Thirty to ninety days

They say that it takes the average person only thirty to ninety days to end up in a situation that could render them homeless, if they were not able to get a check from their regular jobs. That's a pretty profound thought. We ride by homeless people and on occasion pass judgment on their lot in life. How many bad decisions do you think it took for him or her to end up in that situation? There is a statement that I learned when I worked in a Detox unit. It goes like this: "But for the grace of God go I." This is a statement that can keep us humble if we believe it and ponder it. In one instant, your whole life can change. If you question that, ask the mother whose six month old baby was shot by boys riding by their house on bicycles, while they sat on their porch.

Residual /passive income is a term that some have been aware of for a while , but for those of us who have not taken the time to learn or practice developing those monetary habits then it may be necessary for us to do what others are already doing. Such as read financial literature, communicate with a financial advisor and connect with others who are investing their money in that manner. If we don't know anyone personally, we can read or listen to audio tapes of those who are knowledgeable about money and investing.

There are many chances for us to develop investment opportunities so that our money can work for us. One of the basic things that might help us is reading a book called "Rich Dad, Poor Dad." One interesting point the book made was that many of us don't know the difference between an asset and a liability. The book says that most think that a house is the ideal asset, but if it is not making us money then it is a liability. We might also benefit from remembering that money is not the end, it is a means to an end.

There is so much information available to those who want to function above and beyond if we just look for it. It truly does take a lot of effort to redirect our movement if we have been doing things a certain way for a while. Are you up for the challenge?

Thirty to ninety days. That's not a lot of time is it? What will you do now?

Respect