• FIRE Financial Independence, Retire Early,  Side Gigs,  working from home

    Money Mindset Makeover Challenge-Day 17-Apps

    Have you ever thought about creating an app? Today, I thought we’d focus on something that lots of people over look in their search for side gigs and ways to make money, and that’s creating an app. I’ve heard about people who do just that and make lots of money. Once it’s made it’s also passive income. Like everything else, the key is to come up with an app for something just about everyone will need or want. The one thing that’s prevented me from creating one is I’m not that tech savvy and to make an app you need to know how to code. I do know a few…

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  • FIRE Financial Independence, Retire Early

    Money Mindset Makeover Challenge Day 14-More Chores

    Let’s round out the weekend and also the second week of the challenge with more things on the to do list. You have a name, purchased a domain, looked for a hosting company and planned out the logo now there’s some more work to do. Do you want to go with an LLC for your business? Some people like to go that route. Look into all business structures and figure out what works best for your situation. Open a bank account for your side gig or business so you can keep the money separate from your other accounts. Will you be selling on someone else’s platform as well as your…

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  • FIRE Financial Independence, Retire Early

    Money Mindset Makeover Challenge-Step One

    This weekend, let’s work on setting up your side gig, business, ways to make more money. No more looking at words on a page or just thinking…let’s start doing. Today take the first step, here are some things to do and tomorrow we’ll continue. Decide on a name for your business. Buy a domain. Buy web hosting. Plan your logo and think about whether you’ll design it or get someone else to do it. You can use a site like Canva or even go to sites like Fiverr. There you’ll find lots of people who will work on logos and website headers. Check their reviews and make sure you’re both…

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  • FIRE Financial Independence, Retire Early

    Money Mindset Makeover Challenge-Day 12-What’s Your Passion?

    What’s your passion? What is it you love doing and could turn into earning extra money each month? Let’s head back to the list you made during the first half of the challenge. Your skills, your expertise, things you love to do. Did you narrow down your list? Do you have your idea ready? If you haven’t, then now is the time to put that on your to do list. Over the weekend, the next two challenges are going to focus on a set of tasks for you to get started on making this actually happen. As we move into the second half this month long challenge, we’ll start to…

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  • FIRE Financial Independence, Retire Early

    Money Mindset Makeover Challenge-Day 11-What Makes You Break Your Budget?

    How did you do with yesterday’s challenge? Did you figure out what triggers you to break your budget? A few years ago, I realized e-mails from certain companies always tempted me to make a purchase. They always convinced me it was something I really needed at this very point in my life. Many of us are entrepreneurs ourselves who need mailing lists so I’m in no way saying what they’re doing is wrong. We all need to persuade and sell things but be aware of how many you receive per day and how often you’re buying things. And be aware it could be items and services you wouldn’t have gone…

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  • FIRE Financial Independence, Retire Early

    Money Mindset Makeover Challenge-Day 9-Temptations

    What tempts you? Knowing what are weaknesses are is a good thing. And it’s make or break when it comes to budgets and saving money. Today, we’re going to focus on temptations… those things that beckon you to stray from your budget or spend more money than you earn. Sit down and try to figure out your money Achilles’ heel. It could be that every time you go to the supermarket you end up with a half a cart load of things you didn’t intend to buy. Each time a sales pitch from a favorite store or business hits your e-mail or mailbox, they easily convince you to buy the…

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  • FIRE Financial Independence, Retire Early

    Money Mindset Makeover-Day Seven-Make It Happen

    Let’s round out this first week of the Money Mindset Makeover Challenge with actually doing something on the journey to making more money. Yesterday, we brainstormed a list of passions, skills, experiences. How did you do? What did you come up with? Take a look at the list and spend today narrowing it down. Sometimes something will jump out at you. Sit and think about what your heart is telling you to do. I’ve found going on pure instinct has led me to the thing that I not only love, but eventually turns into a money making venture. Pick out something and think about ways you can turn it into…

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  • FIRE Financial Independence, Retire Early,  Side Gigs,  Teaching and Coachig,  working from home

    Money Mindset Makeover Challenge-Day 6-What’s Your Passion?

    The first week of the challenge is almost over. So far we’ve looked at net worth, assets and liabilities, what money comes in and what money goes out each month. Yesterday, we talked about looking at the goods and services on the minus side of the equation but today we’re going to look at the other side of the coin. Ways you can make that amount larger than your outgoing expenditure. Cutting expenses is one way to do it but we all get to the point where we’ve cut back as much as we can so that’s where trying to make more money to increase that plus side comes into…

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  • FIRE Financial Independence, Retire Early

    Money Mindset Makeover Challenge Day 5-Do You Really Need It?

    Do you really need it? That’s the question we’re asking ourselves on day 5 of our month long challenge. We’ve looked at net worth, assets and liabilities. We also looked at monthly income and what’s being spent each month. Just doing these things can be either a surprise or a shock. Either way we all have things on our items on things I spend money on list that can be overhauled or better yet, eliminated. Look through the list and be brutally honest with yourself. Are there some things or services that can be cut? Cable TV…how many channels do you actually watch? Gym memberships…when was the last time you…

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