What Does A Residual Income Lifestyle Mean To You
April 20th, 2008 · Filed Under: UriLife Business
What Does A Residual Income Lifestyle Mean To You?
In the BusinessDictionary.com website, the definitions of residual income is:
Definition 1 - Net income that an investment can earn over the minimum rate of return (time-deposit interest rate).
Definition 2 - Royalty income that accrues to the owner of an intellectual property, such as art, books, lyrics, music, patents, etc.
Here’s a good example of residual income. Imagine you had one million dollars in cash in a money market account (or whatever) and you were earning 5.8% interest. Each month you could take out that interest payment and live off of it while your one million dollars still earned that EVERY month? Think you could live with that?
That is a type of residual income. What if it was five million dollars or more? Hmmm….
Now let’s talk some reality…how much do you CURRENTLY have saved up to that magical million dollar mark?
Another thought…what’s your retirement lifestyle going to look like? Seriously. What kind of income are you going to have coming in on a monthly basis to live on? Are you going to be living on beachfront property, or have a luxurious cabin on 100 acres of forest with a lake (or both), travelling around the world several times a year? Or are you going to be living a life that is completely opposite of that? I can’t even write those possibilities. Ewww. That is something that makes me utterly SICK to my stomach to think about being financially poor when I retire and get really old. I just got shivers as I finished writing that sentence.
Do you have more than a million dollars in a high yield savings account of some kind? Are you going to even be able to save a million dollars or more by the time you retire? Is your 401k going to exceed a million dollars when you retire?
How many years are you going to have to work at your job to be able to save a million dollars or more to retire on? When will you retire? Do you know? Do you have a plan?
What would having a residual income business that earned enough money that you could quit your job or be able to retire early, and even afford your significant other to not work their job mean to your life? What dollar figure would it take to where you could pay for EVERYTHING you owe, buy, want, invest, need and desire and be able to say goodbye to your job? Think about it…
I’ve met people who’ve NEVER ever considered that as a possibility so they don’t think about it or dream about a life with such a possibility where they earned enough residual income money on a monthly basis that you could CHANGE YOUR LIFE STYLE!
What would a residual income lifestyle look like for you? What would you do? Where would you live? What would change in your life? How would it feel to NOT have to worry about money, losing your house, your job, the stock market or a recession? Can you close your eyes…see and emotionally feel that life? What would it feel like to be free of that fear and worry? Can you feel it?
It is possible you know? YOU have the ability to learn! You have the ability to work. You have the desire to change your future. You have the motivation because who wants to live on a social security check you get from the government? Oh wait, nobody can do that. And you’re ready to start building a residual income business to change your future!
You have that potential with our UriLife network marketing business.
We have the tools, the education, the products and the marketing to build a very, VERY nice monthly residual income…IF you are willing to WORK to achieve that.
So tell me…what WOULD having a revenue stream that replaced, then exceeded the income from your job(s) do for your life? How would it change your life? What would want to you do? What are you willing to do to “BE” that person living that life? Are you willing? Are you ready?
Let’s talk about what it takes to get there.
Tell me yours…and I’ll start to tell you mine.
Head to my website: http://www.theresidualincomelifestyle.com and get started on the path to establishing the lifestyle you want and need.
Talk to you soon.
With warm regards,
Timothy Carter
The Residual Income Lifestyle
http://www.theresidualincomelifestyle.com





























