Ready-Made Complete System for Earning Online

There are thousands of advertisements for earning money online. Very many, or perhaps most of these, are scams. They are advertisements that promise you that you can earn money fast, big and continuously but are intended only to take away your hard-earned money.

I once fell a victim to this kind of advertisement. It promised that by 4 o’clock in the afternoon I would earn online and I would earn big and continuously. I signed up for that program, paid for it, opened it, read it and I found out that it was next to impossible for me to earn online that fast, big and continuously.

That is why I took time to investigate these advertisements to find out which of them could be trusted and which of them would just be scams.

By scams I do not mean illegal. Many of these are legal businesses but they are still scams just the same for me, because they are primarily intended to get your hard-earned money.

If you are looking for a ready-made complete system for earning online, make sure the following criteria are present:

1. The program does not ask you to buy something in order to begin using it.

It is most important when you choose a program for the first time that you decide for one that does not ask you an upfront cost. Always start with a free program. I started with programs which asked for payments in the hope that I would earn soon. But these programs did not give me a good and steady income. Here and there I would earn but it was not substantial and not steady. What gave me and has been giving me a substantial and steady income is a free program.

2. The program has an attractive, professional website. It is well laid out. It is not cluttered with so many words, images, or boxes.

To earn online substantially you must have a website that is simple and yet attractive so that people can be easily persuaded to be part of your network.

3. The program is complete with the introductory instructions. It gives you ebooks for free. The topics of these ebooks should be on what is this stuff called making money online, how to market your product or services and some practical guidelines on your day to day schedule.

4. The system is complete. It contains programs from which you will earn and a system how to persuade others to join this program. It has an inbuilt advertising and marketing system. All you need is to sign up for the programs in this system and surf.

5. The program does not hype you. It tells you frankly that you will need quite a time, like 1 year at least before you can earn substantially. Do not fall for programs which promise you that within an hour, a week or a month you will have big, steady income online. The program has to be realistic. It does not have testimonies to hype you.

6. It is a system which has screened out all worthless programs. It contains only those programs which really pay, even if they pay only small amounts.

7. The program has a solid support system. If you ask a question, the owner of the program or someone in his or her staff answers you soon. Choose only one which has a forum. You can discuss problems in the forum. If a program has no forum, be suspicious of it. Tomorrow it may be gone.

So begin looking or keep on looking for a program which has these criteria. Once you found it, sign up and work at it. Once you have completely set it up (a day to 2 days at most), all you need is surf and expect more and more to sign up under your network. The earnings will follow later, not much in the beginning but with time and with your patience and faithfulness your earnings will accumulate.

Earnings Are As Important As Contributions to Your Retirement Savings

Just contributing to your retirement savings is not enough. You’ve got to make them earn decent returns so their compounding effects significantly add to what you eventually accumulate. To settle for pathetic investment earnings makes saving for retirement only a contribution game with meager results. This article shows the kind of earnings you need to compound your way to a decent retirement.

Government-regulated retirement programs, like your 401(k), 403(b) or IRA are geared to help you save for retirement. Though their annual contributions are limited, they’re deductible from you working income. This helps you contribute more to your savings than using after-tax dollars. Their tax-deferred growth allows all your earnings to contribute to the compound rate of your savings without any loss annually to income taxes.

I’ve constructed an example to show how important it is to get decent earnings on your investments to accumulate significantly more and to make your earlier contributions pay off.

Let’s consider that you have 40 years over which you can contribute and grow your money. But there are two different contribution options by which you can choose to contribute. The first option is that you contribute just $1,000 (i.e. $1K) to your savings every year for the first 10 years. But then you don’t contribute any more for the remaining 40 years; you just let your 10 years of contributions grow by its investment earnings. Your total contribution under this scenario is $10K. Let’s call this option the ‘$10K early’.

The second option is that you forego any contribution for the first 10 years, but then contribute $1K per year every year for the last 30 years. Of course these contributions will grow also by their investment earnings, too. Your total contribution in this second option is $30K – three times as much as in the first option. Let’s call this option the ‘$30K late’.

Now, let’s compare the resulting accumulations after 40 years for both these options for different compounding rates. The compound rate is that amount of investment earnings annually left in your savings to grow- not lost to taxes or fees. A 4% earnings rate that lost 25% of the earnings to taxes would compound at 3%. A 4% tax-deferred earnings rate has a 4% compound rate.

4% compound rate accumulations:

After 40 years at a 4% compound rate, the ‘$10K early’ accumulates to $40K (4 times what was contributed), while the ‘$30K late’ accumulates to $58K (about 2 times what was contributed). So you ended up more with the late contribution option – but of course you contributed 3 times as much.

6.3% compound rate accumulations:

After 40 years at a 6.3% compound rate, both contribution options accumulate to $88K. This compound rate was chosen to produce this result. Clearly, as earning rate increases so do your accumulations. But now those early contributions earn far more: 9 times more than the $10K early contribution, and only 3 times more than the $30K late contribution.

8% compound rate accumulations:

After 40 years at an 8% compound rate, the $10K early contributions accumulated to $157K while the $30K late option accumulated only to $122K. Again, increased earnings accumulate more. But now your investment earnings are contributing a greater share to your accumulations.

The magic of compounding is making those early contributions win out over larger later contributions. Comparing final accumulations, the $10K early option achieved almost 16 times contributions versus a little more than 4 times contributions for the $30K late option.

Higher earnings not only produce higher accumulation amounts but a huge difference for when the contributions are made.

Learn to make your savings work hard:

Recognize first that getting higher earnings rates significantly enhances your final accumulation no matter when you contribute over a long time. But, second, they make those early contributions work hard at earning much more than later contributions.

Many people waste their savings in low earning savings vehicles. They play it too safe or pay too many fees – or both. Though they worked hard to contribute to their savings, they dropped the ball on making those contributions do their share of earning.

You should be able to get your investment earnings over 6% at least – and ideally up to 8% – and more. These growth earnings are below the average for stocks over 80 years (1926-2006) as shown by Ibbotson Associates.

So I emphasize that there are 2 parts to achieving independence:

o Contributions
o Investment earnings

– one is not enough

Contribute to your savings – starting as early as possible – so you can also get the benefit brought by decent earnings. Then work at getting earnings of 8% or more. Make your savings work as hard as you do.

How to Earn Residual Income – 3 Real World Ways For the Average Person to Earn Passive Income!

One of the greatest achievements of my life has been the fact that I’ve been able to earn residual income for decades now.

As someone who managed many of the famous rock stars that you meet today’s money for years, I learned something significant about earning money.

I learned that residual income is the greatest type because it’s income that you earn over and over again after doing something just once.

How Does the Average Person Get to Earn Residual Income

There are a few different ways available for earning this type of income.

The most important point is that you realize that it’s the best way to earn income in the world. Like a rock star who writes a song once and earns money for the rest of their life, you can do the same and earn in the same way. You don’t even have to be a musician.

Authors do the same with books.

Here are 3 Ways to Earn Residual Income in the Real World…

Insurance Sales – Yes believe it or not, insurance people get to earn a residual income is a sort of way. This is because once they sale a insurance policy they get paid monthly on the insured’s payments toward their policy. The problem with this is…well… you have to an insurance agent.

Real Estate – When you own real estate and rent it out, collecting monthly income from that property, then you’re earning passive monthly income. You really only had to rent the apartment out once and you collect rent each month after as long as the other person lives there.

The problem is do you feel like unclogging toilets and/or any of the other crazy problems that go along with it?

Network Marketing Home Business – The route I chose, and one of the greatest chances for you to earn residual income, is to become a network marketer and start your own home business. The beauty of network marketing for residual income is the fact that you don’t only earn this income off of your efforts but you actually get to earn an income from the efforts of your downline as well. That may be better than earning like a rock star actually.

Of course your downline can be as huge as you build it…but even if yours wasn’t great, if you got a couple of mavericks in your downline who did well then there you go. Their effort of recruiting, sponsoring, and training could very well pay off in droves.

The truth is that not very many people get to earn residual income. It’s rare because most people don’t seek it out. They get pushed into trading their time for money at a typical job, instead of leveraging not only their time but the time others.