Whether you have a nine to five job, you work part-time or do odd jobs (gigs) now and again, money is what we all strive for and need to live better quality lives; but are you doing what is necessary to make a bigger cheque, fortnightly and monthly?
Gain multiple streams of income
You've already heard that there are seven separate revenue sources for the average millionaire. I'm not sure where the expression comes from, but it does make sense.
One of the easiest ways to protect yourself financially and increase your wealth over time is to have many income sources. It also offers greater peace of mind and financial stability for you.
Let's assume that your full-time work is your only source of revenue. If you get fired suddenly, life will be financially tough for a while.
So what would you do?
There are many things you could try!
a-Invest/Invest in Bonds
b- Crowdfunded real estate
c- Rental Property
d- Sell a Digital Product
e- Create a course
f- Sell Items online
g- Offer your services (Use your talents and create a gig)
Be thankful for what you have presently, stop complaining and make it work!
Time is a resource that is practically the highest, an incalculable commodity. Time is everywhere and you've got a lot of it, so how are you spending it?
When we talk of time, financial resources are secondary, but we do not lose them. For smart time management, you can build concepts. Then devote that to the time-consuming things if you work well in the morning.
Find a mentor
Stick around friends and family members of like minds who are similarly excited about money. Looking for a mentor in the industry is potentially the only thing you can do. These advisors are by far some of the best coaches for life lessons. Having excellent friends helps you to build around you an atmosphere of achievement.
Your wealth is your responsibility/Not anyone else's
You'd make some for yourself for example, by generating money and work for others. Not just that the peers, stakeholders, and colleagues are all accountable to you. A meaningful addition to society is only possible if you have more than one revenue source at the same time.
It occurs to me that our relationship with money is very much like our relationship with anything else we consider is ontologically different from us in our lives. When we feel really good about a specific human, animal, tree, or location in a situation or feel really good, it is because we feel linked in a deep way to whatever it is that makes us feel good.
Actually I think we're doing it with everything and I'm pretty sure we're doing it with resources. We either appear to worship it or shun it. Either we believe that having a lot of it will be the answers to our prayers and get us peace longed for or we believe that in certain aspects it will turn us evil, make us lose friendships, transform us in fearful ways.
In wealth, there is no embarrassment, it merely encourages an ample flow of energy into your life. Being rich clearly ensures you have more resources and more transparency at your hands as to how to express that energy. You have more responsibilities as you are more authentically associated with the naturally plentiful flow of the universe - you can no longer play tiny.
Wealth is my obligation and it's my duty to be rich! It is my way to celebrate life. It facilitates my service to the world!
What are you working on to secure the bag?
Let's Discuss......
Dear just awesome. I am so much motivated by read this.