Create Cash Flow and Crush Your Expenses
Profit Centers is an entrepreneurial quest that employs micro-businesses and investment to empower people by creating multiple streams of income and long term wealth.
The Spending Plan
The goal of the spending plan is to create positive cash flow. You cannot cut your expenses to wealth, and saving for wealth takes too long. We just need the seed to start so you can accumulate assets that pay you over and over again.
Income | ||
Wages, Salaries and Tips (W2) | _____________ | |
Interest (1099-INT) | _____________ | |
Dividends (1099-DIV) | _____________ | |
Capital Gains (1099-B) | _____________ | |
Alimony (1099-MISC) | _____________ | |
Business Income (1099-MISC) | _____________ | |
Rental Real Estate | _____________ | |
Royalties (1099-MISC) | _____________ | |
S Corporations, Partnerships or Trusts (K1) | _____________ | |
Fishing Boat Proceeds (1099-MISC) | _____________ | |
Farm Income | _____________ | |
Unemployment Compensation (1099-G) | _____________ | |
Social Security (SSA-1099) | _____________ | |
IRA’s Pensions or Annuities (1099-R) | _____________ | |
Other Income (Prize or Gambling Winnings) | _____________ | |
Total Income | _____________ | |
Subtract Total Withholding and Deferred Income | _____________ | |
Take Home Pay (Allocated to Expenditures) | _____________ | |
——————————————————————— | ———————- | ———————- |
Shelter (Owned or Rented) | _____________ | |
Utilities, Fuels, and Public Services | _____________ | |
Household Operations | _____________ | |
Housekeeping Supplies | _____________ | |
Household Furnishings and Equipment | _____________ | |
Gross Home Expenditures | _____________ | |
——————————————————————— | ———————- | ———————- |
Vehicle Purchases (net outlay) | _____________ | |
Gasoline, Other Fuels, and Motor Oil | _____________ | |
Other Vehicle Expenses | _____________ | |
Public and Other Transportation | _____________ | |
Gross Transportation Expenditures | _____________ | |
——————————————————————— | ———————- | ———————- |
Food at Home | _____________ | |
Food Away from Home | _____________ | |
Apparel and Services | _____________ | |
Alcoholic Beverages | _____________ | |
Healthcare | _____________ | |
Entertainment | _____________ | |
Personal Care Prods & Srvcs | _____________ | |
Reading | _____________ | |
Education | _____________ | |
Tobacco Prod & Smoking Supplies | _____________ | |
Miscellaneous | _____________ | |
Cash Contributions | _____________ | |
Life Insurance & Other insurance | _____________ | |
Social Security & Pensions | _____________ | |
Gross Shop (Personal Expenditures) | _____________ |
Crush Your Expenses With Profit Centers!
Profit Centers are micro-businesses that utilize traditionally non performing assets by converting them into income producers. This enables you to maximize the amount you can invest into passive income producing assets and benefit from passive income and money growth.
HOME (ROOM SHARING)
Visit the Room Sharing Platforms and learn about reducing or even eliminating your housing expenditures. Major players include Airbnb, HomeAway by Expedia and some hacks you can use to get started.
AUTO (RIDE SHARING)
Visit the Ride Sharing Platforms to learn about reducing or even eliminating your transportation expenditures. The majority of this is Livery and Delivery, including companies like Uber, Lyft, Instacart, Shipt, Door Dash and Grubhub.
SHOP (PROFIT SHARING)
Visit the Profit Sharing Platforms to learn about earning from the fast growing trend of digital marketing and reduce or even eliminate your personal shopping expenditures.
THREE STEP PROCESS
Learn & Earn to create cash flow and grow your money.
Take Action mapping out the steps and milestones to your destination.
Teach others to duplicate what you do.