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Why You Should Forget Everything You Learned About Income! by teutonium

View this thread on: hive.blogpeakd.comecency.com
· @teutonium · (edited)
$2.96
Why You Should Forget Everything You Learned About Income!
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![coffeseparator bigger.png](https://steemitimages.com/DQmbFPcudXwq6sAupKJkyLVMjbZST2wdq7Hjh4NdGFNn85D/coffeseparator%20bigger.png)

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<h3>Income...</h3>

Income, that magic stuff that enables us to buy stuff! Income... something that we all wish we had more! Income something that enslaves us to the 1%!

We live in a very materialistic society where everyone is trying to flex their own money at each other for no reason! I see people buying expensive cars just to make their own neighbors envy them! I see people buying expensive houses just to make their own neighbors envy them! And all this for what?


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Buying stuff, wasting money away, trying to get more, buying stuff, wasting money away, trying to get more... it's all a cycle! A cycle that enslaves us to the banks and to the big enterprises! We are slaves to the big enterprises of the world! And you know what their best tool at enslaving us is? School! Or at least the way we are formatted to see school!


 

<h4>Why do people go to school?</h4>

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People go to school to learn stuff? No! Most people go to school to get a good job that makes them a good amount of cash! A job that is basically trading their life for money! Schools are what the big enterprises use to create workers, slaves! Workers that trade their life for money only to retire at the age of 60-70 and live the rest of their days paying medical bills!



Schools don't teach us the good stuff! The stuff that the 1% know! Those secrets are mostly only passed inside their own families! But some of those secrets get out! And today I'll tell you something that the 1% know but isn't taught to the other 99%! Income!

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![](https://cdn.steemitimages.com/DQmVARnMU2toc9nFPU6x4VXqszP1BZDj1YwgqD2SwBcE2jn/image.png)

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The 1% have a different way of generating income! And I'll tell you all about it! I'll even tell you how STEEM comes in all of this! But first... let's discuss the different types of income!

Income just like us isn't all created the same way! There are different types of income! Today let's talk about the main 4 kinds of income!

* <b>Linear income</b>

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Linear income is the income that most people generate! It's the income that is taught to us in school! It's the income that our parents teach us to get because they are also getting it! Linear income is trading our life for money!

Let's say you work 40 hours, you get paid 40 hours! Let's say you work at a fast food chain and your salary is... 7 bucks an hour! That's what your life is worth, each hour of your life is worth to the big corporations 7 bucks! They are literally putting a price tag on someone's life! Disgusting if you ask me...



* <b>Leveraged income</b>


Now we are getting to the good stuff! Leveraged income isn't taught at school! And if for some reason you start talking about leveraged income people call you lazy! Leveraged income is working once and getting paid for months, sometimes years without putting any more work in!

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Writing a book! When you write a book and put it up online that book will sell for months, years! And each time the book is sold you get a paycheck back! Without doing any work! The same thing for creating an online course, song or inventing something! There are people that live off of the money they generate from selling songs that they created back in the 90s, 80s, 70s! And they don't have to put any more work in!
 
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Having a franchise or company can also be leveraged income! Once you automate that company to the max, you can put in 4 or 6 hours of work a week and get massive returns for months! Just look at Shopify! You create a store and once the business is off the ground it will survive just by word of mouth and some adds!

* <b>Passive income</b>

Passive income! The line between passive income and leveraged income is sometimes very blurry! Sometimes passive income can be considered a myth! Let me tell you why!

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Passive income is supposed to be money that gets into your account without you doing anything! Just sitting on your ass and that's it! Like dividend stocks, like renting a house, etc... but is this even doable?

Let's go with dividend stocks! If you put money into a dividend stock you need to at least check it once every couple of years to see the progress the company is doing! Maybe they are going downhill and they will take your money with them! Maybe the whole market crashes and you need to remove your money or you will lose it! So, you still need to put some work in!

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![](https://cdn.steemitimages.com/DQmXVgrwgkmoepGcU2AmucDRVEzGjXzqXrxuPs4UxgTDWq5/image.png)

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Let's go with renting a house! Yes, rent will create passive income! But you as a landlord will have to fix all the stuff inside the house and pay for it! Maybe the house is in need of some painting! You will need to get a couple of guys or girls and get them to paint the house! It's your responsibility! So, you still need to put some work in!

Passive income to me is a myth, you will always, sooner or later have to put some work in or you might lose all your money... but, just for the sake of it, let's describe passive income as the income you invest in and get returns for years, decades, without worrying about what is happening! Even in the renting a house example you can get a guy to be the house's landlord, and you will only check it once every decade!

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![](https://cdn.steemitimages.com/DQmVaDk5x8rSKRC6pu4FHLztLc1mJ3yrVvaDFMx5LAgWygw/image.png)

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* <b>Windfall income</b>



Windfall income! The income that you generate from appreciation! Appreciation of stocks! Appreciation of houses! etc...

Now let's take a knee and do an exercise... grab a piece of paper and write down all your income and put it into these categories that I just told you about... <i>Go on, I can wait</i>

Now, check the paper... what do you see?

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If you are part of the masses most of your income will come from linear income! You are selling your life away to buy materialistic things! Do you know what being part of the masses means? It means you are one more slave in this factory that we call capitalism! Not only are you buying the products but you are also the one creating the products! You create and consume! A vicious enslaving cycle!

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![](https://cdn.steemitimages.com/DQmXn1GhEZasXMSiwgjYG6nHkKNDC6Q46vrZAj2oAjhu166/image.png)

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But wait... maybe you are not part of the masses! Maybe you know the things that the 1% knows! Do you know what it is? Most of your income comes from passive and leveraged sources!

This the thing that the 1% don't tell us! To get to their level you need to stop trading your life for money! Most of your income should and MUST come from passive and leveraged sources! 

Yes, you will always need to put some linear work in so that those sources don't crash and die out... but this is the way it works! And the more linear work you put in, the more your passive and leveraged incomes grow!


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![](https://cdn.steemitimages.com/DQma3245tu47qY7qV6dNDXxRCWKs1SXfGZtTAGYDpKJ6BxD/image.png)

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Now, where does STEEM come in all of this?

Steem has all types of income, in my opinion!

Linear income in steem is generated by creating a post or commenting! You put some work in and you get rewarded, in the form of upvotes, for that time! Linear income!

Leveraged income on steem is generated through networking, you invest some time into knowing people and, not only will you get a couple of good friends, you also get a loyal followers base that likes to read your content!

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![](https://cdn.steemitimages.com/DQmaq9u4A4Ckch46Htdx9VHTf5JMQj2CGUdFdGzSaLeRzZA/image.png)

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Passive income on steem comes from the inflation, curation, and leasing! 

Just by having SP you get an inflation on your SP! You can get to a point where you can live off of your inflation SP!

At the moment the inflation is 8-9%, steem is at 1,5$, a normal person can live a normal life on 1000 bucks in most countries, doing some math, by having 88.888 STEEM you get enough each month to live, just from inflation!  I hope my math is right, haven't done much math lately...

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![](https://cdn.steemitimages.com/DQmVZiodX56rM3Sg6cev6hmCmWx1WAicuJkxxihHMm6bb7V/image.png)

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You can also automate your curation through a service like steemauto, or sell and lease your votes to a service like minnowbooster! By doing this, not only will you get the inflation, but you will also get STEEM back! And you won't have to do any work!

Windfall income! Oh yes, this is where all the "to the moon" "when lambo" people will get a raging hard-on! The crypto market is something new! Is something progressive! And is here to stay!

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![](https://cdn.steemitimages.com/DQmX9onZwja9NZX4WPfNnJYTXaV8FJRb1SDiLP2FurDHLrq/image.png)

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I think STEEM is highly undervalued, maybe it won't be 1500 bucks like I see some people saying, but it'll for sure rise in price with all the other cryptos! It's a project under construction! And, depending on the community, STEEM can survive the crash and burn that is going to happen sooner or later to most of the cryptos!

Since STEEM is highly undervalued, in my opinion, it means that we also get some income from the appreciation of STEEM! That also means that our linear, leveraged and passive income will rise with this appreciation!







Images Free Source - [1](https://pixabay.com/pt/gols-configura%C3%A7%C3%A3o-escrit%C3%B3rio-2691265/), [2](https://commons.wikimedia.org/wiki/File:Veterinary_symbol.jpg),[3](https://commons.wikimedia.org/wiki/File:Coffee_cup_flat.svg),[4](https://pixabay.com/pt/silhueta-reimpress%C3%A3o-pata-p%C3%A9-tra%C3%A7o-1314467/),[5](https://pixabay.com/pt/impress%C3%A3o-da-pata-patas-imprime-941498/),[6](https://pixabay.com/pt/m%C3%A9dico-medicina-homem-m%C3%A9dica-2025726/), [7](https://pixabay.com/pt/dinheiro-lucro-finan%C3%A7as-neg%C3%B3cios-2696228/), [8](https://pixabay.com/pt/dollar-moeda-capitalismo-fundos-2091737/), [9](https://pixabay.com/pt/visto-neg%C3%B3cios-comprar-cart%C3%A3o-3082813/), [10](https://pixabay.com/pt/laptop-computador-navegador-2562325/), [11](https://pixabay.com/pt/fardo-pesados-homem-sobrecarregado-1296754/), [12](https://pixabay.com/pt/tempo-empres%C3%A1rio-tablet-engrenagens-2676366/), [13](https://pixabay.com/pt/ligue-desativar-compra-loja-2923047/), [14](https://pixabay.com/pt/panda-personagem-chin%C3%AAs-macarr%C3%A3o-1892023/), [15](https://pixabay.com/pt/airbnb-apartamento-aluguer-logotipo-2384737/), [16](https://pixabay.com/pt/empreendedor-id%C3%A9ia-compet%C3%AAncia-1340649/), [17](https://pixabay.com/pt/infinito-circuito-loop-oito-2155823/), [18](https://pixabay.com/pt/rich-homem-neg%C3%B3cios-dinheiro-2516124/), [19](https://commons.wikimedia.org/wiki/File:Steem_logo.svg), [20](https://pixabay.com/pt/conselho-quadro-negro-economia-1193333/), [21](https://pixabay.com/pt/best-seller-vendedor-carimbo-red-158885/), [22](https://pixabay.com/pt/em-constru%C3%A7%C3%A3o-canteiro-de-obras-2891888/)

![coffeseparator bigger.png](https://steemitimages.com/DQmbFPcudXwq6sAupKJkyLVMjbZST2wdq7Hjh4NdGFNn85D/coffeseparator%20bigger.png)

<b>Question of the day:</b> What type of income do you have? Are you trying to create more passive and leveraged income? If you are then by doing what?

![Footer Template.jpg](https://cdn.steemitimages.com/DQmUoqBqqpcDjBp3ENF26xgb7BWMUGYADgD2Xw535tesyNP/Footer%20Template.jpg)

![coffeseparator bigger.png](https://steemitimages.com/DQmbFPcudXwq6sAupKJkyLVMjbZST2wdq7Hjh4NdGFNn85D/coffeseparator%20bigger.png)
<b>Get More and Higher Upvotes: [Steemfollower](https://steemfollower.com/?r=13964)
Convert your Bitcoin to EUR/USD : [Coinbase](https://www.coinbase.com/join/59bdc7b8e06d7b00b14b085a)
Buy all kinds of Cryptocurrency: [Binance](https://www.binance.com/?ref=17269602)
</b>![coffeseparator bigger.png](https://steemitimages.com/DQmbFPcudXwq6sAupKJkyLVMjbZST2wdq7Hjh4NdGFNn85D/coffeseparator%20bigger.png)


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vote details (39)
@filotasriza3 ·
My income is linear..... sadly.... The plan is everything else but linear :p Only time will tell. In general it's pretty hard to generate money with the other ways or you need to be extremely lucky. Most of the guys that are in 1% i bet they obtained their money through illegal ways.

Also i wanna point out that your post wasn't only extremely interesting but very well-written too
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@teutonium ·
My income is linear too, but i already have 3 sources of passive, leveraged and windfall income from EOS, VeChain and STEEM, VeChain is giving me 30 bucks a month! not bad for someone that only started this year xD

Thanks, i wanted to write this post for sometime now, love this sort of stuff, i've even thought about putting some sbd into a voting bot to get some traction, but in the end i won't do it... i want to keep gridning my way up instead of buying my way up
👍  
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vote details (1)
@filotasriza3 ·
You can write a post about Vechain too. For instance, i have no idea about it and was intrigued by the ''30 bucks a month'' so i would like to learn more. 

I think long term using bots will only bring harm. If we let aside for a moment how it destroys the community  just imagine to use it a couple of times and in 2-3 months even a year you write a post about genuine content, not paying to go to the trending page etc etc and someone finds out that used bot in the past. Your credibility and reputation will face a huge hit
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@kriptonik ·
How many ven have you? 30 usd per month, you mean, 30 usd in thor power?
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@kriptonik ·
First: my english grammar is sh*t, sorry.
Then.
The 1% dont know any other valueable thing, what we dont know. This is a myth. The 1%, during the history, get much more political leverage almost everywhere. Political leverage get business leverage, and this get more money. Wich you can use buy more political leverage...
 If you reach a top level, its working without you, the big money makes the big money. More hundred years old tale.

If you dont have a luck, and born a land with parasite-government, you dont have much chance. Almost zero. Private property is not under protection, in front of the law not everybody are equal, and the competition in economy is not fair, because if you have a right friends, you can reach more.
This is the problem, not the big companies. They do, what can they do. The law is the limit, and the law is different in the most countries.

If you think, you are a slave of a companies or money, you wrong.
You are the prey of your own government, which can get rich only against you.
You are slave of your own mind, and the cages in your mind, but that isn't exist really. But you believe, and all of the 1% are happy, if you believe that. And they do anything, what neccesary, including education, yes.

But repeat, isn't the companies. Your own government, and your own compatriot.

In our world, its exist some non-parasite government, like is Switzerland, for example. If your country doesnt make a laws, like in there, you can know, its a parasite-government.
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@teutonium · (edited)
Most of my politicians end up being in charge of the same companies that they made "bad deals" with... facebook sells our own data for a profit, youtube bans most things that aren't politically correct and actual steals content from creators by not monetizing it even though they get money from it, Google makes all the websites follow their own algorithm or they are screwed... It's isn't the government, it isn't the companies, it's both! They are both working together! They have been for many years!

>If you don't have a luck, and born a land with parasite-government, you don't have much chance. Almost zero. 

Not true... I know many that were born under the same parasitic gov I have and many born under the parasitic gov of the USA that was still able to make it, yes they might have to put lots of taxes to their own country, but they have reached a level of unimaginable money! You don't need to be born into money, you can make it! Or do you think most musicians were born into money? You know most of them are the richest people in the world right? Some actually bad mouth governments! Some of the greatest musicians in my country are actually the ones badmouthing the government!

>The law is the limit, and the law is different in the most countries.

Is it? Have you seen many rich guys in jail? The crash of 2008 was because of the banks! Do you know how many people got arrested? ONE! Are you still able to say that money doesn't shelter you from most laws? You never heard of those stories where rich Arabian oil people go to other countries and kill or rape others? Well, I have! It was a big thing in my country some years ago! They left and nothing was done against them!

I don't know where you are from, but I also have a parasitic government but they have a symbiosis agreement with most big companies!


EDIt: Now that i'm rereading your comment i might have read that the wrong way :P It's probably because of the english, try using a translator maybe, back when i first started writing i did the same
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@kriptonik ·
I never use translator. My english is bad, but you can understand it.
Facebook sell your data, but isnt lawbreaking. Their condition wrote it clear. Your data on their page isnt your data. If you doesnt read that... Its your fault.
Google made a censorship, but isnt lawbreaking, because in their condition contain, if your work doesnt good for the goole platform (its mean, isnt pc), they can delete it. If you continue the process, you accepted it.

Its not right, not moral, but its the law. YOU chose that. I dont use facebook. Because i dont want. Thats all.
Not the company is the bad. The law is the bad.

In usa, isnt a parasite gov. Force you to pay your tax, isnt a parasite thing. Its normal, not good, but its normal. If you pay well, its done, you can do anything.

In my country, Hungary, EU, its a parasite gov. Because if you dont have a right friends in a right place, your business cant grow. If somebody from gov want your business, just take it from you. It was happened with many company in the past 10-12 years. Its working like in medieval ages. Its work like in a post-soviet country. Hungary is actually a post-soviet country, but from a little distance, looks democratic and capitalist. But isnt. Not total controll, but not total free.

And well, it is not such a big problem.
Any era, any land, the parasites are exist, and you have all the chance, to avoid them. If you want. If you dont, it is not a big problem too. Sh*t happens :) This is life :)
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@lksingha ·
i agreed @minimining yes there is no passive income actually , i work 2 yeas I'm Network marketing there i have learn to thing mange your time so that you earn, and educate your self and polish your skill so that you earn . 
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@teutonium ·
>mange your time so that you earn, and educate your self and polish your skill so that you earn .

You got some high income skills! With those tools in the belt you can make money in any market anywhere in the world! Those are the best tools to have!
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@minimining ·
I work with affiliate. A lot people say that is passiv income. Yes it is. I earn money when I sleep.
But to get there I  had to work hard. And to stay there I have to work.
Passiv income ? It depend who you ask...
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@teutonium ·
Yup, most people can't do it... that's another topic for another post but in short most people want the money now, they need instant gratification, and because of that they never get to make any passive income... affiliate marketing is one of the things i would love to get into the problem is that i don't have any shop, no twitter following, nothing... and from what i've read on steemit i can't post affiliates or some ill flag...

What approach do you think it's best to create a good business in affiliate ?
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@minimining ·
I only work with affiliate websites. Then a lot SEO work.
I was number one in Sweden at "beanbag". So a lot of people visit my site.
Thats my way. It is hard to work in social media. Not so much passiv - you have to write write write again..
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@minimining ·
"and from what i've read on steemit i can't post affiliates or some ill flag..."
What???  Maybe. But I think it depend how you work.
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@minnowsupport ·
<p>Congratulations!  This post has been upvoted from the communal account, @minnowsupport, by Teutonium - Already Got Byteball from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows.  Please find us at the <a href="https://discord.gg/HYj4yvw"> Peace, Abundance, and Liberty Network (PALnet) Discord Channel</a>.  It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.</p> <p>If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=102530.639667%20VESTS">50SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=205303.639667%20VESTS">100SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=514303.639667%20VESTS">250SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=1025303.639667%20VESTS">500SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=2053030.639667%20VESTS">1000SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=10253030.639667%20VESTS">5000SP</a>. <br><strong>Be sure to leave at least 50SP undelegated on your account.</strong></p>
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