In managing your finances there are 2 sides of the equation – income and expenses. We often focus solely on the expense side. In the personal finance world, it seems that all you ever hear are things like deferred gratification and living within your means.
But, it can be discouraging cutting expense after expense to try and make ends meet or to try to get ahead.
When your means aren’t much it’s difficult to live within them.
But there is a whole other side to the equation – the income side. Instead of trying to cut $500 of spending, why don’t you just make $500 more each month?
That’s easier said that done right? You can’t just pull $6,000 per year out of thin air. Or can you? Continue Reading »