What Does It Feel Like To Never Have To Worry About Money?
Well, I can tell you for sure that it feels GREAT! But really it depends on what you mean by "NEVER having to worry about money." Some people say that because it means that they somehow have acquired a steady income of money. If they don't spend more than they bring in, that may be enough to truly guarantee that they will never have to worry about money.
(there are ways to do this...keep reading)Others may have won the lottery or inherited a humongous amount of money, so much in fact that no matter how much they spend, there will always be plenty there. Those are the ultra rich and they don't know what it's like NOT having money to begin with unless the story is a Cinderella type story that starts out with a very poor little girl who puts up a buck and winds up with billions. Then she really does have a story to tell.
What about the first one though? The first paragraph about the steady income and not having to worry about money? Ok, let's say that you've found some secret way like this one to pay you a certain amount every day, every week or every month. It's kind of cool but you have to remember that you have to stay within the bounds of the income. You can't truly say you don't have to worry about money but you can say that you don't really have to ever worry about being broke anymore, right? That in itself is a wonderful feeling because, if you stay within certain limits of spending, you really don't have to worry about money anymore. If you continue to work in some way while this continuous stream of money pours in every month, you can use this money machine to buy objects that you know you will have to make payments on for a while. Things like new cars…you could actually buy just about any car on the road as long as the payments weren't any larger than the income of the secret money machine, right?
Here's an idea: what if you wanted to buy a house or a rental property or something that would make even MORE money? You could use the continuous income to make the payments or at least pay for the first few payments and then when the property started making money on its own, you could allow it to make it's own payments and switch the continuous payments into another property. This could go on and on and each property could be really nice one. Not some poor slum. So the property could continue to gain in value and in a few years, you could sell it for humongous profits. How many rental properties could you buy if you had an unlimited supply of monthly income? Even if the income was just $1,000 to say, $3,500, you could establish some awesome real estate portfolios with that kind of free money coming in, huh? It wouldn't take long to establish your own real estate empire in just about any place you want.
With a steady monthly income, one you knew was going to be there regardless of what happened, you would have the confidence to buy luxurious resort properties, cars, furniture, vacations…whatever. Because you'd know you could pay all of it off in time.
It's an amazing feeling.
Hey, if you chose to, you could either keep working and have the money working for you in the background. Think about this:
What if you were making around $2,000 a month, every month, guaranteed. Why don't you just keep your job and then do this with the money: put every bit of it in solid, dividend paying stocks that pay you regardless of whether the stock market is up or down.
Let's explore that for a minute. Let's say you put in $2,000 a month and you buy stocks or funds that pay out at around 10% per year. Ok, just to simplify things let's say that in the first year, you have accumulated $24,000 BUT let's do a month to month breakdown of your results on JUST THE DIVIDENDS ALONE.
Month 1: $2,000 in your account. Many of these kinds of funds and stocks will pay monthly rather than quarterly so let us figure a monthly dividend. On the yearly dividend, the rate is 10% so we divide 10 by 12 (number of months) to get 0.83% per month. In the very first month, you'd earn $16.66. Remember, you didn't do a thing except put the money into the fund.
Month 2: Another $2,000 in your account. Now you have $4016 in your account. Your dividend this month is $33.34. So, now you have 4,000 + $16 + $33.34 = $4050.
Month 3: Another $2,000 in your account. You've increased your account value to $6050. Your monthly dividend is now $50.22, which now totals $6100.22.
Do you see how this works? I'm not going to go through every month because I think you can see how this all turns out. At the end of the year your total is about $25,335 or something thereof. That's $1,533 more than you would have had if you'd have just put the money in the bank. With a nice steady secret monthly income, you could alternate your investments between the real estate and the stocks and you won't have to work very long before you'll have a very large additional income to give you all the things you want in life.
Keep reading...the secret's here someplace. Can you find it?
If you just continue to work (IF you like your job), you could accumulate a whole bunch of money in a few years and do what you want with it.
Another option is just to spend all the guaranteed money any way you like and do lots of things and have lots of stuff. If that's your thing….go for it! Hey it's your money.
The idea is you first have to figure out how to make substantial amounts of money come to you every month without your having to do much or anything at all.
There are a few ways that are legitimate. Find one and you'll have a good life if you use the money wisely. If you just blow it, you'll have some stuff but so what, you're just wasting money that could be used for good things. Don't be so damned selfish. If you're not going to use the money for anything but bling, you're pretty worthless yourself aren't you?
Do good with your money…don't just flush it down the commode.