Find Your Stop

The last couple of weeks I’ve talked to you about how we as a nation have acquired so much debt and also what our current economic realities are. Well, that’s enough of that. Remember, like attracts like, so the more energy we put out there on debt and other unfortunates, the more we will attract it. If you want to have wealth you need to think wealth.

A goal that everyone has (or at least should have) is to achieve financial freedom. You may have said this yourself at one point or another, but what does that really mean? Basically, this means that you work because you choose to work not because you have to work. Imagine if you had passive income coming into your life on a monthly basis that paid your bills. I would venture to say that the decisions you make would greatly change. Maybe you would work for a different company. Or maybe you would work for the same company, but with much less stress in your life. Whatever your decisions, I’m sure you would agree they would be different than they are today. In this update, I’ll be helping you achieve just that.

When I tell people that in order to be financially free they must have multiple sources of income, one of the first responses I get is, “I am SO swamped, I don’t have time.” The real reason is because you value something else more. Going out to dinner, having drinks with friends, practicing and playing games on various sports teams, and watching T.V. are all time consuming events that steal your time. If you want to know what people value, look at their calendar and their checkbook.

I heard a story by a woman who used to claim she had no “time” for another source of income. She had her 8 to 5 job, then carpool, meet so and so… you know the story. She had begun trying to make extra income, but then ran out of “time” to really build her business, so let it go by the way side. After a few months, her child got ill. They didn’t know what was causing his illness so she was taking her son back and forth to doctor’s appointments, off to tests, and the whole nine yards. (Important note real quick: her son is now fine and healthy.)

Once her child was healthy, she picked up her life where she had left off, of course not “having time” to focus on an extra source of income. One day while she was telling someone about not having time to focus on extra income, it suddenly hit her. She realized the time it had taken her to drive her son back and forth to doctor appointments. She realized that it wasn’t that she didn’t have time now; it was that she didn’t value it. She didn’t put an importance on it. She changed her mind that day. A little over 18 months later, she reached the $25,000 a month mark on her “extra income” business.

I told you that over the next few weeks I was going to share with you how you can bring in an extra $1,000 to $1,500 a month. Wouldn’t $1,500 of extra income per month change your financial life right now? Heck, $500.00 a month would change things financially for a lot of people. If you haven’t already looked at the numerous extra income opportunities available to you on our site, do so now. Get some additional information on a few of them. If you don’t want to find ways to make extra money from our site, then find another place to research extra income opportunities. Just start researching. Here is lesson number two on how to make more money. Before you can start something, you have to stop doing something else. While I realize this may like a simple step, it is in fact, a critical step.

Too many times we are so ready to start something new that we forget that we have to stop doing something else first. That’s why people feel they don’t have the “time” to do this or that. That’s because they forget the simple step of stopping something old before starting something new. If you want to start reading more, you have to stop watching T.V. If you want to start spending time with your family, you have to stop going out with your friends. And of course, if you want to make extra income so that you can start down the path of achieving financially freedom, you have to stop something else.

Anytime I want to start doing something, I write down everything I do currently -what time I do it and how long it takes me to do it. I keep these notes for about 3 or 4 days. Then I figure out how much time I will need for what I’m going to be starting, look at my notes and figure out what I’m going to stop doing.I’m not an early morning person, but there have been times that I had to stop sleeping in so I could start my new. This isn’t going to be easy, but again you have to figure out what you value more. So until next week when you get lesson number three, find your stop.