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The current economic realities are creating an economy where having a back up plan or side hustle is now mainstream - if not a necessity. Even an extra thousand each month can be a lifeline or safety net for many trapped by the current economy and needing to take back control of their lives. The first 13 minutes of this video describes the current economy and the impact of having an additional income stream.
If redox signaling is good for you, imagine it being good for everyone else! What better way to help thousands of people enjoy better health than to incentivize the process and create a side-income in the process! With that said . . .
It’s time to take inflation and the tough economy seriously – enough so to become recession-proof! The “side-hustle” economy is now becoming mainstream for a reason! Adding a side-gig is one of the most powerful and quickest solutions for individuals who are financially stressed and who need to take back control of their lives.
Rather than adding a 2nd job and trading time for dollars (linear income), new business models which outsource business infrastructure and support services allow average people to start a home-based business without employees or overhead, and to earn leveraged residual income.
Thanks to the internet and social media platforms, this phenomenon is one of the most significant advancements in achieving financial stability in a generation. The demographic and economic trends are perfectly aligned to make this happen for those wanting additional income in their family budget. Indeed, because of the challenging economic times, having a side-business, a backup plan or a “plan B” is now a surging trend that has become mainstream!
Financial stress touches every person and every family bank account. Inflation, job insecurity, supply chain problems, rising taxes and geopolitical pressures are all around us. As people find it harder to make ends meet at home and with their work and business under siege, they are starting side-businesses to protect their standard of living, their home, their health, and their future retirement. People are simply unwilling to remain exposed to risks they are not in control of - especially when they see that they can take matters into their own hands, 'be their own boss’, and control their financial situation and future.
All of this information is laid out in the new book “Why It Matter$” by Dr. Lee Ostler, now available on Amazon (or linked here).
As a preview, read the special Executive Overview linked here, as well as the “Backup Plan” special report posted below - both of which overviews not only the problems we are facing, but suggests some powerful solutions which are helping thousands of people just like you to add additional income to their family budget. The economic Perfect Storm doesn’t have to affect your family! Even adding an additional thousand dollars to your monthly budget can make all the difference in making ends meet each month.
You will also want to use the Financial Calculators linked below to see how well prepared you are for the future. The “Rule of 72” and “Future Value” calculators – along with the Asset Equivalency Tables in the special report – will help you see your future with new eyes. Having a side hustle backup plan, in today’s “gig economy” and taking back control of your life, is a powerful way to survive the effects of today's hurting economy, and to prepare for a brighter future.
This is how you "Awaken Your Financial Genius".
If you are going to do a side-hustle for income, do it smart! How you spend and leverage your time matters when it is a side gig. The more of these boxes you can check, the higher quality income it is, and the more leveraged you are in time and effort.
Use this chart to determine your monthly income from an amount of money in an investment or savings account, a well as to determine the 'asset equivalency' of a residual income stream occurring from a side-business.
Did you know that it takes 12 years for your savings to double when earning 6%? This means that if you’re already in your 40s and are slow getting a retirement fund set up or are just getting started, it’s likely too late! There simply isn’t enough time for your savings to double enough times, to have ENOUGH by retirement age.
The “Rule of 72” states that the time for money to double equals the number 72 divided by the rate of return. Thus, 72 ÷ 6 = 12 years. If you had $250,000 at age 45 (the average amount in America), and it doubles twice in 24 years, then that equals $1Million by age 69. A 6% earnings rate on this amount yields $5,000 per month in income. Use the calculators and tables below to find your own real or desired numbers. Instructions and more detail is in the special White Paper report “Why It Matters - Special Report; How Much Is Enough?” located below.
The financial Rule of 72 is used to calculate the time it takes money to double. The Future Value of Money calculator shows what your current savings will be worth in the future. The Asset Equivalent Table show the monthly income generated from having different levels of savings and investments, as well as the asset value which various monthly residual income levels represent - making residual income "the same as" passive investment income.
Click the "Rule of 72" below to discover how many years it takes for your savings to double and grow.
Click on "Future Value Calculator" below to find the Future Value of your current savings.
We live in a new era financial experts are calling The Gig Economy! Side businesses are now mainstream! Driven by current economic problems such as recession, inflation, bad politics and geopolitical instability, people from all walks of life are feeling the squeeze as jobs are threatened, supply chains break, and it becomes harder to make ends meet each month in the family budget. With the rising price of everything and increasing job insecurity, a major concern is how to become Recession Proof! This is producing a surge in people starting their own ‘Side Hustle’ to create additional income and to regain control of their finances.
For many the idea of having additional side-income is more than simply working longer hours or working harder. It is about using leverage – of time, business resources, and in how income is earned. Creating residual income by leveraging the efforts of other people and using centralized outsourced business platforms and technology utilities, means you can work your own hours from home and be your own boss – literally earning income 24/7 while you sleep! This is the modern way to create ‘walk-away’ income and to rescue your ailing retirement. There is a reason why this is now a trend, and for Why It Matters!
The new “next level” business capabilities, along with understanding the financial tools of ‘Assets Equivalency’ and the “Rule of 72 (how money doubles), are at the heart of a new trend of people discovering what it means to “Awaken Your Financial Genius.”
Additional income streams protect your lifestyle and your current savings against job loss, medical crises, business failure, and from the actions of other people who control our income.
The principles and concepts in Why It Matter$ will guide you to explore new options and ideas for your future that will Awaken Your Financial Genius. Recession-proofing your life and your family with leveraged residual income streams is the new ‘genius’ way to financial stability – now and in the future. It is simply the best way for the average person to become financially self-reliant.