: The Person With The Most Money Wins! by: John Michael The person with the most money wins! This phrase has been used repeatedly but not by the wealthy but by the poor "The have not's". Money is not the only or even

Posted in: #Business-And-Finance #Money #Real-Estate #Estate #Real #Life #Tax #Wealth #Investor #Use #Estate-Investing #Esta

The Person With The Most Money Wins!

by: John Michael

The person with the most money wins! This phrase has been used repeatedly but not by the wealthy but by the poor "The have not's".
Money is not the only or even the most important thing in life.
You number one goals should be when it comes to life is:

Good health
Take care of Family
Ability to enjoy life
Happiness both for yourself and others around you

The above should be at the top of the list of any goal you have. However, wealth does make substantial improvements to each of the four areas of life listed above.
More money can mean better:

Health Care
Relaxing Vacations and Adventures
Education for your children or yourself
Better home than you have now

Best of all it can reduce stress from not having to worry about money!
Many of us have problems in life that additional cash will help solve the situation. Did you know that 80% of problems in life could be simply resolved with additional cash.
Your first step to becoming financially secure is getting involved in real estate as an investor. Now you must take the next step "Stop chasing money".
John Michael, the founder of Stealth Educational Services has a vary simple but phrase he loves to use
Money has twelve legs and you have two - It will always out run you when you chase it.
Fundamentally, there are two areas to focus on to build wealth and generate cash.

You must develop skills and strategies to reduce your expenses along with maximizing your life style.
You must develop skills and strategies of generating additional revenues.

You will need to learn how to use:

OPM - Other Peoples Money

OPT - Other Peoples Time

We all have life expenses such as:

Food - Meals
Auto Insurance
Auto gas and oil
Rent or Mortgage payments
Along with other purchases

You easily spend ,000, ,000, ,000, or even more every year on these expenses.
Did you know that for every dollar that you make tax deductible you can receive approximately 15Â¢ to even 50Â¢ back from the government and yes it all depends upon your tax bracket and tax rate. The easiest and fastest way to get tax breaks you will need is to simply start a small business.
As a real estate investor, you have a small business!
This should be your goal for your financial strategy as a real estate investor over the next 12 months:

,000 to 0,000 income from real estate investing
Cut your tax bill in half
Reduce your auto insurance by 1/3
Save ,000's on your next purchase of a car
Reduce your food cost by 10%
Decrease your health cost up to 20%
Open your KEOG retirement plan
Improve your credit
Protect and shield your assets

Just to name a few.
You may have to work full time and do real estate investing part-time for several months until you get the ball rolling. You will need multiple sources of income to become successful as you grow and start your carrier as a real estate investor.
Let me give you another set of goals that you should shoot for as well:

Build wealth in real estate
Develop multiple sources of income and residual income
Make money while you sleep
Develop a profitable real estate investing business
Earn at least 15% on your investments
Use your real estate investing business for tax deductions
Use compounding of money and time to build wealth slowly
Become worth more to an employer until you are able to fire them

Stop chasing money, it is not how much money you "earn", it is what you "learn" to do with the money that matters.
You must have a good plan for building wealth!
More wealth and cash can make life more exciting, dynamic, and fun.
"Daring ideas are like chessmen moved forward. They may be beaten, but they may start a winning game." By Johann Wolfgang von Goethe