Soar to financial freedom

Become a Millionaire Overnight? Hell No! Slowly Soar To Financial Freedom

I couldn’t sleep. So I do what most people do; I started reading sleep technique articles on Quora.
 
As I’m scrolling through I come across an unrelated question from a user: Can I become a millionaire overnight?
 
I take the bait. After scrolling through a few responses and get rich quick schemes; I found myself dismissing each one as complete malarkey.
The fact is, achieving financial freedom isn’t an overnight affair. It takes time, patience, and deliberate action. The wealthy understand this reality.
 
And now, so will you.

Did you know that according to the Urban Institute, a third of Americans are facing debt collectors?

That is an astounding figure.
 
Why choose the above path of high debt and money stress? Why not something more fun and empowering?
 
Becoming a millionaire brings along with it visions of yachts, vacation properties, and trust funds. Oh ya, and my favorite, Doctor Evil:

You may not believe this, but one of the best kept secrets among the wealthiest 10% is that…

financial freedom
No you can’t become a millionaire overnight, but you can do it slowly, over time. This is what we call financial freedom and flexibility.
 
Doing what you want, when you want.
 
It has become easier than ever before to become a millionaire. But, so often people dismiss the idea because it seems outlandish, ridiculous, and even unachievable.
 
Don’t be one of those people. Decide right now, you won’t be one of 100 million Americans facing a debt collector. 
 
The first words out of your mouth shouldn’t be “I can’t become a millionaire,” but rather “how can I become a millionaire?” 
 
Let me tell you, you can do it.
 
Easily.
 
Before we begin, a quick disclaimer: this is a long article, it’s over 5000 words.
 
We don’t suggest going through this all in one sitting. Bookmark it, write it down, and commit to finishing it over the course of a week.
 
To help with this, we have a table of contents.

So let’s get started.

Money: It’s All Mindset

Hold on jerk! People don't choose to be financially disadvantaged!

Angry Reader
True.
 
And, you can’t just wave a magic wand and make someone financially stable.
 
True again.
 
So what the hell are you talking about? Some people just don’t have the right circumstances to do what you’re suggesting.
 
Now, unfortunately, that’s where you’re wrong.
 
Choose right now to be the master of your own destiny, and you’ll be amazed at the long-term outcome.
 
Things you do right now can change your circumstances, change your finances, and change how you live your life. Yes, some circumstances suck, but you can take deliberate action to start altering your course; but more on this later.
 
Where was I? Oh yes…
 
Nobody owes you anything.
 
Let me say it again, and please write it down…Nobody…owes you…anything.
 
Despite this truism, many people sit around and wait for “their chance” or their “lucky break.”

Choose right now the be the master of your own destiny, and you'll be amazed at the long-term outcome via @casual_glenn

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Financial freedom
Mindset: if you decide you’re going to create some financial freedom in your life, the question is no longer “can I do it?” Rather, “how can I do it?”
 
Old Mindset: Can I afford this? Or, do I have enough time to earn extra money?
 
New Mindset: How can I afford this? Since extra income is my outcome, how can I achieve this?
 
Forget the idea that you can become a millionaire overnight, get rich quick schemes do not work!
 
Financial freedom on the other hand, we can work with that.
 
 

So Can How Do We Achieve A Money Mindset?

How can I start by earning a few extra bucks? 
 
Decide on what your goal in life is, start small, and figure out what actions you need to take to obtain that.
 
For instance, I want to earn an extra $100 a month online.
 
This is a great goal, and it’s a perfect way to get started on your path to financial flexibility.
 
Based on that financial freedom goal, what action steps need to be taken?
 
No seriously, what action steps do you need to take…Write them down! Reading this entire article is a great first step to that goal.
 
I love Evernote for organizing my tasks and goals. 

Evernote is my work wife – but don’t tell my real one!

What tools will you use to track and write down your goals and tasks?
 
Consider using Evernote, here is an amazing YouTube video from Scott Bradley on how to use Evernote to organize your life:
Finished? Where were we? Oh ya, your task is to achieve your $100/month goal.
 
Figure out what your skills are and what excites you, and then find a way to monetize that.
 
If you’re handy, work on TaskRabbit.
 
If you have a basement apartment, rent it out on Airbnb.
 
If you live in a big city and know it well, drive with Uber.
 
If you don’t want to drive people, but like driving around, join WeGoLook.
 
Are you a good writer, researcher, or graphic designer? Join Upwork!
 
There are thousands of online marketplaces that can earn you supplemental income. Find the one that is right for you.

Top Money Mindset Resources


Millionaires? They’s Are A Dime A Dozen

There are exactly 15 million millionaires in the world today, 5 million of which are in North America.
 
If that’s not cool enough for you, consider this:
Financial Freedom

How many do you think of these became millionaires overnight? Probably zero. Except for this guy.

But let’s make sure you fully understand this figure.
 
1,700 people, in America, obtain a net worth of $1,000,000.00, EVERY DAY!
 
Not such a stupid idea now is it?
 
Yet so many people have trouble with basic finances. Consider that 35% of Americans have had to face debt collectors.
Steve Siebold Business Insider

Earning money is easier than ever. That's right: the streets are practically paved with gold, yet one in three of us has debts and unpaid bills that have been reported to collection agencies.

At the Casual Capitalist, we always are seeking to provide people with relevant and useful information related to personal finance. And today’s lesson is an important one.
 
Today we will give you not one, but four roadmaps to becoming one of the 1,700 who obtain financial flexibility.
 
Here is how you can easily become a millionaire and find financial freedom…over time.
 
 

Millionaire Mindset: Action Disclaimer

When tackling finance, action is the most important thing – not money, not second jobs, not business, not even budgeting. It’s action. Slow, steady, and recurring action.
Cheesy yes, but this is one of the most important truths about what we’re talking about here today. Go ahead, write it down in evernote.
 
To help you achieve this, our millionaire guide is broken into two sections: the math, and the help.
 
The Math and The Help – Starring Glenn Carter as the narrator, and you as the young, good-looking actor.
 
We won’t win any Oscars, but if you take this advice to heart, follow other advice contained in the Casual Capitalist blog, you’ll be well on your way.
 
One of the best ways to get started on your millionaire path is to sign up for our free 1-year personal finance challenge.
 
Here, you’ll receive quick and actionable personal finance tips and ideas delivered to your inbox every Monday for one year. Each email takes 23 seconds to read (exactly!), and your bank account with thank you.
 
More on this later. 

Top Resources To Help You Take Action


Millionaire Mindset: 10 Commandments

But first, let’s take a quick look at the Casual Capitalist’s 10 Commandments for financial freedom. 
 
As with any major life change, it all begins with a mindset. You need to change your mindset about money.
 
Money shouldn’t be put up on a pedestal, it’s just another thing that can be created and lost. Simple as that.
 
Most people choose to lose it; but today we are choosing to create it.
 
You can create it, you just need the right mindset. Here are a few things to consider about money:
Financial freedom and becoming a millionaire

1 – Avoid Credit Card Debt

There’s a reason this is number one.
 
Credit card debt is simply the worst. It’s a big scary monster living in both of our closets that comes out a night and feeds on our wallets.
 
And it’s not really hiding. We can all see it. We scream at the person when it comes out of the closet: “LOOK OUT HE’S RIGHT BEHIND YOU!”
But alas; the monster is victorious, and your personal finances are lying half dead on the ground.
 
According to the U.S. Federal Reserve, the total amount of revolving debt – most of which is credit card debt – stands at approximately $1 trillion.
 
TRILLION…with a “T.”
 
I’m sweating writing this.
 
If this wasn’t enough, the interest rates on this type of debt is insulting. 
 
The average interest rate for credit cards was 16.10% as of 2016.
 
I better go hose myself down, this is too much.
 
Most Americans have credit card debt worth approximately $10,000. Doesn’t sound like a lot, I know, but just wait.
 
Credit cards typically require a 4% minimum payment. Again, seems standard enough.
 
Assuming you make the minimum monthly payments (4% or $400), and we have a 16% interest rate, here is what you’re looking at according to the BankRate calculator:
 
  • Will take you 153 months to pay off your debt;
  • You will pay $5,000 in interest; and,
  • You will lose approximately 265 brain cells worrying about your credit card debt.
 
I’ll let you guess which one of those I made up. But for the record, 153 months is almost 13 years!
 
Lesson #1 of personal finances – avoid all credit card debt. 
 
Carry cash only, use your debit card, cut up all but one of your cards, keep a low limit on your one credit card, and stop SPENDING!
 
Even when the credit card company ups your limit and pretends like they’re doing you a favor – pleasantly decline.
 
OK, I’m not sweating anymore, we can move on.

Top Resources To Help You Avoid Credit Card Debt


2 – Plan and Write Down Goals

Plan your entrance, performance, and exit.
 
You’re an actor after all, and The Math and the Help is going to need all the help it can get come award season.
 
Use Evernote, or some other writing tool to write down, track, and review your goals and tasks.
 
For example, one note will be for your goals:
 
  1. Weekly Goal: Educate myself on personal finances (you’re almost there!)
  2. Monthly Goal: Cut up all credit cards but one, and find a side business to start
  3. Yearly Goal: Begin working a freelance or side job, and earn $1,000 in supplemental income
  4. 5 Year Goal: Pay off all credit card debt, and earn $5,000 a year in supplemental income
  5. 10-Year Goal: Buy a tiger on a gold leash and chill with Mike Tyson.
Get the point?
 
The important thing is to write down your goals – no matter how ridiculous they may seem, write…them…down!
 
Go. Now. I’ll wait.
 
Ready? OK, now break each goal down into the specific tasks you need to do to accomplish this goal.
 
To educate myself, I need to read this blog, and others, and maybe grab a book or two on how to think like a millionaire.
 
My favorite personal finance book is Rich Dad Poor Dad – it completely changed my perspective on money and finances. I’m on my fifth copy from heavy usage and giving them to people I care about.
 
Listen to podcasts about money, digest the best personal finance blogs, and always be on the lookout for ways to improve your knowledge about this subject.
 
My favorite money podcast is Listen Money Matters, and a blog that I never miss (they have a podcast as well) is the Side Hustle Nation.
 
The Smart Passive Income blog and podcast is always a fan favorite as well.
 
That’s how you break down a goal into tasks. Next, these tasks need their own list.
 
Create a second note, again evernote is fantastic for this, breaking down your goals into tasks. And give these tasks a deadline!
 
  • Monday: Listen to 2 podcast episodes
  • Tuesday: Start reading Rich Dad Poor Dad
  • Wednesday: Take a break – watch Netflix all night
  • Thursday: Finish Rich Dad Poor Dad
  • Friday: Call Mike Tyson’s agent (see 10-year goal above)
  • Saturday: Research side hustles and ways to earn supplemental income
  • Sunday: Take a break – there must be a game on!
 
That’s a solid week of action! Now, plan your week based on your goals.
 

3 – Automate Savings

Thinking is hard. Whenever you have to think about something, you burn energy.
 
Do you have to think about paying a monthly bill, or putting money aside for X expense?
 
It may not seem like an issue, but any time you can automate routine activities, your brain will thank you.
And, luckily for you, there are new ways to automate your personal finances and savings.
 
Thanks Internet! Whatever you are…
 
I love robo-advisor services WealthSimple and Betterment for savings automation.
 
All you need to do is sign up for their automated savings products, conduct a risk assessment, and then FORGET about it.
 
These services will run in the background of your life, and you can rest assured you’re putting money aside for your future.
 
Even if it’s $25 a month, open an account with these services, and when the time comes you can easily increase your monthly contributions.
 
Remember our chat about action? Act now! Go open an account, or add it to your new fancy task list.
 

4 – Magic Number

How much do I need to put away each month to achieve my financial l goals?
 
First, you need to figure out what you goal is.
 
There is a lot of fanfare on the interwebs about how much you need to retire, but 90% of it is grade ‘A’ malarkey (see definition above).
 
Do this instead: calculate your monthly expenses, and then multiply it by 25. Simple as that.
 
Along with my family, we spend about $3,500 a month on everything. Including my monthly subscription to:
Ya, totally worth the $14 a month.
 
So if my monthly expenses are $3,500 a month, then I multiply this by 12, and then 25.
 
Glenn’s Magic Number = $1,050,000
What’s your magic number? Stop what you’re doing, and figure it out!
 
Now write that down on your goals page.
 
And, start automating your savings to get closer to your number.
 
Use this calculator to get an idea of how much you need to think about saving to reach this goal based on your current age.
 
Given that I am 32, I’d need to put away roughly $700 to reach this goal by the time I’m 65.
 
Not too shabby!
 
“But Glenn, I don’t have an extra $700 to put away every month”
 
Just wait – we are getting there. 
 
 

5 – Educate Yourself and Others

Why is talking about money taboo?
 
How much did you spend on X? How much have you saved in an emergency fund? Do you have retirement savings?
 
All of these questions, if asked to someone we know, make us cringe a bit. We’ve been socialized to hate asking and talking about money.
 
Why did money become such a taboo topic? Because people are terrible with it!
 
And, instead of educating themselves, they hide behind the veil of “it’s not polite to talk about money.”

Top Money Resources


Rip that veil down! Money should be a mandatory topic of discussion around your dinner table.
 
Spouses, friends, parents, children – all should be comfortable speaking with you about money.
 
Make it a point to speak with one person today about money. How much was that shirt? Do you and your husband talk about money? How much do you need to retire? Is your mortgage paid off, if not, how much longer do you have?
 
How much did that sick three wolf moon t-shirt, and where can I get one now?
Think you’re money smart? Fact is, you’re probably not. And that’s OK.
 
Do you know what an interest rate is? Do you know the different between an interest rate and APR? Ever wonder why you mortgage rate is 4%, yet you seemed to pay almost half your monthly payments in interest? Do you know how money is created?
 
Spoiler alert, it’s through debt.
 
Take this quiz to see where you stand.
 
If you’re money dumb like most people, that’s OK, we’ve all been there. One of the most common complaints I get is people asking for simple money advice that is actionable and easy to comprehend.
 
This is why we created the free 52-week personal finance bootcamp, where people can get personal finance advice the size of two Tweets delivered to their inbox every Monday for a year. 
 
Try it out, it won’t make anything worse! Plus we’re hilarious over here at the Casual Capitalist, so at least you’ll get a few chuckles.

6 – Protect Yourself

This one isn’t a hard sell: you need to financially protect yourself and your loved ones.
 
This comes down to three protective measures you need to write down on your to-do list.
 
First, find an inexpensive life insurance policy for you and your spouse if needed. If the unexpected should happen, you’ll be protected.
 
I am not an insurance salesperson, so a simple Google search should bring up multiple options for you to explore.
 
Second, start putting money away into an emergency fund. The rule here is to have three months of expenses sitting in an account that you never touch.
Put this money in a savings account, and let it collect dust.
 
Finally, you need to know and nurture your credit score.
 
A credit score is essentially your financial ID. When you want someone to loan you anything, they’ll want to see ID. 
 
This number, ranging from 300-850, is a numerical representation your creditworthiness. This incorporates a number of factors including how often you are late for bills, how much debt you have, and even how much debt you have access to.
 
We won’t go into details on the voodoo behind credit scores, but just know that it’s important for you to know and nurture yours.
 
Know it by using a free credit score service like Credit Karma. Secondly, use resources only to understand how you can improve your score.
 
At the end of the day, a better score gets better loans, with lower rates. That means more money in your pocket!

 

7 – Live Below Your Means

Live below your means – Porter Stansberry – Financial Author
 
Want to know the boring secret of becoming a millionaire? All together now…Live below your means.
 
Do not try and keep up with Joneses. The Joneses are swimming in credit card debt and will need to work until they are 143.
 
The biggest problem here is lifestyle creep. You got that nice raise, so you buy that new car. You got money back from taxes, so you go out and buy a jet ski…
 
 
Do not automatically upgrade your lifestyle when you run into money. Always live below your means. 
 
Now, some people have a problem with this mindset; including my financial heros at Rich Dad.
 
They believe that no one should have a poor mindset – i.e. that you shouldn’t live in constant financial stress of overspending to the detriment of our lifestyles.
 
And this is true!
 
Rich Dad continues, “We did not live below or above our means—we lived to expand our means.
 
This, is also true!
 
But this is moving several steps a head. When first developing a financially intelligent mindset, we need to start with baby steps.
 
And this, simply put, involves spending less that than we make. For now, living below your means should be your mantra.
 
Rich Dad is correct, we should live to “expand our means,” but that is something we get to later. After a few more baby steps.
 
If you want a fantastic resource to help you achieve living below your means, check out Lending Tree’s bad habit calculator. It will show you how much those small habits are costing you on a yearly basis.

Top Resources To Help You Live Below Your Means:


8 – Understand The Difference Between an Asset and a Liability

Speaking of the good folks over at Rich Dad, you need to understand the difference between an asset and liability.
 
This is the Rich Dad mantra, and anyone who has read Rich Dad Poor Dad will know this.
 
Please read that book. It touches on all aspects of this article, and frankly it will change your life.
 
But, for those who don’t have the inclination to read this book, here are the basics of this important financial commandment.
 
Assets put money in your pocket, liabilities take money away.
 
A business, an investment, a rental property; are all examples of assets.
 
A car loan, line of credit, primary residence, that new boat in your driveway, and basically all large-ticket consumer items; are…Yes, liabilities.
 
The secret to assets and liabilities that not very many people seem to grasp is that you need MORE of one than the other. Want to take a guess at which one you need more of?
 
Including the our 52-week personal finance bootcamp are asset creation ideas delivered to your inbox on weekly basis. Just sayin’!
 
Simple right? Here is a video of Rich Dad founder Robert Kiyosaki explaining this in 2 minutes.
 
Think you’re doing OK? Create a list with two columns, one for assets, one for liabilities.
Now, fill it out! Do your liabilities overtake your assets? If your like most people, you will have more liabilities than assets.
 
So, keep reading and let’s figure out some assets you can create.
 

 

9 – Know and Act on the Difference Between a Want and a Need

This isn’t a difficult one to understand, so I won’t insult your intelligence. After all, you are reading this which means you understand you can’t become a millionaire overnight.
 
Finding financial freedom involves knowing the difference between a want and a need.
 
It’s something that parents try to ingrain in our kids from the day they’re born.
 
Johnny, do you really need to pick your nose?
 
Cassie, that Barbie Dream House is pretty swell, but do you really need it?
 
Or, Johnny, did you really need to shoot Mr. Thompson in the butt-cheek with your BB gun?
 
(Sorry Mr. T!!!)
 
Yet, so many adults don’t even follow their own advice.
Oh god my wife is going to KILLLLL me! Just blame the kid…blame the kid.
 
The fact is, we live in a consumer society. So you can cut yourself a little slack.
 
The difference between a want and a need is simple: will your safety be affected? 
 
If you don’t have a roof over your head, that will affect safety.
 
Food: you don’t get those pizza bagels into your tummy, that could affect your safety.
 
Clothes, hygiene products, water, family bonding, and a few others fall into this limited category of ‘needs.’
 
Now, a big house, crab bisque, and designer clothes are not needs – they are wants.
 
Know the difference, and any time you about to purchase a want, make sure you ask yourself: what will happen if I don’t buy this?
 
You’ll find that 99% of the time that true answer to your question will be…nothing. Not buying a want will have no impact on your life long-term.
 
I know what you’re all thinking – family bonding – does that include that Disney trip, or cross country road trip in an RV?
I’m a strong believer in kids experiencing things, and believe this is as close to a need as you can get that doesn’t actually involve safety.
 
Make time for family, but don’t do it on the back of a credit card.
 
Simply put, if you have to buy a perceived need, like a car or boat for instance, buy it used if at all possible.
 
 

10 – Create Assets: Find Side Hustles that Fit Your Lifestyle

Now, the most important part of this whole financial freedom equation. We know we can’t become a millionaire overnight, so how do we do it casually?
 
Find a side hustle!
Al Gore’s Internet has allowed the entrepreneurial spirit to flourish. And that spirit has chosen to hustle.
 
There are thousands of online platforms that allow you to earn cash from things you already own and your spare time.
Did you know that the average Uber driver makes $19 an hour? Or the average Airbnb host can pull in $800 a month? Or, that tutoring online can bring you in about $40 an hour? Or that a worker on WeGoLook earns between $20-$100 per job?
 
But there are so many more! Remember our discussion above about taking action? Follow it!
 
Commit to reading the below resources and trying out at least one side hustle in the next week. Add it to your task list if you don’t have time.
 
Once you’ve created supplemental income streams, you can start putting that money aside, or using it for other asset creation projects.

Top Resources To Help You Live Below Your Means:


The Math: How To Become A Millionaire (Not Overnight!)

 
Now for the fun part…some math! Grab that calculator.
DON’T LEAVE! I promise, it will be simple and quick.
 
I hate numbers too. Just the thought of formulas makes me sweat.
Thanks to advances in digital technology, saving and investing is simpler than ever.
 
The key to achieving financial goals is to set your goals (magic number!), and then automate savings so you never have to think about it.
 
The advent of so-called robo-advisors is perfect for the layperson like myself who knows nothing of the stock market or investing. 
 
Platforms like Betterment and WealthSimple simplify the investing process so you can set your goal and let them do all the work. 
 
For instance, your magic number is one million dollars, you’re 30 years old, and want to retire at 65. Based on the magic number formula discussed above you’ll need to invest about 
 
In sum, robo-advisors are fantastic, but not nearly as cool as I pictured in my head.
Financial freedom
For a great resource of robo-advisors, check out Jeff Rose’s article on Good Financial Cents discussing how easy it is to start investing.
 
Here are a couple of scenarios that will show you how you can reach millionaire status by the time you retire. You’ll see, it’s not that difficult with a little discipline and hustle.
 
Let’s assume the following for these calculations:
 
  • Your magic number is $1 million, which would be a good average for someone with a small family.
  • Average return on your investments is 7% annually, which is the average stock market return.
  • For all you smarty pants out there saying, well these calculations don’t account for inflation: They do! So there! (3%).
  • Returns on your investments are re-invested (this should be a no-brainer!).
 
For all our calculations we used this trusty savings calculator. Test it out for your personal situation.
 

Scenario 1 – Start Saving at 20

If you are in this position, you’re f@#$*&! laughing!
saving for retirement
This is the best position to be in. And, the fact that you’re in your 20’s reading this type of article, you should pat yourself on the back.
 
Because we want to get through as best we can to 20-year olds, the following section will consist entirely of emoji’s.
Got it? Ok, now for those who didn’t understand…
 
According to the super sciency Casual Capitalist calculator, to retire a millionaire at 60 if you’re in your 20’s now, you need to invest about $400 a month.
 
That’s not bad!
 
Don’t have $400 to set aside? Clearly you didn’t read the side hustle section above. Stop now. Go back and read.
 
$400 is achievable. That’s a night out and a cable bill! 
 
It’s not that you can’t afford it, it’s how can you afford it. 
 
Consider that Airbnb hosts earn an average of $800 a month, or freelancing on Upwork you can easily create a $400 a month side hustle.

Key Resources


Scenario 2 – Start Saving at 30

OK, I can work with this. You’ve had your fun in your twenties, you remember the good old days of Warped Tour, South Park, and SXSW; now it’s time to buckle down and save!
 
In order to retire with your million dollar nest egg, you need to squirrel away $850 a month.
 
Don’t think that’s possible? What if you cut cable? Netflix is the best anyway! Or downgraded you cell plan?
 
Or reduced your restaurant visits by once a month. There’s $200 right there!
 
Pile on a side hustle or two, and you’ll be well on your way to achieving this goal.

Key Resources


Scenario 3 – Start Saving at 40 (You Can Still Do It!)

 
Hey, don’t be ashamed that you’re in your 40’s and haven’t started saving toward your magic number. Most people will never even start; so good on you!
 
Let’s push back our retirement goal from 60 to 65, giving us a bit more leeway.
 
According to our above assumptions, you will need to save $1,270 per month until you’re 65 to have an inflation adjusted nest egg of a million bucks.
 
Now, I know that’s a lot of money. But, people your age are crushing it with their side hustles, earning more than that per month.
 
Meet Miriam, a regular Casual Capitalist reader, mother of 2, in her 40’s, working full-time as a real estate agent. Miriam has a basement apartment in Toronto, Canada, which she rents out on Airbnb full-time. 
 
This gives Miriam an extra monthly income of $1,100. Not too shabby!
 
Or Brad, a repairman from California who also works a few hours per weekend on TaskRabbit. Brad does anything from handyman work to assembling Ikea furniture; bringing in an extra $1,300 a month in income. 
 
How about you? Do you have a teachable skill that you can tutor online? Or a spare room or basement apartment you can rent on Airbnb? Or administrative, writing, research, or graphic design skills you can market on Upwork?
 
You can do it! Find a side hustle, and start saving all that extra income.

Key Resources


Scenario 4 – Fast Tracking: More Side Hustles

Because others have said it best, we won’t go into too much detail here about fast tracking your quest for financial freedom.
 
If you want to learn how to stack your side hustles to earn double or triple your current income, check out The Casual Capitalist’s popular guide to ‘platform stacking.’
 
 

The Help: Resources You Need

 
Here are some of the best personal development resources on the interwebs.
No, although hilarious, this is not what I’m talking about. I’m talking about free resources that you need to add to your reading list. They will change the way you think and behave when it comes to money. 
 
 
And, above there are dozens of amazing links to resources you should check out – including side hustles you probably never heard of, getting started on Uber, Airbnb, Upwork, or TaskRabbit, how to teach online, and much more.
 
Go a head, scroll up, save the links, bookmark them, we will wait here for you…
 
OK good to go? 
 
Commit to reading one of these per week. Add them to your Evernote todo list, and start book learnin’!
 
Also, sign up for our weekly finance advice. It’s a free year’s worth of personal finance advice and low-cost asset creation ideas delivered straight to your inbox every Monday morning.
 
And this advice is well under under 200 words per week, so it will take you exactly 1.34 minutes to read.
 
Here’s the deal: Since childhood we have been socialized by well-intentioned adults that somehow to become wealthy you need to be deceitful, crooked, and shifty. We are made to believe wealth is built on the backs of others.
 
Although this is the case for some; yes, I’m looking at you Scrooge McDuck…
This isn’t the reality.
 
The fact is that the majority of millionaires create their wealth through vision, ambition, grit, and targeted daily action.
 
You can too! This isn’t a secret, it’s a reality that over 1,700 people a day are becoming millionaires by adhering to the above principals.
 
 

Philosopher Glenn: Final Thoughts on Financial Freedom

 
Stop blaming others for you current state in life and take control of yourself and your finances.
 
99% of everything we do and that happens to us we can ultimately control. We just need to work at it. The most successful people in life take ownership over their failures and successes, and espouse an internal locus of control.
 
Take action by starting to write down your goals.
 
Take action by printing the 10 personal finance commandments above and stick it on your fridge.
 
Take action by choosing to create money and start a side hustle.
 
Once you understand that your fate is your own, and nobody owes you anything, you’ll soon realize that you can achieve great things.
 
The problem is, most people don’t choose to be a millionnaire – most don’t even know it’s an option.
 
Now you do.

About the Author Glenn Carter

Glenn Carter is a sharing economy expert and is sharing his passion for side income through new digital platforms with his readers.

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