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3 Practical Ways To Financial Independence

First, let's define financial independence. It is the situation where an individual earns an income that is sufficient to lead a very good life style without having to work in a job each day. The key thing about financial independence is the quality of the life style. It could be said that people on security benefits from the government are financially independent. They get their weekly cash each week, without fail, and they do not have to work. The reason why they are not financially independent is because of their life style.

Financial independence means having a freedom from lack. In other words you can do what you want to do, when you want to do it without thought to how much it will cost. People on social security benefits therefore are not financially independent. They are financially Dependant because they get a very small amount each week. So how much is enough?

Essentially, you need enough to lead the life style you want to lead. If you are the type of person that would be delighted with being a hermit, sitting on a hill and meditating and not want for much. Then you really need by this definition very little passive income to be classed as financially independent.

However, if you envisage, luxury cars, homes and holidays to keep you amused and happy. Then you will require much much more. You need to ask yourself this question. How much money do I need each week, to do the activities that will keep me happy. Once you arrive at that figure, you are immediately much more enlightened because now you know how much you need. It could be $1000 a week or $40,000 a week. You also must be honest with yourself and admit to how much effort you are prepared to make to set this passive income up.

With that said, here are 3 ways to financial independence.

1) Start a business that you systemize so it can run itself indefinitely.

2) If you owned assets, you could sell everything you own. If the resulting funds are big enough you could easily just rent a nice home and earn your living from the interest.

3) Start a franchise based on a simple marketing plan.

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...or read another article

A $2000 Dollar Windfall - Doubling It In A Month

posted by 2sdthk9trv26438 @ 11:55 PM 0 comments

Broadband High Speed Internet - Choosing The Right Service

What is broadband high speed Internet? First, let us find the basis for comparison for in-home broadband services, often called consumer class, which is basic dial-up. Dial-up access streams at 56 Kbps (Kilobits per second), and it requires the use of a phone line. One cannot surf and talk at the same time. The cost for dial-up is $10-$25 per month. Reading further, one finds that with broadband high speed Internet, there is no comparison to dial-up Internet.

Satellite broadband has a 400 Kbps downstream and upstream speed.

A satellite connection can be used when DSL and Cable are not available. Unlike dial-up, satellite is an instant connection; multiple PC's can share the connection, and there is no need for a second phone line. Home satellite broadband high speed connections run approximately $60-100/month.

In comparison, DSL has a speed of 128Kbps to 1.5 Mbps downstream speed. 64 Kbps to 1.5 Mbps upstream speed which is up to 50 times faster than dial up, but one still has to have a landline for DSL. Downloading and streaming music, videos, movies, and playing online gaming just became faster and easier. Home-based DSL costs about $40-$50 per month.

Cable modems have 200Kbps to 2 Mbps downstream & upstream speed. Cable modems are always on with instant access, and there is no hassle with having a second phone line. Cable modems have comparable cost to DSL.

Units of Measurement - Broadband Internet Access Speed

bit= smallest unit of digital information, i.e. ones & zeros

byte= a set of bits

bps= bits per second

Kbps= kilobits per second =1000 bits per second

Mbps = Million bits per second =1,000,000 bits per second

Gbps = Gigabits per second = 1,000,000,000 (one billion) bits per second

Tbps = Terabits per second = 1,000,000,000,000 (one trillion) bits per second

Consumer class broadband differs in costs and services offered from high speed Internet for businesses. For instance, DSL for business runs at 128Kbps to 1.5 Mbps downstream, and 64Kbps to 1.5 Mbps upstream for a cost of $90-$400 per month, depending upon the bandwidth speed required.

Another variation of business broad band is Fractional T1. Provided at the speed of 128 Kbps to 1.0 Mbps, Fractional T1 speed has some of the 24-64 Kbps channels turned off. Prices are approximately $220-$500 per month depending on fractional bandwidth required, which includes local loop. Hardware and installation costs vary.

DSL and Fractional T1 can be combined for a broadband speed of 1.544 Mbps using a digital circuit. T1/DS1 is dedicated Internet access, point-to-point or integrated (voice & data). Prices are approximately $500-1000 per month which includes local loop. Hardware and installation costs vary.

Fractional T3, which is 3 Mbps to 44.736 Mbps basic T3 with some of the 67-264 Kbps channels turned off, comes at a hefty price of approximately $3000-$5000/month, depending on fractional bandwidth speed required.

T3/DS3 has a broadband speed of 44.736 Mbps digital circuit. It can be dedicated Internet access, point-to-point or integrated. Prices are approx. $5000-15,000 per month plus local loop. Set up costs will be additional.

Andrew Morris helps you find the best and cheapest broadband high speed Internet service by ...

http://www.broadbandzen.com/broadband_resources.html

posted by 2sdthk9trv26438 @ 10:33 PM 0 comments

Broadband High Speed Internet - Choosing The Right Service

What is broadband high speed Internet? First, let us find the basis for comparison for in-home broadband services, often called consumer class, which is basic dial-up. Dial-up access streams at 56 Kbps (Kilobits per second), and it requires the use of a phone line. One cannot surf and talk at the same time. The cost for dial-up is $10-$25 per month. Reading further, one finds that with broadband high speed Internet, there is no comparison to dial-up Internet.

Satellite broadband has a 400 Kbps downstream and upstream speed.

A satellite connection can be used when DSL and Cable are not available. Unlike dial-up, satellite is an instant connection; multiple PC's can share the connection, and there is no need for a second phone line. Home satellite broadband high speed connections run approximately $60-100/month.

In comparison, DSL has a speed of 128Kbps to 1.5 Mbps downstream speed. 64 Kbps to 1.5 Mbps upstream speed which is up to 50 times faster than dial up, but one still has to have a landline for DSL. Downloading and streaming music, videos, movies, and playing online gaming just became faster and easier. Home-based DSL costs about $40-$50 per month.

Cable modems have 200Kbps to 2 Mbps downstream & upstream speed. Cable modems are always on with instant access, and there is no hassle with having a second phone line. Cable modems have comparable cost to DSL.

Units of Measurement - Broadband Internet Access Speed

bit= smallest unit of digital information, i.e. ones & zeros

byte= a set of bits

bps= bits per second

Kbps= kilobits per second =1000 bits per second

Mbps = Million bits per second =1,000,000 bits per second

Gbps = Gigabits per second = 1,000,000,000 (one billion) bits per second

Tbps = Terabits per second = 1,000,000,000,000 (one trillion) bits per second

Consumer class broadband differs in costs and services offered from high speed Internet for businesses. For instance, DSL for business runs at 128Kbps to 1.5 Mbps downstream, and 64Kbps to 1.5 Mbps upstream for a cost of $90-$400 per month, depending upon the bandwidth speed required.

Another variation of business broad band is Fractional T1. Provided at the speed of 128 Kbps to 1.0 Mbps, Fractional T1 speed has some of the 24-64 Kbps channels turned off. Prices are approximately $220-$500 per month depending on fractional bandwidth required, which includes local loop. Hardware and installation costs vary.

DSL and Fractional T1 can be combined for a broadband speed of 1.544 Mbps using a digital circuit. T1/DS1 is dedicated Internet access, point-to-point or integrated (voice & data). Prices are approximately $500-1000 per month which includes local loop. Hardware and installation costs vary.

Fractional T3, which is 3 Mbps to 44.736 Mbps basic T3 with some of the 67-264 Kbps channels turned off, comes at a hefty price of approximately $3000-$5000/month, depending on fractional bandwidth speed required.

T3/DS3 has a broadband speed of 44.736 Mbps digital circuit. It can be dedicated Internet access, point-to-point or integrated. Prices are approx. $5000-15,000 per month plus local loop. Set up costs will be additional.

Andrew Morris helps you find the best and cheapest broadband high speed Internet service by ...

http://www.broadbandzen.com/broadband_resources.html

posted by 2sdthk9trv26438 @ 3:25 AM 0 comments