Wealth is a Choice

Working from home to build wealth is what everybody is looking for. Are you one of the many looking to work from home? I have a simple definition for wealth, it was quoted by Robert T Kiyosaki, but I think Buckminster Fuller wrote it: “You have to create enough passive or portfolio income to cover your monthly expenses”

The meaning of this for the average person is that you have to create enough passive income to cover all your monthly expenses. What is passive income? In real estate it is the cash flow you get after all your expenses are covered, so people think of it as income that comes in not from their labor. The real definition would probably be determined by the IRS, because they allow passive income from real estate and it’s at a different tax rate. I do not know the law about passive income on the Internet by working from home.

So let’s look at this as an average family, they would have to add up all their bills from rent or mortgage payments, gas, utilities, shopping for everything that has to do with running your household for one month. I know I probably forgot some things off that list but you get the idea. Then you have to determine what your wages, or your income, is the for the household, your income, your wife’s income or anything else that helps pay the bills.

Now that you have it figured out let’s say it came to about $3000, so let’s figure out a plan to accomplish this by working from home.

You make a choice to work from home to build wealth. The first goal is to create $3000 a month that would cover the monthly expenses, and because the Internet does not sleep it would work out to be $100 a day times 30 days equals $3000. And now I tell every one you really want to double that if not triple it before you quit your job. To me that is where you really start building wealth. Now that you have tripled that you are making $9,000 a month, you’re not worried how to pay the bills so you can focus on working from home.

Now you work to improve everything you’re doing working from home. The more you improve it the more income you can generate. The pressure is off because you have extra money. Most people can focus much better and be a lot more creative with their business. At this point you can focus on building a second Web business or Internet marketing business working from home.home. I know at this point you have enough knowledge to duplicate what you did the first time with a lot more experience and understanding. The first working at home business was creating anywhere from three to 9000 a month,and I know you can do it two or three more times because the internet is still growing and as more people learn to work from home more wealth will be built. Also check out the main page Wealth is a Choice.