Guide to Finance

eg: UK or Brides UK or Classical Art or Buy Music or Spirituality
 
eg: UK or Brides UK or Classical Art or Buy Music or Spirituality
 
Business & Money
Technology
Women
Health
Education
Family
Travel
Cars
Entertainment
Featured Sites
SD Editorials
Online Guide and article directory site.
Foodeditorials.com
Over 15,000 recipes & editorials on food.
Lyricadvisor.com
Get 100,000 Lyric & Albums.
  • Business & Money
    • A Guide to Business
    • Guide to Finance
    • Ideas for Marketing
    • Legal Guide
    • Guide to Insurance
    • Lettre De Motivation
    • Guide to the Stock Market
    • Human Resource Career
    • Sales Marketing
    • Forex & Trading
    • Advertising & Marketing
    • Startup Guide
  • Technology
    • Guide to Technology
    • Cell Phones
    • Computer Software
    • IT Hardwares
    • Internet
    • Online Security
    • Cameras
    • Search Engine Optimization
    • Science & Technology
  • Women
    • Guide to Women
    • Relationship Advice
    • Marriage
    • Jewelry
    • Pregnancy
    • Fashion Style
    • Divorce Guide
    • Wedding Guide
    • Dating Guide
    • Natural Beauty
  • Health
    • Guide to Health
    • Guide to Medical
    • Plastic Surgery
    • Weight Loss
    • Sports
    • Body Wellness
    • Cancer Treatment
    • Common Illness
    • Health & Lifestyle
  • Education
    • Military Service
    • Politics and Policy
    • Arts & Humanities
    • Education and Teaching
    • Learn Languages
    • Colleges & Universities
  • Family
    • Quality Home Improvement
    • Hobbies and Interests
    • Family Guide to
    • Pet Guide
    • Loans Guide
    • Credit Cards
    • Gardening Guide
    • Home Security
    • Real Estate
    • Home Decor
    • Gift & Present
  • Travel
    • The Travel Guide
    • Adventure Travel
    • Cruise Ships
    • Beach Holiday
    • Travel Accommodation
    • Holiday Destinations
  • Cars
    • Information on Cars
    • Traffic Violations
    • Auto Insurance
    • Trailers
    • Sport Cars
    • The Bikes
  • Entertainment
    • Entertainment Guide
    • World Music
    • Photo & Video
    • Television & Games

Spend A Million Dollars

    View: 
A lot actually. Take for instance, David's story: The year was 2000 and he was dead broke, two thousand miles from his girlfriend and didn't have a clue how to make money online...



So, how did David go from broke and clueless to earning half a million dollars in just two years? One word... DESIRE.

See, if you do not have a burning desire within you to become successful. You might as well just turn off your computer and go see a movie because all you are doing is entertaining yourself.

People are easily enamored with the idea of wealth and success but few have a burning desire to make it happen - no matter what. What is your "why"? Why are you looking for greater success in your home business. Is the reason big enough and great enough to motivate you to achieve your goals no matter what?

David's was pretty clear cut. Out of pure necessity he had to find a way to make money from home.

All David had was a high school diploma and a years worth of experience bagging groceries! He had to find a way to make a significant income FAST - and that is

exactly what he did.

He had the idea in his mind first. He knew what he had to achieve FIRST. Everything we accomplish in life comes in the form of an idea first. If the idea is clear and specific enough we can achieve anything we set our minds too.

So, back to the story... David was in love but his love was all the way across the country. She was in NY and he was in Colorado. They quickly realized we had to find a way to stay together or their amazing relationship would end.

So, David set out with a massive amount of desire to find a way to make money online, anything that could rescue him from his situation and do it fast.

After spending all the money he had researching my options on what was out there, David finally stumbled upon some webmasters who were making a LOT of money by creating greeting card websites and selling advertising

on them.

He was a bit skeptical at first but decided that if he could just make a quarter of what these guys were claiming, he would be set! David created his first website, learned most everything through trial and error and finally had a working model that was bringing in a couple bucks a day...

Over the course of the next 12 months David was able to grow that income from $2 per day to $1,000 per day and sometimes much more. He diversified the types of products He was marketing and went on to sell e-books, vacations, home business consulting, seminars and a wide variety of commissionable products and services.

The thing is, once he knew how to make money with the first business, he was able to turn all the other products into little goldmines of income as well.

At just 25 years old, David had been an internet marketer for over 5 years and had generated well over a million dollars in sales promoting a wide variety of items online.

David and his girlfriend are now married and have a beautiful two year old boy! See, it was about more than just wanting to "make money" - it was about living a better, richer, fuller life.

Believing that you are in the right place at the right time. You simply have to make the choice to take a risk, take action and go for it! When David started doing this, his life transformed virtually over night!

You are here right now, reading David's story, wondering if it is for real. You are starting to visualize a better life for yourself. A life full of fun and excitement, joy and happiness. If that is not your life, why not?

You are where you are because you CHOOSE to be there. Ouch, this one stung me a little at first too. "You mean to tell me that I am choosing to be miserable, poor, unhappy, broke etc?" Time to make a choice for success, time to take a risk and see what happens.

Never ever ever give up on reaching the level of success you desire. It sure is a better way to live life. A life on the edge. Who wants to be one of the 97% of people out there who are happy just getting by? Not me.
Spend A Million Dollars
Money Mastery is a book written by a gentleman named Alan Williams, who said the exact same thing.

There are a lot of reasons for that, but Donald Trump used a slide in a presentation that he allowed my friend Sandy Botkin to use that inspired this article. It's a very interesting slide. It shows what happens if you've got a dollar that doubles every year.

Ok, you start with $1. At the end of year one, it becomes $2. At the end of year two, that doubles and becomes $4. At the end of year three, it becomes $8. At the end of year four, it becomes $16. At the end of year five, it becomes $32. It just keeps doubling.

When you get to 20 years, it is $1,048,576. That $1 bill doubled for 20 years is now worth over $1-million.

Now, watch this. Same dollar doubling, but let's assume you're in the 35% bracket. You pay 35% of what you make in taxes, and you add all of the income taxes, the state income taxes, the capital gains taxes, the sales taxes, the transfer taxes, the property taxes, I can go on and on, the hotel taxes, the internet taxes, and gasoline taxes. And 35% is actually conservative.

This time take taxes out of the doubling effect, take that dollar and double it, instead of it being $2, like in the other example, it's only worth $1.65 because you've got to pay at least 35% of that in taxes. And the $1.65 doubling isn't $3.30, because you've got to pay part of that in taxes. It's only worth $2.70.

Even though it is the same dollar doubling, but now with taxes, take a guess how much that's worth at the end of 20 years. Remember, the other one was $1,048,000 without taxes. Take a guess how much it's worth with taxes each year?

Would say probably around $600,000?

Try again. Maybe you'd guess $400,000?

Nope, $400,000 is too high, go ahead give it another shot and try again.

Can't be less than $300,000 can it?

Much less!

Is it $200,000, less? You've got to be kidding! How about $150,000?

Not yet, keep going, one more guess...Less than $100,000?

Yes, much less. You're never going to get it. It's $22,370.

That is amazing.

People, you may think I'm crazy so go try it out on your calculator or accounting program and you'll find its true.

The reason it's true is not only do you lose 35% on everything you make, but here's the important point, you also lose all of the interest, all of the compounding year after year.

That is why it's worth only $22,370. There is nothing more important than tax planning, absolutely nothing. It's better than a raise. It's after-tax money.
More Articles from
Tax Planning
Companies In The Uk
Ideas For Small Businesses
In The Current Year
Income Tax Preparation Service
Marketing Planning & Strategy
S Corporation Tax Return
Spend A Million Dollars
Strategic Planning For Non Profits
Tax Planning And Management
Tax Planning For Individuals
Tax Planning In India
Year End Tax Planning
Tax Planning - What Filing Choices Are There?
Business Succession And Estate Tax Planning Strategies
Tax Planning - Pay Only What Is Due To Uncle Sam
A proper tax planning has changed radically over the time. Have you taken note of it?
5 Reverse Tax Planning Tips
Its no sacrifice.. Tax Planning with Salary Sacrifices
» More on
Tax Planning
  • Related Articles
  • Author
  • Most Popular
•100 Million Dollars Video, by Justin Brooke
•Big Sean Million Dollars, by Brian Mccoy
•Earn 1 Million Dollars, by Sabia Singh
•Earn A Million Dollars, by Kozen Huseyin
•Earn One Million Dollars, by Martin Thomas
About Author
Both Debbie Penner & Scott Letourneau are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

Debbie Penner has sinced written about articles on various topics from Disease & illness, Internet Marketing and Make Money Online. Debbie Penner, a seasoned marketer has been using David's system with great success. If you'd like to take a look at his proven, predictable method for building your own lifetime of residual income, and even try it out at no cost,. Debbie Penner's top article generates over 4400 views. Bookmark Debbie Penner to your Favourites.

Scott Letourneau has sinced written about articles on various topics from IRS Tax, Business Loans and Free Credit Report Score. Scott Letourneau is the CEO of NCP,Inc. and an authority in helping people form entities,grow their business,and protect the assets of that business. For more info contact: Scott Letourneau at 702-367-7373 or. Scott Letourneau's top article generates over 27100 views. Bookmark Scott Letourneau to your Favourites.
Deep Fried Tofu Recipe
But no matter what your taste in food, you will likely find a tofu recipe to suit you
 
A Guide to Business | Guide to Technology | Guide to Women | Guide to Health | Family Guide to | Travel & Vacations | Information on Cars

EditorialToday Guide to Finance has 5 sub sections. Such as Introduction to Accounting, Payroll Information, Loan Guide, Tax Matters and Introduction to Finance. With over 20,000 authors and writers, we are a well known online resource and editorial services site in United Kingdom, Canada & America . Here, we cover all the major topics from self help guide to A Guide to Business, Guide to Finance, Ideas for Marketing, Legal Guide, Lettre De Motivation, Guide to Insurance, Guide to Health, Guide to Medical, Military Service, Guide to Women, Pet Guide, Politics and Policy , Guide to Technology, The Travel Guide, Information on Cars, Entertainment Guide, Family Guide to, Hobbies and Interests, Quality Home Improvement, Arts & Humanities and many more.
About Editorial Today | Contact Us | Terms of Use | Submit an Article | Our Authors | Financial Terminology » A - E » F - L » M - R » S - Z