Hello lovelies!
I have been out in the loop for a longer time. Yes, aside from getting glued on the screen, feeling great with the latest breakout of the index, I was also occupied with trying to figure out and set-up secondary source of income to beef up my cash flow. Honestly, I have a very low salary. There’s no way my present income can move the needle so I was figuring out how to increase my income.
Figuring Out how to Increase Income
Being frugal has its limit. I can only stretch my available funds to a certain degree. As I mentioned above, my salary is low. However, I have great fringe benefits (that compensates) that is keeping me with my present job.
The trigger
As I mentioned in my previous post, I have already been investing in the stock market. But my investment is just small because I can only manage to set aside a small amount to it due to my limited income. I’m an avid fan of Paula Pant of Afford Anything and in one of her podcasts or facebook posts {not sure :-)}, she mentioned on concentrating in increasing cash flow rather than scrimping, saving coupons. Although, just like her, I am not against being frugal and couponing. The point is, I can only do so much. There is a limit to stretching the budget. Focusing in abundance and increasing cash flow is the way to go. There area unlimited opportunities out there and all I have to do is seize it to increase my income.
How to Increase Income
The best way to increase income is to set-up side hustles that best fit your skills, interest, time and availability. Since I have a full-time job, my side gig consist of selling online stuff. I also do referral selling because my time is limited.
I have always been obsessed with stock and index investing and I’m focusing on these investment vehicles to grow my funds. I am wishing for a more healthy, peaceful, abundant new year 2018. Oh, since this is my first post for 2018, let me greet you a Happy New Year!
The best is yet to come. Believe and you will achieve!
