How To Make More $$

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It’s 2019 and by now you probably have social media of some kind, and if you’re like over half the millenial population than you’ve probably heard the term “multiple streams of income” or “passive income streams”. We’ve all read the books Rich Dad; Poor Dad (if you haven’t, go buy it now!) about how decisions made by two father figures in his life shaped how he looked and managed money. Well it’s time you do the same!

Scary Debt Breakdown:

  • Average person has about $38,000 in debt (not including mortgages)

  • 25% is from credit cards

  • 15% spent on dining and nightlife

  • 13% spent on clothing and personal care

  • 13% spent on personal passions and hobbies

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Even Scarier Reality:

The average person earns $39,000 per year, meaning they make $1000 more than their debt owed. The cost of living is steadily rising, yet salaries aren’t (unless you go into more debt to raise your education level)

See the vicious cycle?

How long will it take you to get out of debt with just ONE job or income stream?

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The key to becoming Debt-Free is to start or pickup a side hustle! Here are 5 that you may not have thought of!

1) AirBnB - rent out a room in your home or stay at a friends house and rent out your entire home (avg $80-$560 per week)

2) Drive for Uber, LYFT, Grubhub on weekends ($25-$1000) per week

3) Become a Virtual Assistant (4 hours per day: $60-$300 per week)

4) Bartend on weekends ($100-$1000 per night)

5) Dog Walker ($35- $875 per week)

Debt is a reality that many of us face, but debt free is the reality that all of us desire, find a way to make money doing what you love while bettering your financial future!

For more debt free tips and advice follow my IG TheFittTeam

For a personalized financial and debt overview: schedule a session

TFT $5K MONEY Challenge!!

Who here has ever tried to save money but to no avail? Adding that $50 per week to savings just seems a little to tempting when times get hard. Or better yet, you just haven’t developed the discipline to save your coins… it’s just a penny, dime or quarter, pshhhht. OH well, right? NOPE, Wrong!!! If saved correctly that penny or quarter can help you save thousands per year! Skipping on that starbucks venti frappe mocha blah blah blah can actually save you thousands per year!

This year let’s agree to not waste our money! We are almost ADULT adults (you know the BIG 3-0!!!) We need to start investing, saving for retirement plans, 401k’s if you haven’t already started yet!! We are entrepreneurs for crying out loud, no one is saving a 401k for us!!

So join me and the rest of The FITT Team family as we nickle and dime our way to $5k by December 2019!! Tag @TheFittTeam and use the hashtag #TFTMoneyChallenge to get featured!!!

*I wanted this to be as pain free as possible so as to not cost more than a night of eating out a restaurant, Week 21 and Week 41 the challenge starts over! If you decide not to start it over and are able to keep accruing your savings PLEASE LET ME KNOW!! I WOULD LOVE TO FOLLOW YOUR JOURNEY TOO!!!

Happy Saving!

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