A Hands-Off Way To Build Passive IncomeWe all know how it feels to worry about losing your job, paying off student loans, or having enough money to pay for your children’s education.

Heck…it kinda sucks to know that despite working all of your life and constantly chasing debt, you might enter your golden years without anything close to what you need for your day-to-day living expenses.

And while it might be worth it if you were living the kind of remarkable life you dreamed about when you were a kid…

…the sad truth is that many people secretly live in terror of waking up one day and discovering their lives are as average, unremarkable and ordinary as they could possibly be.

But what if I told you that you only need to change one thing – one small thing – to achieve your goals of being financially secure and leading an amazing life?

Would you believe me?

You should. It’s not just theory. It’s what the uber-wealthy have been doing for generations…

….but it works for regular people like you and me too.

Let’s start first by looking at why saving your money for retirement is the fastest way to fail.

Retired and Broke

Your parents’ generation grew up believing that if they worked hard and saved for retirement, they’d be able to live out the rest of their lives in relative comfort.

But while most retirees dutifully set aside a portion of their monthly incomes for retirement while working, the higher cost of living coupled with health care bills have left many struggling.

In fact, Social Security statistics show that 45% of retirees are living at or below the poverty level. And millions of other seniors struggle to meet their monthly bills even though technically they’re not considered “poor.”

This proves that merely saving money isn’t enough to secure your retirement.

Why a Penny Saved Isn’t a Penny Earned

There’s a whole group of people out there who take pride in saving pennies on even the most trivial of expenses.

Advice like “separate your 2-ply toilet paper to save money” and “give up your daily coffee” abound, causing many people to believe if they can just cut back enough, they’ll be well on their way to a wealthier life.

But cutting back like this not only makes you feel guilty, stressed and frustrated… it just doesn’t work. When deciding whether or not to give up your daily black coffee becomes a test of willpower, it’s not hard to predict how long this type of penny pinching will last.

This type of saving leaves you feeling anxious and deprived, which is never a good formula for achieving a fulfilling life.

Furthermore, even if you do manage to cut back on the little things, most people don’t turn around and invest the money they’ve saved. It’s usually such a negligible amount that it gets rerouted towards some other expense.

The Myth of Passive Income

Like a lot of people who headed West during the Gold Rush, millions of people have cottoned on to the idea of earning passive income.

And no wonder: who wouldn’t love the idea of making money without having to work extra hours?

However, if you look at those people who have successful businesses and are making five to six figures through passive income, you’ll find that they are anything but passive. All of them spend at least 40 hours a week working on their business, whether in marketing, content creation, social media or otherwise.

The businesses these entrepreneurs have are genuinely fulfilling and have helped thousands of people. The vast majority of them are passionate about their work and are completely committed to changing people’s lives for the better…

But their businesses are far from “set it and forget it.”

Want financial freedom? Get The 10-Minute Plan To Financial Freedom
to discover how you can build passive income in the hands-off way…

Change Your Mindset

Making a million dollars to most people seems like the ultimate in wealth.

In fact, when asked to list their ideal income, most people choose a million dollars. For most, that level of wealth brings to mind images of sunny beaches, huge mansions, and weekend flings in exotic destinations.

The question you should be asking yourself, however, is whether or not you truly need to earn a million dollars a year to be happier…

…or whether a few hundred dollars a month of extra income would be enough to change the way you live.

Allow me to take a moment to share a maxim I like to call Ali’s Law:

Ali’s law: Fewer bills = less stress

Here’s the thing.

Most gurus would have you believe that you need to be swimming in money to lead a better lifestyle.

They argue that until you’re able to spend money at the drop of a hat, you can never be truly financially secure.

Don’t get me wrong: there’s nothing like being able to pretty much buy what you want, when you want it.

…but it’s plenty nice to have a couple extra hundred greenbacks at the end of the month too.

The Age-Old Strategy of Wealth

This is where real estate investment comes in.

Now I know I said earlier that there are very few ways to earn money without working the hours for it… but that doesn’t mean there aren’t any ways to create passive income.

One of the wealthiest people in the world – Warren Buffett, publicly stated this method is one of the best ways to steadily increase your monthly income with very little effort.

This method is also the same one used by numerous politicians, celebrities, and business people. In fact, a recent survey of millionaires actually showed that this method is actually the way most made their wealth.

It’s called investing in turnkey real estate properties, and it’s one of the most effective ways of increasing your income, gaining lifelong financial security, and ensuring you have more than enough to embrace a life of plenty.

It’s Like Take-and-Bake Pizza

Most real estate investments require extensive knowledge about the real estate market. Investors typically spend hours hunting down a property, vetting the deal, negotiating a fair price, and closing.

After the property is purchased, they’re still not done. They’ll still need to renovate, find a tenant, and manage the property.

Some investors love the excitement involved, but the reality is that it can eat up hours and hours of your time. So while you do make money, it’s because you’ve taken on what amounts to a second job in order to do it.

Turnkey properties, on the other hand, are a bit like store-bought pizza. They rely on using a reputable company that helps you find a good property, and a property management company that does the full work of collecting the rent, making repairs and dealing with tenants.

So although you do need to take time to do what’s termed due diligence – ensuring the property has no major flaws and is capable of producing a profit – once you own the property, your only job is to walk to your mailbox and pick up your monthly check.

Like store-bought pizza, there is nothing exciting about them, but they can be relied upon to produce a steady income month after month, year after year.

Buying one turnkey property could free you from worrying about your mortgage; a second one could easily take care of your student loans or your children’s school tuition. Or you could feel free to say no to your boss the next time he asks you to work late.

Find An Investment Vehicle That Works Well For You

Whatever you choose, achieving financial freedom won’t happen by sitting back and waiting for it. You need to actively plan the exact steps to take to make your dreams come true.

Fortunately, the sooner you start, the sooner you can start living a remarkable, amazing life.

Want financial freedom? Get The 10-Minute Plan To Financial Freedom to discover how you can build passive income…

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