Do you want to know how you can make money this year? There have been a lot of struggling last year, the bills still coming and it seem this year is also going like that? To make 2018 your most lucrative year yet, you may have to do some things differently than what you’ve done in the past.
Here are 10 action items that can put you ahead regardless of what happens with the economy in the coming year and beyond:
It is pretty hard for many people to be accountable. What do I mean to be accountable? It simply means putting down details on how you going to spend your money. You have to become your own CFO. You have to completely be aware of your finance. I tell you nobody cares about your finance than you do. That’s the first step.
This is the second step, what do i mean to be frugal? It simply means cutting down some expenses. It is not every thing you need, you need to learn how to cut down a lot of expenses. Being frugal can actually change your life. Keep some little change with you, because there are some emergency stuffs that can come and you be like, I don’t have money again. That’s more like an advice on how to help you save money. Because I realized, this is one of the problem people face.
3. Go on a Break
Now we are on a hit, what do i mean to go on a break, it simply means you need to stay out of your comfort zone and go find work to do. There are lot of people who complained they don’t have money, but still attached to the TV 24/7. Don’t get me wrong, I didn’t mean you shouldn’t have time to cool, chill out with friends, watch TV. Because you want to make more money this year, you going to excuse yourself from the TV for a while , maybe 30 days and you going to see changes.
4. Be more Concerned about Yourself
Actually, this actually looks weird as it is, but you need to treat yourself first before reaching out to other people. Change your lifestyle and you going to learn to change others. That’s the key, so for now be more concerned about your success, be self dependent. The problem is that so many of us put others first and then aren’t able to help ourselves.
You can also check out
- How to make money Blogging
- How to Quit your Job and become a Full time Blogger
- Ways to make extra money
- 10 ways to make money online from the comfort of your house
- How michelle makes over $100k from her bog per month
5. Help others
You’ve read in step 4 that you need to be more concerned about yourself, well as that is true, you need to also be concerned to help others. When you help others, doors also open to you. That’s the key. Impact lives and your life wont be left untouched. If you want to make more money this year, be like you are rich, act like you are rich and work towards it and I tell you the rest is a mystery.
6. Have Plans for your Money
It is very important for you to have a good plan for your money. Your money is like a house, once the foundation is not strong, the end result is fatality. So therefore, learn to plan for your money. Let’s say for example, You make $200 per month, let 70% of the money go into your expenses, 20% for saving( no matter what, you shouldn’t touch this money), and the the other 10% for anything you wish, but the most importantly, save 10-20% of every money you receive and I tell you, before the end of this year, you going to be glad you took the steps. That’s the secret to be rich
7. Have Alternative Source of Income
How important for you to have a side hustle income,check the Billionaires, they have different source of income, Warren Buffets keeps on investing on different businesses, Mark Zuckerberg have other network apart from facebook . One thing have learned is that, never put your eggs in one basket. You need to add another income stream.
8. But have a Standby source of Income
You need to focus on a passive and residual income. The one that brings money every month. Examples of this include the investing, owning real estate, running an online business Read my tutorial on how to create a Profitable Blog or you can join my free Blogging email course that will help you to make money every month, and writing a book (whether soft or hard) and you sell. If you’re going to do the work, you might as well get paid over and over again for your efforts. Work hard, but also work smart, and you’ll much sooner find the freedom you dream of.
9. Track your Progress
How far have you gone? You need to learn how to track your progress, how you are improving. How much money have you saved and how much have you spent. You can use Mint to always track your net worth, it has been helpful.
10. Don’t go too Extreme
You read that right, I know you have goals, you do have a particular thing to achieve for this year, but make it real don’t go too extreme. there are a lot of people that set goals for this year and they are not near getting it. Why? Because they went too extreme. Make it simple and make it Big but being Real is the key.
That’s it; 10 steps that can add up to enormous changes. Remember, new and better actions will lead to new and better results.