The Negative Income Streams

Yesterday I announced the 2019 theme to be “income streams.” I’ve talked about your job being one income stream, and I encourage you to create other income streams.

What we haven’t talked about is the important topic negative income streams. This feels harder for me than thinking about creating a new income stream!

I’m talking about what you are spending. Where does your money go. How much money goes to fast food. How much money goes to things that are frivolous. How much money goes to things you don’t even know about, like subscriptions that you don’t use. What can you do to decrease your negative streams?

I want to plant this seed in your mind, as you think about income streams, because decreasing negative income streams decreases your need to add more income.

I like Dave Ramsey…. you might like someone else. Think about this topic, though, and plan for it. I want you to become financially independent, and decrease the power that someone who can terminate your job has over you. Understanding how and where you spend money, and taking charge of it, can help.