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Wednesday, April 11, 2012

How To Increase Your Income To Fund Your Dreams!

Are you feeling stuck in a current job that's not feeding your passions?  You may need a savings fund to provide income for you while you transition from your current position to one that is better suited to your talents or to start a business.  Here are some steps to help you feel that working in a  more rewarding occupation is not only possible but probable as you take action in making your dreams a reality:
  • Consider taking on a part-time job that's more in line with what you'd like to be doing.  You'll "test drive" what it feels like to work in this area and see whether it's a good match for you as well as bring in additional income to save.
  • Look at how you can create residual income - income that comes in without you trading your time for it - in your life.  Do a Google search related to the field you want to get into.  There are many people working from home building small businesses that are geared toward creating residual income for the owner.
  • Get together with your friends and brainstorm ideas about how you - and perhaps they - can create residual income that can provide a road map toward reducing hours at a job that feels less than satisfying as your income builds in your new venture.
  • Consider buying a duplex and living in one side.  Your tenant will pay much of your mortgage and your living expenses will be reduced so you can sock the extra funds away in an account to fund your dreams.


Take Action!
  • Call a friend or two and set up a time to connect and brainstorm ideas for your transition.  Don't forget to have someone be the scribe.  All ideas are welcome and noted as part of this process.


Copyright 2012    Connie Livingston                  All rights reserved 

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