Each one of us will ultimately die. But how many of us will actually live? If you want more money, freedom and time to enjoy your life right now but you’re equally scared about having enough money for your retirement, fear not. I’m going to show you how to make money so you can live a rich life, both now and throughout retirement.
Look I’m not going to beat about the bush here.
The only way to live and retire rich is to MAKE MORE MONEY.
Let’s get real here. Nobody likes to:
• Keep a budget
• Cut back on their luxuries
• Sit at home when they should be enjoying drinks with their friends, or
• Go camping when they should be on a cruise liner
I didn’t suck this out of my thumb either.
This comes from 3 decades of experience.
If you read my bio, you’ll see that I spent over 30 years running a very successful financial planning business as well as real estate business with my wife.
During that time I taught people how to make money.
I helped my clients to invest and make more money than you can possibly count.
And I’ve taken thousands of people into retirement who’ve never had to worry for a single day about inflation or the erosion of their capital.
Frugality Is An Oxymoron
Do you know the saying – look after the pennies and the pounds will take care of themselves?
Well it’s bullshit.
I’ve never come across anyone who can live in abundance while adopting a frugal mindset.
A simple Google search reveals this definition of frugality:
the quality of being economical with money or food; thriftiness.“he scorned the finer things in life and valued frugality and simplicity”
Clearly, valuing frugality prevents you from enjoying the pleasures of everyday life.
It kills your spirit, reduces you to scarcity and makes you small minded. In my mind, that makes you poorer.
Now I ask you this – how is it possible to make money in a “keep me poor” mindset?
It’s an oxymoron.
Money buys freedom. Freedom to choose your lifestyle and pursue the things you want. Freedom to control your own financial destiny and freedom to account only to yourself.
Put thrift behind you and let me show you how to make money.
The Pounds Don't Automatically Look After Themselves
I grew up in a frugal environment. And although unintentional, I was conditioned. I grew up with some limiting beliefs.
Let’s face it, kids are impressionable and some of those impressions cut deep. They can create barriers to advancement and hold you back unless you actively recognize their existence and consciously crush them.
For me, breaking free from the shackles of frugality was a life-changer.
On a deeper level, maybe that’s why I only have one child. And she’s spoiled too. It’s difficult to say no to her. I guess I don’t want her to have some of the same experiences I did.
So when I hear people talking about cutting back on lattes (David Bach referred to this as “the latte syndrome” in his book entitled The Automatic Millionaire), Dunkin Donuts, Taco Bell or any other of the feel-good things that people typically enjoy, I want to cringe. I literally freeze up, close my eyes, clench my teeth and fists, feel my blood boiling, take a deep breath, put it out of my mind and move on.
Frugality leads to scarcity. In fact, it is scarcity. It puts you into a downward lifestyle spiral that’s soul-destroying and demoralizing.
If anyone ever tells you to cut back on the very things that make the present moment enjoyable for you, ask them if they practice what they preach. If the answer is “yes”, then ask them if they actually invest the money they pinch from themselves. If they answer “yes” again, the chances are 99% good they’re lying.
It’s obvious that financial illiteracy is rife among the masses and is responsible for extolling the teachings of frugality instead of how to make money and live well.
You see, unless you actually invest the money you “pinch” from yourself, the whole exercise of skimping is meaningless. It simply gets spent on something else you feel you can justify better – as seen in the graph below.
It’s similar to drinking a Diet Pepsi float when you’re trying to lose weight. Pure hypocrisy!
While you’re obsessing about saving a few dollars here and there and living a really miserable life, others are concentrating on making money and enjoying the financial freedom that it buys them.
And there’s one thing they all have in common. They live their lives in abundance – pursuing the things they love and the freedom they have. There’s no time for hair splitting, coupon cutting or walking around shopping aisles with calculators.
Frugality vs. Financial Prudence
Let’s assume you consume a Starbucks Caffe Latte (Grande) every day at a cost of $3.65. Over a month you will have spent $109.50 (30 days).
Now let’s assume you invest this at the end of each month into say a mutual fund at 8% p.a. (compounded monthly) over the next 20 years. You will have accumulated $64,497. (Incidentally, you could achieve the same effect if you invest $13,091 today and left it to grow over the same 20 year period).
If we take inflation into account at a rate of 2% p.a. the value of that money in today’s terms would be $43,248.
Yes, financially speaking it’s nothing to scoff at but it takes 20 years of living in scarcity to achieve.
Is it worth it? Do you gain much? Where does it start and stop? If you cut back on your coffee, what about the other things you spend money on? What about dining out? What about movies? Bars? You name it.
Are you going to be a hypocrite and cut back on your coffee yet you’ll spend $30 on dining out once a week?
Come on people. Can you see why frugality leads to scarcity?
What about enjoying your life? Or even better, what about enjoying a life of abundance?
Will a latte a day have such a big impact on your eventual retirement?
If you look at what bloggers are earning, $109.50 is a pittance and it’s a small price to pay for enjoyment.
Whilst I’m not poo poohing the financial impact that an addition $43,248 could have on your retirement, good bloggers are earning way in excess of that each and every month.
Learning how to make money is exponentially more beneficial than saving a few pennies every day.
Making More Money Has a Far Greater Impact Than Penny Pinching
According to Bankrate’s Financial Security Index, almost 20% of Americans are not saving a dime.
25% of the population are saving between 6% to 10% of their income. Another 21% are saving 5% or less and 19% save nothing.
Now let me do a little projection.
Because you’re here to learn how to make money, I’m goint to make some assumptions based on maximum benefit. Let’s take a look at the following scenario.
Assuming you make an extra $1000 per month (after tax for illustration purposes).
From this, you can take out your $109.50 per month to cover your lattes. Yes, you can actually have them!
This will leave you with $890.50.
Now let’s see what happens if you invest this money using the same assumptions as I used previously (8%p.a invested at the end of each month, compounded monthly).
Here are the future values of your investment at the end of each 5 year period.
|Year 5||Year 10||Year 15||Year 20|
As you can see, by being money savvy and unlocking your true earnings potential, you will have amassed $524,522 after 20 years and enjoyed every one of your lattes twice as much!
How Money Savvy Are YOU?
Take The QUIZ … Unlock Your True Earnings Potential!
What you get:
- A FREE custom report based on your own unique money habits.
- A FREE eBook detailing exactly how to Make More Money … whether in your current job, a side hustle or self employment.
I’ve spent a good deal of time and trial and error in my own business researching, testing and developing automated systems and processes that will:
- HELP you to make money on auto pilot;
- SAVE you a huge amount of time and frustration cutting through all the internet noise (trust me – there’s no such thing as making $2.5m in a week);
- HELP you to avoid the emotional highs and lows of setting up the right structures and frameworks for success;
I wasted months of my time going through the motions without any help – not because I didn’t want to spend money but because I am a perfectionist.
In retrospect, that translated to a huge amount of lost opportunity and money.
Don’t let perfection get in your way like it did with me. You can always perfect things later on but when you’re starting out, it’s better to get going quickly. You really only have to be a few steps ahead of your audience in order to make money.
If you let me, I’d like to show you exactly how to make money and start living a life of abundance so that you too can live and retire rich.
How To Make Money - Or More Of It
At the risk of sounding insensitive, I teach people how to make money not chump change.
If you want to make money from surveys that’s fine by me. I’m just not going to be the person to teach you how to do it.
When all is said and done, learning how to make money is not that difficult.
In reality, we all have skills, which properly applied, is our secret weapon to making serious money and achieving wealth.
How To Make Money While You're Employed
Are you employed in a field that utilizes or maximizes your best skill-sets?
Your knowledge, skills and experience are your bargaining tools.
If it’s your intention to remain employed and you want to earn what you’re truly worth, you need to learn how to negotiate in order to leverage your income.
Employers vs. Employees - Different Goalposts
Owning and operating a real estate business taught me a few home truths.
Every seller wants to achieve the highest possible price when selling a property. Every buyer wants to pay as little as possible. It’s human nature, right?
Well it’s the same with a job. Employers want to pay as little as possible whilst squeezing out the maximum benefit from their employees.
Likewise, employees want to earn as much as possible, but 99% of them have never learned how to properly negotiate their salaries.
Beware Of The Salary Expectation Hook
When I emigrated from my home country, I decided to take up paid employment before jumping into my own business.
I’d seen a position advertised by an employment consultant, who had disclosed the employer details.
So I rang up their offices and obtained the name and email address of the HR Manager.
I sent him my CV together with a cover letter motivating why I would be a good fit for them.
The following day they called me to ask whether I would be available for a Skype interview a few days from then. The position was in a city 600km (373 miles) away.
The interview was attended by the HR manager, general manager and department manager.
Within the first couple of minutes I was asked what my salary expectations were, on the basis that they didn’t wish to proceed unless my expectation was within their expected ballpark. I said $60,000. Hey, it was going to be my first position in a new country.
The interview proceeded, where after I was flown to their offices for an in-person meeting and duly engaged.
It was great to get the position, but the employer readily accepted me at $60,000.
So what was the problem?
The fact that the employer readily accepted me at that level, was a clear indication that they felt they would be receiving a greater advantage than the salary they were going to be paying.
By my book, I could have squeezed at least another $5000 to $10,000 per year out of the deal – but I bargained wrong from the get go.
Fast Forward To Six Months Down The Line?
In the first instance I wasn’t happy with my salary. I wanted more (greedy me, eh?).
Secondly, I was bored. So very bored.
So one day, in my boredom at work, I decided to look at an employment site. It was just a random decision at the time.
Guess what? It didn’t take longer that 30 seconds to find a similar position being advertised for between $75,000 to $90,000. The position was back in the city where I started.
So, thinking that I had nothing to lose, I called the employment consultant and subsequently sent her my CV.
Once Bitten, Twice Shy
When she asked me what my salary expectation was, I told her that I won’t be answering that question because I wanted to be selected based on the value I could provide to the employer.
I also made it clear that I responded to an advert that clearly indicated an upper range of $90,000.
Again, one day later and very unexpectedly, my cellphone rang. It was the owner of the business on the other end.
I got myself down to the parking garage so I could talk.
The conversation lasted for an entire hour. I was quizzed from every angle.
The Employer's Attempt
During the conversation, the employer intimated that they normally start people off at about $70,000, but he made it look like it was just thrown into the conversation and he didn’t harp on it any further.
He was already trying to condition me to that amount.
I was acutely aware of it, but too wise for him.
I didn’t utter a word. I was going to leave the salary negotiation to the employment consultant – a third party.
I knew that would give me leverage and I knew exactly how I was going to handle her!
Turning The Tables
The feather in my cap was that I was currently employed and I didn’t have to budge unless I wanted to.
Furthermore, the skills of a body corporate manager were in big demand. We were few and far between. And I was going to use whatever I could to leverage my salary to my best advantage.
Following the phone interview, I was flown to the employer’s offices for a formal meeting.
Good Dog, Bad Dog
I was in an interview with the owner (Gavin) and his wife (Judy). The conversation went like this:
Gavin: “I explained to Adam that we normally start people off at $70,000”.
Judy, “Mmm?”, (in a questioning way).
This is a strategy that I call Good Dog, Bad Dog.
But Gavin and Judy didn’t bank on me recognizing this though.
I didn’t utter a word. My lips were sealed!
So the prospective employer was probably under the impression that my silence was a tacit consent but I knew that once they made a formal offer of employment, the ball was in my court. And they did.
Level Playing Field
The score was deuce and I was about to play my best shot to take advantage.
A few days went by. Then the employment consultant called me.
She told me that the employer was deciding between myself and one other person.
But I knew better.
The employer would never have flown me to their offices unless they were really serious about engaging me.
She went on to tell me the employer was only willing to go to $70,000 to start with but that she was going to fight for $75,000.
More good dog, bad dog!
Returning The Serve With A Smash
“But Hazel”, I replied, “I already told you that it doesn’t pay me to leave my job for anything less than $85,000. If you can’t make that happen, the deal’s off”.
I knew that she didn’t want to risk her commission.
And I also knew that the employer couldn’t find someone else that easily.
I knew in my gut that there was no other prospective employee.
I didn’t push for $90,000, as advertised for two reasons:
- I would be getting a substantial increase from my current salary.
- I wanted the employer to feel he was getting a good deal too.
You see, employers want to feel the same way product buyers do. They want to feel like they’ve bought something – not like they’ve been sold something.
I got the job at $85,000 per year. That was a 41.67% increase.
How To Get A Salary Increase If You Don't Want To Change Jobs
What are the chances of getting a salary increase if you just ask for one?
About ZERO, right?
No employer is going to give you an increase because you want one or you say you need one. But if you can show that you’re worth more, you may have a chance.
The ONLY way to get an increase is to sell your skills in such a way that your employer sees a distinct benefit in what you can bring to the table FOR THEM.
In other words, the employer must RECEIVE more benefit from you than they will be GIVING away in salary.
If you can show that you can provide a solution to a problem or increase profitability or productivity – anything that translates to more money for the employer – you stand a good chance.
“But Adam, you make it sound so easy. Is it?”
NO. It isn’t.
Most times, your employer will try to stall. No employer just wants to suddenly land up footing a higher salary bill.
Invariably, an employer will try to fob you off with something like, “we’re going through a tough patch right now, maybe next year”.
The result? You walk away the lucky loser.
Or they could say something like, “we’re going through a transition right now. Let’s do a performance review in 6 months”.
If you don’t get a firm commitment for a salary review, in writing, 6 months will invariably come and go. And all you’ll get is crickets!
If you want to be really effective in securing an increase, you need some leverage as well as your proposed solution to their problem.
You see, the problem is that you accepted the position at a certain salary level. It’s not that easy to change things. Did you try and prove your worth before asking for a raise?
What would really put you in the pound seat is some additional bargaining power. But what?
Bear me out here for a while.
Find another job. Use the techniques I explained above to get a formal job offer at a higher salary.
It may take a little while to achieve this, but you’ve got nothing to lose and everything to gain.
Once you receive a formal written offer at a level that’s acceptable to you, you tell the new employer / employment consultant to give you a few days to go over the employment contract. Tell them you would like your lawyer to have a look at it too. It’s a good way to stall the process for a while.
Now you approach your current employer. Make sure you talk to the right person. You need to get high up to the proper decision maker, not just a middle manager.
Whatever you do, don’t disclose the fact that you have an offer on the table.
Now is your chance to once again sell yourself to your employer. You need to make it known that they have a problem which you can fix, using your unique knowledge, skills and experience.
You have to harp on the fact that they really need what you are proposing – not that you will benefit by what you have to offer. The only way you’ll benefit is by being paid commensurately.
If you get another fob off, it’s time to explain, in a very calm manner, that you feel you’re worth more in the marketplace. Ask you employer how they would feel about you looking around for a position that would reward you properly for your skills.
Here’s what you say. “I understand where you’re coming from, but I really feel that the market will be willing to pay me a bit more for the additional revenue / productivity that I can generate for the company.”
See what the employer responds with.
If the response is not what you want then ask, “Ok, I hear you. How would you feel about me looking around in the marketplace to ascertain whether someone else thinks I’m worth more?”
If they tell you to go ahead, it’s time to disclose the fact that you have an offer on the table and that if they aren’t willing to discuss things further, you MAY have to consider it seriously.
NEVER, EVER disclose what you’ve been offered. It’s not their business. That’s the ace up your sleeve.
This is where you get to judge whether they really need you or not.
At that stage, they will either:
- Negotiate with you
- Tell you that they will re-look at the situation in 6 months (or whatever).
- Tell you take up your other offer if you wish to.
This way, you’ll not find yourself without employment. You have a backup.
By the way, if they offer to re-look at the situation in 6 months – it’s a stalling tactic to keep you on at a low salary.
They’re dangling the proverbial carrot and it’s time to move on.
6 Months down the track, your other offer will have gone by the wayside and they too will have had sufficient time to look around for a suitable replacement which will give them some added bargaining power if you approach them again.
How Employers Try To Keep Salaries Low Within The Workplace
My wife is currently in paid employment.
Just a couple of weeks back, another employee complained to my wife about her salary.
The conversation was overheard by another employee and reported to the supervisor.
Whilst my wife never divulged her salary, nor did she instigate the conversation, she was called in by the supervisor and improperly accused of doing so.
Employers use salary secrecy to “shut their employees up” and keep them in the dark.
The main objective of this is to keep salaries low and to circumvent employees from effectively organizing themselves and creating fair labor practices, thus giving employers an unfair bargaining advantage.
In the USA, such practice is disallowed by the National Labor Relations Act. According to Monster,
Each country may differ so it’s a good idea to satisfy yourself as to the legal position in your own country.
Can You Achieve Wealth And Security In Employment?
The short answer is NO.
But let me elaborate.
As a salaried individual, your earnings potential will always be severely retarded. You will never be able to earn from an employer what you could earn by applying your skills in your own business.
That said, I suppose you can become rich if you regularly invest an appropriate amount of your income over the long term.
Naturally, it will take years of contributions to become rich. This means that wealth could ultimately be achieved.
However, you will never make enough money in the present to be able to live a rich life. And by that I mean being able to achieve freedom and control to pursue the things you want to, right now.
OK. That takes care of the question of wealth.
What about security?
Ugh … security?
What’s your notice period in terms of your contract? One month? 2 Weeks?
That how long job security lasts.
It doesn’t matter whether you’re the most trusted and respected employee in the organization. It doesn’t matter how good you are at your job.
Any number of things could happen.
You may piss off your employer causing them to oust you. Another recession may strike and you could get laid off. Your employer may sell the business and a new broom could sweep you out of the company. Your employer could go belly up, restructure, make you redundant – anything!
There’s only one way to achieve security and peace of mind. You need to create it for yourself. And that means becoming your own employer – owning your own business.
So Is There Any Financial Benefit To Being Employed?
[NOTE: The following applies to the USA. Similar laws and rules may apply in other countries, but the onus is on you to verify this].
Financially, there’s only one benefit to being employed.
Whilst there’s nothing in law to compel your employer from matching, or partly matching, your contributions to a retirement plan [401(k)], you stand to benefit if they do.
So if your employer matches your contributions of say $6000 per year, you actually land up investing $12,000 per year.
Taxation is another issue altogether.
Whilst your annual taxable income is reduced by the amount of your contributions [i.e. you save paying tax on the amount you contribute to a 401(k)], you are taxed (at your then current tax rate) on your withdrawals at retirement.
Whilst this may sometimes translate to a deferred taxation, it depends on individual circumstances. If your tax rate is lower in retirement, then you land up in an overall better position.
Let’s look at an example to make this clearer.
Earnings: $75,000 per year
Contribution to 401(k): $7500 per year
2018 Tax Rates
Without contributing to a 401(k), you are taxed on $75,000.
Tax Payable = $12,629
Net Income: $62,371
But because of your contributions, your taxable income is reduced to $67,500.
Tax Payable = $10,980
Net Income: $64,020
Effectively, you have saved the tax you would have paid on $7500 at your marginal tax rate of 22% being $1650.
Now we can’t predict what tax rates will look like at retirement, so the only thing you can work on is the following:
Using the figures above, if you contribute to a 401(k), your current average rate of tax is equivalent to 14.64%.
If, at retirement, your average rate of tax is the same, then your tax savings during the years you contributed are simply deferred to retirement. If your average rate of tax is lower than it is now, then you will benefit.
The Financial Risks Of Employment vs. Self Employment
Most people tend to think that being employed is less risky than owning your own business.
But that’s just wrong. It’s actually the opposite way round.
Remember the Bankrate graph earlier on? About one fifth of Americans are saving nothing towards their retirement.
And according to gobankingrates, about 42% of Americans will retire broke.
But self employed individuals are far more money savvy than their employed counterparts.
According to CNBC, about 30% of America’s workers participate in the gig economy.
(Source: T. Rowe Price)
39% of self employed individuals check their accounts more regularly. 32% are more on top of their bills and 23% are more hands on with their investments.
Additionally, a tax law change in 2001 allows self employed individuals to invest far more into their retirement plans than employed individuals can. This alone incentivizes greater financial security for the self employed population.
This leads me to believe that a far greater percentage of self employed individuals will be more financially stable at retirement than their employed counterparts. From my own experience, it’s always been that way.
So the way I see it is that employed people are living with a false sense of security. They feel safe within their jobs but in reality, they’ll probably never be able to retire.
So in the bigger scheme of things, it’s actually more risky to be employed and less risky to be self employed!
How To Become Self Employed
There are two ways to leave the workforce.
- Start a side gig and transition into a business as your income becomes sufficient.
- Quit your job and start your business.
Starting a physical business usually requires working capital. Even businesses like real estate, insurance sales and management consulting require enough working capital to see you through until you’re earning an income.
It’s also pretty difficult to start a physical business as a side hustle. In order to give yourself the best shot at success, you must be fully invested in your business.
So what’s the difference with an online business?
Essentially nothing – but with a caveat.
An online business is a business just like any other except that you can make money on the side while you’re still employed. This can help you to slowly transition from employment to self-employment.
I can teach you how to make extra money on the side but understand that like forces produce like effects. The money you make is going to be dependent on the effort you put in.
Things You Need To Know Before Starting An Online Business
Now I want to forewarn you that there are people out there that will tell you almost anything you want to hear to make a fast buck.
You’ll read that you can start a blog for free and make money.
Theoretically you can start a blog for free on WordPress – except for hosting it. I even created a step by step guide to create a blog for free.
But the truth is that you can’t make money online without investment. There’s no such thing as free. The moment you want to gear up to making money from your blog, you’re going to have to spend a little in return.
Here’s what you’ll need as a minimum:
- Good WordPress hosting ($48 per year – for beginners)
- A paid theme – forget about free themes. They’re not updated regularly and they’re more difficult to set up when you’re still learning your way around ($100 to $120 – once off only)
- A good page builder if you don’t know about HTML and CSS ($50 for a Pro option – advisable. Could get away with free for a short while).
- Good keyword and backlink (competitor) research tools – there are some good, free, keyword research tools available, but backlink tools don’t come free. There are some low cost options though ($14 monthly).
So, whilst the cost of getting a blog onto the internet and investing in some essential tools is quite low, there’s still the cost of …..
Learning About Blogging
Getting a blog live on the internet and customizing your theme is the easy part.
But writing posts and hoping that people magically land up on your site is like throwing spaghetti at the wall and hoping that something sticks.
I confess that when I first started out, I was reluctant to spend money. I had already designed a number of my own websites for my own businesses so I thought I knew much of what would be needed to become successful online.
Huge mistake. It cost me months of time and effort before I eventually resigned myself to the fact that I needed help. And desperately.
You may say that it only cost me some time but in truth it cost me money.
It’s cost me many months of lost opportunity. I could have been earning money online a lot sooner had I have educated myself properly at the outset.
It was probably THE biggest mistake I made.
My advice – take courses. Get educated. It’s an investment not a cost.
Well, What's To Learn?
A more apt question would have been, “what isn’t there to learn?”
I’m not going to go into a lot of depth here because you can read about some of the things you need to know in my post about how to make money blogging. It’s more specific to actual blogging.
But very briefly, you need to make sure that you choose a blog niche that is profitable. Passion alone won’t make make you money.
You need to know how to write content that is engaging.
And if you don’t know how to drive traffic to your blog, all of your time and effort will be wasted.
How To Make Money Through Investing
As you know, there are many ways to invest money. And it’s just not possible to go over all the different investment options in this post. And knowing what to invest in is a mixed bag.
In a very broad sense, the main types of investment are:
- Fixed Interest Investments. This includes most banking type investments such as fixed deposits and negotiable certificates of deposit but it also includes Government debt (aka Government Bonds).
- Equities. This includes any type of investment where private and public shares are held, including collective investments, e.g. mutual funds (unit trusts) and retirement funds such as 401(k)
- Property. Pretty self explanatory but may also include, for example, property mutual funds and property syndication (both country specific).
But what I really want to cover in this part of the article is the high cost of procrastination. Let’s look at an example.
Savvy Sam and Procrastinating Pam are looking at investing money for their retirement. They’re going to experiment a bit to see who earns more.
The term to retirement is 30 years and the monthly contribution is $200 without any escalation. Projected growth rate is 8% per year, compounded monthly in advance.
Savvy Sam starts investing immediately. After 10 years, he ceases to make any further payments but leaves his capital to participate in growth over the next 20 years.
Procrastinating Pam decides to wait for the first 10 years and starts contributing from the beginning of year 11 for the next 20 years.
Let’s see who has made more money.
Sam contributed a total of $24,000 and has amassed $181,469.
Pam contributed a total of $48,000 and has amassed $118,589.
In a different vein, trading in stocks is risky. Most people don’t get it right to buy low and sell high. Even large collective investment schemes (e.g. mutual funds) don’t try to time the market. The clever ones adopt a buy and hold strategy.
So the point I’m trying to get across is that timing the market is not important. It’s time in the market that counts.
As you see from my example above, prudent investing means starting early and adopting a long term time horizon.
How To Get The Life You Deserve
The three essential ingredients for a rich life are:
- A money manifesting mindset
- Making the right choices
- Taking action
Why do you think the millions of self help books tell you to focus on positive things and steer clear of negative thoughts?
Because what you focus on, manifests itself.
Frugalistas focus on gnawing away at their expenses and all they achieve is the victory of getting that shopping trolley of groceries almost free of charge. They never think about the BIG WINS and their lives are generally scarce.
Google trends shows that the popularity of the frugal living niche has declined from 2013 to 2018. You have to ask yourself – why? Are people wising up?
Because frugal living is not a recipe for making money and living in abundance, frugalistas deny themselves most of life’s pleasures. The result? A miserable life. Unless your idea of pleasure is cutting coupons all day.
But if you focus on making money, then money is what you’ll make. If you want to make it over the trees, you need to aim for the moon. You may not get the moon, but you’ll certainly make it over the trees!
I don’t know of any other kind of business that will provide you with the lifestyle that an online business will.
The beauty of an online business is that it gives you freedom and control over your life in every respect imaginable.
An online business will give you:
- The freedom to pursue the things you want.
- The freedom and flexibility to choose when you want to work.
- The freedom to travel to places you’ve only ever dreamed of.
- The freedom to spend more quality time with your family.
- The freedom to enjoy the pleasures of life and spend money on the things you enjoy without feeling guilty.
- The ability to send your kids to the best universities.
- The freedom to work from any location in the world.
- The freedom of not having to be present in your business.
- The freedom of not having to account to a boss.
- The freedom to reap the fruits of your own work without making someone else rich.
And The Cherry On The Cake Is Yet To Come
Remember how I showed you earlier on how 42% of the population will retire broke?
Well an online business is the best way to get around that problem.
How so, you may ask?
Almost every single successful online business is automated. In other words, systems and processes are put in place to generate passive income all day, every day. That’s where the saying, make money while you sleep, comes from.
Sleep. Retire. No difference. You’ll have passive income streams without having to work for it.
You see, the systems and processes are neither complex nor expensive to set up. The expenses will be fully covered by the profits of the business and there’ll be plenty to support you in your retirement.
And moreover, if your business is structured properly, there’ll be income for your spouse and family in perpetuity.
Now I want you understand that I’m in no way implying that you shouldn’t invest some of your earnings to build up your retirement nest egg and a substantial legacy.
That’s the whole purpose of making money. You see, the risk of living too long, like I mentioned up top, is actually the risk of outliving your capital.
But if you build up capital and you also have a passive income coming in every month, the risk becomes minuscule.
To Wrap It All Up ...
And this is where I fit in.
I’m going to teach you exactly how to make money by implementing these systems. I’ll give you the exact steps and scripts that many others have used to make money blogging and automate their success.
In short, I’ll show you HOW TO MAKE MONEY so that you can live and retire rich.
No longer will you have to worry about paying bills and doing without the things you love. You’ll make more money and have more time to do what you want to do and you’ll also have the freedom to live the life that you always dreamed of.
So tell me – what are you going to do? Leave me a comment.
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