If you are a fiscally responsible person you have at some point taken a pen to paper and created a financial diagnosis of your situation. It might have been as simple as total money in versus total money out or it could be a beautifully segmented pie chart with colors and figures rounded to the nearest 110 of a penny.
Have you ever made a career budget? I am not talking about a monetary assessment but more specifically taking inventory of the effort, resources and time investment that it will take to succeed. If you set clear goals and have an even clearer vision you can budget your home business efforts and make sure that you don’t hit entrepreneur bankruptcy. That will be the moment that you just throw up your hands and quit.
There are financial experts that will talk about 401k’s, IRA, retirement funds and stock investments but very rarely do they recommend a dollar amount to put towards growing your skill set. A combination of monetary and time contributions to your personal growth might have a bigger payoff than any other savings option you have.
Sure it’s nice to have a nest egg that will be there when you are in your mid-sixties but wouldn’t it be nice to have a few bucks to enjoy before you are getting discounts at your local Denny’s on Senior Sunday’s? Wouldn’t your kids benefit from saving for their education now instead of mortgaging your already financially depleated residence?
You owe it to yourself to at least look into other revenue streams and what better opportunity than one that pays you a residual income? Something about getting paid in the future for work you did in the past, it just sounds cool. Invest in the hottest thing going…Y-O-U!
If you know exactly what you need to do, have your hopes and dreams etched into your mind and soul, nobody can foreclose on your dreams. Be your own success accountant and take control of your life and stick to the map that you have devised
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