Is there a direct correlation between being a Wealthy Affiliate member and creating an online passive income stream?
There are so many people out there right now who are so busy working their 40+ hour a week job and just handling money. Handling money is just going to work and doing your job and getting paid (not very well) for your time, only to turn around and give that same money that you just got to someone else so you can keep some stuff. This same stuff that you end up not even having any time to use because you are always working to pay for it.
How does that make any sense? The correct answer is that it doesn’t. Money doesn’t bring you happiness, just like having stuff doesn’t either. What brings happiness is fulfillment and you simply cannot find that by selling your time to pay for things that you never get to use.
You sometimes can land a position working for someone else and it may pay you well enough that you actually get to make some money. The usual outcome of this is that people who are able to find that rare position ends up living above their means again because that is what they are used to, that is their programming.
We, as creatures of habit, gravitate towards what we are used to. Because of that, we end up doing what we have always known to do, what we have always done before. If you are appointed a new job and you end up getting paid a generous amount more, you would likely end up being just as broke as you were before. It may take some time, but you would end up not really being any further ahead than you were making much less money.
I recently talked to a friend of mine who was working an active income job and making a six-figure income. He was let go due to attendance and that was because of health issues. The point was that he even told me that he didn’t really save that much money, he simply spent more while he was making that much.
Generating money takes a shift, you need to think about things a bit differently. Quite a bit different actually. Instead of putting a dollar amount on how much your time is worth, you look at an investment with the outcome in mind and approach it from that mindset. You don’t imagine that you will get a certain amount of money for putting in a certain amount of time, no, you think about the endgame and begin to work towards it.
Of course, if you aren’t already independently wealthy you will want to make sure it isn’t something that will completely break you before it comes to fruition.
Passive Income Stream
I drive this point home because it is pivotal. You address an investment from the passive income point of view. You want to set something in motion that will continue to generate money long after you have done it. This is versus the “active” income stream which dictates that you have to be active in order to make any money.
Think about it like this, a singer/songwriter that sings and/or writes music does so and then reaps the benefits long afterward. That is of course if they are any good at what they do. That is a passive income stream. If they only got paid whenever they sang the song, then that would be an active income stream. I hope that we can all agree that a passive income is the route to go when trying to create financial freedom.
Freedom is hardly ever free. You work at creating freedoms. Financial freedom is no different. It is certainly possible to create a future that includes financial freedom generating a passive income stream. This future will, however, be after doing the due diligence and building that stream. I personally had looked at several options available and tried some of them and had spent many hundreds and sometimes thousands of dollars searching for the answers I am trying to pass on to you right now. I have done the legwork, I have experienced the aggravation and headaches that come along with bad situations brought on by dishonest people only trying to sell you a poor platform or bad product.
I have been blessed with an opportunity that offers the chance for virtually anyone who desires to build a financially free future to learn how to do so. I am furthermore excited to be able to let you try this wonderful platform for free. If anything in this article/blog has rung true for you today, take the time to check this out for free and decide for yourself. Simply click on the banner below and start your journey towards a financially free future today.