Whether you’re living paycheck-to-paycheck or you’ve got some reserve in the tank
You may be among the few who are looking for ways to increase your income.
The problem?
How can you earn more money without spending countless extra hours every day trying to figure out what works?
The internet is bombarded with gurus and more gurus
Professing to have the magic potion…. so to speak…
On how to earn multiple figures with an online business
But it’s not that easy.
So far, it’s working for people with a huge list and a large following
Plus a good understanding of how to market online.
Otherwise, it’s a brick wall!
It’s a fact…..
There are endless ways to make money, but not all of them are viable.
Some will take weeks, months or even years while others can be done quickly.
One quick Google search resulted in a long list of ways to make extra income:
Starting a side-business, working part-time, investments, and renting everything from your home to your car to household items.
Here’s one truth that I learned years ago:
Most millionaires have multiple income streams
The other truth is that most people are not rich.
And coincidentally, most people have one stream of income – their job.
There are many ways leave the one-income circle
Here are a few:
- Save, save, save. Save 10-20% of your net income every year.
- Expand your means. Start a side business or side career that generates additional income.
- Create multiple baskets. There are many ways to diversify your investments, some of which can send real income your way.
Having multiple income streams makes a lot of sense.
When one stream is not performing well, the other streams can come to the rescue and help you survive the downturn, without dramatically affecting your lifestyle.
But having multiple income streams require time and effort.
You’ll need to devote the right amount of time to some of them to see them through.
But, once they’re up and running, you’ll be supplementing your income by a tidy sum each month.
At the end of the day…
You’ll need to do the math and do your due diligence.
Then decide on a plan and take action.
If you don’t put the proverbial pedal to the metal, you’ll go nowhere fast!
Until next time…..
“Putting all of your eggs in one basket is simply a recipe for financial disaster. If you put all of your eggs in one basket and that basket breaks, what do you do?” – Thomas Corley
I look forward to hearing from you!!
Althea
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PS. Yes… I’m a nurse, but did you know that I have a side hustle? I’ve partnered with a leading financial service company and the number one thing they do is credit restoration. We’ve helped many people since I started on this journey and always looking to serve more. Check out these links…. Fix Your Credit and Earn Extra Income.
My goal is to connect people, ideas, and resources so that your life is better because I helped you make the right connection!!