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08/09/2021
24/07/2021

Where’s Your Focus?

When deciding you want to make more money, where do you focus your efforts?

✅ Increasing income?
✅ Decreasing expenses?
✅ Eliminating liabilities?
✅ Acquiring assets?

Most people focus on creating more income by working more hours.

But there’s a downside to this approach…

Your ability to generate income is directly tied to your personal time and effort. In other words, if you want more money you have to work more hours. And there’s only so much you can do in the 24 hours you and I have.

Also, as an employee, the more money you make, the more you’re taxed by the government. So, you end up working harder just to hand more money over to Uncle Sam.

Another common approach is to focus on reducing expenses.

The problem with this is that no one gets rich clipping coupons and saving a dollar here and there.

It’s a good idea to budget and track your spending, but frugal spending will NOT lead to financial independence.

Eliminating liabilities like home and school loans is also a very popular strategy.

While paying off bad debt can be a good strategy, be sure to first ask yourself this simple question…

“Could this money be better spent buying assets, which could help me pay off my liabilities (i.e loans and mortgages) a lot sooner?”

If you’re a knowledgeable investor you’ll likely find that you can get a better return on your money through acquiring assets, than paying off low-interest-rate debt.

Now, if your goal is financial independence, then your primary focus should be on acquiring assets that generate income.

But most people don’t focus on acquiring assets in order to increase their income.

Mostly because financial education isn’t something that is taught in school. And because most people can't learn it from their parents, as their parents don't know how to create assets either.

That’s why most people focus on working for income, reducing expenses, and paying off liabilities. Because acquiring assets takes knowledge and skills most people simply don't have…

Yet.

It's up to you to acquire the financial education you need in order to build assets that give you the income you need to live the life that you want.

And if you’re interested in increasing your financial education so you can learn how to acquire assets, then I’d like to introduce you to someone special.

He’s my good friend Anik Singal and right now he’s hosting a special workshop.

It’s a free workshop where he’ll teach you how to start a profitable online business using digital assets that can pay you for a lifetime.

You’ll learn the 3-step system to build a profitable online business with ZERO products.

Discover how to put this system to work for you in just a matter of days.

👉 Free Workshop + Free Book [Register Here]: https://edu.lurn.com/SH2R

Sign up today and Anik will show you how to set it up in 30 minutes.

👉 Free Workshop + Free Book: https://edu.lurn.com/SH2R

When there are enough assets to generate more than enough income to cover expenses, the balance is reinvested into assets.

Click the link & join the workshop.

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Www. D DON. Facebook. Com
Port Harcourt
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