This month, my wife started her job. To be able to work in a job that you love, and get paid for it, it’s one of the great blessings in this life. My wife had the opportunity to study, and earn a degree in something that she’s passionate about. On the other hand, I have fumbled through life. I originally studied information systems in college, and switched to business administration, because at the time information systems was too challenging for me, and I wanted to graduate college in four years. After I got out of college, I went to work at the Disney Store, and worked many extra jobs just trying to make the ends meet. It wasn’t until I took a change order to a local bank that my life changed. Now I find myself working in the banking industry for over ten years. However, it wasn’t until my mentor, and friend that I consider a brother asked me to read Rich Dad Poor Dad, that I changed how I looked at my personal finances. It’s because of his friendship, that with the Lord’s help I grew to form my framework on how I view finances, and the importance of eternity and legacy.
She received her first paycheck this month, and it was such an exciting moment being able to use those funds to pay down debt. Every penny we apply toward the debt I know will lead us to having even more money in the long run. While we’re looking to reduce our debt and expenses, we’re continuing to increase our income. My wife’s associate in her business, has been doing a phenomenal job at growing his business. Because she is over him, she is receiving the overrides from his production. She can go about her day, and receive a deposit without any effort. This example is true passive income. Passive income requires active work on the front end. I’ve made myself available to him 24-7 to continue to ensure his growth, and provide guidance as needed. The most important thing about this situation is that we were friends first before I brought him into this Legalshield business. If you’re not willing to form a relationship with those you work with, then don’t be surprised if you don’t have any results. My friend’s sales approach is outside of the system’s way of thinking however it’s working. I only want the best for him and want to see a day where he earns the six-figure ring. This next month begins 21 days of prayer, and in this time, I will seek the Lord with the hopes of hearing from Him. In your life, take a moment to stop, breathe, rest and reflect.
If you want to learn more about how I’m increasing my income, while reducing debt or if you want to have someone to discuss your debt reduction strategy with, or if you need a financial check-up, contact me.
Also, learn more about how I use the self-lending principle through Mustard Seed in the mustard seed section.
“The LORD will send rain at the proper time from his rich treasury in the heavens and will bless all the work you do. You will lend to many nations, but you will never need to borrow from them.”
Deuteronomy 28:12 NLT
I believe in your journey to….
A Debt Free Me
Here’s this month’s video: CHANGE YOUR HABITS , CHANGE YOUR LIFE – Amazing Compilation (So Inspiring!) from the Be Inspired – Daily Motivation YouTube channel.