Once you have completed your own personal Forecast, you may well come to the conclusion that you have cut all of your expenses down to the bare minimum – but still you are having an issue with your forecast not being sustainable.
What can you do if you have mimimised your expenses and still have a forecast that suggests a problem? The only thing you can then do is to look at the Income side of things.
The best part of the income side of your forecast? It pretty much has an umlimited upside. There is nothing to stop you from earning a billion a year – of course by that point you are likely to be far away from the working class, but we will forget that for the time being.
Saving money on your expenses can only reach a certain limit before there is nothing left to trim. However, with your income, there is pretty much always extra money to be made one way or another. Whether it is taking extra hours at work, asking for a raise or having a side hustle – there are a lot of ways that you are able to increase the income side of things.
There are thousands of sites that show you ways to create additional income streams, and Workingclassfinance is going to share some of these too. Any additional income streams that I try will be shared with you, so that you can get an idea of the validity of them. I also know that not everybody has a spare few thousand to try on the latest money making ideas, so I will do my best to ensure that any suggestions are actually feasible given money and time restraints that people have.