FOR IMMEDIATE RELEASE
October 1, 2009
Cache Valley Area Investors Association
Preston Parker, President
Achieving Financial Independence
New Club Offers the Keys to Financial Independence
LOGAN, Utah- Cache Valley Area Investors Association (CVAIA) is committed to teaching members how to increase their passive income, and become financially independent for life.
President of CVAIA, Preston Parker, said, “The biggest problem with financial independence is people don’t understand what passive income is and how to get it.”
Several people may not understand the concept of passive income. According to Parker, passive income is money you get in return from investments. While you must actually work for earned income and think about it, passive income does not require any thought. Passive income is made possible through investments. It is determined by how long you will last financially, if you stop working. When you are able to live off of your passive income, you are financially independent.
Financial independence is achieved when you have a higher passive income than expenses. It is quite simple; you must either increase your passive income, or decrease expenses. Passive income does not mean financial freedom. There are many people that have a high-earned income, but are not financially independent.
Once you learn to become financially independent you no longer have to worry about money. You can have a job that you love.
Parker started the organization 2 years ago, with a hope to better individual’s lives. “I want people to be happy, people are complaining about their jobs, but they don’t need to. This is America, the land of abundance. We should all be able to have jobs that we love. Passive income makes this possible,” said Parker.
The CVAIA meets every other Thursday in the Cache County Chamber of Commerce at 160 N. Main St. in Logan. The next meeting will be held on Oct. 1, at 7 p.m.
Professionals that are financially independent will be speaking at the meetings, and a question and answer period will follow. Parker encourages everyone to come to the meetings. No fee or experience is required.
For further information:
Lacey Saxton Nagao
PR Specialist
208-380-5778
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I still don't understand...but thanks for trying to help me, nonetheless!
ReplyDeleteLacey,
ReplyDeleteWell done. I like how you used the quote from Preston at the beginning because I feel that it led into the rest of the story. One thing, it is hard to make spacing correct on the blog, but contact information at the beginning and the end should be single spaced. Overall, good job!
Danielle,
ReplyDeleteThank you! I know about the spacing thing, in fact, I tried fixing it forever and my template is messed up! I don't know what is going on! Hopefully it will fix itself soon:)