Decent Monthly Income? Yes Please!
It’s that time of year that everyone is either maxing out their credit cards or finding other ways to make extra money to spoil our kids. We want to give our kids the worldand we will do anything to give them that. I am with you! But we also want to live what we see everyone else doing but we don’t want to do the work everyone else is putting out.
I don’t know about you but I wasn’t taught to live within our means. I was taught that you will make more tomorrow, so why not spend it.That is why our society is so far in debt and our country is headed into a downward spiral with our debt out of control.
So, the first way to make a decent monthly income is to live within your means. Get rid of the unnecessary expenses like cable or the most expensive cell phone package so you can listen to music all day long.
When you get rid of the unnecessary expenses there is more money to pay the bills that need to be paid and pay the debt down so you can have the things that you want to have. The norm is that if you make more money, you spend more money. You should pay yourself first. Put together a savings account and save regularly. Every single paycheck you should put money into savings so you don’t have to borrow money when emergencies arise.
Here are some ideas that will help you make a Decent Monthly Income:
Dave Ramsey says, “If you live like no one else now, you can live like no one else later.” You can sell your beautiful dream car that is costing you $500-$700 per month and buy a $5,000 car until you are in the position you can buy the $35,000 car that you want cash. If you don’t need it, sell it! Have a garage sale and sell all the junk that you haven’t touched in a year. Take that money and pay down your debt.
There are many things you can do after you work your full-time job to make extra money. Mow yards, buy cars that need work, fix them up and sell them, shovel snow, build pallet furniture or crafts, get involved in an MLM business like Amway, Flip campers and R.V.’s, flip mobile homes, fill out surveys for money, start your own painting business, and my most favorite, wholesaling real estate. That is only about ten things you could do to make a decent monthly income.
I worked for several years mowing lawns because I had a goal to pay cash for my college. I worked building that business and loved my clients. In 2 years, I made enough money to pay for all 4 years up front, CASH. That accomplishment made me realize I can do anything I put my mind to.
In my home town, there is a car “Dealership” that is strictly “affordable” cars that the owner picked up for a steal, fixed them up and sells them with a 3-month warranty. He sells them faster than he can bring them in and makes very good margins. He told me the other day that it is putting his 2 kids through college.
I don’t need to say a whole lot about this. If you live in an area that gets snow, nobody wants to shovel their snow! Nobody! You can pick up several regular clients for the winter that will more than likely cover Christmas gifts.
My beautiful wife is a stay at home mom. She loves being here for my kids and nurturing what we fell is important in life, like money management. She has such a great crafty imagination that she has taken over my shop to build pallet furniture that has taken off into a part-time business. She makes full time income working part time building furniture and other décor. And she is having a blast!
I have several friends that are making fantastic money in mlm businesses. One gentleman in our town is making enough money that his kids can retire off his residual income he has already made. He retired when he was 40, got bored and started up again and now has an empire worth several million dollars and he does whatever he wants. People say that it is impossible to make full time income with an mlm business. Impossible is a word thrown around by small minded people.
My plumber has started flipping campers and R.V.’s part time and in 8 months has made over $100,000! I have never thought that there was money in campers and motorhomes but he has proven me wrong. He watches the paper and online publications every day for inexpensive and damaged campers to fix and sell.
If you look online you can get hooked up with a company that will pay you $3-$100 dollars for you to fill out surveys. Filling them out takes less than 10 minutes and you can easily make $100 per night.
Starting a painting business is not hard in almost any town. The importance is your quality and customer relationships. My uncle started his 5 years ago and now has 60 people working for him and does over 1 million a year. His relationships are the most important thing in his business.
Wholesaling real Estate is my favorite because I do it full time now and work less than part time hours. I highly recommend that you find a real estate investing mentor that can help keep you out of trouble and direct you to make the most money in the shortest amount of time.
I must say that no matter what you choose to do, the most important thing is what is between your ears. Don’t listen to anybody that is not living like you want to live or has gone through what you are trying to accomplish. You will succeed if you want it as bad as you want to breathe. You can make a halfhearted decision and make it a couple weeks. If you truly decide you are going to change your life, you will! Find someone that you look up to and is living the life you want to live and buy them coffee and lunch as often as you can. You are the average of the 5 people you hang around. Think about that.