Residual Income = Time Freedom – FPUK.co

time freedom3

Hi Friends,

I’m getting a little bit excited now, as many of you know I’m getting married this Saturday and my Event Planner iPhone app is telling me its only 2 days 6 hours and 2 minutes away – Wow !!

I’m off very soon to go and collect some very good friends from the airport that are coming to stay and attend our wedding, and thats really part of what I want to talk to you all today about.

Taking Time Off, when I need is one of the many benefits of working for my self, and I’ve done this for 9 years now. Every time one of my children has had a school assembly or a school lunch for fathers I’ve been able to attend, I’ve been able to take my children to school and pick them up if I’ve wanted and been their for the important events. I haven’t had to ask the boss for time off, ok all I’ve had to do is rearrange my diary with my clients but as long as my appointments have been met thats been ok, but thats the thing in my diary my children’s events are listed in my list of appointments as important as a business client. This is where getting your life plan balance correct and I’ve talked about that in other posts.

But now, taking time off when i wanted just meant taking time off, I’m the boss right so i can say i’m going to the airport this morning and no-one can complain or get jealous for me being missing again. But in the past, if I took too much time off my income dipped a little, but time and money are the 2 things we always need more of and always run out very quickly. But now since adding an extra income stream, I have money coming in whether I work or take time off.

Residual Income is a term very misunderstood, but its a term that is becoming more popular as we understand and compare earning types. Many people get paid linear income, they get paid the same each week or month for the work they have done, whether they have worked extra hard or just done their job, they get paid the same. They have been paid for the number of hours they’ve done i.e a 40 hour week with half hour for lunch resulting in a 37.5 hour week. Others get paid for productivity, producing items for sale and often the hours put in doesn’t justify the retail price of the product covering the time spent, as in artists and crafts people. In both these examples as soon as they stop working and don’t do anything their income stops. With residual income, work is done for very little effort which then earns income continuously without any manual input to keep it coming in, and this is what my newest income steam is – Residual Income. Now this truly allows me to take time off as and when I want without having to book my holidays with the boss and getting it on the calendar early so as not to miss out.

Are these important to you:

  • Time Freedom
  • Residual Income
  • Top up your pension
  • Financial Peace
  • Working where and when you want
  • Spending time with family or children

If the answer to any of these is Yes then take a look at earning Residual Income, which can be ran alongside your part/full time job or self employed role until the level is correct for you and then you can Jump Ship to your new lifestyle. I know i’d rather work hard for the next 5 years to then receive my current yearly salary paid to me each month without much input, and I’ve got many friends doing just that for just a few hours a week.

I encourage you today to get these principles working in your favour. Don’t leave your success to chance — follow the laws and create your dream life!

Please take a minute to pass this message along to your friends, family and colleagues today. You never know who desperately needs this guidance and direction for their lives, so share this on your social media sites, print it out and pass it around or simply forward this email. Please retweet this.

This is your life – make it count.

Stay Blessed

Andrew 🙂

FPUK.co     FinancialPeaceUK.com

Follow me at: @FinPeaceUK     @AndrewChenery      @BHPGardenDesign

, , , , , , , , , , , , , , , , ,

  1. Leave a comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: