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Tuesday, June 10, 2008

Six Figure Income - Happiness Comes with Financial Freedom

Six Figures, or seven, how much does it take to be happy? That's the question, but what is the answer?

More than 50% of young people today expect to make their first million in their 20's. That's a big difference from thirty years ago when barely one in ten young people expected to make a million dollars in their lifetime. Money wasn't the issue then. Now, it's the issue. In order to live well, you must have cash in hand. Financial Freedom is a requirement in today's world.

Generosity breeds wealth.

One of the earliest lessons wealthy people learn is that they must be willing to give to others. Not only to their church and their cherished causes, but they must willingly give to other people. Their generosity creates their ability to open up their arms. By opening up their arms to give, they open their lives to receive. This focus on giving opens up a reservoir of gifts that can be received.

Save and invest.

Millionaires view money as something to save rather than something to spend. They believe that in order to have money, they must save money, invest it wisely and reap the rewards of having more to save and invest. The overall purpose of money is not to spend, it is a source of wealth, which is the ultimate source of income. A wage is simply that, until you invest it. Once invested, money becomes wealth.

Set goals and achieve.

Winners set goals and focus on achievement. They put down on paper what they want to achieve and set out to accomplish their goals. They draw out a map and specific directions for attaining their goals, then they follow the directions set forth. Their purpose is clearly directed with values, specific guidelines, and solutions to any problems that may arise.

Take strategic risks.

Rebellion and risk taking effectively build character and develop the abilities required to solve problems. When you look at the vast majority of multi-millionaires in the world, many have been in trouble with school authorities, or even the police while building their foundation of success. Those experiences teach perseverance and diligence, which results in solid focus on their goal.

So, how much does it take to be happy?

Bill Clarke says money isn't everything, but it will help you attain your goals. Visit http://billclarkedbaplus.com for more tips to help you become wealthy, and ...er happy.

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Financial Freedom for Young Families - Is It Possible?

We are the children of the baby-boomers. Many of us grew up in a home with adults
who worked hard for many years at the same job. We lived in the same
house. We lived an "easy" life. We, the GenX-ers, have now moved into
the position of the leaders and adults of our communities. Many have been to
college and earned a degree that, currently, is not being used. Many have
young families and don't feel "called" to invest as much time and effort as our
parents did in a J-O-B. The economy has placed loads of stress upon a generation
that wants to live just as they did when they grew up. But many are sinking. Many are
losing hope in the American Dream. (What is that, anyway?)

A big decision for young families today is, "Will mom work outside the home and
the children go to daycare? or Will we sacrifice the income and keep mom at
home with the kids?" There isn't a right or wrong answer to these questions,
but both options bring tremendous stress upon the family. Either it is work related
or financial. Neither is a peaceful place to be. What can be done?

As a "retired" teacher, I am grateful for my college education, but I choose not
to be in the classroom. Instead, I am home with our three children and over the
years I have been creative about ways to earn money for the family. Still we felt
great stress when my teaching salary wasn't coming in. This created a vacuum, or a desire,
for a passive income. (Even though we have never heard that foreign vocabulary before!)
Many are searching and this generation is given the solution. The Internet allows us to
be outside the home, even when we are AT home. Network Marketing is the Gold Rush of the
21st Century and we no longer need to feel stressed by the choice of a J-O-B and staying
at home with our kids. Today, this is a reality--CARPE DIEM!

Stefanie Kamstra is a mother, teacher and entrepeneur, owning her own business for 4 years. If you're interested in how she uses Network Marketing to enjoy life TODAY visit her website:

http://www.peacecashflow.com

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