Salary Used to Buy Assets, Not Pay Bills

2011-02-06T15:49:00.000-08:00

PRINCIPLE: Your salary should be used primarily to buy assets, secondarily to pay bills. The cash flow from the assets pays the bills.

Most people don’t understand the purpose and the design of a salary. People have been conditioned to believe the primary purpose of the money received from their jobs is to pay their bills, debts and living expenses. Ask yourself, “What is the most reliable source of income to insure that you are able to pay your bills on time and minimize your debt, your job or an asset?” Realize you can have them both.

However, with the insecure times that we live in affected by things such as an unstable economy, globalization, and greed in corporate America, your job does not provide you with the most dependable source of money. Assets are dependable because they are based on a system you created, instead of you being a part of someone else’s system. Understand, the purpose of your salary is to acquire assets. You want the cash flow from your assets to pay your bills in a timely manner, to help accelerate debt elimination, and to buy the luxuries in life you deserve without having to incur debt.

Whether you're working to build net worth, looking for ways to increase the monthly payout of your investments or preserving your wealth for future generations, real estate investment has been proven historically as the best way to achieve these goals. You owe it to yourself and your families to make sure you’re making the best possible investment decisions.

One Percent

Salary Used to Buy Assets, Not Pay Bills