Earn more money every month
Method #2:
Earn more money every month
If your expenses stay the same, you can have lots of extra money to invest if you simply increase your monthly income. There are several ways of increasing your monthly income. Lets look at a few.
You could work overtime on your job.
Those extra hours can add up in a hurry. Lets say that you just work five extra hours a week. That’s 20 extra hours a month. If your net pay is $10 an hour, you’ll have an extra $200 to invest every month. It won’t take long to build a sizable investment fund at this rate.
For example, if you put aside $200 a month at 10% interest for 30 years, you’d have a total of $394,785.65 in your investment fund. That’s a lot of money.
Here is what just one forward-thinking woman is doing.
Name: Nancy
Age: 35
Occupation: Accounting Clerk
Income : $19,000 a year
Money to invest? What money?
Money to invest? What money?
If you’re going to have money working for you, the first thing to do is to get some money, right?
I know what you are probably thinking,
“Sure I understand that it takes money to make money, but I don’t have any money. I can’t pay my bills now. I want more money, but I can’t save any money on my present income. I’d like to use this method, but where will I get the money?”
Let’s talk about method #1 for getting some money to start your investments. Remember, you want money working for you so you don’t have to do all the work.
If you don’t want to use method #1, that’s okay. It’s only one of the methods that are available for your use. But you might want to give this method a try since the discipline it teaches is a discipline you’ll need to
Click here to continue readingHow average people accumulate above- average wealth.
It’s not rocket science. Millions of ordinary people have become millionares through thier own initiative – with no help from wealthy family members or lucky lottery numbers.
A job is one way to earn money but, as I mentioned earlier, a job has limits.
You can only earn so much per hour. You can only work so many hours in a day. You can’t really be wealthy if you have to be at work all day.
So, we need another source of income to replace our job income if we’re going to be wealthy. There are two easy source for more money in our lives:
#1: We can have our money working for us.
When our money is in a bank savings account, in investment real estate, or in mutual funds, our money is working for us 24 hours a day, even while we’re sleeping. If we have enough money invested, our monthly interest and
Click here to continue readingChange people’s buying habits for an extra $25,000 a year.
Change people’s buying habits through network marketing
Name: Kathleen
age: 24
Occupation: Bank Teller
Income: $25,000 a year
Retires wealthy: Age 26
Kathleen didn’t want to wait years and years for what she wanted to do in life: compose and perform her music.
To really achieve her musical goals, Kathleen would need to travel, study, and practice in such places as New Orleans, New York City, London, Paris and Australia. There would be no time for a regular or part-time job. Her quest would be a total immersion into the world of music.
Kathleen decided to start a part-time network marketing career. She would simply change people’s buying habits. Instead of purchasing certain items at the local store, they would now purchase certain items at the local store, they would now purchase them through Kathleen’s catalog.
At first, the commissions and bonuses were barely $100 a month. As each month passed, word-of-month
Click here to continue readingFamous shortcuts to wealth. Can this work for you?
Can this work for you?
There are lots of ways to become wealthy. Here are just a few:
Inherit wealth.
I like this one. No work, no sweat, no worries. The problem is that it’s hard to get adopted by rich and sickly parents. There aren’t many of these people around. While this method works, it only works for a few. If you were one of the lucky few, well, you wouldn’t be reading this right now. You’d be cruising the Caribbean.
Marry someone who is already incredibly rich.
If you’re not married now, hey, there is still time for you to find a wealthy spouse. But that’s not the subject of this post as again, this is a way that few can do.
Hit it big in the stock market.
Your shares double and triple in price. However, there is a problem. You have to already be rich to buy lots of stock. Yes, there’s always
Click here to continue readingYour job won’t make you wealthy. You’ll never earn enough.
This is a big error that most people make. They believe that their job can make them wealthy. Look around you. How many wealthy job holders do you see in your neighborhood?
Jobs are good. They pay the rent or mortgage. They buy our clothes and food. However, you do have to go to work to get paid.
This is a major inconvenience. If you have to go to work everyday to get paid, you’re not financially free. You have to continue to work for a living. And chances are that your job doesn’t pay you enough to lead the style of life you want.
For instance, let’s say that you want five weeks vacation this summer with the family. The job gives you two weeks vacation.
You’re not wealthy if you don’t have the freedom to take those additional weeks of vacation with the family.
Another problem is that jobs just don’t pay enough
Click here to continue readingSo how much money do you need to be wealthy?
So how much money do you need? What does financial wealth mean to you?
* Having a million dollars in your savings account?
* Recieving a check in your mailbox every month that covers your monthly expenses?
* Never having to go to work again?
These are just some of the definitions of financial wealth. Your definition might be quite different from anyone else’s. However, no matter how you describe financial wealth – you can get there using one of the many proven paths mentioned in this series of post.
Let’s imagine that financial wealth means that you have enough money to live the lifestyle you want – and you never have to go to work again. Fair enough?
In other words, you have all the money you need to lead a comfortable life. How much is that? Let’s look at some examples:
1. Ed love to camp out in “fishing territory.” All Ed needs
Click here to continue readingA one minute pep talk
Let’s look at why some people become rich while other people just talk about it.
Most people who have attained financial freedom and wealth did it on thier own. It wasn’t given to them. They didn’t have lucky breaks. They made it happen.
There is the old saying:
Some people make things happen.
Some people watch things happen.
Other people just sit and wonder, “What’s happenning?”
Because you are reading this post right now, Im sure that you are in the first group of people, those people who make things happen. This will show you some “simple, consistent, small actions.” Anybody can do these simple actions – if you choose.
What happens when you do these actions? Every month your bank account will grow larger and larger until one day you’ll declare, “I’m rich!”
You’ll learn that becoming rich is not a single,spectacular event. Instead, you’ll learn how to accumulate wealth from a
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