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Archive for the ‘increase income’ Category

Money: Extra Income

09 Jun

I like money. I am unabashed about my appreciation for it. However, I lack the stereotypical cutthroat ruthless drive for it. Some people feel it’s necessary to step on others and damage people to make a living. I don’t feel that’s required.

Business-like should mean honest, respectful, reliable, and professional, not a grudge match that belongs in kindergarten or grade school. I also don’t mean one should work for free (unless you are volunteering out of a spirit of giving), or be exploited, but people should be fairly compensated for their time and effort.

Money brings up the ugly, dangerous, and scary in people. I often wonder if they understand what it is and the actual purpose of it. It’s a tool. It’s legal tender. It’s the satisfaction for the cost of goods and services. Not the root of happiness or evil.

My motto is to work hard, be masterful about it, and be as highly compensated as possible.

Nothing is free. The moment anyone spends time doing something somewhere, energy is being consumed / expended, which is cost. Time is passing and someone is using their brains to make, create, or contemplate, which is also cost.

On occasion, even as I work full time, I have always sought out extra income: be it part-time, or something I’m selling on the web, or in classified ads. What I’m mystified by are the reactions of some people once they see or guess the nature of my background – be it employment or education.

Their reactions have the air of: Don’t you make enough? What are you doing here?

I wonder why they feel entitled to have that kind of arrogance towards anyone WILLING and able to WORK. Years ago, I had one chick tell me she hopes my social experiment was successful. I just smiled at her. Money is money. I didn’t consider the job beneath me. That strange disappointment was on her.

I’ve worked since I was 10 years old. Even while I was in college working part time, I earned extra money typing up documents for people. Whenever there was an opportunity to make more, I grabbed it.

What’s different today is the opportunity for residual income has increased exponentially. There are so many opportunities via the web that time is the only handicap. These opportunities must be researched, tried, and constantly tinkered with, but once one is successful or satisfied with the outcome, there are only more opportunities to try.

I’m slow about it, but I think I’m finally catching up with my expectations.

 

Ask Yourself This Question

03 Mar

Are you a grasshopper or an ant?

In this economy, even if you are in the majority who are working, or the significant part of the population that is not, it is never too late to prepare.

It is not hard. For every purchase you make: set aside money, buy a few extra cans of food, water and emergency supplies. You only want items that will last for the long haul. Keep a notebook as a checklist and write down the date and cost. You don’t need to go crazy, just be methodical.

Stop buying things that you quickly dispose of. You might as well be setting your money on fire.

Cutting back doesn’t have to be painful or indicative of a life of penury. You are preparing yourself to cushion through hard times, natural disasters and man-made disasters. You are preparing yourself to not worry and have a good nights sleep.

There are things that worry you, then make a Top 5 list of them. Find a way to solve them one by one. Give each a deadline.

Get to it. Save yourself.

 

Cutting Spending and Saving Money

15 Jun


I am a spendthrift. Money burns a hole in my pocket. Currently, it is an incredibly deep hole. The philosophy to follow when one is in trouble is to stop digging.

I will stop, and find a way to climb out of this hole. I have to organize. I used to be so proud of being a hustler. I don’t know what’s been going on my head for the past few years. I’ve truly lost track of myself.

Short term goals:

1. Track spending: write down what I spend.
2. Limit my spending.
3. Save weekly what I did not spend.
4. Create additional income.

I don’t follow a budget. I do track current balances, and know where the money is going when fixed bills are due.

I will get more anal, and detail every single cent I spend every day. It’s like being on a diet. I may not like it for the short haul, but over a period of time it works (at least for me).

I’ve been looking for ways to save money. I wont know where to cut until after I’ve studied my spending journal. My gut (har-har-har) tells me I spend too much on food and entertainment. Yet, there is only so much I can cut back in those areas.

I have an investment account I emptied out. Last week, I started squirreling money back into it. Initially, it’s not much. It’s the equivalent of money I spent daily on coffee per week. Later on, I will double that amount.

Last, but not least. I have to look at where to increase my income. I’ve got too much month, and not enough money.