Month: May 2018

Passive Income Ideas

Passive income is the ability to build an online business that utilizes automated processes around the clock to allow you to capture income while you sleep. Passive income is a necessary factor in securing your financial empowerment.

Passive income can take on many forms and one of the easiest is to develop a savings program and learn how to invest your saved income. The best time to start that is as soon as you start working. It is best if a person could put 10 to 15 % a month of your net income away into a retirement fund. If actually is difficult for you to save be sure to utilize your company retirement fund. You will find you don’t miss the extra spending money and when invested properly it will grow into a nice sum in a few years. Personal debt reduction is necessary if you are looking for money to invest. Follow this link to my post on Personal Debt Reduction.

The Financial Adviser

There are two roads to take when considering a financial adviser. The first is to hire someone to look after your retirement fund. This will cost you in management fees, but if you don’t want to spend the time managing your own account this is an option. Choose your adviser wisely and ask lots of questions such as what training do you have, how much do you charge, who will be working with me, who regulates you, do I get monthly reports, how do I withdraw funds? Do not be afraid to shop around.

The second step is to learn to be your own financial adviser. This takes study and good decision-making. There are lots of online resources available to begin your education in retirement planning. Most banks have online investing and brokerages to get you going on your wealth building journey along with options with what ever investing chicle you chose such as stocks, mutual funds or commodities. Some people have had good success with this approach. It is an option that is not for every one.

Find Something To Sell

Finding something to sell as passive income requires a product to move and a medium to move it. Finding something to sell can start with your passions or skills. Do you have a thought that the world needs to know about or some specific training that the word needs?

Passive income comes from the idea that you can set up shop from home and work in your spare time until the moment comes when you can quit your job and live off your passive income. The internet has 4 billion daily users and utilizing websites and internet marketing it is possible to create income that a person would find hard when working as an employee.

I really believe that the sooner a person get thinking about passive income the better positioned you will be when some unforeseen event causes you to leave your job. Imagine if you started in high school discovering and finding your niche market. It would be possible to go to university and not have to worry about student loans.

Perhaps you are employed in a job you don,t enjoy. Finding your niche market and getting your passive income started would relieve you from the paycheck to paycheck rut. Don’t find yourself learning to live with a job you dislike just for the salary.

Internet Marketing

Internet affiliate marketing and building a home business is a task that takes time to establish. There is no Easy Button and there is not a money slot in the side of your computer where cash flows out. The best part of a home business is that you do not need a building, inventory or staff.

To start Internet Marketing and begin creating your passive income a person needs training and an education where you can focus on building a business rather than pulling a bunch of resources together and trying to piece it all together.

This is where Wealthy Affiliate comes to you with a one stop shop where you can build websites and get trained on how to build a web base business for less than a dollar a day.

Wealthy Affiliate helped over 217,000 student get started with their online business last year. Wealthy Affiliate is more than a training platform, it is a community of over 800,000 students from 195 countries that you can network with any hour of the day or night.

Wealthy Affiliate

The four step process of building a passive income is straight forward demonstrated by the graphic shown below.

When a person signs up for the Wealthy Affiliate training program you begin by

 

Picking An Interest

This is the process where you decide what you can give to the world. What interests you? A review of your passions or talents and you will have something to sell. If you just want to sell something there are affiliate programs to join. If you want to pick something special just try Googling any product or service + affiliate and you will find something to sell. Wealthy Affiliate will guide you through the process.

Build A Website

This is easily done in the SiteRubix platform. Think of your website as your storefront. The training guides you to a build world-class websites. You also get view hundreds of student websites and ask questions with students from all over the world in the live chat feature. There are 3000 plus themes to choose from. Some of these are free and there are themes for purchase.

Attract Visitors

After your website is populated and set up as you like the next step is to attract visitors (customers) to your site. You will be instructed in Search Engine Optimization (SEO). This involves picking the proper keywords so that search engines can direct visitors to your site. The Jaaxy SEO tool is included in your Wealthy Affiliate membership. From there your job is write interesting and informative content. This will build your reputation in your chosen nice and become a subject matter expert.

Earn Revenue

Once you have traffic coming to your site you can earn revenue from your site from joining affiliate programs such as Amazon. There are over 100,000 affiliate programs to join giving you unlimited choices in finding ways to monetize your websites.

Wealthy Affiliate will teach you the techniques necessary to build your website and start producing passive income.

There is no end to the passive income ideas. It is important to get your finances in order and reduce your debt load. From there build your own business. The best time is to start NOW and Wealthy Affiliate is the best choice for you to build your own business. For less than a dollar a day you will be a member of a world-class training platform with all the benefits. There are no Upsells. The training is presented to you with no hidden or extra things to buy. There are some incidental purchases, but they are not necessary.

Click on the banner below to try the Seven-Day Free Trial.

 

That’s my story for today. Work hard for a few years so that you can spend most of your life living on your own terms. Stop being an employee and think like a boss. Follow this link to my ” The Key To Your Financial Freedom” page  If you have any questions or comments please leave them below.

Trevor

In compliance with the FTC guidelines, please assume the following about links and posts on this site: Any/all of the links wealthycitizen.com are affiliate links of which I receive a small compensation from sales of certain items. Please click this link for the full Affiliate Disclosure

 

 

 

 

 

 

 

 

 

 

Building a home business can be an exciting adventure. In my last post we talked about the tools required to work with Wealthy Affiliate to build your own on line Affiliate Marketing business. I have stated many times that building a home business is necessary to get out of the paycheck to paycheck rut.

Many home based businesses are expensive to get into and require time and dedication to succeed. In my past I tried commodity trading. I loved the concept of this business, however between a flying job and the fast paced action of the markets I could not keep up and decided to focus on flying exclusively.

In the 1990,s a $5000.00 margin account had a life span of 90 days before the newbie trader was broke. That did not include a computer and the training. For the right person this is a fabulous occupation. All the training courses at the time would promote the unlimited earning potential of that trading from home business. It is not for everybody.

The Cost Of Wealthy Affiliate

In comparison the cost of Wealthy Affiliate is virtually nothing when a person signs up for the Premium membership. The cost of less than a dollar a day or $359.00/year for an all-inclusive world-class training platform can not be beat. We all have spent money on things of no return and that’s OK. It just puts the cost of Wealthy Affiliate in perspective. The earning potential of Affiliate marketing is limited only by your own ambition and like building any business there is a time and input requirement. There is no EASY button, however you can achieve the earning potential of any business with a building, inventory and staff all from the comfort of your own home.

Being Tech Savvy

To be an effective Affiliate Marketer it is not necessary to be IT or a computer technician. The training is very complete and the Site Website manager, builder is user-friendly and the Site Content is designed to help you produce the necessary content for your website.

Building A Website

Building a website within Wealthy Affiliate is quick and easy. There are 3000 themes to choose from to support any niche market you can think of. There are free themes and there are themes for purchase. The website manager /Wordpress allows you format your theme with all the options necessary to produce a professional looking website.

The Website builder allows you to use the free domains available from Wealthy Affiliate or you have the ability to purchase and host up to 50 domains. It is even possible to transfer your current domain to the Wealthy Affiliate platform.

At Wealthy Affiliate websites are monitored 24/7 and are backed up daily so that you can spend more time working on your business.

Follow this link to my Key To Financial freedom page for more information.

Writing Content

The Site Content has a sophisticated template and writing feature has a spell check, grammar check as well as a search for original content. There are thousands of free images to chose from to enhance you content writing.

Once you have your niche picked and your website theme populated and organized it will be time to write content for your proposed market. When you niche is your passion it is easy to write content. If you can write a letter or produce a report for your current job you can write content.

Marketing

With in the training you be introduced to various of marketing including Search Engine Optimization (SEO), Social Media Marketing, and enrolling in various affiliate programs.

 

Site Support

Wealthy Affiliate provides 24/7 site security and support as well as daily backups. The Site Support staff will quickly fix any technical issue you might encounter.

Within Wealthy affiliate you are not studying alone. The courses are well laid out and there is an extensive training library on significant topics. You have the ability to live chat with students from all over the globe with members from 195 countries along with one on one counseling with the founders. Some course members are very experienced and have produced quality training.

I recommend following this link to read The Key To Your Financial Freedom.

In Closing

The road to Financial Empowerment is within every ones grasp. Financial freedom requires that a student who enrolls in Wealth Affiliate commit themselves to the task of becoming wealthy. Regardless of where you are in your life, youth or senior, employed or stay at home if you have the desire WealthyAffiliate has the tools for you to succeed.

There is no better value for dollar than enrolling in Wealthy Affiliate. The Seven-Day Free Trial will give you a look into your future. The first month of Premium can be purchased for $19.00 so that you can experience Premium privileges.

What I want to see is that everyone who enrolls into the Wealthy Affiliate program succeed so that you can live life on your own terms. Be your own boss and having an income that allows you to achieve your dreams and desires.

If you have read everything to this point why not give it a try.

Click on the banner below to get started. No credit card required.

 

That’s my story for today. If you have any questions or would like to leave a comment please do so below.
Trevor

In compliance with the FTC guidelines, please assume the following about links and posts on this site: Any/all of the links wealthycitizen.com are Affiliate links of which I receive a small compensation from sales of certain items. Please click this link for the full Affiliate Disclosure