How to Uplevel Your Income!
I am sure that you have heard the phrase, “don’t put all your eggs in one basket.” Few people actually heed this warning. I have found that most people rely on their job for all of their financial income. That is how most people were raised to believe. That is a big mistake however. There’s always a chance of being laid off or fired or even bankruptcy. I personally have had all three of those experiences and I know how it feels.
Companies can be bought out by other companies and that can cause a downsize in the company. The stress of the unknown can be unbearable at times. While I am here to tell you that it doesn’t have to be like this and you don’t have to live like that.
There is a way to create a flow of money to you so that you never have to worry about losing your job again. In fact it doesn’t even take a job change of any kind as it just takes shifting your thinking and creating a new mindset towards money.
To me, J-O-B does not spell job but is an acronym for just over broke. If you put all your hopes into your job that is like building your perfect home within a garbage dump. You just never know when a pile of garbage is going to shift and send your dreams of a great life plummeting into one big smelly mess. People have done this for many generations. I myself started out like this finding one job and holding on tight and hope nothing too terrible will happen. Well guess what, life happens.
This does not sound like much fun to me and it wasn’t at the time and I hope it doesn’t sound like fun to you. What I have discovered and that is really a lot of fun is that you do not have to live this way. You do not have to rely on just that one job for all of your financial wants and needs. You can actually create a new way of living. I’m sure you’re asking how by now. Well it is through something that you have probably heard of before as well and that is have multiple streams of income.
Now having multiple streams of income is not about getting more than one job. To me that would lower your quality of life because it would tend to wear you out and you would have less time to enjoy yourself.
Having multiple streams of income is all about partnering with others and making money through their efforts as well. Let me give you an example.
Let’s say that you are a lake. You have just one stream of income so you don’t have much to fill you up financially. In fact your water line is looking pretty low right now since you have to rely on just that one stream of income to replenish you every few weeks.
Now if you had multiple streams of coming in all the time then your banks would be overflowing. If one of your streams is trickling for a while the others are there to pick up the slack. There will never be a lack of income.
That is what I would like you to do. I would like you to create multiple streams of income to insure your financial prosperity. I am sure you’re asking how you start to find multiple streams of income. I am glad you asked. Check out this week’s action step to find out how you can get started.
THIS WEEK'S ACTION STEP
Here is this week’s personal exercise:
Multiple streams of income is easier to find than you think. They are all around you. You just have to start paying attention to your daily life and who and what comes into it.
Especially in today’s world there is an list possibilities to create multiple streams of income. With the Internet and social media today there is no excuse not to create another stream of income. You don’t even have to leave the comforts of your own home as you could do so much on the Internet to create an income stream.
I suggest taking out your journal or notebook and numbering the lines 1 through 25. Start to list the possible streams of income you can create for yourself. I would start out by listing some of your passions and your hobbies. With listing your passions and hobbies first these are some things you are most interested in and usually are excited about and know something about.
Can also create a consulting business that allows you to work from home and set your own hours on things you are already knowledgeable about. Then list some of the other things you may be interested in such as selling products on Amazon or eBay as there are many programs and things like that can help get you started.
You can also just become an affiliate for someone that already has a product and you can sell it online and collect a commission on what you sell. The possibilities are truly endless.
Remember, life is too short to work hard for something you really don't want.