If you really think about it, $500 is not a huge amount of money. The
average car repair is around $500. The average family with 2 vehicles
pays about $500 for gas every month. You can purchase a digital tablet
device for $500. You can buy an outfit for $500, or purchase a round
trip airline ticket for $500. $500 a month x 12 months = $6000 a year.
Now if you look at adding $6000 a year to your income, it doesn't seem
like much. However, it really is.
Ask yourself the question: What
would a consistent extra $500 mean to my financial state of health at
the end of the month? If you could afford a $2000 mortgage payment
instead of a $1500 mortgage payment, where would you live? Chances are,
you would be able to move into a more upscale neighborhood. If you could
afford a $500 car payment, what type of car could you drive? Would it
be a step up from what you are driving now? $500 a month could pay for
private schooling for your children. $500 could pay for expert music,
sports, or artistic training. $500 could pay for private tutoring for
your kids.
Lets talk about Debt. How much is your consumer debt
costing you in monthly payments? Would $500 cover your payments to the
credit card companies? How about student loan debt? Could $500 make a
big difference in paying back the debt you borrowed for college?
The truth is: $500 goes a long way when you look at what it can do for your lifestyle.
How
do you make the extra $500 a month? A small lifestyle business can
fairly easily generate $500 a month. You have to find something that you
love and go for it. You don't need an expensive office. You can work
from home. You don't need employees. You can do this yourself. Leverage
technology. We are in a connected world. You can run your venture from
your smart phone. All you need to sell is $17 a day worth of your
product or service to make this work. You can do this. You can sell $17 a
day of something. Figure it out. Be resourceful. Once you do, you will
be amazed with the results of what a simple $17 can do for you at the
end of the month.
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