Monday, August 26, 2013

Pay Off Your Mortgage Sooner


Well there are lots of possibilities


  1. Tighten the belt and spend as little as possible on everything else and put every spare cent into the mortgage.
  2. Work 2 or more jobs, leaving yourself little or no spare time to enjoy life.
  3. Forego having a holiday for 5 years, keep driving the old run down car.
  4. No going out for dinner, movies, drinks with friends etc.

Pay+Off+Mortgage+Sooner
These might all save you some money, but in the long run, they are not going to make a big difference quickly.

What you need is a way to pay the mortgage off sooner without having to live on a tight budget.

Just because you are paying off a house should not mean you have to stop living.


You should still have holidays. You can still drive a nice car. Save for your kids college fund. Eat out at a nice restaurant now and then.

The way to pay off your mortgage sooner, is not to scrape through with the money you are currently earning, but to create an income that will keep coming in regularly, apart from what you earn now.

This type of income is called - Residual Income.

Residual income is income that continues to come in month after month from work you do just once to create it.

Where as now when you earn linear income - time for dollars, residual income is a recurring income that comes in over and over, and can make a real difference to your life, and of course your mortgage.

There are several ways to create a residual income. But the one way that has the most potential and best results, is through a home based business that provides this type of income opportunity.

Tens of thousands of people globally have joined the home business revolution, and that number is growing fast.

There are a multitude of home business concepts offering a residual income and they provide a genuine solution to getting your mortgage paid out sooner than you would have ever thought possible.

Home businesses are low risk. They have low set up expenses. There are no staff or payroll costs. You are your own boss, therefore you earn your true worth, not what someone else considers you are worth.

You can pay out the mortgage and buy another house. Perhaps an investment property that you can rent out. That is another form of residual income.

There are endless ways you can succeed from a home business with a residual income.

If you want to pay off your mortgage sooner, don't work harder, work smarter. Residual income is the answer.

For most people, owning their own home is a dream. But is is also a dream that doesn't come true for so many, because the mortgage just never comes to an end. Well, now it can. Residual income can get that mortgage paid off sooner as well as create many other possibilities for your life. My dream home used to be a plan on paper plus a lot of imagination, now it is becoming a reality, all thanks to this amazing home bushiness concept. I've joined the home business revolution, you can too, and you're home will be yours sooner.



Article Source: http://EzineArticles.com/7872171

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Author: Mohammad Waqas
Mohammad is the founder of WINFOPTC. He loves to spend time with his blogs and loves to help the people over the internet. Read More →

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