The book of inspiration

March 16, 2011

Money grows in a field. Its made of cotton.

Filed under: life — Tags: , — zproxy @ 9:30 am

“A job is a short term solution to a long-term problem.” – Robert Kiyosaki

The #1 difference between rich people and the middle class, is that while the middle class works for money, the rich make money work for them.

There are three types of income:

  1. Earned income – Your Salary (50% taxes)
  2. Portfolio income – Dividends from your assets (20% taxes)
  3. Passive income – Commisions and revenue (0% taxes)

Listen to: Types of Passive Income Generated Online Part 2  by Pat (Part 1) (Part 3)

[...] Often times while pipeline builders is building their pipeline they are getting laughed at because they aren’t making any money.

[...]  if you are going to work hard, why not work hard to earn “Passive Income“.

See also:

November 19, 2009

Cost of happiness

Filed under: life — Tags: — zproxy @ 12:35 pm

An Australian economist has put a prize tag on your life events.

Marriage
woman - £8, 726.25 man – £17, 675.68

Birth of child
woman – £ 4, 866.77 man – £18, 236.39

Divorce
woman - £4, 977.08 (loss) man – £61, 116.46 (loss)

Death of a loved one
woman£73, 204.86 (loss) man - £350, 830.36 (loss)

Illness
woman – £28, 124.61(loss) man – £201, 264.68 (loss)

Moving house
woman – £1, 453.80 (gain) man – £8, 947.11 (loss)

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