I would rather earn 1% off a 100 people’s efforts than 100% of my own efforts. -John D. Rockefeller
There are two types of income:
1) Passive
2) Everything else
Passive income is simply income from a source that requires little to none of your time. Essentially, you earn passively.
Everyone has the same amount of hours in a [...]
Archive for September, 2008
Unlimited Wealth From Passive Income
Posted in Financial Philosophy, Real Estate, tagged Finance, Franchise, Hunter Plescia, Investing, job, Money, passive income, Real Estate, Subway, time, Wealth on September 6, 2008 | Leave a Comment »
Kicking The Filthy Habit Called A Job
Posted in Financial Philosophy, tagged college, Finance, Hunter Plescia, job, Money, passive income, rich, work on September 6, 2008 | Leave a Comment »
A few people love their job and make due with what they earn, God bless them. Most people, however, hate their jobs but are dependent upon it. Similar to smoking or a drug habit, people are addicted because they need the fix (paycheck), but they hate the addiction and can’t break it cold turkey. A [...]
The Reason You Won’t Get Rich Even If I Doubled Your Salary
Posted in Financial Philosophy, Real Estate, tagged Finance, Hunter Plescia, Investing, Money on September 4, 2008 | Leave a Comment »
This is the most simple financial concept and most simply ignored. I have a theory that states: If a person receives a lump sum of money (inheritance, settlement, lottery, etc), that is more than that person could have earned with their own business potential, then they will lose every penny. By lose, I don’t [...]