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Lonnie Glosup
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Lonnie Glosup   My Press Releases

"Like Attracts Like" Applies To Money Too

Published on 11/23/2015
For additional information  Click Here

The wisdom contained in the old cliché "Like Attracts Like" applies to money too.  Thankfully, ways to earn income are numerous, yet there are a lot of people that are struggling to put the pieces of the puzzle together in a way that allows their personal economy to thrive.


When asked many people will quickly tell you that they are NOT salespeople.  That actually translates to them saying they do NOT want to be salespeople.  Since most of us do not want to be subjected to a sales presentation it is understandable that many people would not want to do to others want they personally avoid having done to themselves.  Yet earning income is derived from the exchange of value (money) so anyone wanting to have money flowing toward them needs to find a way to make it happen in a way that can also enhance the quality of their lifestyle.


Earning money in and of itself is usually not the true long term goal in that it may require the trade off of your time being devoted to performing the tasks that others are willing to pay for.


True economic and time freedom allows for earnings to benefit you without your direct involvement.  And one of the ways that can happen is to arrange for your money to earn more money... that form of "like attracts like" is where the power of compound interest can be very powerful.


The basic financial Rule Of 72 is a quick way to determine how many periods of time it takes for an amount of money to double at a particular interest rate.  Understanding the rule moves you in the right direction, applying the rule for your own financial benefit can put money to work for you in such a powerful way that you can obtain time freedom... your money can continue to work as hard for you as you did for it!


Many people attempt to benefit from the process of growing money over time, yet the timeframe may be too long to allow the compounding to happen quickly enough to provide both the time and economic freedom desired.  For example, a certificate of deposit earning 2% annually would double in value in 36 years (the average 5 year yield has been about .86%, so that works out to be approximately 83 years to double in value). Since many of us do not consider ourselves (nor desire to be) experts in the financial markets (yes, we want the profits, but we do not want to devote the time or have the temperment to do the actual work) it might make sense to figure out a way to position ourselves to benefit from their specialized skills and then let them do the actual work.  How can that be done? Here is your access to a free portal that provides enough information to put you on the path that can provide a way to compress timeframes for growing your money.


I invite you to devote some time to seeing just how much of an impact this information can have.

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