soaringrealtors-blog

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Types of income There are two broad types of income – earned income and passive income. Earned income: This is the income type most of us are familiar with – earning a salary. For many, this is the only way they know. With earned income, you are working for money – essentially trading your time (life) for money. Earned income is essentially ‘no work no pay’. When you stop working, you stop earning. You are only rewarded for your labour. You cannot hire someone to do your work. You have to do it by yourself. You cannot transfer your job to your son or daughter. Your job is not your personal property. If you own a business which pays your salary, this is still classified as earned income. You are still an employee, except that you work for yourself aka self-employed. If you don’t show up for work, the business suffers and income goes down. Passive income: Passive income is an exact opposite of earned income. With passive income, you don’t work for money, your money works for you. You are not trading your life for money, but money for money. Your money does not have working hours. It works 24/7 including weekends, public holidays and during force majeure (strikes / civil disturbances etc). It does not go on vacation or call in sick. The asset is yours and can be transferred to whoever you want. Passive income refers to cash flow from real estate investment, intellectual property like music, books, inventions, patents etc. These are assets you work once to create and if well marketed continues to generate income long after you have stopped working on them. Income from paper assets such as money market instruments (fixed deposits, treasury bills etc), stocks, bonds etc are referred to as portfolio income. Again, once acquired, you don’t have to work for them to yield returns. Your money works for you while you do other things with your time. The rich focus on passive income while the poor and middle class focus on earned income. One income type is not better than the other. It depends on who you are and what you really want. What is important is making informed decisions. If you want to achieve financial independence, then you need to focus on passive income

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DM OR CONTACT DEBBIE FOR MORE INFORMATION ON 08063057249

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Happy Sallah Celebration to all my Muslim Friends and Clients. Wishing you all the best in this season and always. Greetings from SoaringRealtors

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Wealthland Green Estate is just 5 minutes drive from Mayfair Garden close to Greensprings, Lakowe Lagos. For more information please DM or call Debbie on 08063057249 #realestatesinvestment #Housingestatesinlagos #landforsaleinlagos #propertyforsaleinlagos #lagoshomes #lagosestates #lagosproperties #nigeria #usa #canada #nigeriansabroad #buyrealestatebuyrestofmind

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Happy new week ahead!

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You only become what you have told yourself you will become. Happy Sunday friends and partners😘. I decree you the very best in Jesus Name. 💕 #Motivation #sunday #Godoverallelse

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Happy Children's Day to all my babies... Mama loves you all💕💕

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A post shared by Deborah J. Onotue | We Sell Verified Lands And Homes. (@soaringrealtors)

A visit to Dangote Refinery in Ibeju-lekki some days back. You can't say you have land until you have in Ibeju-lekki! DM or contact Debbie on 08063057249 for lands in Ajah, Sangotedo, Lakowe, Epe, Eleko, Ibeju-lekki and environs. . . . #lagos #lagosestates #landforsaleinlagos #propertyforsaleinlagos #lagoshomes

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For more details, please call or DM me on 08063057249 . . . #lagos #lagosestates #lagoshomes #lagosmua #lagosproperties #luxuryhomes #realestatesinvestment #land #realestate #plotoflandforsale #serviceplotsofland #landforsaleinlagos

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One of the vehicles of wealth creation is Real Estate. You do not only create wealth, your wealth is also retained. Make your family proud! Make plans to invest. With 83k monthly for 12 months after a down payment of 200k, you can be a very proud owner of a plot of land in one of the fastest growing cities in Lagos. DM or call us on 08063057249 for more details. . . . . #CedarwoodCity #SoaringRealtors #BuyLandInLagos #LandInLagos #BuyLandInEpe #LandsInLagosNigeria #LagosRealEstate #LagosLands #LagosLandsForSale #LagosLandLords #NigerianBusiness #NaijaMarket #nigerian #Nigeria #nigerianyouth #investinyourself #investinyourfuture #makeyourchildrenproud #buylandsecureyourfuture #millions #islandhousing #weddingparty #therealweddingparty #landinvestors #landforsaleinlagos #lagosevents

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Happy new week!!!

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We are young and we are not lazy. We do legit businesses. We work round the clock to achieve good successes. I'm proud of who i have become. Tag any Nigerian youth you know that is not lazy😊👍😘

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Call or DM us on 08063057249 and let's get started . . . #CedarwoodCity #SoaringRealtors #BuyLandInLagos #LandInLagos #BuyLandInEpe #LandsInLagosNigeria #LagosRealEstate #LagosLands #LagosLandsForSale #LagosLandLords #NigerianBusiness #NaijaMarket #nigerian #Nigeria #nigerianyouth #investinyourself #investinyourfuture #makeyourchildrenproud #buylandsecureyourfuture #millions #islandhousing #weddingparty #therealweddingparty

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CEDARWOOD CITY EPE- This is one of best and fast selling Estate right now. Pay 200k down payment and 83k monthly for 12 months. Call Soaring Realtors on 08063057249 for more information and purchases . . . #CedarwoodCity #SoaringRealtors #BuyLandInLagos #LandInLagos #BuyLandInEpe #LandsInLagosNigeria #LagosRealEstate #LagosLands #LagosLandsForSale #LagosLandLords #NigerianBusiness #NaijaMarket #NaijaBusinessForum #NigerianVendors #Lagos #Nigeria #EpeLagos #weddingparty #therealweddingparty #weddingInLagos

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CEDARWOOD CITY EPE- This is one of best and fast selling Estate right now. Pay 200k down payment and 83k monthly for 12 months. Call Soaring Realtors on 08063057249 for more information and purchases . . . #CedarwoodCity #SoaringRealtors #BuyLandInLagos #LandInLagos #BuyLandInEpe #LandsInLagosNigeria #LagosRealEstate #LagosLands #LagosLandsForSale #LagosLandLords #NigerianBusiness #NaijaMarket #NaijaBusinessForum #NigerianVendors #Lagos #Nigeria #EpeLagos #weddingparty #therealweddingparty #weddingInLagos

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May the Resurrection of our Lord Jesus Christ bring everlasting happiness, love and blessing to you and your family Jesus Name. Happy Easter!!!

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From Soaringrealtors😘