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Seven Streams Of Income

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Written by   177
4 months ago
Topics: Thoughts, Dreams, Future, Personal, Crypto, ...

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

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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..!!!
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Title   : Seven Streams Of Income
Author  : @Carewind - 81st Article 
March  18, 2022 - Friday, 11:58 PM

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Written by   177
4 months ago
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Comments

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.

$ 0.02
4 months ago

Ipa tagi-tagi mo nalang lods, kasi di talaga yan mababayaran kung bubuohin mo or isang bigayan lang.

$ 0.00
4 months ago

ilang years na lods since 2018 pa yun..till now murag y plan mubayad

$ 0.00
4 months ago

Paninglon nemu lods uie,. Ako pana maningil jud ko kay hinaguan to na kwarta.

$ 0.00
4 months ago

Tgpaningil man nako lods pero wala daw silay ikabayad

$ 0.00
4 months ago

Ingnun lage nemu lods na bahalag tag 10 kada adlaw lods, syaru.

$ 0.00
4 months ago

Lagi lods oi.. Asa na kaha to sila run. Naa na Unta koy magamit for my house if mubayad pa sila

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4 months ago

Paninglon memu just to compensate the loss lods, ingnun nemu grabe bisag katunga nalang kay jeed na nemung kwarta lods.

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4 months ago

lods nahimo na nako tanang rason lods oi..

$ 0.00
4 months ago

Nya, lain sad kaau mo surrender ta lods, na imuha mantong kwarta. Paninglon jud to nemu. Kay malubong najud tus limot.

$ 0.00
4 months ago

lagi lods oi naay isa nga 5k pa kapin ija hatagon paita jud

$ 0.00
4 months ago

Na, imbis kitay motabang arun makaliwas lods, tabangan man nuon ug dukot nahitabo ana.

$ 0.00
4 months ago

lagi lods oi..maong tagam nako maayo lang sa sinugdanan

$ 0.00
4 months ago

Dakoa napaud ato imung guipautang bitaw boss, nagpautang rajud ko ug 20K duha kabuok maestra lods, wala nay lain. Hehe

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4 months ago

maayo ky mga professional sila lods

$ 0.00
4 months ago

Mga relatives ni wifey lods, bayad man gud sila after duha ka sweldoan mao daki bali sa kwarta lods, maka tuyok ra dayun.

$ 0.00
4 months ago

maayo ky poro ra kaila lods

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4 months ago

Oo, di kami nagpapautang sa mga di oersonal namin kakilala talaga lods. Para di mahirap singilin

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4 months ago

Oo nga eh. Super hirap talaga singilin lods

$ 0.00
4 months ago

Dapat ganun iwas ka talaga sa kilalang marami ng utang at matitigas lods.

$ 0.00
4 months ago

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

$ 0.01
4 months ago

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.

$ 0.00
4 months ago

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..

$ 0.00
4 months ago

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

$ 0.00
4 months ago

That stream of income sounds good. I can't believe that there are “top money borrowers”😂

$ 0.00
4 months ago

Haha, those are my regular creditors friend who are also good payers :D

$ 0.00
4 months ago

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.

$ 0.00
4 months ago

Yes bro, ganun naman talaga dapat, hustle now chill later talaga ang mindset bro. Kung iipunin lang at di tumutubo wala lang din.

$ 0.00
4 months ago

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 :(

$ 0.00
4 months ago

Subukan mo lang hanggang sa kaya mo e manage lods, like loading and reselling na madali lang walang masyadong iisipin. Hehe

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4 months ago

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,

$ 0.01
4 months ago

Haha kaya nga, nag mahal din kasi lahat dahil sa pandemic lods. Regular kana pala kay CA nyan ngayon lods. Haha

$ 0.00
4 months ago

Hahah oo regular na ,matagal na din ako sa work, Kaya pa naman mabuhay sa sahod , tipid lng

$ 0.00
4 months ago

Aie ayus yan lods basta regular lang, sa budget nalang idadaan ang lahat.

$ 0.00
4 months ago

Haha same dati nung bago pa ako nag tratrabaho, u

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4 months ago

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

$ 0.01
4 months ago

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

$ 0.00
4 months ago

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

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4 months ago

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

$ 0.00
4 months ago

Gusto ko din mag pahiram ng pera na may interest, pero nakakatakot kapag yung pinahiram eh hirap singilin.

$ 0.01
4 months ago

Yun talaga pinaka worst, akoa sinusubukan ko patience din nila, pag kilalang matagal magbayad, di ako nagpapautang ng malaki.

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4 months ago

You're very hardworking to have 7 streams of income. But it's just so sad to think about the low salary here in our country, na imbis full time job na lang sana ang gawin para may mailaan na ibang oras sa gawin. Pero hindi, kailang padin humanap pa ng ibang trabaho kasi di sapat yung full time job salary. Huhu. Ang heartbreaking talaga nito para sa akin. Sana magbago na sistema natin.

$ 0.00
4 months ago

Kaya nga lods, sa ibang bansa solve na pag minimum wager, saklap ng infact sa mga regular employees na minimum wager ang inflation. Add mopa family support. Kahit nurse ka or teacher na single di sapat sahud lods.

$ 0.00
4 months ago

Exactly! Huhu.

$ 0.00
4 months ago

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..

$ 0.01
4 months ago

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

$ 0.00
4 months ago

sayang noh, kung nagtuloy tuloy lang sana yun, laki na siguro ng income mo ngayon

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4 months ago

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.

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4 months ago

ituloy mo lods kapag okay na ulit ang income mo..

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4 months ago

Oo lods, naubos din kasi puhunan sabay-sabay din mga emergencies sa buhay.

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4 months ago

Ok lang yan lods, ganyan talaga ang buhay, at least may napagkunan ka.

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4 months ago

Oo naman lods, balik sa grind nalang ulit para sa maliwanag na bukas lods. Hehe

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4 months ago

I found it interesting sis, ma try ko nga to soon,nakakaproud ka sis,kasi di madalai yung ganyan,but still you was able to manage it,at nakapagpasaya ka pa ng ibang tao.👏❤️

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4 months ago

Ayun, subukan mo sis for financial stability, kahit piso2 pa yan basta passive everyday, maiipon at maiipon din yan. Subukan mulang hanggang yung kaya mo ma manage sis.

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4 months ago

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.

$ 0.01
4 months ago

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.

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4 months ago

It was a good streaming fir income. Unfortunately Covid19 pandemic change everything and we falls down in financial unstability .

$ 0.01
4 months ago

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.

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4 months ago