You would think that in a recession that you are stuck with what you can get financially. NOT SO! Throughout my career a few pieces of advice I've received from mentors have kept me staying above downswings in the economy, and helped me take maximum advantage of boom times. Check it!
1. Say yes to every job opportunity that comes your way. Even if you have a full time job, if a small project of any kinds floats into your life, TAKE IT. Put that money away for a rainy day or retirement. That's wealth: Feeling a sense of safety when an emergency pops up. I've cleaned garages for busy people, dealt blackjack at Christmas parties, and even dressed up like Tony the Tiger for a Wal-Mart promotion all while running a national multi-media business, just to get a little wealth!
2. Make it a part of your day to look for extra gigs. With the internet, there are endless opportunities to get tons of jobs that are quick and pay well. Add at least one or two a week to your agenda. Watching TV in your spare time won't get you the extra cash to take that cruise or trip to Hawaii.
3. Put away 3 percent of EVERYTHING you make away. Most of us have a hard time saving money. Google it. BUT, all of us won't miss 3 percent stuffed away in a bank again. Over a 10 year period, you will be amazed and wearing a big smile if you do this.
4. Make a long term goal. Learn the stock market, and pick a few stocks so you can start a portfolio of your own. Scott Trade is happy to help and it's still the best way to see gains on your extra money. Same with government bonds.
5. Go the extra mile. Stretch yourself and learn new skills. You can find tutorials on nearly any subject on the web. Each time you master a new tool, you raise your confidence and that always brings in more money. If you already have a very successful business or job, go a step further and talk to your clients. Thank them routinely for their business and ask the for critical feed back. This is insurance and money in the bank.
6. Have fun! Make sure you are having fun at all that you do. Laughter is the best medicine and people who hire, love to hire happy, outgoing people!
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