The 3 Types Of Income To Become A Millionaire

 
 
 
 
WakeUp MillionaireYou need to do something to make money, regardless of taking a very small action or big one. Even if it is just sending e-mails. That’s still considered as taking actions.

If you accept that fact, then it’s obvious you’re on the right track.

To create wealth and becoming a millionaire, you need to have a vehicle or platform. I like to name it as Opportunity because IT IS an opportunity.

Obviously, there are plenty of opportunities to choose from today and it becomes confusing when you don’t know your purpose.

Different opportunities will give you different types of income, but there are 3 types you must know…

1) Income Today: This is the income that you’ll need today and within the next 30 days. Basically, this is your life line—the income that you’ll need today and within the next 30 days. You need money right now to not only enjoy your lifestyle, but fund your journey to financial freedom.

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2) Income Tomorrow: While making money for Income Today, you would also be planning for Income Tomorrow. Income Tomorrow is defined as income that you’ll have within months and can be extended to a year or so.

It creates short-term passive income. For instance, you own a membership site where people are paying you monthly fee.

3) Millionaire Income: This is where you can be free. You can choose when to work or not to work anymore. The biggest mistake that average people make (which keeps them from millionaire status) is simply not choosing the right Opportunity that can lead to this stage.

Bare in mind that Opportunity can change at any time. Just think it as the vehicle to get you from one place to another place; you’re trying to get from your current level to a higher financial level.

That being the case, your focus is the destination and you’ll choose whichever is the most suitable vehicle for you to get there.

Throughout your years of making money and creating wealth, if you know how to qualify opportunities according to which of the 3 types of income they can offer, that you means you have a solid plan for prosperity!

To learn how to choose the right opportunities and stay focus on them, check out Wake Up Millionaire.