| Millionaire maker, Robert G. Allen, states in | | | | tiny shoot of money tree. And that is just |
| his book "Multiple Streams of Income" that an | | | | one of the examples. is well known for their |
| individual ought to build up multiple streams | | | | affiliation program. Nowadays, there are many |
| of income to secure his/her future. As a 21 | | | | affiliation programs out there and these |
| years old student, I was surprised that none | | | | programs are not too expensive to start.What |
| of the "adults" that have taught me in | | | | I am trying to say is, if you are really |
| school, my teachers, has ever taught me that. | | | | seeking for a financial freedom, start now. |
| "Multiple Stream of Income" (Passive income | | | | There is no reason for you to delay your |
| portfolio) is something that can be build by | | | | first step in achieving your dream.3. The |
| anybody who has understand how important | | | | moment you work, it's a whole different |
| money is.This article is written to remind | | | | world.One thing that worries me as a student |
| myself and other student why he/she ought to | | | | is how little time I will have for myself as |
| start building up their passive income | | | | soon as I start working. Waking up at 7 A.M |
| portfolio as soon as possible so that he/she | | | | every day and work till 5 P.M is not |
| will be able to achieve financial freedom | | | | something that I will enjoy. Don't get me |
| fast!The following outlines are the important | | | | wrong, nothing is wrong with working. In |
| things that ought to be remembered after | | | | fact, I worked in an office position before. |
| reading this article.- Working for others | | | | I enjoy the lessons I learnt from working, |
| does not create passive income.- You do not | | | | but I don't enjoy working. After you are done |
| need much money to grow your money tree.- The | | | | with your job, you won't have much time to |
| moment you work, it's a whole different | | | | socialize with different type of people. You |
| world.- Becoming rich at 65 is too late to be | | | | will be spending most of your time of the |
| enjoying life.1. Working for others does not | | | | week with your co-worker. The time you can |
| create passive income.Passive income is an | | | | spend with your family, loved one, friends |
| income that is being generated even as you | | | | will be limited. We are student. While we are |
| sleep.A lot of us grow up with a mindset of | | | | studying, why not take that extra one or two |
| graduating with an honor and hoping that | | | | hours per day to build up our passive income |
| right after we got the degree, we can search | | | | portfolio so that we have an escape route |
| for a decent job and "we will take it from | | | | from the rat race that is put before us?4. |
| there". By working for others, we are not | | | | Becoming rich at 65 is too late to enjoy |
| creating passive income. Our main goal, in | | | | life.This goes without saying. If you are |
| order to be rich, is to create different type | | | | planning to be a millionaire, thinking that |
| and sources of passive incomes in our | | | | your pension plan will lead you there, think |
| lives.Earning a fix income every month will | | | | again. By the time you retire, you will be |
| not let you achieve financial freedom.Most of | | | | too old to enjoy your life. Driving a nice |
| us are still young, we have got a lot of time | | | | convertible car when you are sixty five does |
| to build up our passive income portfolio. So | | | | not seem to be so cool anymore, right? Even |
| start now!2. You do no need much money to | | | | so, you will be missing out so many things |
| grow your money tree.There are different | | | | that you could have done when you are |
| types of ways to create a new stream of | | | | young.We are still young, so why not take |
| income in your life. Some ways required a lot | | | | this time to encourage one another how |
| of money to starts, most don't. I really | | | | important it is for us to rely on our passive |
| advised all of you to read a book written by | | | | income rather than putting our bet in the |
| Robert G. Allen, "Multiple Streams of | | | | "future salary". |
| Income".The book taught us different ways to | | | | |
| build up our passive income portfolio.A lot | | | | There are many ways to be rich and as a |
| of people think that it takes a lot of money | | | | young adult, we got the advantage in terms of |
| to make more money. And that discourages them | | | | time so use it wisely.Working together with |
| to even try to make money. That is not true! | | | | you towards financial freedom,Henry |
| If you do your homework and thoroughly do | | | | Tanaka--------------------------------------- |
| your research, you will find out that you can | | | | -----------------------© '05 Henry |
| start earning an extra income by doing a lot | | | | Tanaka.All right reserved worldwideThis |
| of things.For example, a 15 year-old boy save | | | | article is written to accommodate a quick and |
| up enough money to buy a candy vending | | | | convenient reading. If you feel the need to |
| machine. He got it in E-bay for about $50. | | | | get more information regarding the topic |
| After getting permission from the owner, he | | | | brought up in this article, you are welcome |
| positioned the vending machine in his | | | | to send an e mail to: Reprinting and |
| favorite toy store. Each month he will spend | | | | republishing of this article is granted only |
| about $10 buying sweets to put in the vending | | | | with the credit shown below included. |
| machine and each month he will be earning | | | | Permission to reprint or republish does not |
| about $20 from many people who insert | | | | waive any copyright.Henry Tanaka, a college |
| quarters in exchange for the candy.This | | | | undergrad who's been making a good income |
| fifteen year old boy has already created one | | | | online, believes that with the right guidance |
| tiny stream of income.He does not require | | | | and teamwork anyone can attain financial |
| that much money to start building his first | | | | freedom through internet. |