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- Passive income Cash flow guide Vs. Compound Interest - Calculator
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Creating passive income, and a steady cash flow that doesn’t depend on you working can take you to financial freedom and early retirement if you choose to.
It can be done, and that course was created by people that generated passive income and got financial freedom.
We will teach you how to do it in this step-by-step guide.
The big idea is working / building / investing in an asset once and earning money for a lifetime.
Many of the ways of creating passive income are by earning money online, however, we will show you how it can be done also offline or by creating cash flow by investing in stocks and real estate.
Financial independence is the state of having sufficient personal wealth to live, without having to work actively for basic necessities.
Since there are two sides to the income and expenses equation, there are two main directions you can focus your energy in order to get to financial independence:
accumulating money-making assets or reducing their expenses: Expense reduction and Income accumulation.
In our earn passive income cash flow course we will divide the different passive sources of income into 3 main categories:
# Money that makes more money - Passive income investing (Generate Passive income using dividend, REIT and interest), Rental income and incoming cash flow from property or any piece of real estate, real estate investing strategies here, Dividend and interest income in the form of cash flow or capital gains from owning securities and commodities, such as stocks, currencies, gold, silver, ETFs, and bonds, is usually referred to as portfolio income,
# The entrepreneurial way: create your own destiny – Work once and get paid for good, generating passive cash flow by building your own money earning system.
There are several hustle ventures or small business ideas that can help you get there, we will focus on:
- Earn money by building an online blog
- Make YouTube videos
- Put your photography to work on the web and earn lifetime cash flow
- Create cash flow by selling products of other people – affiliate marketing
- Write an ebook
- Build an online business
- and more
# 3. Allowances - Not our focus in that course, but still may be an important part of your passive income:
- Alimony, Child Support, or Child Trust Fund
- Life Annuity
- Pensions
Download now and create your own financial freedom!
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Do you want to invest and get rich? If yes then Compound would help you to plan and predict investment growth.
Compound is the new compound interest calculator app from MyWallSt which uses a predictive formula to compute the future value of your money.
Compound interest is an investor’s best friend. In fact, it’s the easiest way to become wealthy.
No matter your investing goals or level of experience, Compound is an essential app for any investor.
The simple, intuitive interface allows you to easily adjust for initial investment, monthly contributions, growth rate and time period to calculate the long-term returns on your savings and investments and begin your countdown to retirement.
Whether you’re dreaming of buying that perfect house, retiring early or becoming financially independent, Compound shows you exactly how much you need to invest, and for how long, to achieve your goal. All you have to do is start investing as it's never too late to start earning some real money!
Compound is suitable for individuals, financial planners, accountants, brokers, students, and research analysts.
Having been a good tool for personal finance, Compound is free to use - download it today and discover the power of compound interest.
- Apple App Store
- Free
- Finance
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Passive income Cash flow guide VS.
Compound Interest - Calculator
December 25, 2024