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Nov 13

How to Work Less and Earn More

We all want to work less and earn more, but did you know that it is possible for everyone, no matter how much you earn of what your education is, to work less and earn more money. If you want to find out how you can personally work less and earn more then I suggest you read on.

The simple method to earn more and work less is to generate income that doesn’t require you to work for it at all. See you can study and get a degree so you can earn more, but you will always be limited in the amount of money you can earn, because your money is directly related to the time you spend working. So instead of doing that you should get your money working for you.

The rich get richer because they use their money to buy assets that generate them passive income whether they work or not. They buy things that put money in their pocket on a regular basis. To put it simply, if you stop working you assets will continue to feed you. If you want to work less and earn more then you are also going to have to use your money to buy assets that generate an income.

The best thing about investing in assets is that it only gets easier. The hardest asset to buy is the first one, because you have to save up money to buy it, or spend time creating it. But then that asset will generate you extra income and you can use that extra income to help you buy your next asset. Then you have two assets generating you income and it becomes even easier to by your next one and so on.

If you want to work less and earn more then don’t get caught buying investments that cost you money, with the promise of capital gains in the future. Though these types of investments can make you money (if you know what you are doing) they keep you working hard, because you have to work to be able to afford your investments. The best investments for you are one that immediately generate you cash flow that you can use to fund other investments or to fund your lifestyle.

Starting a business is a great way to work less and earn more. In its early stages a business can take a lot of time and input to grow, but once it has grown often businesses can run easily without the owners input. You could build a business and then hire a manager to run the business for you. Your work would be minimal and you could generate a massive amount of income from it.

Working less and earning more is achievable for anyone. Obviously earning a huge income helps the process, because it is more likely you will have more money left over to invest with, but it is not necessary. Even if you are on minimum wage you can do this. You just have to start out investing some of your time into learning how to invest, and then using some of your money to make small investments. They don’t have to be big at first, they can be small investments that throw off small amounts of income. But even if it earns you an extra $1/week then that is $52/year that you didn’t have to work for.

Educating yourself is essential if you want to live the high life. Most people word hard and then hand over their hard earned money to a stranger to invest for them. These people have no control over their finances or their return on investment, and they also have no financial education. If they lost all their money in a stroke of bad luck then they would not have learnt anything and the only way they would be able to get their money back is to work harder and save more money. When you invest, invest to learn something. That way even when you lose money you have increased your financial education and you will be able to make back your money quicker than ever before.

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