Saving Money: Strategies to Kill Off Debt Using Passive Income and Money Management!

By Anders Braveson

Many people think that having passive income is working only a few hours in the early stages and setting up the product, and then the money will flow continuously without any needed effort from our side!

This is not the case even for celebrities and extremely rich and successful people. There will always be a need to exert some kind of effort if you want the money to keep coming in! There are many online marketers and online business owners who claim to travel the world all year round and work only a few hours, if not minutes, per day. What they do not tell you, is that they have a whole team of employees back home doing all their work for them, and usually 24 hours a day. And they only supervise from afar from time to time. You could also do the same, but first, you have to create a successful business, whether online or offline and scale to a level where you can afford to hire assistants without financially harming your business and the quality of your products and its delivery. However, please do not make the mistake that you can hire someone to run the whole business for you. She/he will still be an employee, even if given the position of CEO or Chairman and will not have the same passion and interest you have in your business. Simply stating, the stakes are not high enough for her/him to be as interested and dedicated as you are. That is why most multinationals offer packages to their hired CEOs where they get shares (in bulks) and this will definitely raise the stakes and make them devote themselves to the company. 

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• Language: English
• Publisher: Anders Braveson
• Release date: Aug 16, 2022
• ISBN: 9791221386479

Book preview

Saving Money

Strategies to Kill Off Debt Using Passive Income and Money Management!

              Anders Braveson

Copyright 2022 Anders Braveson!

All rights reserved.No part of this publication may be reproduced , distributed, or transmitted in any forms or by any means, including photocopying, recording, or other electronic or other mechanical methods, without the prior written permission of the publisher, except in the case of brief quotations embodied in critical reviews and certain other noncommercial uses permitted by copyright law.

Chapter One

What is Passive Income?

Chapter Two

How Debt Can Lead to Your Demise!

Chapter Three

The Relationship Between Debt and Money Management!

Chapter Four

How to Manage Your Money Properly to get out of Debt and Still Have Some Money Saved Aside!

Chapter Five

How to Manage Your Money Properly to get out of Debt and Still Have Some Money Saved Aside!

Chapter Six

What Next After I Pay My Debts!

Chapter Seven

The Difference Between Best Seller Products and Best Executed Products and How to Increase Your Income!

Chapter Eight

The Importance of Simplicity, Perception, and Communication to Increase Your Income and The Power Money Will Bring You!

Chapter Nine

Money Cannot Buy Happiness But It Gets You Really Close to It!

Chapter Ten

Do Not Forget to Enjoy Life While Building It!

Chapter Eleven

Why Passive Income is The Best Way to Kill Off Debt!

Chapter Twelve

Why You Will Not Become Rich Working 9-5?

Chapter One

What is Passive Income?

Many people think that having passive income is working only a few hours at the early stages and setting up the product, and then the money will flow continuously without any needed effort from our side! This is not the case even for celebrities and extremely rich and successful people. There will always be a need to exert some kind of effort if you want the money to keep coming in! There are many online marketers and online business owners who claim to travel the world all year round and work only a few hours, if not minutes, per day. What they do not tell you, is that they have a whole team of employees back home doing all their work for them, and usually 24 hours a day. And they only supervise from afar from time to time. You could also do the same but first, you have to create a successful business, whether online or offline and scale to a level where you can afford to hire assistants without financially harming your business and the quality of your products and its delivery. However, please do not make the mistake that you can hire someone to run the whole business for you. She/he will still be an employee, even if given the position of CEO or Chairman and will not have the same passion and interest you have in your business. Simply stating, the stakes are not high enough for her/him to be as interested and dedicated as you are. That is why most multinationals offer packages to their hired CEOs