Income Mastering

Welcome to Income Mastering. Find the reason you haven’t achieved your financial goals yet, and the key things you need stop doing to achieve success.

Know everything you need about money, the creation of passive income sources and everything you need to know to achieve wealth in your life and reach all your goals. On this site’s Blog, it is where I share with you my ideas and experience of what life has bring me so far, the do’s and dont’s of any business and personal development related articles to boost your way of living in order for you to fine tune some habits and steps for your life’s success.

You can find also my Udemy 5 Stars Review Courses on Business and Personal Development with Exclusive Site Coupons.

Large Blog Image

academyfront

Income Mastering Academy ©

At the new Income Mastering Academy © you can find and learn how to automate your income without exchanging time and work for money. Dominate the art of creating Passive Income throughout the several courses available. Imagine how amazing would be if you could leverage your time, not worrying about work or money, spend more time with your family and do all the things you really love. Well, it is possible, browse the several courses available and start changing your life for better today. Live the life you deserve.

Large Blog Image

Poster Promo 2

Know everything about the latest eBook and grab your copy now for free here.

My eBook “Passive Income Mastering – Create effortlessly 8 profitable sources of passive income” is out now and you can get it at the Amazon Kindle Store. With this book you will be introduced to the definition of Passive Income, how you can start building your own sources and how does that will change and improve your life. The moment you start seeing the results it is the time that you realize you can never go back and exchange time for money. The only solution these days it is to be the boos of your own life and self provide in a way that frees your time to enjoy life and be around your family and friends and also to spend your time on doing something that you truly love.

So now you know, or at least you will if you read the book, how you can stop waisting your time with something you hate and start putting money to work for you leveraging your time and increasing your way of living and controlling your financial situation for good.

Large Blog Image

What is Passive Income and Active Income?

Well, it’s simple. Any money you will ever make, besides winning the jackpot, will fall into one of these income categories; Passive Income or Active Income.
 
Passive income is the money you profit continuously from assets you have created or purchased. Here’s an example; if you buy a house and rent it out for more money than it costs you to pay your mortgage and other expenses every month, that profit you make is considered passive income. Other example is writing a book, you only have to write it once and put it on the market for sale, after that, your only job is marketing that book to increase sales, giving you a steady influx of profit. One downside of this source of income is that you don’t start collecting your money immediately, so there is a time gap between your job being made and when you star to collect your money.
 
Active income is any income that is generated by your work. This is the most common way for making money, but its obvious downside is that once you stop working, you stop making money. Therefore, if you ever intend to be rich, this is definitely not the way to go. It’s major downside is that you are exchanging time for money and that is limiting you to grow and earn more money. Imagine if you were a Shiatsu therapist, even if you had 1.000.000 people waiting to make an appointment with you, that wouldn’t be possible, and therefore you would never receive that money from them, even with the high demand of your exhausted body… The only advantage is the immediate gratification, a misleading trap in my opinion.
You can check more of these articles here on the Blog.