"Join our program and retire in 3 months..." yeah, right.

We all want to get to a place where we have ongoing, hands-off income that continues without us having to work for it. These ads play into that desire by offering us the promise of "easy continuing income."

The reality is often far from the sales pitch.

The first step in developing an ongoing, residual income is to dispel some of the myths surrounding the sales hype.

Here are some of the most common myths about creating a residual, ongoing online income:

At any time in history, no matter what the current state of the economy, no matter what the current trends, no matter what the unemployment rate is or where interest rates lurk, some money-saving ideas stay true.

Well, the New Year is around the corner and so are New Years Resolutions! Its such a great time of year to consider what the past year has brought us and what we want to create in the coming year.

To help you get started thinking about the coming year, we are publishing a series of articles on top wealth creating habits. This series of articles will feature simple and practical ways that you can begin easily creating wealth in your life, no matter what your current situation. Ready? Lets dive in!

Have you ever asked yourself what your highest income producing activity is?

If youre like most people you probably go about your day-to-day business never really thinking about the moment to moment activities that consume your day.

Id like to walk you through an exercise that has helped me and my clients really stay focused on earning their highest possible revenue per hour.

Lets assume that we each start with 365 days in a year. If we take away the following:

• Weekends- 104 days
• 5 major USA holidays
  

The fact is that most people continue to work for a living, because they dont have the means to live without that income. Do not get me wrong. You may enjoy doing what you do. If you do not have to worry about making a living out of this, could you do better, on your own terms?

Perhaps work fewer hours and spend more time with your family? Perhaps choose to take a few days to travel, without worrying about needing to ask for permission. Maybe spend a little time helping out your favorite charity?

Points to ponder as you consider what can be done to maximize your 401k returns:

1.Are You Maximizing Your 401k Returns?

2.Is Your Plan Working Efficiently?

3.Do you need to Maximize Retirement Income?

4.Do you want Simple but Powerful Strategy to Increase Your Retirement Wealth?

For most people their 401k investment strategy is to "set it-and-forget
it".

Wealth - an abundance of values. Each of us determines what is or is not of value to us. He or she may not be wealthy even though they may have a great deal of money because they have no honor, no happiness.

I measure wealth not only by the numbers but by holding it up against my happiness level at any given time. Building wealth is fine, but most people assume you are interested in building wealth to become secure, stable, and happy in life.

Financial planning is an ongoing process individuals and businesses should implement by organizing all aspects of their finances. This will assist in identifying financial goals, providing a comprehensive written Financial Plan, and implementing the plan in accordance with the objectives that
are most important to you.

Comprehensive financial planning should involve these areas and these specific questions.

ESTATE PLANNING

OK, this article will start with the cheapest piece of advice you will receive this year. In fact, it will make you money. At the very worst it will stop you from LOSING all your money.

Advice:
In investment, diversify your portfolio.

Repeat Advice:
In other words, place your money in a variety of different investments.

In case you missed it the first time:
Dont give Uncle Dave-o you life savings to put into a business venture thats a sure thing.

At any time in history, no matter what the current state of the economy, no matter what the current trends, no matter what the unemployment rate is or where interest rates lurk, some money-saving ideas stay true.