LOW-COST FRANCHISES TO FUND YOUR RETIREMENT

“Quit feeling sorry for yourself, make shit happen” – Unknown.

DISCLAIMER: Links in this post may contain affiliate links. Please read our disclosure policy here.

Many Americans love the idea and fantasize about one day becoming their own boss. Too many of them are realizing that they don’t have enough money saved for retirement.

On that same token, they are scared of failing by starting their own business. Losing their savings and digging a deeper hole for themselves.

One way to avoid that is by buying a proven concept, rather than starting a business from scratch.

That means, buy a franchise.

The thing is, many of the well-known franchises today, come with a hefty price tag. But I will give you a few low-cost franchises that can help you achieve your goals of financial freedom.

Note: In order to get more details on these franchises, read this article on CNBC.

Since we are talking about low cost, we will begin with our highest “low cost” on this list and work our way down.

1. United Country Real Estate

          With 443 franchises in the U.S., this franchise has a start-up cost of $15,000. Royalty fees range from $1,200 – $2,400 per month.

2. Rhea Lana’s

          With only 89 franchises in the U.S., this franchise also has a start-up cost of $15,000. Royalty fees range from 1% – 3% of gross sales.

3. Image One

          It has 103 franchises in the U.S and has a start-up cost of $15,000. Royalty fees are 10% of annual gross revenue.

4. Help-U-Sell Real Estate

          It has 102 franchises in the U.S. and has a start-up cost of $15,000. Royalty fees are 6% of gross commissions.

5. Motto Mortgage

          It has only 70 franchises in the U.S., with a start-up cost of $12,000. Royalty fees are $0 for the first 6 months, increasing to $4,500 per month after one year in business. With Real Estate heating up the way it is, the low amount of franchises and the low start-up cost makes sense for a great investment.

6. Cruise Planners

          Has 2,569 franchises in the U.S., and a start-up cost of $10,995. Royalty fees range from 1% – 3% of gross commissionable fares. Competition is a bit steep here with over 2K franchises open.

7. TSS Photography

          Has 176 franchises open in the U.S., and a start-up cost of $10,500. Royalty fees will depend on print production costs which varies by state.

8. Showhomes Home Staging

          Only 55 franchises in the U.S., and a start-up cost of $10,000. Royalty fees are 10% of annual gross revenue. Again, Real Estate is hot lately and this investment has a lot of upsides. Not too many franchises to compete, low start-up cost and a very generous royalty program.

9. Complete Weddings + Events

          Has 192 franchises in the U.S., and a start-up cost of $10,000. Royalty fees are 8% of annual gross revenue.

10. Dream Vacations

          It has over 1,200 franchises in the U.S. and the lowest start-up cost at $9,800. Royalty fees range from 1.5% – 3% of annual commissionable sales.

As you see, some of these franchises are well known with over 1K franchises up and running in the U.S. Others, are rather new which will give you an edge to really reach your financial freedom once people get to know you and trust you with minimal competition.

I prefer to receive my income from the (I) Investor quadrant but nothing wrong with being your own boss and be part of the (B) Business quadrant. Both quadrants come with great benefits from a tax perspective.

If you want to learn more about the Cash Flow Quadrants, tax benefits and much more, get your hands on this great book “Rich Dad Cashflow Quadrant” by Robert T. Kiyosaki.

For more on the (I) Investors quadrant, you can learn about:

Real Estate:         

                    Rich Dad Poor Dad: What the Rich teach their kids about money

                    Retire Young, Retire Rich

                    The ABCs of Real Estate Investing

Stock Investing:  

                    The Intelligent Investor

                    How to make money in Stocks

Tax loopholes:

                    Tax-Free Wealth: How to build massive wealth by permanently lowering your taxes

These books have empowered me with the knowledge to set myself and my family for success in the future. The small investment I paid for this type of knowledge, has paid dividends a lot sooner than I expect. The difference is knowledge by itself, is not power. Knowledge with action is power.

Set yourself for success!

To our wealth! Leave your comment below.

Remember, it’s all about the road to wealth. If you liked it, pay it forward. Don’t forget to share it on social media and help others become successful as well. There is plenty of room for all of us. In the end, your success will only depend on you and not what others do.

Follow me on TWITTER, PINTEREST, INSTAGRAM, LINKEDIN, FACEBOOK for more posts and updates.

If you have any questions, you can reach me at questions@road-to-wealth.com

10 EASY WAYS YOU CAN EARN PASSIVE INCOME EACH MONTH

“Every day you have the chance to build your day better” – Alex Saenz

DISCLAIMER: Links in this post may contain affiliate links. Honesty above all. Please read our disclosure policy here.

Photo by rawpixel.com on Pexels.com

Welcome back, Friends! Yes, I consider you all my friends. Why else would I be trying to help you make money?

Do you know what makes us closer? It is our goal. We all have the same goal to become rich, not just look rich. And here, I will show you how I went about to reach my goal. I personally own every single one of these accounts. Managed by me and now published to you all, so you can take advantage of it too.

Always looking to do better in life, my parents did a great job raising me, but never had anyone to really guide me in the right direction to reach my goal as a millionaire. Until one day it clicked for me! Each person has its strengths and weaknesses. So, what if I learn what each successful, wealthy person I meet, do good? Oh yeah! The results are amazing. We will start from the most profitable to the least, but don’t get that word wrong here; “least” still makes easy $30-$60 every month and I only spend about 5-6 hours each month on it. There more time you give it, the better results you will get.

Let’s get started!

1. Earn 3-8% with minimal effort

Stop paying more in monthly fees than what you receive on interest. Become the bank and earn interest each month on your money. Just like banks, we will use one of the oldest ways to earn passive income. Through LendingClub.

Historical interest earnings are 3-8%, although there are ways to weed out possible bad loans. I like to put my probabilities on my side.

My risk or the most I can lose if anything goes wrong is $25. My profits are much bigger than that.

So far, my readers that have the best results, are the ones that started with $5,0000 because they also get a $75 dollar bonus. That translates to 3 free loans that will earn you money and you didn’t spend a dime on them. Obviously, you don’t need to start with that amount, $2,500 is what the platform suggests be ideal in order to diversify.

Some restrictions apply. Get your account here.

2. Invest and get Free Stocks

I opened an account with this platform that is disrupting the brokerage industry by offering commission-free trading and one free stock when you open an account.

Robinhood is a U.S. based financial services company in Menlo Park, California. I make money in 3 different ways with them.

* Bought dividend-paying stocks

* Capital gains

* Free stocks every time my friends join

It is a very basic platform, but it beats the purpose if you are like me. With a full-time job and no time during the day to trade in and out. Slowly but steady wins the race.

Get your account here.

3. Grow your oak!

With this app, I effortlessly saved $479 in 2018, profit with capital gains and dividends. Today, my account seats at $669. Not just that, but if you buy through the app at your favorite brands, you get free money deposited into your account.

Acorns is a very simple app to use and set up. It lets you save, invest, generate passive income and get cashback, all in one place.

Invest as little as $5 every month, get your round-up feature set up with your credit or debit card and get a $5 Bonus when you sign up.

Get your account here.

4. Get paid to test apps

You already use apps on your Smartphone. Now, you can also get paid to try new apps.

Appcoiner connects you with companies developing apps.

It costs thousands of dollars for app developers just to see their app fall to the bottom of the app world and never be heard of. They are willing to pay people like you, for trying out their apps and giving back an honest review. As simple as that!

Get your account here.

5. Become a Landlord without the hassle

Technology can help you in tremendous ways. Today, you can become a landlord, and benefit from investing in real estate without needing hundreds or thousands of dollars. A small $500 investment can get you started.

Fundrise is a platform for real-estate investing, that splits your money between two portfolios that support private real estate in the United States.

You can set it up for income, capital gains or a mix of both. Get paid from renters all over the U.S.

Get your account here.

6. Unlock your phone and get paid

Every morning, I get paid to unlock my phone. This app partners up with brands willing to pay people like you and me, to look at their ads.

S’more is the name of the app, and it sounds very tasty.

You can make extra money by watching short 15-30 seconds of ads and doing surveys. Totally optional.

Get your app here.

7. Bank $90 for holiday shopping

One of my readers’ favorite and mine also. It has a wide variety of ways to make money.

Swagbucks will let you earn by watching videos, answering surveys, doing daily tasks, searching the web and many other ways.

Get a $5 bonus when you sign up and earn 2,500 SB within your first 60 days.

Get your cash into your paypal account or redeem it with a gift card. The choice is yours.

Get your account here.

8. Keep walking Johnnie Walker

This app is aiming to help improve health by paying people to walk outside more often.

Sweatcoin is an app that lets you gain money daily depending on how much walking you do. It has different levels and daily bonuses. Super easy and super simple. Get paid for walking.

Get your app here.

9. Scratch and win money from your phone

What is more satisfying than buying a scratch-off ticket at the gas station and winning? Well, playing scratch-off for free on your phone and winning!

You can play and earn for free with Lucktastic (sorry iPhoners, Android only).

Lucktastic is supported by advertising, allowing high payouts and free games. They say instant wins range from $1 to $10,000. Besides cash, there are also tokens that you earn and you can redeem free gift cards from big retailers.

Get your app here.

10. Get paid for your opinion

This app pays you to watch movie previews, celebrity videos, the latest news, searching the web but mostly answering surveys. They also have other ways to earn money but we cover that in another article.

Inboxdollars is the app we use. Availability is subject to change but it is completely possible to earn up to $200 a month from watching videos and giving your opinion.

I don’t have much time to spend on this, due to work and other projects I’m currently working on and still was able to pull $43 for January and $65 for February. Imagine what you can do if you have the time.

Easy, passive income from home.

Get your app here.

Well, there you have it. 10 easy ways you can earn passive income each month. I hope it helps.

Remember, it’s all about the road to wealth. If you liked it, pay it forward. Share it on social media and help others become successful as well. There is plenty of room for all of us. In the end, your success will only depend on you and not what others do.

Follow me on TWITTER, PINTEREST, INSTAGRAM, LINKEDIN, FACEBOOK for more posts and updates.

If you have any questions, you can reach me at questions@road-to-wealth.com

The Smart way of obtaining a FREE stock like Apple

DISCLAIMER: Links in this post may contain affiliate links. Honesty above all. Please read our disclosure policy here.

Photo by rawpixel.com on Pexels.com

Everyone likes FREE stuff. Imagine getting a FREE stock on companies like Apple or Coca-Cola.

Well, today everything is possible. And I have a way to do just that.

But first, do you know how to create a WEALTH mindset?

W – Write down what you want

E – Envision your goals

A – Affirm your dreams

L – Listen to your gut

T – Take action

H – Help others do the same

Ever dreamed of becoming a trader and making money on the markets, this is your lucky day. This company is marketed as a commission-free stock trading product. Yes, you heard that right. You can buy and sell stocks commission-free. And they will give you, completely free, a stock when you open an account with them.

Why?

Because in English folklore, there was an outlaw that took from the rich and gave to the poor. And that is exactly what Robinhood is doing!

They are disrupting the brokerage industry by offering commission-free trading and a free stock when you open an account. Finally! Someone on the average Joe side. Now, every penny is a gain and you have no one picking through your pockets.

How do I know this?

Because I put my money where my mouth is! Just like you, I have a goal. The goal is to become rich, not just look rich.

Robinhood Markets Inc., is a U.S. based financial services company in Menlo Park, California. The company also offers a smartphone mobile app, which allows you to invest from anywhere in the world as long as you have internet available.

Remember, it’s all about the road to wealth. If you liked it, pay it forward. Share it in social media and help others become successful as well. There is plenty of room for all of us. In the end, your success will only depend on you and not what others do.

Follow me on TWITTER, PINTEREST, INSTAGRAM, LINKEDIN, FACEBOOK for more posts and updates.

If you have any questions, you can reach me at questions@road-to-wealth.com