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Making Money Goals

How to Supplement Your Income

This is what I want you to do. Save up $1,000 as an emergency fund. Once you have it, do not touch it and put it into a savings account with your bank. Earning at least a little interest on your money. Pay off your debt, tackle it from smallest to largest. Once debt free, you want to earn interest on money and supplement your income. To get debt free you want to lower your expenditures and maximize earnings. To do this work seven days a week if that's what it takes. I currently work at a pizza place and a sub shop. I do surveys when I'm at home and I earn $700 to $2000 per year off of this method alone. You too can follow the link in this text for the top cash paying survey sites. I've researched them for a long time to find them and it will save you a lot of time looking for them.

So you're now debt free, working seven days a week. Now you need to set goals for your investments. Given the amount of time, you've spent working you're not going to want to work this way for very long. Am I right? So save up $1,000 and put it directly into a safe dividend paying stock. Ones I would consider would be Coca-Cola or PepsiCo. On this $1,000 you will make a little over $3 per month—it may not seem like a lot at first, but this will grow as you expand your goals. It will give you the power to take an extra couple days off per year, for rest. Once this goal is complete, your next goal should be another $1,000, and so on and so forth. Once you reach $5,000, you will be making $15 per month passively. Other investment ideas you may want to consider if this amount doesn't do it for you is bitcoin store. You want to click the mining tab and purchase some cloud investments. You put money in, and for $200, your average daily profit will be $1.10 per day. This is risky so make sure you put some into safer investment options first. I would only recommend putting aside 10 percent, of your total asset allocation into this option, but you can play a little on either side, just be prepared for it to not always turn out the way you want it to. Keep in mind you will still have your jobs to fall back on if you so wish. This is just a bonus.

OK, so now what you want to do is just keep staying on the course. You're working seven days a week (at minimum wage this is $2,400 per month). Say you need $1400 for expenses. The rest is entirely dedicated to your goal of leaving one of your jobs. And eventually leaving both of them. Five months and you will have $5,000 into a soft drink stock paying $13.75 a month. But maybe you want to go big, just prepare for a harder fall. Say you invest $5,000 into the cloud mining of Bitcoin this will pay $35.92 per day, and if it sustains itself for long enough, this will be the best option. You can leave your second job or choose to stay and make $3,100 a month from all of your income sources.

As soon as you start receiving you bitcoin payments, put it directly into some kind of dividend paying stock. Do not risk buying more mining. This is a mistake I made last year. Because the difficulty of mining went up and essentially made my account worth pennies in a day. So once you reach the position you want to be in, stop and think for financial safety.

OK, that pretty much sums up what I had to say in this article, and be sure to search more of my strategic stories that I will continue to write on here.

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