Do You Spend, Bank or Invest Your Internet Income?
As a teacher I try to get my students into saving money. I want them to be rich by the time they reach my age. I want them to learn how enjoyful saving money can be. I want then to know that through simple easy saving and investing they can have the good life. Not have to work there whole lives in jobs that they hate.
You see my students, and you would know this if you have children, think that they will ahve everything supplied to them for the rest of their lives. They still think that mum and dad will be there forever handing out money. They have yet to realise that they have to go out and work.
Now I guessing but if you guys are trying and are making making money online you are probably like me and hate working for other people. You want, like most people to ahve enough money to do all things that you want.
So what do you do with your money? Do you spend it as soon as you get it (like my students) and then have to go back and make more?
Do you bank it and hope to live of the interest?
Or do you invest your money so in the not to distant future you can stop working all together and live off the money that your investments are making?
Personally I am trying to have money in the bank, some into shares and the rest into property. I am after multiple income streams. I believe that to be the best way to have enough to live on for the rest of your life?
So what do you do?
Oh and I am not after you bank details or credit card numbers. I just want to see some honesty about how poeple think about money, work, investing and spending.
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