Random musings: Could you use an additional $1,000 a month? Revisited

Tuesday, October 6, 2020

Could you use an additional $1,000 a month? Revisited

I did a Throwback Thursday on this two weeks ago and I said I would upgrade the numbers since the numbers had changed in the past two years. The concepts are still the same but the numbers for number 3 and number 5 have changed since 2018. I'm basically copying the post from two years ago but updating the numbers to reflect current information.

Silly question! I'm sure most of us could use an additional $1,000 every month.

But how?

There are quite a few ways:

If you work full time, you could ask your boss for a $5.77 an hour raise
You could find a different full time job that pays $5.77 an hour more
You could take on a part-time job. In California, the minimum wage is $14 an hour (starting January 2021), so if you work 16.5 hours a week at a minimum wage job you could make $1,000 a month.
If you have a quarter of a million dollars lying around, you could put $240,000 of it in a savings account that pays 5%

5. Or you could take this friendly advice;

I've seen this attributed to John D. Rockefeller also

Number 5 is based on starting your own home-based network marketing business, where you can often earn more than 1% on each person's efforts. Plus, it's the only one that allows you to write off certain expenses on your taxes, so you'll also save money!

Since I'm familiar with SendOutCards, I'll use them as an example. Although other companies are similar.

To become an affiliate, you just have to pay an initial fee of $99, and just $79 a year after that.

The official word from SendOutCards is that each paying customer is worth an average of $10 per month (actually $9.80 but $10 is easier to work with). So, to make $1,000 per month, you'll need to sign up 100 customers.

I can share a plan with you to enable you to make $1,000 a month within a year and likely $300 a month starting in the first month!

To get to $1,000 per month of income will take some time and some work, but the work is pretty simple and the time is fairly minimal (especially when compared to 16.5 hours a week for a part time job).

To get started it costs $99 to become an affiliate in the first year and $79 a year after that. Although a $97 subscription is recommended, it is not necessary. Just email me, and I'll help you get setup.

To find out more, go to www.sendoutcards.com/144087 and scroll down to Pricing.

Warning: There are no guarantees with a network marketing business and the numbers above are based on averages. Your success is dependent on the effort you put into your business.