WAYS TO INCREASE YOUR INCOME

Financial literacy has over  the years been neglected,

It has not been made important for every student in educational institutions across the globe.

Financial literacy is really useful for everyone in life in terms of  securing financial independence.

With  every DOLLARS  that comes to you , you decide whether to spend or invest and your decision tells everything.

So let's look at ways to increase your income:

(1) Live below your means within your needs

It really helps when you are more concerned about your needs only.

That is when you will have some extra cash to build wealth.

Only focus on buying what you need not what you want, for instance

"When you are given 100 DOLLARS to buy clothes, only use 60 DOLLARS to buy the ones you need and invest the rest in assets

That will bring income."

(2) Focus on having more ASSETS than LIABILITIES

To gain financial independence and increase your income,

You will have to understand the difference between ASSETS and LIABILITIES. 

And always make sure you have more ASSETS than LIABILITIES to increase your income.

 ASSETS  are  properties that  put money in your pocket like a rental property and  a piece of land.

While LIABILITIES are properties that remove money from your pocket.

(3)  became more valuable

Well, it is when you are valuable that  you can provide value, 

And the more value you can provide to the society, the more you will possibly earn and increase your income.

So you have to work on yourself first, learn from your bad experience and learn from other people's experience.

Also read books about finance, influence,your religion, and get to know more about what you are passionate about.

That is where you get inspirations from.

(4)  become an entrepreneur 

Now it is time to take action since you ve already gotten some inspirations.

Look for problems to solve in your community, state or country, fix it, 

give the value and you will earn and increase your income that way.

Every frustration is any opportunity to make money from, fix it and become an entrepreneur.

(5)  develop high income skill

Don't trade time for money become it is not worth it. It is exhausting and boring.

Take your time to develop a high income skill because it is worth it and less stressful.

When learning  high income skills do not multi task yourself. Learn them one by one 

Because there is a saying that goes:

‎”I fear not the man who has practiced 10,000 kicks once, but I fear the man who has practiced one kick 10,000 times.”

             BRUCE LEE.

High income skills like AFFILIATE MARKETING, COPYWRITING, SEARCH ENGINE OPTIMIZATION(seo), PUBLISHING and PRODUCT DEVELOPMENT.

When developed will increase your income.

(6) start a side income business

Are you an employee  who is always busy with work?

Then don't worry we got you covered, 

Hire people to run your Side Income Business like :

TRANSPORT SERVICES, as people often move around from one place to another there  is always demand.

 

COOKING  AND BAKING SERVICES

There is often ceremonies and events happening around AND there is high demand for delicious delicacies and snacks.

ONLINE COURSE TRAINER

well, if you are a teacher or you are very good at something then you  can make online courses and sell  on platforms like UDEMY and TEACHABLE to increase your income.

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(7) buy and sell company shares

Don't focus on saving money in bank ,focus

On ways to multiply them. You can invest some of your savings in STOCK TRADING,

Buy shares at low price and selling them when the prices go up with BAMBOO APP and monitor the stock market with YAHOO FINANCE.

TAKE ACTION NOW GAIN YOUR FINANCIAL INDEPENDENCE AND 

INCREASED YOUR INCOME.IT IS ALL UP TO YOU...