Calloway: I Wanna Be Rich
I want money lots and lots of money
I want the pie in the sky
I want money lots and lots of money
So don’t be asking me why
I wanna be rich
That is some of the lyrics from the song “I wanna be rich”, by Cab Calloway that came out in the 1980s. This song describes what all of us want and that is to be rich with LOTS of money.
One quick way to achieve that dream (I am one of those people who does it) is to buy lottery. The chance of winning is very slim but it never hurts to try.
Anyway, enjoy this song (lyrics and video below) and never give up your dream of being rich. Besides, its Friday and the start of a beautiful and relaxing weekend and what better way to begin the weekend then with this song.
Enjoy!!
Calloway - I Wanna Be Rich Lyrics
Cash, cold, that’s what I need
Big bill collectors they ring my phone
They bother me when I’m not at home
Ain’t go no time to be fooling round
Feet hit the floor, then I get head on down, you see
Chorus:
I want money lots and lots of money
I want the pie in the sky
I want money lots and lots of money
So don’t be asking me why
I wanna be rich oh
I wanna be rich oh
I wanna be rich oh
I wanna be rich, full of love, peace and happiness
I want my cake wanna eat it too
I want the stars and the silver moon
I spend my money on lottery
My favourite number is 1 2 3, you see
Chorus:
Every way rich
Love, peace and happiness
I want all the things that lovers do
A pocket full of dreams come true
Even things you cannot find
Want you by my side to keep you satisfied and rich
Here is what we’re gonna do
Say oh I say uh uh
Whoooaaa Whoaaaaa
Got to be baby
I just wanna to be rich
I just wanna be, just wanna be
Cause baby
Chorus
I wanna be rich
You know what I mean baby
I wanna be rich
Everyday and everyway
I wanna be rich, full of love, peace and happiness
Play, honey, there’s lots and lots for everyone
Be rich, I wanna be rich
Passive Income: Earn More Money With Little Effort
Do you want to work 40, 50, or even 80 hours a week for the rest of your life?
Good, neither do I!!
Do you want to have income coming to you in a daily basis with as little effort as possible?
So do I!!
One way to achieve that goal is through passive income. Passive income is basically income that requires minimal work from you to obtain a steady flow of money.
So what is the secret to passive income? It is very simple and anyone can do it, whether you are in a business, a student or even a retired person, the secret is BUILDING ASSET. The key word is asset.
Asset is anything that is owned, the value of which can be expressed in monetary terms. Assets is not something you can get overnight, it takes time and effort to build. However, in the long term the financial rewards can be outstanding. Instead of you working hard for your money, the assets could be working hard for you.
Overtime, you can leverage your assets and use it to obtain other assets. This way you will not be relying just on one asset but many others. The total return from all of your assets can be even more fantastic. For this to happen, you need to start building your first asset.
What kind of asset should you build? Build ones that you are familiar with so that you can reduce the amount of time needed to do your research and have a quick start. Preferably, it is something that will generate revenue and income. One important factor to keep in mind is that no matter what you decide to do, there are additional expenses to maintain it.
For example, a blog could be an asset. You could start a blog and write about topics that you are familiar with and are of interest to you. However, a blog takes time to build and requires effort on your part to market, write, and maintain.
One particular type of assets that is associated with passive income is real estate. Your real estate could provide you with a flow of income by renting it out. When the housing market is a sellers market, you could then sell your real estate at a much higher price compare to the price you brought it for.
These are just two of many types of assets that you can own that can provide you with a nice monthly income. Other types of assets are stocks (hopefully with dividends), mutual funds, bonds, published books, be a silent partner in a business, advertisement commissions, or even your reputation (which you can use to give paid speeches or lectures).
There are two basic types of passive incomes that I have not talked about in this article. I will talk about it in the near future and they are: Residual Income and Leverage Income.
Don’t miss it and I will see you again.
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