Getting Rich by Working less

If you really want to become rich by working less, you need to understand there is good income and bad income. Most of the

people don’t aware of that. If you want to be getting rich, you need to work for the right kind of income.

Broadly there are two kinds of income sources.

1.       Ordinary Income- When you are doing the job and working for money and getting money in form of a salary. This kind of income is a bad income or Ordinary  Income. The more salary is more slaves.

2.       Portfolio/Passive Income- This kind of money comes from Paper assets like stocks, bonds, Mutual funds, and Other Investment plans. This income also includes rental income and royalty income that comes from books, songs, and other intellectual values.

This kind of income is good income. Where you don’t work for money many times and get a regular income automatically.

 

Let's Understand how its works-

 

If you are working for an ordinary income and work hard and hard for growing. You are getting more slavery.

Government is also focused on you by taking the highest taxed income.

 

Whereas it takes time to get passive income, you need to work hard for this. Once you achieved it then you work less and less & Earn money more & more by serving people.

So review yourself by your income classification and work more for portfolio/passive income.

 

“Don’t work for slavery, work for financial freedom”

 

“Money is good for nothing unless you know the value of it by experience”

 

Happy Investing

Arth Prabandhan

viren251989@gmail.com