Right now, your income is stable and your bills are consistently paid, but there is no money left over. Investing isn’t a focus or a reality at this time, and it shouldn’t be. It can’t be.
At this point, the reality is that 100% of your focus needs to be on increasing your EARNED INCOME as quickly as possible, either through recession-proof side hustles or a home-based business. The type of home-based business to focus on is one that has low overhead costs to start and operate, low barriers to entry, needs a relatively short period of time from day 1 to generating your first dollar (ideally 90 days or less), and has the potential to generate at least 6-figures inside of the next 12 months.
Focusing on this path this will allow you to put yourself in a position to generate surplus, so that you have the cash necessary to transition out of trading hours for dollars of earned income, and begin simply “buying revenue streams” of automated income.
If you have exceptional personal credit, or take the necessary steps to repair and build exceptional credit quickly if you don’t already have it, that can also shortcut the time necessary to “Ring Up” from RING 2: Financial Stability to RING 3: Financial Flexibility. You may be able to leverage that credit to accelerate your timeline to buy the programs you need to get access to, in order to learn the process for tapping into recession-proof side hustles or starting a low overhead, high income producing home-based business.
In RING 2: Financial Stability, survival is covered, so you can finally breathe easy, but there’s no space to GROW. There are specific things you need to KNOW, people and resources you need to HAVE or have access to, and things you to need to DO in order to “Ring Up” to RING 3: FINANCIAL FLEXIBILITY, in the shortest amount of time possible.
The Financial Autonomy Quiz was designed to give you clarity on where you are, and what you need to do next. Mindset To Money annual membership gives you DIRECTION on exactly HOW to do what’s necessary to “Ring Up” to RING 3: Financial Flexibility.
Will you “intend” to “do better,” and “hope” to figure out a path to progress toward Financial Autonomy over the next 12 months, on your own?
Will you put yourself in an environment that is designed exclusively to move you forward on this path, with a national community of other like-minded individuals who are all focused on the exact same thing you are?
Neither choice is the “right” choice…but one may be more likely to get you where you’re going…predictably. Either way, the choice is yours. We trust that you’ll make whatever the right choice is for yourself, right now.