Residual Income Opportunity Blog

Today I’d like to talk about the idea of putting some of our extra “disposable” income into a passive income generator opportunity instead of just throwing our money away purchasing unnecessary items. So what exactly am I talking about right now? Well I want to discuss an attitude that we should take on when actively pursuing residual income opportunities and a wealthy mind state.

On a daily basis what do you usually spend your money on? Take a second to actually think about this. When I asked myself this question before I changed my success and wealth mindset I had been spending a lot of extra income on food related items like coffee, baking, drinks, etc. I would easily drop my hard earned income without thinking too deeply about it. I can happily say that where I now put my money is much different then before.

What we need to actually do is consider every dollar we are spending. This doesn’t mean not enjoying life, but it means trying to cut down on extras that we don’t really need. For example if you buy a $2 coffee at a shop everyday, cut it down to 1 or 2 times a week, go buy a coffee maker and start drinking it at home. You’ll start to save lots of cash. Now with that extra $50-60 a month, take it and invest it in a passive income business, investment, or educational opportunity.

Let me give you an example. Say you want to set up a blog or website with the sole purpose of earning you and online income but you have no knowledge or interest in that area. What can you do? Well you can take that $50-60 that you saved and get a decent writer to research and then produce 1-2 articles a week to put up on this new site.

The above was just one of hundreds of possible examples. Do you see what I’m getting at? This might be a simplified example but I’m sure you can find something in your life you can cut down on and then use that money towards getting a passive income generator moving!