So let's have a look at the residual income growth plan. See, before we do modern consumerism teaches us this enjoy your life now, exchange your time for money. So I get a job, but nine to five or whatever, exchange your time for money. Now, here's something Did you know A business has to pay you less than you're worth. Otherwise they wouldn't make a profit. You can only ever have an increase, you can never have exponential increase in money, you can only have a gradual increase as you get more skilled and become more valuable in the marketplace.

So this is what modern consumerism looks like. We need to understand this before we look at the residual income growth plan. It's based on the principle of instant gratification. So if you want to get it now, it teaches you to live at your income level. What do I mean by that? Let's just say you entered and a half thousand pounds a month.

And you increase that to 3000. What modern society says is now you can buy a nicer car now you can buy a bigger house now you can buy a nicer sofa. Now you can buy a better cooker. Now you can buy that fridge your money goes up to three and a half thousand 4000 5000. What happens is you live at that new income level. If anything comes in and affects that income level, you're in trouble.

So that's one of the principles of modern consumerism. And it, it it's a very dangerous, unrewarding way to live especially financially. It might you might be encouraged to save but you're encouraged to play it safe and low income interest savings accounts. You know, you're not taught to invest whatever excess you have in residual income businesses and models. And if you don't have the money right now to know what will lend you it, borrow it. So if you can't afford something now just borrow it don't don't have deferred gratification, just borrow it, get it now meet that need that desire right now.

And we're bombarded with these messages and with this education, you know, this is what all the time is, you know, modern modern consumerism, modern consumerism and residual income escapes from this trap. So, the residual income growth plan is very simple. You live within your means, you practice deferred gratification. that essentially means this, that, your, whatever you desire in your life, you can have but not right now, you have to wait a little bit later. And if you do that, and practice that, then that's one of the steps to be successful. And the other thing we need to do is this.

We take any residual income we've earned. And we're going to take the majority of that. And we're going to invest that in traditional residual income business opportunities. And we're going to show you how that works on a spreadsheet. So let's go and have a look at the five year $6 million plan on a spreadsheet, and show you how you can earn money with a residual income plan and create exponential rises in income. So let's look at the residual income 10% growth model, or what we just called the five years $6 million plan.

Now, just a quick note, the yellow areas are where I've placed formulas and all the formulas that set 10% if you want to play with any of the percentages, you have to go to those yellow areas. Change the percentage, which is normally point one or something like that. show you that. So as you can see D two times 0.1, that's 10%, you want to change it to 20% 0.2 plus two equals that figure. And then you just have to take that cell, drag and copy it down. This spreadsheet, like I said, will be available for you to download and play with.

So you can have a look at this yourself. And then all of the, all of the different areas, you can change those all the different yellow blocks, each of those will affect so if you change one, make sure you match the other have a play, it will make sense. Now let's come back to this. Let's just start in Year Zero Year Zero. You've been running for a little while you've developed you've got an income per month coming into the house standard income of 2500 pounds. Now change it to whichever currency you've got.

You liver and your income levels. But as an example, now the residual income per month is 1000 pounds at this point. Now that sounds a lot, but that is actually not that difficult to get to 1000 pounds a month in residual income, if you're willing to put in some time is not that hard to attain. Obviously, we never make any guarantees of income. When we're showing you this. What we're showing here is an example of how residual income can work.

So, in January year Doc, you will use arrow 2500, we had 1000 pounds worth of residual income coming in at that month at 10% growth. Okay, sorry, there's no 10% growth in the first month we've got 1000 pounds. Now we've taken 100 pounds of that, and we've put that into our income. So we don't want to just put everything into residual income. We want to start maybe having a little bit of freedom, a little bit of extra income for those necessities in life. But that's Left as 900 pounds, which we put into column g into bank savings.

Now, we invest that bank saving, and we get a 10% return on it. Now 10% return doesn't sound sound might sound high. But when you actually think that savings accounts are going to give you three, four or 5%, let's just go property investment and look for a 10% return on our investment. We get 90 pounds. So now our asset value which our bank savings plus a 10% increase is 990 pounds. Now we've used 10% on the residual income per month at 10% growth in group in column D. And this refers to our online residual income.

And we've used 10% in column h with that, which is our offline traditional residual income. And in this instance, we're using the prophecy model as an example. So what we've got here is 10% growth Now, you might be surprised we've come up 10%. But most residual income businesses when run properly run at a much faster rate than that after a certain point of time. So 10% is quite conservative. And obviously there would be a bell curve to that.

So some mums might be 2%, sometimes 20%. But with diligent and hard work would be looking to increase that residual income every month by 10%. And then many different metrics that would do that, that would result in this increase that might be social media marketing, presence, it might be amount of product we're selling and market places we're on. All these different things can increase our ratio, we might start a different residual income businesses so we might start a different one. You know, every few months, there's lots of different ways to achieve attempts and growth. So we come to February of year 02 thousand 500 in the bank is our salary, we know we're safe, we can live on that.

We get a little 100 banks we have 10% growth. So 110 pound gets paid to us that twice. So that's our expenditure for the month. It's not a great increase, but you'll see as it goes along, it starts to exponentially increase. Now, here's where it gets interesting, because we take our residual income from that month and we put it in the bank. Now we've got 1890 pounds in the bank, we invest we get 10% return on our when we say bank savings, we don't literally mean bank, we're just banking there, in the sense of we might invest in property, get 10% return now we've got 279.

Now asset values 2169. But because the the bank savings increase every month, the property investment return increases every month, and the asset value increases and we start to get exponential growth. So we do this for the first year. And then what happens how do we get on when we get to year one. So let's have a look at year one January one would now like to Thousand 500 our residual income is now running at 3138 at 10% growth each month, additional income now we've got 314 pounds going into the household. So now we've got 2814 pounds.

So after one year that helps that's, you know, that's some bills, that's the shopping a bank savings now or, you know, asset capital is 25,100. But we're getting 15,000 return on our 10% because it's, it's been accumulating, and now that month, we have 40,000 pounds worth of asset value. So after one year, we've got 40,000 pounds off us asset value on a small pay rise, year to now our residual income per month at 10% is 9850. So we've got 985 pounds, and we've got For nearly four and a half thousand pounds in monthly salary now so after two years, we've now increased that income 1000 pounds in the house. But what's going into the bank is 98,000. The 10% return what's in the bank is knife as an attempt to get return on that now is it 84 and the combined value is 182,954 pounds sitting in the bank.

What happens at year three, year three, we have 2500. Our residual income now is run at 50,000 pounds a month. We take 10% we've got 5500 no one. Notice now at year three, we no longer need to 2500 to live off you'll see that in year three, we can leave her job. So now two people are investing in the residual income business if that's the way you want to work it we've put 327,000 into the bank, we're getting a 10% return on everything we've invested which has been accumulating over that time. And now we have 590,000 pounds in the bank, asset value may be invested in property or businesses.

E4, we have 2 million pounds in the bank. And year five, we have 6 million pounds in the bank. And all we've done is grown our online residual income by 10% a month. And we've now invested 90% of everything we own online back into our property investment. Now, these figures obviously at this point are very large, and they would even out but I want you to understand the way that residual income can work the way that That interest compounded can actually work. Now, we're not guaranteeing these secrets, we're not saying you're gonna have 6 million, you know, we're not saying you're gonna grow your business at 10% every month, till you get to the point where your residual online businesses own and 400,000 pounds a month.

We're not saying that, but I can tell you this there are people out there earning 100,000 pound a month even more from simple residual income business models and then diversifying and they've only been doing it two or three years. So, these are you know, this is mathematics. This is the way it works. This is what happens when you have you know, compound interest working for you 10% growth rate. These are some of the figures now, if you want to try and 5% try it change the figures at the top, like we said earlier, have a play, but what you will see is investing time and residual income is much more profitable long term than exchanging time. Money.

So we want to diversify our streams of income with the residual income growth plan. We want to take our online residual income, we want to invest it in offline. residual income like businesses, maybe property may be low risk stocks and shares. We don't recommend use the stock market as a form of gambling that some people do. But there are some businesses that just naturally grow. And they're going to give you a nice safe return on investment over the year, month by month.

So look for those. But what we want to do as well with any form of residual income is we don't want to be built into one model, we need to diversify and develop different models. Because if one becomes vulnerable, we have others that can perform in in different markets one might perform very well at one point and another one might perform later, one might grow peak and then trough because it becomes very competitive and a lot of people jump on board. And another one might be very slow to build a very steady so we want to diversify and spread The risk