Household gold - turning your monthly expenses into equity

Mining gold from your household expenses - I really liked the analogy from this book written by Dr Steve Price.

The key concept is equity. In real estate, the equity is the the value of the house less the outstanding amount on the mortgage.

Dr Price maintains that the principal of equity applies to 'households' as well as houses.

This concept is equated to the idea that millions of households all over the world are spending money and not taking advantage of the 'retail equity'. This is of course the big advantage of network marketing.

It really doesn't make sense to spend money on an item and not in some way tapping into this source of 'retail equity'.

There are a multitude of network marketing companies which move all sorts of products and services.

The difference between the price of the goods sold in a store less the manufacturers price is classed as 'retail estate' Most people give away their 'retail estate' to the retail stores.

Return from household gold to passive income