over-zealous air conditioning units but don’t you think we have gone a little overb Marty and his wife live at home with their 2 children. They own a 3 bedroom house in a middle class neighborhood and try to live within their means. Marty works full time in the Printing Industry, while his wife is in charge of the home and looking after the children. They've accumulated some credit card debt and have 2 years left on a car loan. They try to stay out of debt as much as possible and together they've managed to contribute a total of $32,000 to their own Retirement Fund. It is kept in term deposits receiving 5% interest annually. Two years prior, the couple bought an older house that they fixed-up and rent out for $850 a month. After paying the mortgage and taxes $300 is left over each month. This goes into their savings account each month. At Christmas, the family bought themselves a new computer and decided to start a home-based business. Things started out fairly slowly but after 8 months they were receiving a steady check of $400 a month which also goes into their savings account. This part-time business will continue to grow with the effort they dedicate to it. This business also offers them some very lucrative tax savings. By taking advantage of these Tax Strategies they are able to save an additional $300 a month on tax that was normally deducted from Marty's paycheck at work. This monthly income is also added to the couple's savings. Marty has just begun writing an E-book about his "production expertise" at work. His plan is to market this book on the internet for profit Every Sunday the couple takes a drive to stay familiar with the Real Estate market in their area. They're looking for another property, a "handyman's special" to fix-up and rent out. They have saved enough for a down payment and their credit with the bank is well established. The family's total monthly expenses are $2000. Now, here's the question: Does Marty's family have Wealth yet? To answer this question properly you first have to understand exactly what "wealth" means.You achieve wealth when: *Your Passive Income is the same or greater than your Expenses.* So what does this mean? First, what is Passive Income? Passive Income is money that you are paid over and over again for work that you only do once. (This excludes using a gun or finding cash on the street) Some examples of this would be royalties for writing a book or a song, commissions that you receive for sales that others make and interest from bank savings or dividends on stocks/options that you own. Second, what Expenses are we talking about? This one's a little easier to understand. Expenses are the total amount it takes to run your household and your life. This includes, rent, mortgage payments, car insurance, food, credit card and loan payments, etc……… Let's look at Marty's family a little closer…………. Does Marty have any Passive Income? Yes he does. Marty's salary is not considered Passive Income. That's because he has to work 40 hours a week just to get the basic amount. If Marty doesn't go to work then he doesn't get paid. His overtime also doesn't count as Passive Income. The interest from their Retirement Fund does though. It's paid to him month after month as long as it's left in that a Are You Wasting Time and Money Printing Business Cards? ey
fixed-up and rent out for $850 a month. After paying the
mortgage and taxes $300 is left over each month. This goes into
their savings account each month.If you use business cards, you've probably thought about printing your own. After all, you own an inkjet printer, a computer, and some graphics software. How hard could it be to save a few bucks?To check out how well this works in practice, my employees and I conducted a small experiment. We created 3 batches of business cards, using 3 different techniques.The first technique was fairly straightforward: We took the business card down to our neighborhood print shop, and asked them to print up some more. We brought a blown up copy of our logo, which served as “camera ready artwork.” The copy shop took care of the typesetting, proofreading, printing, etc. It was fairly painless, although it did involve p At Christmas, the family bought themselves a new computer and decided to start a home-based business. Things started out fairly slowly but after 8 months they were receiving a steady check of $400 a month which also goes into their savings account. This part-time business will continue to grow with the effort they dedicate to it. This business also offers them some very lucrative tax savings. By taking advantage of these Tax Strategies they are able to save an additional $300 a month on tax that was normally deducted from Marty's paycheck at work. This monthly income is also added to the couple's savings. Marty has just begun writing an E-book about his "production expertise" at work. His plan is to market this book on the internet for profit Every Sunday the couple takes a drive to stay familiar with the Real Estate market in their area. They're looking for another property, a "handyman's special" to fix-up and rent out. They have saved enough for a down payment and their credit with the bank is well established. The family's total monthly expenses are $2000. Now, here's the question: Does Marty's family have Wealth yet? To answer this question properly you first have to understand exactly what "wealth" means.You achieve wealth when: *Your Passive Income is the same or greater than your Expenses.* So what does this mean? First, what is Passive Income? Passive Income is money that you are paid over and over again for work that you only do once. (This excludes using a gun or finding cash on the street) Some examples of this would be royalties for writing a book or a song, commissions that you receive for sales that others make and interest from bank savings or dividends on stocks/options that you own. Second, what Expenses are we talking about? This one's a little easier to understand. Expenses are the total amount it takes to run your household and your life. This includes, rent, mortgage payments, car insurance, food, credit card and loan payments, etc……… Let's look at Marty's family a little closer…………. Does Marty have any Passive Income? Yes he does. Marty's salary is not considered Passive Income. That's because he has to work 40 hours a week just to get the basic amount. If Marty doesn't go to work then he doesn't get paid. His overtime also doesn't count as Passive Income. The interest from their Retirement Fund does though. It's paid to him month after month as long as it's left in that Federal Payroll Tax that was normally
deducted from Marty's paycheck at work. This monthly income is
also added to the couple's savings.The authority over federal payroll tax in the United States is the Internal Revenue Service (IRS that determines the percentage of payroll tax withheld from an employee's wages, the formalities to be fulfilled by an employer and any other issues relating to federal social security, Medicare and unemployment taxes.Federal payroll tax withheld from an employee's wages and paid by the employer includes federal social security tax and federal Medicare taxes. This is a mandatory government extraction from your check on every payday. The federal payroll tax also includes the Federal Unemployment tax that has to be paid by the employer. Medicare and social security federal taxes have to be equally divided with the Marty has just begun writing an E-book about his "production expertise" at work. His plan is to market this book on the internet for profit Every Sunday the couple takes a drive to stay familiar with the Real Estate market in their area. They're looking for another property, a "handyman's special" to fix-up and rent out. They have saved enough for a down payment and their credit with the bank is well established. The family's total monthly expenses are $2000. Now, here's the question: Does Marty's family have Wealth yet? To answer this question properly you first have to understand exactly what "wealth" means.You achieve wealth when: *Your Passive Income is the same or greater than your Expenses.* So what does this mean? First, what is Passive Income? Passive Income is money that you are paid over and over again for work that you only do once. (This excludes using a gun or finding cash on the street) Some examples of this would be royalties for writing a book or a song, commissions that you receive for sales that others make and interest from bank savings or dividends on stocks/options that you own. Second, what Expenses are we talking about? This one's a little easier to understand. Expenses are the total amount it takes to run your household and your life. This includes, rent, mortgage payments, car insurance, food, credit card and loan payments, etc……… Let's look at Marty's family a little closer…………. Does Marty have any Passive Income? Yes he does. Marty's salary is not considered Passive Income. That's because he has to work 40 hours a week just to get the basic amount. If Marty doesn't go to work then he doesn't get paid. His overtime also doesn't count as Passive Income. The interest from their Retirement Fund does though. It's paid to him month after month as long as it's left in that Medical Billing - Common On The Job Problems If you're thinking of becoming a medical biller for a medical billing company, there are some things that you might want to know about some common problems before you decide to take the job. This is a very stressful career choice and if you don't know what you're getting yourself into, you could end up regretting it for the rest of your life. What follows are just some of the common problems and there are a lot more.One of the biggest problems you're going to run into as a medical biller is patient complaints. You have to understand something. These people are usually very poor and need to have their medical bills paid by the carrier. When things don't go right and they're not reimbursed for their presc To answer this question properly you first have to understand exactly what "wealth" means.You achieve wealth when: *Your Passive Income is the same or greater than your Expenses.* So what does this mean? First, what is Passive Income? Passive Income is money that you are paid over and over again for work that you only do once. (This excludes using a gun or finding cash on the street) Some examples of this would be royalties for writing a book or a song, commissions that you receive for sales that others make and interest from bank savings or dividends on stocks/options that you own. Second, what Expenses are we talking about? This one's a little easier to understand. Expenses are the total amount it takes to run your household and your life. This includes, rent, mortgage payments, car insurance, food, credit card and loan payments, etc……… Let's look at Marty's family a little closer…………. Does Marty have any Passive Income? Yes he does. Marty's salary is not considered Passive Income. That's because he has to work 40 hours a week just to get the basic amount. If Marty doesn't go to work then he doesn't get paid. His overtime also doesn't count as Passive Income. The interest from their Retirement Fund does though. It's paid to him month after month as long as it's left in that How Creative Intelligence Alliances Can Help You Grow Your Business s a little
easier to understand. Expenses are the total amount it takes to
run your household and your life. This includes, rent, mortgage
payments, car insurance, food, credit card and loan payments,
etc………Who do you report to when you are the boss? How do you deal with unmotivated days, or those times when you feel overwhelmed?Successful people have known the key to dealing with these pressures for a long time.In the early 1900s Napoleon Hill studied first-hand the high achievers of the day - names that we still recognize, like Carnegie, Rockefeller, and Edison - and discovered their secret: a network of other success-oriented people who kept them focused and on track.He called this phenomenon the "Master mind" because the calibre of ideas produced by the group as a whole were greater than the ideas produced by the same individuals on their own. If you've experienced being in a group of p Let's look at Marty's family a little closer…………. Does Marty have any Passive Income? Yes he does. Marty's salary is not considered Passive Income. That's because he has to work 40 hours a week just to get the basic amount. If Marty doesn't go to work then he doesn't get paid. His overtime also doesn't count as Passive Income. The interest from their Retirement Fund does though. It's paid to him month after month as long as it's left in that account. So, $32,000 at 5% is $1600 a year. Divided by 12 months equals $133 a month in interest. Ok…..what else? After the mortgage and expenses are paid with the rent money they receive on their rental property they are left with $300 every month. This is Passive Income. Just as long as the tenant stays and pays his monthly rent. How bout that $400 from the home-based business and the Tax savings. Is this Passive Income? Well, Marty's wife made sure that she chose a company where she could sign new business accounts and get paid commissions on those accounts over and over again. They've made a 5 year commitment to build this business part-time. So yes, both the $400 and the $300 in Tax Savings would apply as Passive Income. Let's add up Marty's total Passive Income. Interest $166.00 Rental Income $300.00 Home Based Business$400.00 Tax Savings $300.00 Total $1166.00 Not including Marty's salary from work, his family's Passive Income is $1166.00. Not bad. Every month this amount flows into the family's bank account, regardless of anything else they do. We said that Marty's monthly expenses total $2000.00 a month. And we also said………… You have Wealth when: *Your Passive Income is the same or greater than your Expenses.* $2000 Expenses subtract $1166 Passive Income = $834 monthly balance needed to have Wealth. Marty's Expenses are still more than their Passive Income so they're not wealthy just yet. But they're well over half-way there. With this kind of knowledge a family can know exactly where to focus their financial attention. Maybe when Marty writes that ebook he could get some sales and royalties from it. Also the new Real Estate and more work on their Home-based business would certainly help them to attain more Passive Income. Once Marty's Passive Income is more than the family's Expenses then Marty could start to have much more freedom. He may even choose to quit his job and continue developing his Passive Income streams. Take a look at your own finances. What are your monthly expenses? Do you have more Passive Income than your Expenses? If you do Congratulations. You're Wealthy!!! If you don't. It's time to get started and start adding Passive Income from other areas as soon as possible. When you truly understand this principle, you'll be well on your way to becoming wealthy
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