Many times, I’ll receive emails from people saying how they wish they could be in the financial position we’re in but it’s just not possible because they only make $20,000 per year. Not too long ago, making $20,000 per year would have been a significant pay increase for us as we were barely eeking by making $600 to $1,000 per month.
We knew that we needed to increase our income if we were ever going to get financial traction, but we decided to go about it in non-traditional way: instead of focusing all of our time and energies on getting a better job with better pay, we looked for ways to build additional income streams outside the 8 to 5 traditional job. This has been the key to our financial success. The 8 to 5 jobs have helped to pay the bills, but the nontraditional income streams have allowed us to save aggressively and give generously.
In this series, I’m going to share some things we’ve learned over our eight and half year journey of entreprenuerial endeavors and failures. My hope is to help you see that you’re not stuck, no matter how bad of a financial situation you may feel like you’re in right now. There is always hope–especially if you’re willing to think outside the box.
READ MORE. Also, be sure to check out Part 2 and Part 3.
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