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JULIUS JOHNSON
Joined IBOtoolbox 8/2017
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Published on 2/2/2020 additional information available

I Let My Commissions Accumulate

#investments
#saving money
#business opportunities


I am literally paying myself by letting my commissions stay in my SFI affiliate account. I value my SFI business and my 9-5 job. While both can provide residual income. A job can provide this if your job has a retirement account with a company match.

The downside with retirement accounts is early withdrawal penalties. You have to be a certain age in the USA to not have to pay this type of penalty. I like stock market investing better.

You can rollover your money from one retirement account to another to avoid this. But it must be done in a certain time frame or you will have to pay the penalty both federal and state. That is in the United States. I don't know about the tax laws in other parts of the world.

I enjoy my SFI business more than my 9-5 job. I am my own boss here.
I don't have to take orders from no one else. There is no guaranteed any body job is safe from being laid off, etc. By me saving my commissions at least I will have some money to fall back on in hard times. Even online businesses can fail. But with SFI at least I do have faith that SFI will be here for a very long time to come.

This is what I am doing to improve my business here.

1. Team Building
2. Duplication
3. Saving My Rewardicals & My Commissions
4. Using My Income From My 9-5 Job To To Fund My SFI Business

Please Note: On 2-1-20 I will let my team know how many total rewardicals I have, via team mail. I will also tell my team my commissions are growing each and every month by me saving them.



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