Paycheck to Paycheck vs Passive Rental Income?
If you were given the chance to choose between either options above, which one would you prefer?
Would you choose having a big monthly paycheck from your job, or would you rather have passive rental income deposited into your bank account every month?
Some people would answer: BOTH!
However, the reality is, most people today live a ‘paycheck-to-paycheck’ existence, and often 95% of people make the mistake of thinking that getting a bigger salary is the best way to get ‘richer’.
While having bigger salary can definitely help you accelerate your progress to being wealthy, it is worth remembering that
A paycheck, no matter how big, cannot be defined as wealth.
Robert Kiyosaki once defined wealth as ‘how many number of days forward you can survive , if you lose your job today’.
The reason why many people don’t seem to get ahead financially even when they are receiving a bigger paycheck, is because they let their expenses increase in line with their income.
The pressure of day to day job has led them to a thinking of rewarding themselves by overspending everytime they receive their monthly salary.
Someone even joked that, an employee usually feels the happiest and spends the most (going out ‘makan’ extravagantly, paying bills, entertainment,etc..) the first week after their salary comes out.
Don’t let this happen to you!
True wealth comes from having a portfolio of investments that generates passive income for you. In property investment, your property makes money whether you get out of bed or not.
Every month, when your tenants bank in,you will hear “kaching”…. “kaching”, the sound of the Cash register!…. Sounds fun right?
Properties is one of the definite ways to building long term sustainable wealth!
In Property Fast Track, we truly believe properties is your proven formula to wealth.
Get started now by checking out our upcoming Property Fast Track seminars here!
Do check out how our seminars has helped youths from 25-40 years old to get on the fasttrack to financial freedom.
In fact, 5 of our members have already bought below market deals ranging from 15-31% below market following the Property Fast Track system in less than 6 months!