The Top 2 Ways To Turning Your Passions Into Multiple Streams of Income

In Making a Living Without a Job, Barbara J. Winter described the idea of Multiple Profit Centers: “I think of creating profit centers,” she wrote, “as being akin to what a juggler does when spinning plates on top of sticks. The juggler walks out on the stage with ten sticks and ten plates but doesn’t begin spinning them all at once. Methodically, he or she positions the first plate on a stick and gets it into motion. Once done, the juggler moves on to the next, then the next, and so forth. Eventually, all ten of the plates are spinning away, each with its own momentum”

Creating multiple streams of income is key to sustain and secure your message. When one of the streams faces a hard time, others lift you up.

When it comes to creating multiple streams of income (or multiple profit centers as Barbara likes to call), people are divided into two groups: Read the Rest of This Article »

How To Use Experiences from your Love Life to Forward your Career

Everyone has up’s and down’s in their love lives, most commonly there are “those relationships” you’d rather forget, but should you forget them entirely? Why not use negative experiences from your love life to prevent you from making similar mistakes in your career? At least you’ll have something to show from those lousy relationships!

Although using a one-night-stand in your work environment isn’t recommended, there are some popular relationship problems which can be likened common career complaints. You can learn from these mistakes to resolve pressing issues in your career. Read the Rest of This Article »

5 Tips to Find the Perfect Career for You

These days job dissatisfaction is one of the most common problems among people.

Many people are either dissatisfied with their jobs, hate the tasks they are assigned or  find it boring.

Just ask 10 people on a Sunday night how they feel and you will discover that the majority of them are feeling really bad because they will have to work the next morning.

Yes we all love to have fun and to wake up late but the reason many people hate Mondays is not that they want to rest but it’s because they hate what they are going to do on Monday.

In this post I will tell you about some tips that can help you find the perfect job for you. Read the Rest of This Article »

7 Harsh Truths They Don’t Tell You About Following Your Passion

Do you want to follow your passion?

How is it going?

If you’re like most people, it’s not going so well.

Most of us expect a white knight to swoop down and lead us to glory once we’ve found our passion, but it doesn’t quite work that way.

Following your passion takes hard work, but it’s immensely rewarding. There are a lot of lies people tell about following your passion.

But in this article you’ll get nothing but the stone cold truth, so keep reading. Read the Rest of This Article »

11 Warning Signs That Your Job Owns You (Without You Knowing It)

Tell me if this sounds familiar.

You walk into work a couple minutes early and head straight to your desk.  You open your inbox, take a look through your to-do list, and get ready to start the day.  You try to plan your day as quickly as possible to insure you get everything finished early so you can meet friends for drinks after work.

You’re particularly motivated because you have plans, so you knock out your first three tasks in record time.  Then all hell breaks loose.

All of a sudden you’re fielding emergency phone calls with one hand, answering emergency emails with the other, scheduling two hours worth of meetings and just like that you have to cancel your plans. Read the Rest of This Article »

The Secret of Financial Happiness

“Annual income twenty pounds, annual expenditure nineteen pounds nineteen and six, result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery.” (Mr. Micawber, in David Copperfield by Charles Dickens – 1850)

You already know this secret, really.

But maybe you don’t like to think about it.

If you’re trying to improve your financial situation, you need to either:

• Spend less
• Earn more

Even in the post-credit-crunch world, it’s all too easy for us to put items on a credit card. It’s all too easy to run up thousands of dollars of debt – with our spending constantly outstripping our earning. Read the Rest of This Article »

How to Be Your Dad’s Boss in Five Years

If you want to excel in your career path to the point that you pass even your dad, who has obviously spent a few extra decades in the job field, work will be involved. It takes a whole lot of effort to move up so rapidly that you condense a few decades into a few years.

Get ready for the role reversal, dad.

But it’s not necessarily back-breaking work. In this instance, it’s a case of working smarter, not physically harder. If you wish to rise quickly, here’s a trajectory to consider, complete with some necessary steps. Read the Rest of This Article »

Day 64: Six Ways to Spend With Purpose and Safeguard Your Future

Let’s be clear, spending isn’t necessarily the enemy of financial security.

When we learn to use our money to purchase things that make our lives richer, healthier and to improve the world around us we are ensuring that our future will be full of happiness.

The problem comes when we spend out of habit, insecurity, or without purpose. When we spend thoughtlessly, we are doing nothing to improve our future and reinforce negative ideas about money in our minds.

The key to safeguarding our financial futures is becoming aware of exactly how we spend out money – and how we waste it.
Learn to spend with a purpose and you’ll find that it’s easier to save money for the future and feel more at ease with our finances. Read the Rest of This Article »

In Defense Of Solvency: 4 Reasons You Need To Pursue Financial Solvency

Let’s face it; many people would love to be rich. Few people wouldn’t want to jet set around the world traveling, attend the most coveted premieres, drive their dream cars, lavish gifts upon their love ones, etc. However, there is limited value in even thinking about riches until you can become and stay financially solvent. Solvency isn’t about income. No matter whether you make $40,000 a year or $400,000 a year, you can still be broke. Solvency is simply your ability to meet your entire financial obligations with some money to spare. It is the degree to which your current assets exceed your current liabilities. Read the Rest of This Article »

Reduce Your Spending or Increase Your Income: What Should You Do?

Whether you’re deep in debt or just having a few financial hiccups, it’s almost certainly the case that you’re spending more than you’re making.

A lot of personal finance writers will advise you to cut your expenditure. Eat out less often, downgrade your cable package, stop buying pricy coffees, and so on. There’s a strong focus on getting rid of unnecessary, day-to-day spending – sometimes dubbed “the Latte Factor” (a term coined by financial adviser David Bach). Wise Geek explains it like this:

The Latte Factor® is a euphemistic label for all that extra money we spend daily on nonessentials such as candy, bottled water, doughnuts, muffins, soda, cigarettes, magazines, newspapers, and yes, lattes.

It’s good advice, as far as it goes. Daily amounts do add up fast, and by cutting out a regular “nonessential” you could probably save at least $50 each month.

But however much you cut out the fat of your spending, you’re going to pretty quickly hit a wall… Read the Rest of This Article »

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