FOR IMMEDIATE RELEASE:
CONTACT:
President and Founder Preston Parker
Cache Valley Area Investors Association
1504 Lynnwood Ave.
Logan, UT 84341
661-772-7537
Financial Independence Is Achievable For All
Cache Valley club teaches community about smart spending
Cache Valley club teaches community about smart spending
LOGAN, Utah- Financial Independence is one thing that many Cache Valley residents, and Americans in general, believe is almost impossible. The idea that you could manage your funds in a way that benefits your lifestyle and allows you to work as you please seems like a dream come true. But it may be much more manageable than just a dream.
A new idea of living off of passive income rather than an active income has allowed many to achieve the goals they striven for in life while working in a career they love. One of these people is Preston Parker, the founder and president of Cache Valley Area Investors Association (CVAIA) he believes that: “Financial independence happens when your passive income is greater than your expenses.” Passive income is when you have money coming to you without doing anything, planning has already been done such as in investments.
A good way to understand how far you are from being financially stable is to ask yourself; "How long could I last if I just didn’t show up to work anymore? When your passive income is greater than your expenses, you can last forever. So now you get to do a job that you love."
According to Parker, students in their twenty's now should be able to achieve this by the time they are about 35. But, to get to that point you have to live below your means. Spend less than you bring in. If you do that for 5 years all of the sudden you have money that you can invest.
Anyone interested in becoming financially independent can begin by reading books such as Rich Dad Poor Dad, or The Millionaire Next Door. Author Dave Ramsey once said: "If you want something you've never had, you'll have to do something you've never done."
As Parker put it, “GET OUT OF THE RAT RACE… by becoming financially independent, then you get to play the fun games in life.”
Along with Parker, CVAIA has 4 other board members. If you are interested in attending a CVAIA meeting they are held every 1st, 3rd, and 5th Thursday of the month at the Chamber of Commerce. More information and contact information can be found at Facebook.com/cvaia.
If people learn the right mentality and approaches to investing, they can be successful in what they desire. People should be able to spend their time doing something they love, not just a job that provides and income. Passive income largely make this possible. There are many organizations with the stated goal of helping people understand the relationship between assets, liabilities, income, expenses. They practice the methods found in the ideologies of books including Rich Dad Poor Dad, The Wealthy Barber, The Millionaire Next Door, Atlas Shrugged, The Automatic Millionaire, and The Secret.
Cache Valley Area Investors Association (CVAIA) teaches people how to increase passive income. CVAIA embraces the Law of Attraction, Law of Abundance, and Law of Exchange. CVAIA began in August 2007 and now has members from many geographical locations and from all walks of life. The members come together with the same belief: That education mitigates he risks of investing.
A new idea of living off of passive income rather than an active income has allowed many to achieve the goals they striven for in life while working in a career they love. One of these people is Preston Parker, the founder and president of Cache Valley Area Investors Association (CVAIA) he believes that: “Financial independence happens when your passive income is greater than your expenses.” Passive income is when you have money coming to you without doing anything, planning has already been done such as in investments.
A good way to understand how far you are from being financially stable is to ask yourself; "How long could I last if I just didn’t show up to work anymore? When your passive income is greater than your expenses, you can last forever. So now you get to do a job that you love."
According to Parker, students in their twenty's now should be able to achieve this by the time they are about 35. But, to get to that point you have to live below your means. Spend less than you bring in. If you do that for 5 years all of the sudden you have money that you can invest.
Anyone interested in becoming financially independent can begin by reading books such as Rich Dad Poor Dad, or The Millionaire Next Door. Author Dave Ramsey once said: "If you want something you've never had, you'll have to do something you've never done."
As Parker put it, “GET OUT OF THE RAT RACE… by becoming financially independent, then you get to play the fun games in life.”
Along with Parker, CVAIA has 4 other board members. If you are interested in attending a CVAIA meeting they are held every 1st, 3rd, and 5th Thursday of the month at the Chamber of Commerce. More information and contact information can be found at Facebook.com/cvaia.
If people learn the right mentality and approaches to investing, they can be successful in what they desire. People should be able to spend their time doing something they love, not just a job that provides and income. Passive income largely make this possible. There are many organizations with the stated goal of helping people understand the relationship between assets, liabilities, income, expenses. They practice the methods found in the ideologies of books including Rich Dad Poor Dad, The Wealthy Barber, The Millionaire Next Door, Atlas Shrugged, The Automatic Millionaire, and The Secret.
Cache Valley Area Investors Association (CVAIA) teaches people how to increase passive income. CVAIA embraces the Law of Attraction, Law of Abundance, and Law of Exchange. CVAIA began in August 2007 and now has members from many geographical locations and from all walks of life. The members come together with the same belief: That education mitigates he risks of investing.
Media Contact: Annie Jackson
Annie.grace.jackson@aggiemail.usu.edu
(123)456-7890
-END-
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