Tuesday, December 30, 2008

Creating wealth with Automated Income Streams.

By Josh Dill

Creating automated income streams is a great way to live an abundant life, and it's not as hard as you may think!

Every one defines wealth differently... Some say it's having a boatload of money. Others say it's having enough money to live and the time freedom to do what you please. I say it's both. The only way your likely to have both is by creating automated income streams that don't require your presence to earn a daily profit.

There is little or no leverage at all when when it comes to trading time for money. The amount of money your earn is controlled by 2 things: 1) the hourly wage or salary you earn 2) the amount of time you spend on the job.

Now check this out! Lets say you have just 2 automated income streams you have created. Each earns an average of 2-3k per month and each week you spend 5 hours of your time on each A.I.S. (automated income steam). You are earning an average of $5,000 a month! The cool part about this is your only spending 40 hours a month(not a week) on your business. That's $125 per hour, not to shabby!

Now our goal here is not to be able to sit on our duff all day watching TV (although I suppose you could). In creating automated income streams we create leverage in our lives. With leverage we are able to spend out time doing what give our lives meaning and joy.

Now it not very likely that an Automated Income Stream is going to create world peace or save the world from global warming. Yours might, I'm not saying it can't happen. It's just not really the goal of an automated income stream. Although with the extra time and energy your just might start a business that does change the world.

With the countless number of affiliate opportunities combined with the power of the internet, you truly are only limited by the boundaries you set yourself. Creating an profitable income streams online doses take time and persistence but anyone with basic computer skills can succeed.

So many people remain satisfied (mainly because they simply have not searched out the options they have) working 40 plus hours each week. Trading their time for money. Little do they know they have so many options that would provide them a much happier and fulfilling life. Lucky we are not in that group. - 16732

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