The Importance Of Planning For Self- Development (Part 2).
How Do I Acquire My Asset So As To Begin To Earn Passive Income
- To earn a living without struggling, at first, you will have to work for few period of time to acquire the asset. During that time you will deny yourself luxury goods so as to gather hundreds of dollars to investment that will compel money to work for you.
- The second way to obtain/ acquire the first hundreds of dollar that will generate passive income is to save that income gotten from the work done. It is very important to note that the best way to save this kind of money is by putting it in some good savings bank a certain sum of money each week, no matter how small that sum may be. Take for instance, if you are able to keep $20 per week, by the end of six(6) months, you would have save the first hundreds of dollars which will be sufficient enough to buy some income generating assets which will continue to generate income for you for the rest of your life.
In conclusion, if you can follow this steps, you will be able to acquire your income generating asset/ property. The capital invested in assets/ property will work for you and in few years, you will become wealthy.
I hope you've gain one thing or the other, if yes, please upvote. Watchout for part 3. Remain blessed.