How to get money working for you

How to get money working for you

How to get money working for you

One of the key steps in achieving true financial independence is to learn how to make money work for you. I teach, train and mentor that people should Never Work For Paper, however in the early days that are things you need to do and put into place in order to work towards this as a goal.

A key difference between those who are wealthy and those who aren’t is that wealthy people have learned how to make money work for them. I for example get paid whilst I sleep. I get paid every 20 minutes, 72 times per day, 365 days per year. Even on Christmas Day and Bank Holidays.

It hasn’t always been this way, I have worked hard to get into this position.

 

Below are four ways that you can easily do to make your money work for you.

How to get money working for you

Get honest about your budget 

The very first step in making money work for you is to get completely honest with yourself about what money you have coming in and where it is going. By listing everything, and assigning your money to your category of expenditure, you take control. Knowing where your money is going can sound very simple, but you’ll be surprised at how many people have no idea and regularly live beyond their means.

When you know exactly how much is left over once all essential bills are paid, then you can make further decisions and prioritise about what you want to spend your money on. Be careful to pick things that are going to take you closer to your goals.

Eliminate your personal debt 

Debt is a burden and limits the choices you can make. With whatever is left out of your budget after you have done your calculations, make a commitment to reducing your personal debt as quickly as you possibly can. This might mean going without luxuries for a while, however I can guarantee that it is worth it.

On that note, also remember that in terms of credit agencies, some debt is good as it shows that you can manage money – in case you need to borrow money in the future. Choose wisely what debt you allow yourself to have – such as a mortgage which is a long term investment. Spending frivolously on things you can’t afford with a credit card is not considered good debt.

Save what is left 

Poor people plan for Saturday night whereas rich people plan for the next 10 years. Start putting aside what you have left over at the end of each month and begin to build a buffer for yourself. I suggest that you look at setting aside 12 months worth of income, in case of illness or other issues, so that you are able to get by in the event of something happening.

This requires sacrifice, of course it does, however when you are in a stronger position you can then begin to enjoy life again.

Join MyAdvertisingPays (MAP)

MyAdvertisingPays (MAP) has already created seven millionaires. There are 250,000 members already across the world in just over 2 years, and the business is growing at a phenomenal rate. The opportunity is providing people with the right vehicle, the platform, to make a passive income – such as that you would traditionally gain from a rental property for example.

How to get money working for you

If you want to get money working for you and begin to take steps to reach true financial independence, then start doing your research. Have a look at my previous blog post – How MyAdvertisingPays (MAP) works so that you can begin to learn more about the business and what it involves.

Have the best day ever, 

Simon Stepsys 

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If you like this post, please share the love and/or leave a comment with your thoughts. If you have your own website it’s always a good idea to leave a comment as you’ll get a link back to your site, as my own site will give you an organic link.

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The MAP Addiction! A MUST read

Last but not least, my new book, The MAP Addiction! is getting close to release! If you would like to be first on the list to receive a copy then send an email to TheMapAddiction@gmail.com with your name and ‘Reserve me a copy of The MAP Addiction’ in the subject line, and you will be amongst the first to know.

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This one-minute video shows you how… Visit: www.PaysDaily.com to watch and get started.

How to get money working for you

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2 comments

  1. Thank you Simon for sharing your knowledge and wisdom with us. If everyone did what you say over the next few years we’d wipe out that huge debt no problem and we’d all be financially free without any help from any so called politicians! 😀

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