What have been the magazines now is the blog. What was the Television is now YouTube. It is a new era. Gone are the old times. And this is wonderful. Because everytime there is a new era. There are new ways to make money. Blogging is one of them. Making Videos is one of them. Doing podcasts is one of them. All of it is a fantastic way of making money while simultaniously expressing oneselfs ideas to the world.
There is a concept called You.Inc. Builing the brand of yourself. You are making money with your own Brand. With who you are. I do like this fact a lot. Because I always wanted to get paid for being me. Today I have the opportunity.
I finished reading an incredebly written and very motivating post: http://www.financialsamurai.com/how-to-build-passive-income-for-financial-independence/
Let me give you the gist that I got out of it:
1. Predetermine your financial goals (How much money do you need a month to be happy?)
2. Put as much money on the side as you can
3. Safe and Invest that money and NEVER touch it
4. Work on some bigger project while simultaniously investing (i.e. building your brand, blogging, youtube) and get some more money
Repeat that circle and you will be pretty much guaranteed to be successful. What I like about that formula is that it is easy and actually applicable for everyone.
I am doing the following now to get a step closer to my financial goals..
.. I have 750 bucks safed (my savings since I started my journey ~1 month ago)
.. I have 70 bucks invested in something that will return me 150 bucks
.. I need to call a new client that is interested in getting tutoring lessons with me (been procrastinating on that all the time)
.. I am building my brand as I am writing this post here right now
That is what I do to get closer to my dreams. What do you do?