Why You NEED Other Sources of Income
In our world today, one minimum wage job simply won’t be enough for most people. And so everybody needs to realize that there is always enough time to do everything. Here’s something that might help you decide why you need a second source on income and that you can.
We All Have 24 hours in a day
24 hours a day is 168 hours a week. How are you spending your time? A regular full-time job takes about 35-40 hours a week. What do you do with the remaining 128 hours?
Are you keeping up with the math? We will be talking about weekly timelines in hours.
IF you spend 40 hours at your full-time job and 56 hours for sleep (8 hours a day times 7 days a week), that is only 96 hours in total. [40+56=96]
72 Hours
Recall that you have 168 hours in total for the whole week. Subtracting the 96 hours you use for your full-time job and sleep, you have 72 hours left. 72 HOURS!
What are you doing with that?
I don’t just sleep and go to work
I get it. People normally don’t survive with just sleeping and going to work. There’s still eating, showering, commuting to work, the gym, and so many other things that we need to keep a balanced life.
Why don’t we take a closer look?
GYM = 7 hours (1 hour a day)
Eating = 10.5 (half an hour a meal, three meals a day; even if you already get a lunch break at work)
Shower + dressing up = 7 hours (1 hour a day)
Commute = 14 hours (a generous 4 hours a day)
7 + 10.5 + 7 + 14 = 38.5 hours in total for all of that.
Remember we still had 72 hours left? 72-38.5 = 33.5 hours.
You have 33.5 hours left to spend! That’s almost the same amount of time you spend at your full-time job. Yeah, that’s right. It’s that much time.
How are you going to use that extra time?
YOU have enough time
How much time do you really need to spend with your friends or family? If you can’t spend at least 2 hours a week to improve your life, then please stop reading and close this. I do not wish to take you aways from everything else that you hold dear in your life. If you can spare 2-15 hours a week, then continue reading.
Still here? Good. Congratulations on taking a step forward and investing in yourself.
A second source of Income
The average millionaire has 7 sources of income. How many do you have?
We already talked about how you have enough time in your hands to do something about your life. You can use that time wisely and create other sources of income. Here are some Ideas:
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Get a second job.
This is possibly the fastest one to get and the one that will surely pay you right away for each hour you spend working.
Even Bill Gates once said that no job is below you; not even flipping burgers.
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Sell old stuff you don’t need
You can dig through your pile of belongings and get some money while cleaning your closet. E-bay, LetGo, Facebook Marketplace, and some others are good places to start and sell them.
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START A BLOG
Starting a blog won’t make you a millionaire overnight but the potential is endless.
Imagine working 2 hours a week while earning thousands? Yes, it’s possible with blogging.
A lot of people make a decent living out of blogging and I know people who earn between $100 a month to $500 a day.
You can write about anything you love. You just need to be real and authentic.
I personally recommend this and will talk about it more in detail next time so be sure to subscribe to my email list so you get notified the next time I post. You can find a subscribe button within this page.
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Thank you for taking the time to read. Again, congratulations on getting on the journey to improving your life.
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See you next time