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“.

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6 Comments

  1. […] Money grows in a field. Its made of cotton. […]

    Pingback by Rules of Money « The book of inspiration — March 11, 2012 @ 10:46 pm

  2. […] Money Grows In A Field. Its Made Of Cotton. […]

    Pingback by Value Cycle – Teach people how to do stuff « The book of inspiration — March 17, 2012 @ 7:08 pm

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    Pingback by Business Building Plan « The book of inspiration — June 18, 2012 @ 8:13 pm

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    Pingback by Passive Capital « The book of inspiration — August 12, 2012 @ 11:06 am

  5. […] Money Grows In A Field. Its Made Of Cotton […]

    Pingback by Napoleon Hill – Think And Grow Rich « The book of inspiration — October 10, 2012 @ 1:34 pm

  6. […] Money Grows In a Field. It Is Made Of Cotton. […]

    Pingback by Money as Debt | The book of inspiration — April 23, 2013 @ 10:42 am


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