Why Passive Income?? Money Declarations & Decisions

Money Declarations & Decisions
Risk comes from NOT knowing what you're doing.

I WILL take calculated and prayerfully safe risks =)

I will be fully retired by age 50!!

1. Why do I want to earn passive income?

• I want to be free. 
• I don't want to wait for the perfect time to buy a home.
• I want to be able to provide for my daughter's education, needs, scholastic duties
• I will make life decisions without the need to wait up or to save up or pay unnecessary dues.
• I want a home with pets that are fully insured and provided for.

2. How much passive income will it take for me to be financially free? (all bills covered)

• rent/mortagage $1500/month
• insurance/6 months $2000 approx. $333/month
• car payment $300/month
• gas money $75/month
• utilities $75/month
• phone $75/month
• clothes and shoes money $75/month
• savings $200/month
• KUMON $200/month
• family health insurance $300/month
• debt payments $400/month
• Grand Total Approximately $3600

3. What would you do with you time if you did not have to work?

• pursue all of my academic endeavors... my PhD in Mechanical Engineering
• travel with my family throughout the united states for 2 weeks at a time
• develop education endowment for my family
• take dance and guitar classes
• spend quality time with my daughter
• meditate, pray, achieve true nirvana
• setup/contribute to arts inspired aftercare programs 
• i would NEVER RETIRE!! (i'm already living my dream)

4. How much money would you love to save passively?

• I would love to save a minimum of $7000/week = $28000/month = $364000/year

Multiple Streams of Income... 2019 Edition

I am pursuing multiple streams of income!!

1. teespring.com t-shirt designs
2. rental properties - get a duplex and airBNB
3. set up drop shipping store
4. investment portfolio that receives dividends
5. document my weight loss journey and sell eBook

Reflections - July 1, 2019

       so... it has been a while... but I'm ready to talk. I am so terrified and scared to lose money and waste more of my time that I have been paralyzed to act. I don't have what I want and I am clueless on how to get it... or am I? A few days ago I went to a webinar at 5AM in my home... I really showed up and did the "get out of bed" work. I am now a card carrying member of the #TeamFEA found at: www.femaleentrepreneurassociation.com.

       I have been talking big game in my head and I am NOT about to stop now. How I see myself, and my daughter MUST change. There are goals and strategies I must pass on to the best of my ability. I realize NOW... that the lack of structure has left me and my daughter in need of...STRUCTURE. i am figuring a way for us to meet our personal and collective goals.

       Lord, have mercy as you lead guide and direct me into ALL truth. Show me the way i should take.

Consulting Engineer... mucho más oportunidades

i do not want to be limited in what i do... yes i need a focus... but there i nothing i cannot do... i CAN'T limit myself... and i WON'T... here a a few opportunities to consider

1. rent a room or two in my house to finance my house... why not??
• https://www.airbnb.com
• someone is actually renting a tent in their backyard for $10/night... awesome
2. rent out my office space... my building space... and finance my dreams
3. website design and maintainence
4. to be continued

The BEST part time job EVER!!!

I just checked out tutor.com..... And... I think it will be exactly what I'm looking for in terms of a lucrative and "fun" part time job...

I think I'm going to goto rent a center and rent a desktop computer... Buy the headset and microsoft of amazon.com

The website said that as soon as youuu pass the tests and are qualified in more than one subject area you can make $800 to $1600 a month!!!

That would be beyond awesome... AND I know I can do this!

Just QUIT already!!!

• You can’t make money without selling something real. 
• You can’t make something real without first imagination manifesting itself in your head. 
• You can’t have imagination without surrendering yourself to an idea that you want to create something of value to other human beings.

And now it’s too late... or is it?

• I’m going to tell you why you have to quit your job. 
• Why you need to get the ideas moving. 
• Why you need to build a foundation for your life or soon you will have no roof.

1) The middle class is dead. 

He said, “look out the windows”. We looked out at all the office buildings around us. “What do you see?” he said. “I don’t know.” “They’re empty! All the cubicles are empty. The middle class is being hollowed out.” And I took a closer look. Entire floors were dark. Or there were floors with one or two cubicles but the rest empty. “It’s all outsourced or technology has taken over for the paper shufflers,” he said.  “Not all the news is bad,” he said. “More people entered the upper class than ever last year.” But, he said, more people are temp staffers than ever.And that’s the new paradigm. The middle class has died. The American Dream never really existed. It was a marketing scam.

And it was. The biggest provider of mortgages for the past 50 years, Fannie Mae, had as their slogan, “We make the American Dream come true.” It was just a marketing slogan all along.

2) You’ve been replaced.

Technology, outsourcing, a growing temp staffing industry, productivity efficiencies, have all replaced the middle class. The working class.  The country has been out of a recession since 2009. AT LEAST  Four years now. But the jobs have not come back. I asked many of these CEOS: did you just use that as an excuse to fire people, and they would wink and say, “let’s just leave it at that.”

I’m on the board of directors of a temp staffing company with $600 million in revenues. I can see it happening across every sector of the economy. Everyone is getting fired. Everyone is toilet paper now. Flush.

3) Corporations don’t like you.

“What’s the problem?” I said. “Don’t you want writers that are popular and well-respected?”  He said, “no, we want to be about the news. We don’t want anyone to be an individual star.”

4) Money is not happiness.

 A common question during my Twitter Q&A, asked at least once a week, is “should I take the job I like or should I take the job that pays more money”. I have never once seen anyone save the increase in their salary. In other words, don’t stay at the job for safe salary increases over time. That will never get you where you want – freedom from financial worry. Only free time, imagination, creativity, and an ability to disappear will help you deliver value that nobody ever delivered before in the history of mankind.

5) Count right now how many people can make a major decision that can ruin your life.

I don’t like it when one person can make or break me. A boss. A publisher. A TV producer. A buyer of my company. At any one point I’ve had to kiss ass to all of the above. I hate it. I will never do it again.

• The way to avoid this is to diversify the things you are working on so no one person or customer or boss or client can make a decision that could make you rich or destroy you or fulfill your life’s dreams or crush them. I understand it can’t happen in a day. 
• Start planning now how to create your own destiny instead of allowing people who don’t like you to control your destiny. 
• When you do this count, make sure the number comes to over 20. Then when you spin the wheel the odds are on your side that a winning number comes up.

6) Is your job satisfying your needs?

I will define “needs” the way I always do, via the four legs of what I call “the daily practice.” Are your physical needs, your emotional needs, your mental needs, and your spiritual needs being satisfied?

• The only time I’ve had a job that did was when I had to do little work so that I had time on the side to either write, or start a business, or have fun, or spend time with friends. The times when I haven’t is when I was working too hard, dealing with people I didn’t like, getting my creativity crushed over and over, and so on. 
• When you are in those situations you need to plot out your exit strategy.
• Your life is a house. Abundance is the roof. But the foundation and the plumbing need to be in there first or the roof will fall down, the house will be unlivable. 
• You create the foundation by following the Daily Practice. I say this not because I am selling anything but because it worked for me every time my roof caved in. .

7) Your Retirement Plan is For Shit.

•  I don’t care how much you set aside for your 401k. It’s over. The whole myth of savings is gone. Inflation will carve out the bulk of your 401k. The only retirement plan is to Choose Yourself. To start a business or a platform or a lifestyle where you can put big chunks of money away. 

Some people can say, “well, I’m just not an entrepreneur .”

This is not true. Everyone is an entrepreneur. The only skills you need to be an entrepreneur: an ability to fail, an ability to have ideas, to sell those ideas, to execute on those ideas, and to be persistent so even as you fail you learn and move onto the next adventure. Or be an entrepreneur at work. An “entre-ployee”. Take control of who you report to, what you do, what you create. 

Or start a business on the side. Deliver some value, any value, to any body, to somebody, and watch that value compound into a career.

What is your other choice? To stay at a job where the boss is trying to keep you down, will eventually replace you, will pay you only enough for you to survive, will rotate between compliments and insults so you stay like a fish caught on the bait as he reels you in. Is that your best other choice? You and I have the same 24 hours each day. Is that how you will spend yours?

8) Excuses. “I’m too old”. “I’m not creative.” “I need the insurance.” “I have to raise my kids”. I was at a party once. A stunningly beautiful woman came up to me and said, “James, how are you!?”

WHAT? Who are you?

I said, “hey! I’m doing well.” But I had no idea who I was talking to. Why would this woman be talking to me? I was too ugly. It took me a few minutes of fake conversation to figure out who she was.

It turns out she was the frumpish-looking woman who had been fired six months earlier from the job we were at. She had cried as she packed up her cubicle when she was fired. She was out of shape, she looked about 30 years older than she was, and now her life was going to go from bad to worse. Until…she realized that she was out of the zoo. In the George Lucas movie, THX-1138 (the name of the main character was “THX-1138″) everyone’s choices are removed and they all live underground because above ground is “radioactive”. Finally THX decides better to die above ground than suffer forever underground where he wasn’t allowed to love. 

He wasn’t free.

He makes his way above ground, evading all the guards and police. And when he gets there, it’s sunny, everyone above ground is beautiful, and they are waiting for him with open arms and kisses. The excuse “but it’s radioactive out there!” was just there to keep him down.

“This is easy for you to say,” people say to me. “Some of us HAVE to do this!” The now-beautiful woman had to do it also. “What are you doing now?” I asked her. “Oh, you know,” she said. “Consulting.” But some people say, “I can’t just go out there and consult. What does that even mean?”

And to that I answer, “Ok, I agree with you.” Who am I to argue? If 
someone insists they need to be in prison even though the door is unlocked then I am not going to argue. They are free to stay in prison.

9) Its ok to take baby steps. “I can’t just QUIT!” people say. “I have bills 
to pay”. I get it. Nobody is saying quit today. Before a human being runs a marathon they learn to crawl, then take baby steps, then walk, then run. Then exercise every day and stay healthy. Then run a marathon. Heck, what am I even talking about? I can’t run more than two miles without collapsing in agony. I am a wimp.

Make the list right now. Every dream. I want to be a bestselling author. I want to reduce my material needs. I want to have freedom from many of the worries that I have succumbed to all my life. I want to be healthy. I want to help all of the people around me or the people who come into my life. I want everything I do to be a source of help to people. I want to only be around people I love, people who love me. I want to have time for myself.

THESE ARE NOT GOALS. These are themes. Every day, what do I need to do to practice those themes? It starts the moment I wake up: “who can I help today?” I ask the darkness when I open my eyes. “Who would you have me help today?” I’m a secret agent and I’m waiting for my mission. Ready to receive. This is how you take baby steps. This is how eventually you run towards freedom.

10) Abundance will never come from your job. Only stepping out of 
the prison imposed on you from your factory will allow you to achieve abundance. You can’t see it now. It’s hard to see the gardens when you are locked in jail. Abundance only comes when you are moving along your themes. When you are truly enhancing the lives of the people around you.

When every day you wake up with that motive of enhancement. Enhance your family, your friends, your colleagues, your clients, potential customers, readers, people who you don’t even know yet but you would like to know. Become a beacon of enhancement and then when the night is gray, all of the boats will move towards you, bringing their bountiful riches.

Don’t believe me. Stay with a boss that hates you. A job that is keeping you locked on a chain around your neck, tantalizing you with incremental increases in pay and job title. Stay in a culture that is quietly replacing the entire middle class. This is not anyone’s fault. This is the tectonic plates of economics destroying an entire suburban culture that has lasted for almost 100 years.

Until you choose yourself for success, and all that choice entails, you will be locked into the prison. You will stare into your lover’s eyes looking for a sign that he or she loves you back. But slowly the lights will fade, the warmth of another body will grow cold, and you will go to sleep dreamless in the dark once again.

  

Link to the original article!!

Personality type results

 

EI: 11 out of 17
Extrovert |-------------------------------------------------| Introvert
                                         |
                                        64%
SN: 14 out of 17
Sensation |-------------------------------------------------| iNtuition
                                                  |
                                                 82%
TF: 14 out of 17
Thinking  |-------------------------------------------------| Feeling
                                                  |
                                                 82%
JP: 9 out of 17
Judging   |-------------------------------------------------| Perceiving
                                   |
                                  52%

Your Personality type is INFP

INFP - Questor

INFPs are idealistic, self-sacrificing, and somewhat cool or reserved. They are very family and home oriented, and have a high capacity for caring. High sense of honor derived from internal values. 1% of the total population. INFP's feel internal turmoil when they find themselves in situations in which there is conflict between their inner code of ethics and their relationships with others. They feel caught between pleasing others and maintaining their own integrity. Their natural tendency to identify with others, compounded with their self-sacrificial dispositions, tends to leave them confused as to who they really are. Their quiet personalities further feeds their feelings of depersonalization. The INFP's quest for self-identity then seems even more alluring — but increasingly impossible to attain. As with all NFs, the INFP will feel lost and perplexed at stressful times. As stress builds, INFP's become disconnected from their own personality and perceived place in life. They will lose sight of who they are in relation to time and place. They may not make basic observations, while instead they will focus on the more abstract and symbolic meanings of a particular interaction. This can sometimes baffle those who expect more direct communication and a fairly concrete relationship. Careers This lists represent careers and jobs people of your type tend to enjoy doing. The job requirements are similar to the personality tendencies of your personality type. It is important to remember that this is not a list of all the jobs possible. And it is very important to remember that people can, and frequently do, fill jobs that are dissimilar to their personality... this happens all the time...and sometimes works out quite well. information-graphics...designer college professor researcher legal mediator social worker holistic health...practitioner occupational therapist diversity manager human resource...development specialist employment development...specialist minister/priest/rabbi missionary psychologist writer/poet/novelist journalist editor/art director organizational development...specialist

Color Career Counselor... Results

Welcome to the . The USA’s most popular career assessment. Experience what America’s Top CEO’s are saying about the Color Career Counselor and Color Career Indicator 4.1

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Best Occupational Category...You're a CREATOR

Keywords: Nonconforming, Impulsive, Expressive, Romantic, Intuitive, Sensitive, and Emotional

These original types place a high value on self-expression. They enjoy working independently, being creative, using their imagination, and constantly learning something new. Areas of interest are far beyond the expected fields of art, drama, music, and writing. There are many occupations that allow creators to express, assemble, or implement ideas and maximize resources. CREATOR OCCUPATIONS
Typical “Creators” function best in occupations where they have the autonomy to be original. It’s essential. In fact, your best career is mostly about your workplace environment. For Example, Educational careers, Corporate Trainer, Author, Editor, have constant demands for new perspectives or better methods. Without flexibility, however these careers are a not a good fit. Careers that typically have these qualities, but not always, are Advertising Executive, Architect, Web Designer, Creative Director, Public Relations, Fine or Commercial Artist, Interior Decorator, Lawyer, Librarian, Musician, Reporter, Art Teacher, Broadcaster, Technical Writer, English Teacher, Architect, Photographer, Medical Illustrator, , Landscape Architect, Exhibit Builder, and Package Designer.

CREATOR WORKPLACES
Unstructured, flexible organizations that allow self-expression work best with this free-spirited type. Ironically, professions that appear to be “Creative” can inhibit self-expression. Those that seem overly structured like Tax Assessor can actually offer the latitude to make a difference. Most enjoyable workplaces allow for self-expression with the capability to improve the status quo.
Don’t be befuddled by the word “Creative.” Creator workplaces are much broader that the “Typical Creative Careers” like interior decorating firms; artistic studios, theaters and concert halls; institutions that teach crafts, universities, music, and dance schools. In order to see your best recommendation, check out the Color Career Indictor 4.0 for actual occupational listing.

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2nd Best Occupational Category... You're a RESEARCHER

Keywords: Independent, Self-Motivated, Reserved, Introspective, Analytical, and Curious

These investigative types gather information, analyze and interpret data, and inquire to uncover new facts. They have a strong scientific orientation, enjoy academic or research environments and prefer self-reliant jobs. Dislikes are group projects, selling, and repetitive activities.

Here is my retirement financial planners' info

Retire already!! My long term goal is to retire early!! My long term goal is to save 20% of all of my income.

Right now... I'll start with 5%... But in six months I will re-evaluate and hopefully upgrade to 8%... I'm taking and making my financial stand in 3% increments