Tuesday, July 27, 2021

How To Increase Your Income

 I am amazed at the number of people I am running into that are over their head in debt. Yet don't do anything to cut back their standard of living. Why? Because of obligations like rent, kids, transportation, medical issues and numinous others. The only choice is to increase their income. But how?

I learned a long time ago. If I want to make more money? Then I must increase my value. People only pay you for your value. If you are sick and need to get better ?You will pay a doctor a lot of money because feeling better is valuable to you. 

Do you know what creates value? It's "Leverage".  If you are sick and you need someone to make you feel better. They have leverage over you. So they have value to you.

On the other hand. Someone wants you to pay them to clean your home. You pay them very little. Why? They have no leverage. you can clean it yourself. 

The more leverage you have. The more value you have. The more you are value the more someone is willing to pay you. 


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