When do you start making money as an employee?

So, I'm still working on one of Loral Langemeier's programs called Building Your Wealth Cycles. I will write more about it as I continue, but thought you may be interested in this little startling fact that she shares on pg. 29 of the workbook:

"If you're an employee, due to the amount of taxes you're required to pay, you actually don't start making money for yourself until May 10th...so, from January 1st to May 9th...all the money you earn goes to the government for taxes! May 10th is when you start earning money for yourself!"

Now for most of us, it's not a surprise that the government is taking so much of our earned income, but it is shocking when you think about it like this.

Visit http://www.wealthfoundation.com/ for more information. I highly recommend this program, as it is coupled with yet another program by Loral and Bob Proctor - another great mentor.

Onward & upward! Happy Tuesday :)

Generating a Cash Machine

I'm currently working to develop my very own cash machine. Have you ever thought to create one yourself? It's simple, really. You just consider the things that you do well, and turn those strengths into a cash-generating little hobby. For example, do you know how to play an instrument? Teach some little kids how to play. Chances are, parents don't want to spend a lot on their kids who maybe just want to dabble, and you can charge a fee that's less than what an established store/teacher might cost. BAM! So you make $20 extra/week - doesn't seem like much at first, but then again, who couldn't use $20 extra this week and next? Know how to tutor, take photos, design some brochures, babysit, write resumes, mow the lawn...? These things seem simple, but they're easy. And chances are you've got a couple great and overlooked skills up your sleeve. So, have at it - figure out what you can do, and put it to work for you.

I began learning how to develop my own cash machine in one of Loral Langemeier's books. Visit her web site here, and learn how she became financially independent years ago. It doesn't take a million dollar idea to make millions... stop thinking so hard, and just do!