What is your side hustle?
If you want to become a millionaire, you need to have a system for saving money. You have to “pay yourself first” as they say… meaning set aside a portion of your income as soon as you receive it. This money you save is strictly for investments and business opportunities and nothing else.
If you really want to ramp up your game and reach your first million even faster, you need to increase your income as much as possible (while at the same time, decreasing your expenses or at least not allowing them to increase- allowing you to have a substantial personal positive cash flow every month).
So you have a regular 9-5 day job. How exactly are you supposed to increase your income? You need a side hustle!
A side hustle is somewhere you get additional income on top of your day job’s salary. This can be anything from a second job, moonlighting, or a home based business of some sort. For example, some police officers have the ability to work off duty security jobs through their respective agencies. This allows them to pick up extra hours on top of their normal schedule. The only problem with this option (or having a second job all together) is that it requires you to “sell your time,” and we only have so much time in this life. Time is very valuable.
My favorite option for a side hustle is a home based business. I currently have multiple side hustles I am working on that help bring in additional monthly income that I put straight into my savings account (which I use to invest in real estate). I recently started a new side hustle that I am really excited about! This side hustle has the ability to produce and extra $500-$1,000+ per month in passive income per month! PASSIVE INCOME is the key word here. That means that I will continue to make money month after month after I have put in the work… meaning that I have found a way to separate time from money. This is the key here folks… Passive income is how one achieves financial freedom.
If you want to learn more about this side hustle I have going on, I’d like to invite you to go to the company’s website and check it out for yourself. I don’t want to scare anyone off by trying to explain everything myself. There are 4 very short videos (2-5 minutes each) that you should watch which will tell you everything you need to know. I do not believe that this side hustle is for everyone, in fact, it probably is not for most of you. However, there may be a few of my readers out there somewhere who could be very interested in joining my team on this.
Here is the link to the website…. remember, just watch all 4 of the short videos before you decide whether or not this may be for you. Have a great day guys and I hope this helps some of you out there who are on your own personal journey to making your first million!