Claude Fullinfaw

Empowering Others

  • Home
  • Recent Posts
  • About
  • Contact Claude!
  • Site Link – How To Work Smart

Where To Find A Business or Career To Give Passive Income

August 21, 2021 by Claude Fullinfaw Leave a Comment

In this article I shall cover the different sources where you can create an asset that will give you money while you sleep. When this happens you would effectively have created passive income.

Most people work a 9 to 5 job during their working life putting a side a small percentage each week into a retirement saving plan called superannuation.

Are you saving enough for retirement?

Now superannuation in Australia is compulsory for an employer to pay a certain percentage into their employee’s super fund each month. This percentage in 2021 is around 10% of your gross wages. What is interesting is most employees and self employed people rarely top up their to the full amount allowed by the Australian government which is $27,500 moving forward from July 1st 2021.

If you are someone who works a full time job earning around $60,000 a year you would most probably be paying around $6000 into the super fund through your employer. Have you thought about increasing this amount to a bigger amount so you have a bigger nest egg by the time you retire?

Why most people won’t have enough savings?

Most people cannot do this because their income is just enough for paying daily expenses. Such as rent, food and other necessities. So where do we get extra income from?

One place is getting a second job or possibly starting a small business part time on the side. So if you are planning to do something part time I suggest you think of ways that income could be passive not linear income.

I shall talk about liner income in another post soon and explain what it is. For now think of your wages as a source of linear income. Its about exchanging time for money in a nutshell.

Lets stick with passive streams of income.

Different ways to create passive or residual income:

  • Write a book
  • Become an actor and make money
  • Become a singer and get albums sold like Michael Jordan. You get paid even when you die
  • Create a business model that you don’t have to work in and get paid franchise fees each time someone joins the franchise
  • Put aside money into your super fund
  • Save money in a bank account.
  • Buy property and the rent will be passive income
  • Have shares on the stock market. The dividend income is passive income.
  • Have a Network Marketing business.
  • Have an Amazon business.

Filed Under: Life Can Be Better Tagged With: passive income, ways to create passive income

How Can A Mum Work And Create Passive Business Income Part Time

April 7, 2020 by Claude Fullinfaw Leave a Comment

How Can Stay At Home Mums Build A Passive Income Business?

I am going to share how a Mum can stay at home this week from her work and earn extra income immediately. And with very little effort. Called part time effort!

Are you listening?

The question is how can a mother supporting her young children be able to work at home and still care for her young ones. If you are a mum right now wanting more time for your kids is this important? Working from home? I bet it is.

For most Mums this may only be a dream. However if I were to tell you right now that this can be a reality this very week will you listen to me. It sure can be if you willing to stretch your imagination and look outside the box. Nothing is impossible.

Now earning extra income may be doable but what if you can make this extra cash more sweet but turning it into passive income. Let me mention that “are you are prepared to work?” “Prepared to put in the effort to earn?”

Why not learn how to make the income you get passive instead of linear. Wouldn’t that be nice?

PS: If you are not sure what linear and passive income is I shall explain this in another post this week.But for now linear is income you earn if you work. No work no income. Its related to time you put in. Passive income on the other hand is about doing the work once and getting paid multiple times. Which one is more exciting? Passive income sure is!

Here is a short story. I love stories!

Just a few days ago I was speaking to an acquaintance of mine and was talking to him about passive income. He said “don’t you need to have money invested to earn passive income?” I told him not so. Its just one way to earn passive income by having money invested. However there are different ways to earn passive income with little or no cash invested. His ears started to tune in as he not only wants to earn more money right now but has very little passive income to his name for the future.

So Mums, are you open to learn how to make more money this week? Better still are you open to know that you can turn that income into passive stream of money next month, next year and in the future. All by starting this week.

A bit about me!

So let me tell you a bit of myself now. I live in Brisbane with my wife. Like yourself I too was once looking for the opportunity to make extra income. Unlike many people I started to think what if I could make an income and if it could flow in each week in the future. I found a few opportunities and realized that there are companies out there that can help me get my dream. Today I do have two streams of passive income, both still growing and it allows me to work less in my day job and allows me to focus more on my passive income businesses.

I can show you what I do and you can #WorkWithMe on creating passive income while you #LearnWithMe.

Send me an email by using the contact form above and I shall share more. Looking forward to meeting you soon and #WorkingWithMe on realizing your dream of #MakingMoreMoney.

Claude

Filed Under: Work From Home Moms Tagged With: Earn extra income, home based business brisbane, i need more money, I Need To Make More Money Today, passive income

Coaching On Goal Setting!

https://www.youtube.com/watch?v=zfVmIV7UX1w

Do You Have What It Takes To Win

Claude & Vicki

I am passionate to helping you win at life. I have the knowledge and the skills in taking someone like you  from the place they are at to where they want to go and I am able to pass on what I know to you to get your life dreams fulfilled.

Partner with me

A Snippet Of My Life’s Journey

Let me share my story with you…
USANA Leader in Manila to join. I am the best at what I do

Hi this is Claude from Brisbane Australia. Currently I am living in Manila in the Philippines since September 2017. I probably be… 

Read More

Connect With Us

Claude Fullinfaw

USANA Gold Director

Philippines: Legaspi Village, Makati, Philippines.

Cell: +63 995 861 4727

Australia: Stafford Heights, QLD, Australia

+61 422 44 2029

 

Connect on LINKEDIN

Claude Fullinfaw