“Formal education will make you a living; self-education will make you a fortune.” – Jim Rohn
My Journey So Far
The past couple of weeks I have been working on a plan to implement my income strategy. There has been a lot of thinking, and a lot of putting pieces in the right spot to achieve my monthly/ daily goal. To recap I have a goal of covering my outgoing debt expenses each month which is roughly $3500.00/ a month. You can read a little more about my strategy here. This is not financial advice. Please do your own research before making any investment/ risk on decisions.
The set up has not been easy, making money outside of a day job is not something that school or formal education really sets anyone up for. This has required a lot of research, studying and time to figure out how I can make money on my terms. The beauty of income is that there are literally millions, and billions of ways to do it, so you can really have freedom in how you earn money. So how did day one and two go? And is my plan fully in place? The short answer is day one went great, and now the plan is still being put into action.
My Income Action So Far
Day one was good. I covered far more than my daily goal thanks to Uptober, and day two has been about the same! So far off to a great start. I even had a win with the stock market yesterday. The focus now will be tracking the gains, and taking some profits to secure a larger ROI in the future with better liquidity. These first few days have really given me some out the gate confidence, and hopefully I can keep this pace for the rest of the month!
There are still pieces of my strategy that have not netted a return, or been fully implemented. Sports betting is still a work in progress, and I haven’t really committed to an action plan just yet. This blog, and podcast still have yet to have a monetization plan come to light, and action on that part of this project has been really slow. The plan to gain new skills, and expand my personal capabilities has not been finalized. Aside from the investment, passive knowledge I have been focusing on for the past few weeks. This has been my income action so far.
To Conclude
I will end with this: Careful planning, understanding risk, and taking action can change your life forever. Many people who have not invested, and are not working on any strategy to expand their income beyond a single or two income sources. School, and formal education don’t teach us how to get ahead and beat the system. It is up to us as individuals to define our goals, our success, and gain the knowledge to accomplish it all. I am at the beginning of my journey, and I can’t wait to see where it goes. You can do it too! Just remember to do your own research before you commit to anything with risk. This is not financial advice. Thanks for reading!
