Learn to Save Your Hard-Earned Money

Another way to become wealthy is to save a certain percentage of your monthly income whether from your salary or from your small businesses. It may not be that much initially but overtime it would grow into a considerable amount. Then you can invest your money in more profitable business endeavors. Saving money is at the heart of all of your financial goals. Want to get out of debt? Want to save for retirement? Want to just make ends meet each month?

Saving a part of your income each month is one of the most important things you can do. It is widely recommended that you should save from 10 to 20% of each month's salary or income. While the specific amount saved will vary depending upon your unique circumstances, the important thing is to save, and save regularly.

You are going to have to learn to save money. It can be hard to learn, but is actually quite easy once you get the hang of it. Here are a few tips for you to get started.

First, you have to start organizing your finances. This will help you in seeing your true financial situation. How will you be able to get out of debt if you don't know how much debt you have? How can you save if you don't know what you are spending? Gather all of your financial documents and calculate what your monthly bills are. Take the time to create a budget. Be honest and include everything -- otherwise your budget won't work.

In order to truly budget, you are going to have to know what you spend each month. This helps you see where all the money is slipping out. You can use a computer and personal financial software or a small notebook. The key is to write down every penny you spend. This sounds time consuming, but can be a lot easier if you simply get receipts for every purchase. Then write them down every couple of days. Anything you don't get a receipt for you will need to write down immediately.

Now the savings begin. You look at what you are spending and see where you can cut things. You may need to be extreme and cut out everything but the necessities. Satellite TV and cable can go. You can reduce your cell phone plan and use it for emergencies only. You can look for ways to reduce your utilities and grocery bills. If you are buying coffee each morning, stop buying it and make it at home instead.

If you have your paycheck direct deposited into your account, have your employer split it and deposit a portion into your savings. This can be $10 or $200. It doesn't matter. The idea is to start saving money. When it is automatically put in your savings and you never see it, it becomes quite easy to forget about it. If you get a raise, have the amount of the raise put in your savings each month. When you never see the money, you learn to live without it. It is the easiest way to save.

If you want to protect your budget from disruptions, you need to start a savings account that will handle your annual expenses. These are the things that don't come due on a monthly basis. You need to save for Christmas, holiday spending, birthdays, annual insurance premiums, property taxes and other annual events. By saving this amount, you won't stretch your budget beyond its limits later.

With the same idea in mind, you should start contributing something towards an emergency fund. You never know when something will break down. When it does, it usually puts you in a financial pickle. You can avoid the stress to yourself and your finances by having an emergency fund. Most financial advisors recommend that you have at least three months of expenses in the fund. Don't let this discourage you. Put anything you can in there. Even if it isn't a full month's worth, it will help out in an emergency.

This is ironic. One of the best ways to save money is to get out of debt. And that is why you start saving money in the first place. So I guess you could say that by getting out of debt you can save even more money. Think of how much you are paying in interest. That amount could be going into your savings and earning you interest. Instead of paying a lender, the bank could be paying you. It is important to get your debt paid off first, then work on your savings.

Don't focus on trying to save a certain percentage of your income unless that goal drives you to save. The key in the beginning is to save as much as possible. Have goals that you are working towards. Budget wisely and make saving a habit. It will pay off in the long run.



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Nine Steps To Generate A Profit With Ebay Income

If you’re worn-out of hearing all the stories about how you can become rich quick off eBay, this is the article for you to read. While you won’t turn into a millionaire, you can still have a quick eBay income that you can rely on as long as you’re consistent. Here are 9 steps you can take to earning a nice income as an eBay auctioneer.

Step 1: Provide a Good Product or Service While this seems like a no-brainer, you’d be surprised what individuals try to pass off on the auctions. Don’t mess up your reputation.

Step 2: Offer a Good Price Again maybe a no-brainer, but you need to establish the lowest price you can on an entry so individuals will click on your merchandise and observe it.

Step 3: Write a Good Ad If you can’t be understood, no individual is going to bid on your auction items. Be transparent, and use good marketing language to boost your quick eBay revenue.

Step 4: Use Photographs A picture is worth a thousand words it’s said. If you have only a small amount of space, use a photograph. You’d be surprised how many persons pass up good ads that don’t include a photo.

Step 5: Be Reliable Make certain you send off what you say you will send, in the condition you promise (or better), and at what time you say you’ll send it. Get good ratings from your customers.

Step 6: Offer Returns If someone isn’t confident they want to buy something you’re selling, let them return it if they aren’t satisfied. This eliminates their risk and they are more likely to give you a chance, especially if you’re new.

Step 7: Notify Your Winning Bidders Interaction is king–let them know right away and thank them for bidding on your items.

Step 8: Give Feedback Always give customer feedback. It helps keep your reputation out there and gives you more credibility.

Step 9: Tell Others Let your friends know, post a bulletin on your Myspace page, blog it, write in forums–do what you have to do to allow the world know you have an eBay auction site.

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Five Tips To Run A Succesful Home Business

It can be difficult to build home business if you are not serious about it and you want to become rich overnight. There are many hurdles that can only be faced by the serious entrepreneurs. You need to know that there is no short cut in there and you need the patience and smart thinking to generate income. It will take a while, but you will certainly succeed in it. Giving up is the last thing you can do. So the five things that you need are determination, patience, smart thinking, hard work and consistency. When you have the right ingredients you will eventually own a successful business.

There are also few pitfalls that you need to watch for. If you have the above mentioned five qualities that are needed for a successful business, you will then only need to avoid these pitfalls and the success will be there waiting for you. These pitfalls are as follows:

1. You should not wait for someone to come to you and teach you step by step how to start the business. All you need is an opportunity and you should grab it. There are plenty of opportunities so all you need is action. Take action, start your business immediately and you will learn with time. Remember that time and experiences are the best teachers. If you can find someone on the way to help you or guide you, there is no harm in listening to him though.

2. Finding the right niche is very important. You need to find a niche which is not that active. That means that there is no serious competition in that niche. If you select a niche which has tense competition in it, it would become difficult for you to grow from scrap. Remember that there are always unexplored arenas and all you need is to find one of them.

3. Don’t be the routine package. Be different and offer something unique to your customers. Being a routine package won’t help you much.

4. Remember that those who are afraid of risks never succeed. You should not fear the failure and should be prepared to meet it bravely. Learn from your mistakes and be critical of yourself. This will help you to learn a lot and you will learn quickly.

5. Take it to the end. Never give in. when you start a project, then finish it. Being afraid and giving it up is not what you want. Finishing a project will help you a lot in future even if the project is a failure. There may be situations when you will lose faith in your own dreams and you will start thinking about other ventures, but do not quit the on going project. Take it to its ration end.



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7 Easy Methods on Blogging for Wealth

There are many ways to become wealthy. Blogging for money is one of it. It is actually pretty easy and simple. If you love to write you can make a decent living with your blog. There are a few key points to focus on when considering the possibility of blogging for wealth, the first one is diversity. It is hard to make a decent amount of money on a regular basis with a blog if you only employ one method of monetization. Monetization Methods

1) Adsense: This is perhaps the most commonly seen form of blog monetization. It is easy to start, you don't have to do anything at all after you have it set up, and it has the potential for earning you a reliable amount of money and is facilitated by a reputable company—Google.

2) Paid Blogging: This seems like a no-brainer but there are a few different ways to make money creating paid posts. There are several companies online that will have opportunities for you to write posts for pay. The two main differences to look for when considering this type of work are the form posts need to take when doing the opportunities from those companies: freeform, or advertorial. Freeform type posts are easier to do because you can write about any subject that interests you so long as it includes a particular keyword or phrase with a link. Those types of posts also keep your blog from looking like one big billboard and that will make your readers happier, and your traffic up.

3) Affiliate Links Programs: These are gaining popularity amongst blogging for wealth community because they allow bloggers to choose the types of links they put in their posts or sidebars making them more focused on the subject of their blogs. You can usually find affiliate opportunities at any company selling items online, or one of the many affiliate 'brokerages' that will not only keep track of your link sales but pay you directly in a lump sum for all of your links at once rather than having money filtering in from various companies individually.

4) Asset Sales: If you know a subject well and can write about it consider developing your own eBook on the subject and selling it from your blog. Your readers already know you, like your style of writing, and are probably interested in the same things you are so will pay for the information you know about it. EBooks are easy to put together and sell online with, or without a publisher and you can often do the entire thing yourself saving you a great deal of money and earning you a good income from sales.

5) Paid Blogging Networks: This is a slightly different way to make a profit blogging for wealth. Instead of using your own blog or blogs you join a network that hosts a blog for you and pays you a portion of sales proceeds from links they place on your blog. All you do is post regularly and encourage readership and receive a tidy check on a regular basis for the effort. It is one of the simpler forms of blogging for money.

6)Donation Buttons: Don't want to advertise or sell banner space on your blog? Just ask for money. How simple is that? Set up a PayPal 'donations' button and get money sent to you by appreciative readers. It works, and it is just one of the many ways to start blogging for money.

7) Blog Flipping: This is one of the more unusual methods of blogging for wealth as it doesn't actually involve advertising anything at all. People who flip blogs are much like people who flip houses, they open a blog, build it up, make it pretty, and then when it is in a good position to make money, that means it is old enough to join companies that will pay the owners to blog, popular enough to sell banner ads, or link ads, they sell it to someone who wants a blog that is ready made to do the work.

So, the steps are laid out to you in plain english. Now you can start on tracking the path to become wealthy.


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How to Make Money from Blogging - Blogging 101

Blogs are a great way to share facts, ideas and opinions directly between people, but also, they are a viable way to earn money. In fact, earning money with blogs is something just about anyone can do. Making money with blogs is completely dependent on your audience and you're ability to attract people to click on the advertisements. Blogs are simple to set up, and relatively easy to update. As many as 75,000 blogs are created every day - almost one per second!

If you are looking to start making money on the internet and you have a budget that is very small or zero, blogging is a great way to get started. You can set-up a free blog and join advertisement programs for free. The only cost involved in setting up a blog is your time.

Although there are many factors involved in making money with your blog, there are a few vital keys to remember when setting up, maintaining and promoting your blog in order to achieve success.

1. Your blog needs to have the right layout in order for your AdSense ads to be "clickable" by visitors. Choosing an advertisement's location, size and color is very important and is something you will need to constantly test and tweak to determine which formats produce the most clicks. It's amazing how one small change can produce monumental results. There are also many other ways to make money with your blog than with AdSense alone. You could promote affiliate products and implement contextual advertising such as Kontera.

2. Your blog will need lots and lots of traffic. This is really a no-brainer, yet it's the greatest challenge of any website owner. The encouraging reality is that there are more ways to generate traffic for your blog than ever before. This is due to the emergence of Web 2.0 sites like YouTube and social bookmarking sites. Many of these sites provide great sources for one-way links to your blog. Getting hundreds, even thousands of quality links is a must if you expect significant traffic to your blog. There are also many SEO tools on the market now such as directory and article submitters that will help you get thousands of backlinks to your blog quickly and save lots of valuable time.

3. Your blog will need to be updated frequently. You cannot expect return visitors if your blog is not a source of fresh information. You can use RSS feeds to provide your blog with relative information, however you will need to add personal posts as well at least once or twice per week. This will increase your blog's search engine rankings and also help brand you as an expert in your niche.

Blogging is a great way to share your thoughts and ideas online, but it's also a powerful money-making tool. Making money with blogs is fairly simple if you know what to do and if you're willing to invest the time and effort necessary to make it profitable. So what are you waiting for. Start Blogging now!


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Work at Home Business Income Program: the Shortcut to Financial Security

Do you have a work from home income program that you currently promote?

Are you doing any affiliate program?

Have you achieved any meaningful success in the work from home internet program which you’re doing?

Do you desire a financial security, freedom and success?

Read on, to discover how to succeed in any make money from home business program and create true wealth.

Most people are like the hound dog which lies on its back and howls all day because of pains and feels lazy to get up and do something about it.

They waste their time and lives in dead end jobs that they hate.

Some dabble in various work at home business income programs.

They seem to think that their lives are like a TV show which will have a happy ending.

So they stay in the same job for years, waste their lives and whine.

Like a hound dog.

Some of them will retire, but will walk around for the rest of their lives wounded and miserable because of the stress they accumulated from their jobs.

The others will get downsized, and end up in the skid row, where they will continue howling and whining for the rest of their lives, unable to figure out where their happy ending went.

You don’t have to be a hound dog because you can do something about your current financial situation.

Most people desire to earn money from home for various reasons.

Some people are tired of working hard at their jobs and desire to earn money from home in order to escape from the 9-5 job rat race.

Other people desire a work at home business income program so as to earn extra incomes to supplement the money they make at their jobs.

Other people desire work from home income opportunity because of the comfort and freedom of working from their homes and the power it gives them to control their financial destinies.

There are some people who have bought a work from home business program because they are retired and need something to keep them busy.

When the internet gold rush happened about 7 years ago, millions of average people all over the world rushed into different types of work from home business programs because they bought the internet hype of get rich fast.

Millions of companies were born overnight and they began to offer free affiliate programs.

Millions of people signed up with the mistaken notion that just by signing up and getting a free website to promote a work at home business program will make them rich over night.

This gave birth to various internet promotions and marketing.

One of the most annoying internet promotions was spa-mm-ing.

This in turn gave birth to anti-spam activism which has almost wiped out spamming.

After 1 or 2 years, most of these millions of people who rushed into work at home business income program had to admit failure because they were not making any money.

Their dreams of fast internet wealth were shattered.

As a way to console themselves, they started labeling every work from home business opportunity as a scam.

Most of these people will buy a work from home business program or e-book and after they download or receive it will claim that the work from home business program is a sc-am (even though they have not tried it yet and have no proof) and apply for a chargeback and a refund so as to eat their cake and have it also.

By so doing, they ripped off the sellers of these work from home business opportunities.

While some of the companies who promote work from home business opportunities may sometimes engage in deceptive advertising, it is not true that all work at home business income opportunities are scams.

Most work from home business income opportunities are valid and can make the buyer a lot of money.

The problem is that most people who buy work from home business opportunity are not capable of doing them because they are not business oriented.

Most of them don’t have a clue about marketing and internet promotion.

Most of them buy the programs or sign up in free affiliate programs and after they get the websites they don’t do any serious marketing.

A lot of these people don’t even know the difference between selling and marketing.

Some don’t even know how to write a simple business letter or e-mail.

They write an e-mail without beginning it with a salutation and at the end of the e-mail, they don’t include their names or phone numbers or physical addresses.

When they phone you and leave a message on your answering machine, they don’t even know that they have to state their names, the reason why they called and their own phone numbers and the best times you may call them back.

Most don’t even know how to create a folder or save or upload a file or install a software and yet they had signed up in 100 different affiliate programs and work from home business opportunities and had dreams of making a million bucks overnight!

Is it any surprise that these people fail miserably?

The least that any serious business person should know how to do should be how to write a business letter.

Most of the people who fail to earn money from home business internet program have no discipline and are disorganized.

They have the mistaken notion that working from home and doing a work at home business opportunity program means that they can wake up anytime they like and that they can choose whether to work or not and when to work or not.

They fail to realize that doing a work from home business program can be more demanding than doing a regular job.

Doing a work at home business program requires more discipline and competence than a regular job because you may have to do many different chores all by yourself because at the beginning, you probably will be working alone and may not be able to hire helpers.

This means that you may have to play many roles and do so many things all at the same time.

You may be forced to become a website designer, a copy editor, a sales person, a customer service person, a spokes person, an attorney, a book keeper, an accountant and a publisher all at the same time.

This is one of the biggest reasons why most people fail in work from home business opportunity because they are unable to play all these roles at the same time.

Another reason why most people fail in work from home business program is that they don’t spend enough money to promote it.

To attain success in any work from home business program may require that you spend thousands of dollars.

But most people spend $25 a month to place an ad and if they don’t make any sale, they conclude that the work from home business program doesn’t work and give up.

To succeed in any work at home business program may require that you do different types of marketing and internet promotions.

Your website must be optimized and competently submitted to both the major directories and the search engines on a regular basis.

You must have a link exchange program that is effective.

You may have to do pay per click campaign.

You may have to do both online and offline marketing.

You may have to do many press releases in order to get free publicity and generate free traffic to buy your work from home business program.

You may even have to do direct marketing to drive traffic to your websites.

This depends on what type of product or service that you promote.

You may have to go offline to find the targeted customers who need what you promote.

To succeed in doing this, you must know how to locate a targeted mailing list and how to test it.

You may have to do magazine and newspapers advertising too.

Above all, depending on the type of product or service that you’re promoting, it may take time for you to start seeing a return on your investment and to become profitable.

Unfortunately, most people that get into work from home business opportunity lack patience because they are looking for quick ways to make money.

For that reason, they don’t do enough marketing and internet promotion and don’t network and don’t spend enough money to generate traffic and so consequently they fail.

But when they fail, they are unable to admit that they are at fault.

Instead they blame the work from home business opportunity and the company who sold it to them and label all work from home business opportunities as sc-ams.

May these insights about work from home business internet income business programs open your eyes to the possibility of infinite wealth and success which can be yours.



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How to Get Wealthy and Achieve Financial Freedom

If you think that you can not get wealthy during your lifetime, then you have some serious thinking to do. That is because it is highly possible to grow your personal riches, become wealthy and achieve financial freedom. All you have to do is to understand how money can work for you and look for ways to grow the resources available to you now. So here are some practical ideas that you may find useful so you can become rich, wealthy and financially successful.

The first thing that you have to do in order to get wealthy is to understand the dynamics and the real meaning of money. For most people, money is a material thing that you can earn easily and spend easily. This mind set will not help you to grow your riches. You will just end up working as a typical employee all your life struggling to overcome perennial financial difficulties. You have to understand that money is not just a simple thing that you can spend. It is a tool that can work for you. You have to treat money as your employee that can bring you great riches. So the more you save money, you are also building up your own army of employees that will work for you unquestionably. Every dollar you save is one additional employee for you. This should be your mindset so you can truly appreciate the value of money.

Investing is also a key to get wealthy. However, you need to understand that before you can invest big, it is important that you start small. You should not discount the power of starting a small investment in order to grow your riches. Remember, everything in this world started from number one. And every massive army that conquered many territories started from one soldier. This is also true when you start investing. Do not overwhelm yourself with big ventures that you do not have the capacity to sustain. You must start with a venture that you can easily manage and afford. From these small beginnings, you can now work hard to grow your business one steps at a time. If you do this systematically, then it is just a matter of time to see the fruits of your success.

Lastly, you need to maintain strict financial discipline at all times. Even if you are starting to see great profit from your business, it is not a license for you to spend like there is no tomorrow. You still need to save so you can accumulate more capital to expand your investment. You must reinvest your money and forego lavish personal spending. If you have a debt, then you need to use your profits to wipe out all your financial obligations. Once you develop strong financial discipline and continue to practice wise financial management, then it would be easier for you to grow your riches and get wealthy in no time. These are the essential ingredients to grow your money, get rich, and attain financial freedom for the rest of your life.


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Affiliate Marketing - Can You Really Get Rich Fast and What it Takes?

The internet promises us huge fortunes and overnight financial success in online marketing but is it really possible to even generate money?

The truth is yes! The real and 1st question shouldn’t be if its possible because it is but the question should be HOW is it possible and can I do it? You see the sales copy all the time “Joe the plumber makes a fortune overnight by using this incredible system that delivers riches instantly!”

But what the experts won’t tell you is what it really takes to make all that money rolling in. They won’t tell you How much they had to spend on advertising to earn all that money! (And how much YOU would have to spend on advertising to earn all that money.) Then they show a screenshot of their paypal account or clickbank account with all this money in it but a screenshot showing $30,000 made in 30 days doesn’t mean much if they spent $29,000 in advertising for the month! They won’t tell you all this!

Think about it for a minute: If you had found out a way to make tons of money, would you share ALL of your secret with the world? Absolutely not! So why would the guru’s share ALL their secrets? The truth is they don’t! Don’t get me wrong you can get a lot of good info that can lead you to being an expert in your niche but it takes a lot of delving into and time to educate yourself on all that is needed to earn money online. This takes some time people.

Get rich in internet marketing? Yes it can be done but your going to have to do a lot of research to learn the right techniques and how to use them effectively which means it WILL take you time and some money. You can earn money online but the real question now becomes “How much do you want it and what are you willing to do to get it!”

Bottom line here is to research, educate yourself the in's and out's of internet marketing. You can first do blogging for google adsense. Then as time goes on and you see yourself as an expert on this, then you shift yourself to affiliate marketing. You should also have perseverance and commitmment in reaching your goals.



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How to earn in Google Adsense

Do you still doubt that you could earn money online (internet)? Heard of Google Adsense but is so skeptical or just so hopeless with it? That’s what I’m thinking for about 2 yrs and 6 months! Well, not now, just received my first google adsense payout thru Western Union. Finally, I can say that it’s true!

Google Adsense earning Thanks to google for such great advertising and publishing program. This is one passive income that anyone can have! I know, there are many out there who are earning big bucks thru google adsense, they are just so lucky enough to be receiving every month with thousands of cash or even becoming an instant millionaire-passive income.

What is Adsense?

AdSense is an ad serving application run by Google Inc. Website owners can enroll in this program to enable text, image, and more recently, video advertisements on their websites. These advertisements are administered by Google and generate revenue on either a per-click or per-impression basis. Google beta tested a cost-per-action service, but discontinued it in October 2008 in favor of a DoubleClick offering (also owned by Google).

How it Works?

• The webmaster inserts the AdSense JavaScript code into a webpage.
• Each time this page is visited, the JavaScript code uses inlined JSON to display
content fetched from Google’s servers.
• For contextual advertisements, Google’s servers use a cache of the page to
determine a set of high-value keywords. If keywords have been cached already,
advertisements are served for those keywords based on the AdWords bidding system.
(More details are described in the AdSense patent.)
• For site-targeted advertisements, the advertiser chooses the page(s) on which to display advertisements, and pays based on cost per mille (CPM), or the price advertisers choose to pay for every thousand advertisements displayed.[9][10]
• For referrals, Google adds money to the advertiser’s account when visitors either download the referred software or subscribe to the referred service.[11] The referral program was retired in August 2008.[12]
• Search advertisements are added to the list of results after the visitor performs a search.
• Because the JavaScript is sent to the Web browser when the page is requested, it is possible for other website owners to copy the JavaScript code into their own webpages. To protect against this type of fraud, AdSense customers can specify the pages on which advertisements should be shown. AdSense then ignores clicks from pages other than those specified.



What niche to target?

Personally, on my observation, it’s best that your site caters to a certain niche. Example: sites dedicated solely about money, credit, cars, travels and hotels, food, celebrities, religion, gadgets, book reviews, etc. It has something to do with relevant contents that you publish in your site. Some niches mentioned above might generate high-paying ads.

So far, sites with contents related to financials, health, cars and credit cards have high cost per click ads. Of course, it’s important that your site has high traffic or the number of visitors that might stumble or be directed to your site. The many visitors/readers, the greater chance that they will click on our google ads with related topics on what they search online. It’s good to maintain a good content and utilization of certain keywords.

How to utilize keywords?

If you have travel a site, you may explore the use of keywords related to it such as travel, tours, hotels, hostel, trip, vacation, flight, tourist, destination, etc. Many people are searching these terms in google.
You have to observe on what they call Keyword density. This means the many times you use the keyword in your article. It’s computed by dividing the total number of keyword used over the total number of words in the article. It is recommended that you maintain a 3% keyword density. Example, the word: travel. It should appear thrice (3x) in article of 100 words.


It’s suggested that the word may appear in the first sentence of your paragraph, anywhere in your middle paragraph, and in the last sentence of your last paragraph. Basically, just fairly distributing the keyword all throughout the article.

This is just one of the many Search Engine Optimization (SEO) techniques in making use of google adsense. Just simply have your own site on a particular niche. Learn the basic of adsense and it’s techniques. Voila! You have now your own passive income online thru google adsense. Will be discussing more on SEO and adsense tips and secrets to be shared to you. Good luck!


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Why The Rich Get Richer and The Poor Get Poorer

I'm sure that you have heard the old saying that goes, "The rich get richer and the poor get poorer". Well, there's a reason why the saying exists, and that's because it is 100% true. The rich do get richer, and the poor do get poorer. But why is that?

First lets take a look at why the rich get richer. The rich have their money working for them. So, they don't need to work in order to make money. Their investments provide them with capital gains or passive income. The rich focus primarily on "capital gains" and "passive income" instead of "earned income". The rich are constantly creating and building assets with the money they have. They create or build more assets to provide them with more sources of passive income. The rich don't need to worry about layoffs or taking days off because they don't work for their money. Remember, passive income is the key to becoming wealthy.

The poor on the other hand focus too much on "earned income". The main source of income for the poor is "earned income", and it usually remains the same amount for a long period of time. In the meantime, the expenses of the poor generally increase over time. A new child comes along, medical bills need to be paid, gasoline prices keep going up, taxes go up, etc. And while all this is happening, the amount of money from a poor persons earned income remains that same. That's why the poor get poorer. The make barely enough in earned income to cover their expenses. The rich on the other hand make well more than enough in passive income to cover their expenses.

If you focus too much on "earned income", you can start making the transition to financial freedom by learning to invest for capital gains and passive income. The poor just keep getting poorer because most of them are afraid to make the leap from earned income to passive income. They are addicted to their earned income, and jump for joy whenever a raise or promotion comes about. Don't become addicted to earned income.


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