According to experts, more than 47% of Americans today cannot pay $ 400 for an emergency without having to borrow that money.
The secret shame is that the majority of that 47% had full-time jobs when answering this question.
That number is even worse today, as millions have lost their jobs.
Losing your job means that your lifestyle has changed and the pressure placed on you is immense.
Multiply that by what happened to the economy during the corona pandemic, making it much harder to find a job to be able to pay for necessities like food.
Years ago, I experienced the loss of my job and found myself without savings as I lived from check to check
I was unemployed for four months and in those four months the shame of what had happened to me was overwhelming.
I served in the United States Air Force in Desert Storm with an honorable discharge.
I got an education and had a master’s degree and was a fully licensed x-ray technologist. By all appearances, I should have done fine, but the truth is, I had lost my job and had no way to replace that income.
I was finally able to get a job.
It was then that I started my journey to not allow this to happen to me again.
This is my driving force behind the creation of this video and my website myincometrek.com was created.
I decided to start a process to avoid the pain and embarrassment of not having enough money while having a full-time job.
I started learning about how to start my own online business:
I wrote my first book on a subject with which I was very familiar.
The way I wrote this book was at night, on weekends, and during my lunch breaks at work.
I know what you are probably thinking. You probably think that I wouldn’t get too tired working in a hospital, working inside an AC hospital. But, there are other ways to earn money besides writing books, but I chose this way because it worked for me and that is what I know. You can download my Create & Earn worksheets for free on my website; These worksheets allow you to take advantage of what you know and what you do well.
I published the e-book myself with a single page website. Over time, that grew into a nationwide coaching business that consistently generates income, all because I started my first business in something I knew a lot about. I think everyone has something that they are very good at, we all have the potential to teach someone else what we know.
Then I kept diversifying and started generating multiple streams of income.
Some of my sources of income make a few dollars a month, while others make thousands of dollars a month.
Fast forward today – I am generating multiple sources of income from various sources such as affiliate marketing, website content, video training, product creation, and other areas where I create and generate income.
I have created multiple incomes that each one alone is not enough to quit my job, but together they generate a good source of income for me.
I had no idea how valuable it was to create my multiple sources of income until millions of Americans started losing their jobs. It brought back memories of what had happened to me.
You see, unlike many people online trying to teach you how to make money online while wearing fancy clothes or standing by a fancy car or showing you what they look like without their bora bora shirts or hosting an event to make it look like they are . amazing.
I have always kept my job full time and work on my sources of income after work.
I have always tried to lead a simple life in which I do not lack the necessities of daily life, but still be able to buy annual passes to Disneyland for my family: LOL!
I know it can be difficult to save money or use that money to start a business. But, not doing it today will mean that you will only delay the pain later in life, where it may be greater and not so bad that you can deal with not having money.
Two important things to do to start avoiding the pain of not having money …
One: start investing in your 401K
Two: start your business online while maintaining a regular job.
Consistent little actions will pay off bigger and bigger rewards down the road.
An extra income is only considered good extra money, but when combined with multiple income, know that you are generating a stream of income.
Unlike a job: If you lose one of your multiple earnings, you can still continue to prosper financially.
The process of building a source of income is not fast, but moving slowly one step at a time is how any process is built.
Get started creating your first income stream today:
Generate a few hundred dollars or more:
Then start generating a second source of income.
I want you to be successful in everything you do.