A few short years ago I was living paycheck to paycheck, and just like many Americans I was in a vicious cycle of work and bills, with little ability to generate savings. The idea of investing for the future seemed like a fairy tale, as if investing was reserved for only the wealthiest among us. The truth is that even average Americans can save for their future through minimal investments. It is in generating passive income that we can lift ourselves out of the cycle of living paycheck to paycheck, and even if this does not describe you in particular, you will be able to further your income through these outside investments.
Generating passive income is paramount, but it is especially dire for nearly half of all Americans. This may sound hyperbolic, but a recent 2016 survey shows that nearly half of all households are not prepared for an emergency costing $500 or more. To have so little savings, to be so unprepared for the future, it creates a disaster just waiting to happen. You cannot fault Americans for not saving; our purchasing power has decreased over the last three decades, and the cost of living has only increased. It is for these reasons that investing for passive income seems so impossible for many families.
I offer the guidance to get started, the motivation to see the path to profitability, and the advice and strategies you need to start generating a stream of passive income. Start listening and soon you will have the same enthusiasm that I share for these ventures, understanding the long term payoff and seeing a path forward for your future.
©2017 George Whittaker (P)2017 George Whittaker