This is how Richers get richer.
Hi;
How your online business?
Shouldn't be hard to make some money isn't it?
In this thread, I just want to share, something that I learn through almost ten years of experiences in IM.
While making money is fun, there is more fun when the money grow by it self.
Perhaps you've come across the phrase, "Money make money".
It is simple, but can be very dangerous. Especially, when you don't balance the 'fear' and 'greed' emotions.
We are making money from IM. Let say, $1000 from affiliates, $3000 from selling own products and $1000 from other things.
So, in total, we are making $5000 that month.
From the income you make, you've to pay for tax, bills etc.
Let say, you take $4000 home.
Now, the question is, will you spend all $4000, or you'll save some portion of it?
There are few personnel money management technique you can apply.
You can apply Dave Ramsey technique. Or 6 Jars Method and so on.
While you learning the technique, why don't you just spend half of the money only.
The other half, you save it into your bank.
This is temporary.
While you adapt to investment world of course.
When you had learn where and how to invest, don't invest all the savings, instead just half of it.
Let say, you are interested into Stock Investment, so, don't use all the money buying stock.
By doing this, few years from now, you'll see, your money is expanding.
Not only from your active income (IM things and business), but also from investment itself.
ps : when my main income slapped by Google few years ago, my life was saved, by my investment.
While looking for recovery, it really help me.
Regards;
Raja Kamil
How your online business?
Shouldn't be hard to make some money isn't it?
In this thread, I just want to share, something that I learn through almost ten years of experiences in IM.
While making money is fun, there is more fun when the money grow by it self.
Perhaps you've come across the phrase, "Money make money".
It is simple, but can be very dangerous. Especially, when you don't balance the 'fear' and 'greed' emotions.
We are making money from IM. Let say, $1000 from affiliates, $3000 from selling own products and $1000 from other things.
So, in total, we are making $5000 that month.
From the income you make, you've to pay for tax, bills etc.
Let say, you take $4000 home.
Now, the question is, will you spend all $4000, or you'll save some portion of it?
There are few personnel money management technique you can apply.
You can apply Dave Ramsey technique. Or 6 Jars Method and so on.
While you learning the technique, why don't you just spend half of the money only.
The other half, you save it into your bank.
This is temporary.
While you adapt to investment world of course.
When you had learn where and how to invest, don't invest all the savings, instead just half of it.
Let say, you are interested into Stock Investment, so, don't use all the money buying stock.
By doing this, few years from now, you'll see, your money is expanding.
Not only from your active income (IM things and business), but also from investment itself.
ps : when my main income slapped by Google few years ago, my life was saved, by my investment.
While looking for recovery, it really help me.
Regards;
Raja Kamil
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