You can earn the money that your mindset will allow. This is the main reason why there are people who are financially successful and there are people who are struggling in earning more money. Unless you upgrade your mindset about money, you’ll stay in your current financial situation.
The mindset that gets to where you are now is not the same mindset that will level up your financial status.
Your beliefs and the decisions you made with your money were the results of what you believed to be true about money. Here are the best, proven secrets that will help you earn more money in the next few months.
1. Rewire Your Brain
Power is in the repetition. Bombard your brain daily with the beliefs you want to adopt for financial success.
One of the wealthy people habits is to continuously stand guard at the door of their minds. If it doesn’t empower and make them better, they move away from it.
Fill your environment that will support your goal to financial independence. Post reminders and inspiration on your wall where you can see and read them daily.
Successful companies spent millions of dollars on advertising because they know the power of programming whether be it on radio ads, tv ads and online advertising over the years of their existence. They advertise consistently and put their brands into people’s brain through consistent advertising.
Since advertising is already all around you, why not program your brain with the messages and beliefs that will benefit you in the long-term?
2. Manage Your Money
Regardless of the income you make, you will not get far with your money if you don’t have the skill to manage your money. Money is important in daily life.
Invest in learning a skill about managing money. Here are some tips to managing your money the moment you earn it. Create these five accounts. Divide it before you spend it.
1. 50 percent Necessities account – this is for your daily needs.
2. 10 percent Spending account savings – for expenses that may arise.
3. 10 percent Travel or Play savings – for enjoying the money you earn.
4. 20 percent Investment savings – you’ll invest this money mainly in stock dividends, bonds, index funds, business and real estate where your money is set to work hard for you.
5. 10 percent Give savings – you’re saving for the cause you want to help or make a donation to.
Control your money and don’t let money control you. Decide and choose where your money will go and how you want your money to work for you.
Many professionals who are high income earners have little or no savings at all. It is not how much money you earn, it is how you manage the money you have that makes a difference.
Managing money is a skill. The more you do it, the better you get at it. Do it and only operate in cash or debit card. Move away from credit card.
Start managing what you have. If you look after your money, money will after you. You’ll notice more money will come into your life because you’re taking care of the money you earn.
Focus on your needs and love when you spend your money. Your likes and wants are temporary. Necessities, food, housing, transportation are examples of needs. What you value is your love. Think about what would you love to do when you have the money? Where would you travel? What would you learn?
4. Save to Invest
Financial freedom is only possible if you work hard in beginning and then you consistently save money for investing.
Do this process until your passive income can pay your expenses and lifestyle where you don’t need to work for money anymore.
Rich people found a way to solving big problems for money that they are happy to do and they invest their money to build wealth. They worked hard and they reached the point where their money is now working hard for them. They don’t work because have to, but because they want to.
What do you want to do that makes you happy that provides value to people? Think about it, really think it through. Spend time and do creative activities to find it. Once you have the answer, think of ways on how to earn money from it.
Rich people are laser-focused in making more money for their savings and investments. It is a habit they built for years and it became automatic to them.
5. Multiple Sources of Passive Income
Millionaires have many sources of passive income. If you rely on one income from a 9-5 job, when that income is gone, it’s gone.
Start creating income from many sources. It’s better when you can manage working from wherever you are like an online business. Start to create your own small business website to get started.
Get into side hustles that bring extra cash into your account. Here are some side hustle job ideas that you can build while you have a 9-5 job:
2. Create your personal brand and big followers on Twitter then you can monetize it.
3. Get into an online business by starting a blog.
People who get rich works hard in the beginning. The rich are investing money to make more money.
Your mindset about money is crucial to your financial success. Once there is more money coming to you, don’t increase your spending. Live within your means as your income rises.
Focus on saving and investing your money. Your goal is to make money that will make money work hard for you in your lifetime.
Money has little to do with happiness. If you’re not happy without money, you won’t be happy with money. Enjoy your life while you’re working to save and invest. Don’t wait for you have a lot of money before you truly live.
Today is the Best Time
Don’t wait to start making changes in your financial situation. Stop procrastinating. Don’t let procrastination delay and steal the best of your future.
Today, you have the opportunity to rise and seek financial opportunities. You’re reading up to here because you want changes and solution.
Don’t stop until you reach your financial goals. Set a goal that is so big and feed your brain daily with empowered thoughts.
To sum up, adopt a side-hustle mentality, work hard every day to earn more money. Start an online business. Buy index funds or stock dividends. Put your money where it can work hard for you while you sleep and enjoying life! The purpose of your hard work is to make you financially free where you don’t have to worry about money at all.
If you want to become an action-taker like the highly successful people, click here to learn about stopping procrastination for good.