How to Level Up and Boost Your Income in 2023
The catchphrase of 2023 should be to boost your income.
Today we discuss with Lovely (the resident Beyonce of the crew) her educational pursuit of obtaining her MBA while successfully running a small business. This episode of the Financial Griot covers how to prepare for a recession and how to level up to boost your income and career opportunities.
Tech layoffs often predate other industry layoffs. With a recession looming, businesses will be looking to cut. It’s up to you to look for ways to become invaluable to your industry. Following a drop in business, also expect stock prices to dip and investors to get nervous.
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About The Financial Griot Podcast:
The Financial Griot is a play on two words (Finance + Griot) that hold significance in closing the wealth gap while embracing our differences. We don’t shy away from having a fresh take on money and how to move it efficiently and effectively.
This year is proving to be challenging but the same can be said for every prior year. The goal is to learn to adjust in real time and make the next move to benefit your future moves.
It’s a lot of moves.
Can you imagine being a Millionaire in 20 years or less? Yeah, it’s possible. 80% of millionaires are the first generation. That means they didn’t come from wealth.
Media said that Millennials would need $3 million to retire comfortably, is that possible?
Yes, if you have a financial plan and you follow it diligently. While more than 33 percent of millionaires said it would “take a miracle” for them to retire securely, according to a 2022 survey from Natixis Investment Managers, we disagree. We can teach you how. Join a community of subscribers that welcome a fresh take on money. The hosts were able to amass over $2 Million in wealth in about 8 years and are on track to retire early. We have an extra 15-20 years to work with. Plenty of time.
If you want the secrets; we will gladly share them since the opportunity is abundant and Win-Win.
As a bonus, here are some passive income ideas
“Many people think that passive income is about getting something for nothing,” says financial coach and retired hedge fund manager Todd Tresidder. “It has a ‘get-rich-quick’ appeal… but in the end, it still involves work. You just give the work upfront.”
- Create a course or an e-book
- Rental income or Airbnb your space
- Create a blog and bring in affiliate marketing
- Brand and Create a YouTube channel
- Sell your designs or creations on Etsy
- Buy a stable local business or even purchase an existing blog.
Follow the TFG Crew Hosts on Instagram:
- Alainta Alcin – Blogger, Travel and Money Enthusiast @alainta_alcin
- Lovely Merdelus – Entrepreneur and Small Business Growth Specialist @lovelymerdelus
- Lawrence Delva-Gonzalez – Federal Auditor, Blogger, and Tax Specialist @theneighborhoodfinanceguy
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