23
Jul

Merry Riana's Income Generator Account

Today I want to share with you about my Income Generator Account.

I usually allocate around 20% of my income into my Income Generator Account.
I use the money in this account ot build Income Generators for me.
For those of you who are not really familiar with the concept of Income Generator, you can read my book 'A Gift From A Friend'. My book is available at all the major bookstores in Singapore, Indonesia & Malaysia.

Basically, Income Generator is something that generates recurrent income for me, even though I may not be doing anything much to actually work for it.

Let me give you a good example of an Income Generator.
I have a couple of properties that I rent out to tenants. One of it is being rented out at $2500 per month.
After paying all the expenses (i.e. installment, maintenance, etc), I still earn $1000 left every month from that rental property.
I don't need to even think about it, and I will still get $1000 nett from this particular property every single month, without fail. :)

 

This is what I called an Income Generator.
So, I use the money in that I gather in my Income Generator Account to create even more Income Generators in my life.
 


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About Merry Riana

Merry Riana is a Millionaire Entrepreneur, Best-Selling Author and Motivational Speaker.In just a short period of 4 years after her graduation, Merry has earned more than S$1,000,000 through her business. This achievement is featured as an article titled ‘She’s made her first million at just age 26’, in The Straits Times on 26th January 2007. In October 2010, Merry was conferred the Great Women of Our Time Award. As an icon in the regional, financial, and educational communities Merry has broken down barriers to become one of the most admired and watched individuals in the media today. visit www.MerryRiana.org to read more about Merry Riana
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