6 Good Reasons why you need to get paid everyday like the Rich!!

Have you ever questioned yourself why you need to live within your means?  Have most financial planner and institution talked about how you should live with the word "budget" in mind?   Are you being paid hourly or a salary that you receive every 2 weeks or monthly?  Than you are definitely not alone.

Most people in the U.S. work as an employee or as self-employed individual.  Whether government entities, huge corporations, private businesses, or the service sectors, we almost have to wait days, weeks, and months in order for us to get paid.  The word "Budget" thus become an important part of our vocabulary as we go through our everyday life.  Now imagine your world where you are receiving a check, bank credit, or cash money at the end of the day, everyday, that is equivalent to what you would normally receive with a paycheck at the end of 2 weeks.  Also imagine if this income everyday that you receive grows, and grows as time passes on.  Now you may ask youself, is this really possible?

I would say to you "Yes" this is possible, but it generally would not involve a person being an employee, salary, or self-employed.  Now there are exceptions such as rich salaried positions such as a CEO of a multi-million dollar company, or highly paid athletes such as Lebron James. You get my drift right?  Most middle-class Americans will probably not fall into this highly paid positions.  Getting back, how do we attain getting paid everyday like the rich does? 

By starting your own business.  

You may ask, What if I fail?  Isn't starting a business risky and expensive?  I would say to this it depends.  A start-up lawn cutting business require more time than money and you may get paid everyday on it.  You may start-up your own franchise business which requires royalties, initial buy-in, and monthly dues that tend to be quite expensive.  So, It does vary depending on the startup business you have your eye on. You may also join a direct business models such as MLM (Multi-Level Marketing) and receive business skills and guidance from members. This form of business require buy-in memberships with product to sell thereafter. Again, whatever you decide on, decide on something atleast.

Why do we need to start our own business?  I'll give you a few 5 good reasons.

1. Time: After a few short years growing your own business, you can buy your own time to spend with whatever you decide to spend it on.
2. Control:  Boss, Managers, Supervisors will be a thing of the past. Sorry, IRS is still on your back even as business owners. However, many tax benefits are enjoyed by the rich not seen by middle class americans.
3. Money: Getting paid everyday beats getting paid once a week, every 2 weeks, monthly, or even yearly.
4. Inflation: As Inflation keeps going up, prices of goods follow. With today's economy, salary hourly wages, and comissions keeps going down, thust inflation affects our dollar spending capacity.
5. No more "budget":  What!! is this real!! No sorry, the rich still do have a budget in mind. however, I would assume it looks much different from yours and mine.  Their budget possibly does not necessarily deal with the everyday "house budget" rather they deal with business operational, asset, liability budget.  So in essence, yeah!.. no more focus on "house budget."
6. Experience: Once you taste earning income everyday, you will never go back to your old job and career no matter what the setback you will experience with owning your own business. 

Again, being in business is not for everyone.  However, for those who does try to swim in this vast and competitive world, the payout in the long run is worth the risk. I believe not owning or controlling your own destiny is alot riskier than any business you may have a chance to develop for yourself.  So, try one out, your future may depend on it.

How I Became a Real Estate and Insurance Agent part 1 of 3.....

First of all I'd Like to thank Nurses. 

I respect their profession and convincingly believe that they are one of the hardest working profession I came to know.  Now, why would I start thanking Nurses and the Nursing Profession? Well, because I almost became one.  I was studying to become a nurse back in 1998 and was literally 3 months away from graduating with a Bachelors of Nursing from the University of Nevada Reno in the year 2000.  Many of my classmates did not understand why I suddenly switched majors right before graduation.  But the truth is, I learned something about myself during those times in Nursing School.  I learned that being a Nurse require you to be passionate with the task at hand in the hospital.  I learned that you must love being a nurse to become one.  Even though I was passing with A's and B's throughout my nursing classes, I did not feel the passion (as a Nurse) to do this for a living.  I know that the pay is good and the profession is stable, but I seriously felt this was not my calling.  I prayed to God hard about what I should do next, and ultimately graduated 2 years later with a Bachelors Degree in Psychology and a minor in CIS (Computer Information Systems) at the age of 26. 
     Not to bore you with too many details, but by the age of 25 I have already received my Real Estate license. At first, I did not take Real Estate all that serious.  I attended Real Estate school (while in college) and felt that this is a profession for adults 50 years of age and over.  I sat in the class, and behold, most of the people are indeed 50 years and over.  Many of them wondered what the heck am I doing in the class room.  Whenever someone asked me, I would say " I am doing this to assist my Dad who happens to be in Real Estate as well."

By the time I graduated from college in 2002, the Real Estate Market was starting to pick up.  I was averaging 1 transaction a month (not bad at the time) and received production awards from my Real Estate Broker. I also took an interview job with Farmers Insurance right before graduation and the company decided to take me in as well.  Let me tell you the story how I got hired.  2 months before graduation, around March 2002, my Dad showed me a Reno Gazzette advertisement for Farmers Insurance.  He knows that I was looking for a job in the banking industry during that time, but felt that a career in Real Estate and Insurance will serve me well.  I called the advertisement and talked with the Assistant District Manager at the time named Bobby Turner.  The conversation went something like this (As I remembered it) :

Erwin: Telephone call. Bobby: "Hi, This is Bobby how can I help you?"
Erwin: "Hello, my name is Erwin Sigua, and I saw your ad in the paper looking for insurance agents.  I am 
           about to graduate from UNR, and I am hoping to become a Farmers Agent." 
Bobby: "Well, the position are not usually for someone who is just graduating from college, this may not be
            the career you are looking for." 
Erwin: "Oh, ok, well does it help to say that we have a Mortgage Company and my Dad and I are licensed  
           Real Estate agents?" 
Bobby : "Well, shoot, you should have told me that earlier, how does 1:30 p.m. sounds?"
Erwin: "I'll be there" Click... 

The funny thing was that I honestly believe that I would not have that interview if I was not in the Real Estate Business.  9 years later, I am still in the insurance business and loving it.  Let me end part 1 here.  Part 2 tells you my life as a Real Estate and Insurance Agent during the Real Estate Boom years....