Seven Streams Of Income `March 18, 2022 - Friday, 11:58 PM` Life of a minimum wager employee is too hard here in the Philippines, especially when you're married and your the only one working for your family. Just by the necessities alone for everyday living is already a wall to break for them and how much more for those who needs to pay rent because can't afford to build or bought houses.
As a minimum wager here in the city that needs to pay rent per month, I have experience the struggle too. Ever since I came to the city, my eyes were open to the harsh society and realities in life. Life was just a series of paychecks and bills reciepts. It was a normal routine for my first seven long years here in the City. Fortunately, I came to know kindhearted lovely humans who teaches me about this thing they called **Seven Streams of Income** and I made them my mentor during those stretch of years. One normal day in our office, a colleague opens up about it. As I listen to her attentively, I was amaze of how big her savings is by just doing these thing they called **Seven Streams of Income**. From the word itself, Seven Streams of Income literally means seven source of income. This is a personal way of growing your own money. It is a practice of entrepreneurship where in you'll try your very best to have a seven source of income. When I challenge myself also to apply this to myself, it's very stressful but rewarding. Just Imagine having seven small businesses or investments and managed it by your own. It very tiring and consuming but it has a very assuring results in terms of saving and growing your money. My Seven Streams of Income Employed Full-time Money Lending Selling Load Sinking Fund Selling Dry Goods (Various Fishes and Squid) Selling Body Essentials Hog raising
All that I put on that list was true but it was before the pandemic happens and now I'm back to zero again chill'hustler's and planning to do it again once we are fully back to normal. These Streams were all small investment but it was a passive one. The first stream of income was my salary and is budgeted for my daily expenses and living and the rest goes directly to saving once it gains revenues. When I started to lend friends and workmates with money, I'll add 5% interest on top of it. My initial capital for it was 24 thousand pesos only (almost five hundred dollars). Every payday, I always save 20% of it and it goes straight to fund my small lending business. As more and more money borrowers knows my tiny business, more also jumped on it that are hard payers which force me to stop it once the pandemic and lockdown started. Just to give you chill'hustler's the total interest I manage to accumulate on its first year was twenty-two thousand pesos ($440). During 2019 Christmas, I gifted my top 10 money borrowers with **Tumblers** and **Tupper-wares** to celebrate Christmas spirit and strengthen their trust in me. I was very happy that time because that was also the first time I give gifts that many to people I know personally chill'hustler's.
On the following year of 2020 which is also the year when COVID-19 outbreak develops and becomes a global pandemic, most of my borrowers lost their jobs and my conscience was fighting inside me because I need to get back those hard earn money also that I lend to them but it was very hard for me knowing the current situation. That's why I let them all pay it later but without additional interest added on top of its original monthly interest rates. The last one just paid last month which prolonged his payments instead of the original six months to pay credit. Good thing he still managed to pay me even though his struggling too because her wife give birth to their second child last november. I'll end it here for now chill'hustler's and I will tackle the six other streams left on the list in the coming days. `To Be Continued...!!!` Hello there Chill'hustlers!! 🙋🏽♂️ That's it for today and as always, I'm glad you reach the end again, thank y'all for always sharing your day with me, see you on the next one Chill'hustler's. Have a chill vibe month of March and stay hopeful cause better days are comin', Good vibes always, Jah bless and PEACE ✌️!!! 🙏🙇 Adieux..!!! ------------------------------------------ Title : Seven Streams Of Income Author : @Carewind - 81st Article March 18, 2022 - Friday, 11:58 PM My Previous Articles https://read.cash/@Carewind/a-valentine-story-did-your-plan-worked-on-valentines-day-cdfc85ac#my-previous-articles Why Goals Are Important https://read.cash/@Carewind/back-for-good-an-nft-game-investment-funded-from-my-smartbch-earnings-worth-300-f7ae743b#bad-link Back For Good: An NFT Game Investment Funded From My SmartBCH Earnings... https://read.cash/@Carewind/bch-gamers-year-the-making-of-four-multiplayer-games-set-to-be-launch-in-bitcoincash-virtual-world-7125a27c#bad-link BCH Gamers Year: The Making Of Four Multiplayer Games Set To Be Launch...
53 comments
It was a good streaming fir income. Unfortunately Covid19 pandemic change everything and we falls down in financial unstability .
Yes sir, pandemic was too much for minimum wager especially those who are just working that are not front liners on a not so important sectors in the industry that was totally shutdown during the lockdowns too.
One of my testimonials to blogging could be traced to the lockdown that came as a result of the covid-19 pandemic. Now, I am glad that the opportunity opened my eyes to many things I wouldn't have known about.
Good for you Sir, mine just open my way to crypto and also P2E games. Many was force to seek for extra income during the lockdowns that leads me to discovering crypto.
Gusto ko din mag pahiram ng pera na may interest, pero nakakatakot kapag yung pinahiram eh hirap singilin.
Yun talaga pinaka worst, akoa sinusubukan ko patience din nila, pag kilalang matagal magbayad, di ako nagpapautang ng malaki.
I agree! Even I kahit above minimum, may staff house pa poor pa din. It was better noong wala pa pandemic kasi usually may OT ako . Branch inventory tapos saan2 pa nakakpunta since we have several branches nationwide. I even manage to send my sister in college. Now ,well its been 2years since the last time nakasahod ako ng buong 13days😂. Awit,
Haha kaya nga, nag mahal din kasi lahat dahil sa pandemic lods. Regular kana pala kay CA nyan ngayon lods. Haha
Hahah oo regular na ,matagal na din ako sa work, Kaya pa naman mabuhay sa sahod , tipid lng
Haha same dati nung bago pa ako nag tratrabaho, u
Aie ayus yan lods basta regular lang, sa budget nalang idadaan ang lahat.
Ang dami mo palang pinagkakakitaan lods dati. Kami nasubukan din namin magpautang ng pera dati pero nalugi, ang hirap kasi kapag matigas ang mukha ng napautang mo. Sa umpisa lang magaling magbayad pero sa huli eh di na din..
Dati jud ngayon wala na lods, load nalang natira. Haha tsaka may 7 na baboy pero 4 din kami na magkaibigan maghahati nun hehe Pagkilala na matitigas di ko pinapautang ng malaki lods. Nasa sa kanila na kung babalik or hindi, more on mgmababait ako 8 lang ngungutang sakin na walang palya nagbabayad kada payday dati lods. Hehe meron dalawa teacher kaya dun ako nakalaki ng interest tag 20K hiram nila dati. Hehe
sayang noh, kung nagtuloy tuloy lang sana yun, laki na siguro ng income mo ngayon
Malamang lods, pati yung dry goods nahinto yung supplier lods eh, ang lakas oa sana ng tuyong isda at pusit kasu nga lang utang din lods.
ituloy mo lods kapag okay na ulit ang income mo..
Oo lods, naubos din kasi puhunan sabay-sabay din mga emergencies sa buhay.
Ok lang yan lods, ganyan talaga ang buhay, at least may napagkunan ka.
Oo naman lods, balik sa grind nalang ulit para sa maliwanag na bukas lods. Hehe
Pinutol nanman nya, hehe pautang nga po lods mababa pala ang patong sayo minsan kasi 10% napo dtu at alam kung nhirapan ka tlgaa mag desisyon nung nag lockdown kung magpapautang kaba o hindi pero nanaig pa din yung pagiging mabait. Asawa ko ayaw nangumgutang nun kaht mga pinsan nya yung ang napapansin saknya
Mahirap talaga nga lods pag utang, lalo na pag mabait ka tas yung sisilingin mo matigas haha. Kami nag-aaway ni wifey dahil sa mga umutang na kakilala ko na matagal nakabayad, buti nalang nabayadan na lahat. Hehe
Parang wla pong oo o hindi sa tanung kopo hehe mabuti namn po at mga nakabayd na ako man nagagalit kay hubby kasi nagpautang sya hindi na nya siningil ang katwiran nya hindi n raw sila makaka ulit tgas nalang pag umulit papo diba
Aie oo, kapal na ng mukha ang ganyan lods, ipagpapasadyos nalang, ako naman sa pautang namin e di kami nagpapautang ng walang trabaho kasi di talaga yun makakabayad lods. Di bali ng matulog yung pera nasa atin kesa maubos ng iba hehe
Waaaah bitttttiiin. Interested ako sa 7 streams of incomes mo lods. Gusto ko din niyan ya lang di ko sure if ma manage ko since busy nga ako :(
Subukan mo lang hanggang sa kaya mo e manage lods, like loading and reselling na madali lang walang masyadong iisipin. Hehe
Hindi talaga tayo dapat makampante na employed tayo, we should also think of the alternative ways to earn additional income. Like you my mother is fully employed and marami siyang ginagawang side hustles, like pagtitinda don sa kanila, lending of money and load at marami pang iba. Money shouldn't be save up lang, dapat nagcicirculate para tuloy tuloy ang pasok ng income.
Yes bro, ganun naman talaga dapat, hustle now chill later talaga ang mindset bro. Kung iipunin lang at di tumutubo wala lang din.
That stream of income sounds good. I can't believe that there are “top money borrowers”😂
Haha, those are my regular creditors friend who are also good payers :D
I also lend money kay tita ko since I know na kinakapos sila minsan. Basta Kung meron man ako at nanghiram siya always ako nagbibigay. Alam ko kung anong hirap ng makapos ng budget. Diko na din pinainteresan ..dagdag pa sa bigat nila..
Tama yan lods,di ako nagpapautang sa mga kadugo, kasi napakahirap maningil lods, minsan may isa akung pinsan ng hiram ng 5K ayaw kona sanang pa interesan pero pilit nya akong binayaran ng may interest kasi negosyo daw lods. Hehe
Nku friend speaking sa pagpapautang. Minsan ung pinautang ay wala man lng pkiaalm. Ako nga friend may pinautan sa sister in law ko. 50k dahil manganganak cs sia. Til now d p nababalik tpos di man lng ng uusisa ba. Ang hirap tlaga
Naku naman, pangit naman kapag ganun, sana man lang kahit pa tagi-tagi lang ang bayad friend, di talaga madali bayaran ganyan kalaki lalo na pag walang passive incomes friend.
ganyan ako dati lods.well I think alam mo na ang mga pinagdaanan kong business.nagpapalend din ako dati kaso until now di pa nakabayad ang iba.mga almost 30k pa ang collectibles ko pero wala akong magagawa kong wala silang pambayad.haysttt.
Ipa tagi-tagi mo nalang lods, kasi di talaga yan mababayaran kung bubuohin mo or isang bigayan lang.
ilang years na lods since 2018 pa yun..till now murag y plan mubayad
Paninglon nemu lods uie,. Ako pana maningil jud ko kay hinaguan to na kwarta.
Tgpaningil man nako lods pero wala daw silay ikabayad
Ingnun lage nemu lods na bahalag tag 10 kada adlaw lods, syaru.
Lagi lods oi.. Asa na kaha to sila run. Naa na Unta koy magamit for my house if mubayad pa sila
Paninglon memu just to compensate the loss lods, ingnun nemu grabe bisag katunga nalang kay jeed na nemung kwarta lods.
lods nahimo na nako tanang rason lods oi..
Nya, lain sad kaau mo surrender ta lods, na imuha mantong kwarta. Paninglon jud to nemu. Kay malubong najud tus limot.
lagi lods oi naay isa nga 5k pa kapin ija hatagon paita jud
Na, imbis kitay motabang arun makaliwas lods, tabangan man nuon ug dukot nahitabo ana.
lagi lods oi..maong tagam nako maayo lang sa sinugdanan
Dakoa napaud ato imung guipautang bitaw boss, nagpautang rajud ko ug 20K duha kabuok maestra lods, wala nay lain. Hehe
maayo ky mga professional sila lods
Mga relatives ni wifey lods, bayad man gud sila after duha ka sweldoan mao daki bali sa kwarta lods, maka tuyok ra dayun.
maayo ky poro ra kaila lods
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