Useful asset that generate income

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Useful asset that generate income

Have you ever tried to calculate how many assets in your home? But before you count, you need to know what could be the “asset” is. “Assets” could be interpreted as a treasure that you have today. What a treasure. Objects can be at home, cash, savings or investments that you have. So again, the asset is property that you have at the moment, whatever it is.

Well, after living for years, try to count, what are the assets that you’ve collected so far? Well, certainly there are a lot of things like mobile phone, cash, savings, time-deposit in private banks, furniture, car and perhaps even your own homes. Wow, not bad after years of work, there are many assets that you can also collect.

But the problem is that you should plan your business idea and consider how many of those assets that provide income to you? That is, how many of the assets you that give money and income for you and your family?

Let’s see: You are using your own mobile phone, motorcycles, cars, furniture in the house, computer at home, TV and radio tape. Cloth and shoes are using by yours. None of those assets provide income for you.

Cash will not give revenue for you. Your cash always stay in the closet and always take if you want to buy new clothes or shoes. Isn’t it?

To be honest, the only asset that provide income for you maybe just your deposit. It will give interest to you. Many of you may already feel ‘rich’ with your current circumstances. You can directly buy the goods you like such as new mobile phone, new clothes, new TV, new fitness equipment, new shoes, even a new motorcycle or new vehicle. In fact every friend you always tell that you have just bought it, you are buying bandwagon. Even worse when you come to the mall, you’d think: “What goods can I buy now? It was when I had the money, especially if your husband has higher income and it seems you are very rich.

Wealth – materially – is not measured by how much income you get now. Want to post your husband is the director or the director’s making a big income, well instead of measuring it. In fact, the name of wealth, not measured by how much wealth you can buy from such income. You can buy a car, motorcycle, home, expensive home furnishings, the most advanced mobile phone, new clothes or shoes, not the measurement that you are rich or not.

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So what can make you rich? The things which can make you rich are how much of the assets you have now that can provide income for you. That’s what makes you rich. Not the amount of your income or your husband, not too many objects in your home. The amount of your earned income or your husband is useless even if the income is all spent out.

The number of object in your home is also useless if the objects do not provide income directly to you. But the most decisive is how much of your assets can provide income for you. Either regular monthly income or income that can only be obtained later if the asset is sold again.

No wonder after many years of work some of you can actually have a pretty good income and can have great things at home, but really, I think your situation-it’s just there and not everywhere. All because no one realized the income you used to be a useful asset. So, what assets can provide income for you?

Houses for rent
Vehicles for rent
Time-Deposits
Business (every month, 3 or 6 months you can take some of the profits of the business).

Well, that’s the examples of assets that can provide income for you, in this case a regular income.

While the addition of assets that can provide regular income, there are also other assets which could provide a larger income, it’s just that it is not routine and can only be obtained if the asset you hold is used for some time to then be sold again. Although it also has the risk of an asset falls in value if you sell again. Examples such as:

Gold coins,
Mutual funds,
Home, and so on.

So, now what if you start focusing your life to accumulate assets that can provide income for you? Do not just collect objects that can only be used eventually anyway and used without being able to be utilized to generate revenue. The more productive assets can you raise will be better because if later on you or your husband is forced to stop working, you and your family can have an income.

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