Money Talk

Hey Reader,

Hope you've had a great week 💚

I held the 1st community call last night with members from my Couch To 5 Grand course and wow, it was incredible.

It was SO interesting to hear insights into peoples reasons for wanting to increase their income.

Why they're bothering to give up their time on a Thursday evening and what's driving them to make a change in their lives.

Everyone had different reasons, from wanting to go on nice holidays, to having more for their kids, to replacing their 9-5 income, to starting a business of their own and loads more!

So, it got me thinking we should talk today about how can increasing your income can accelerate your wealth growth!

Let's get it people 💪🏼

💰 Getting the most from your 9-5 💰

Let's start with our primary income.

37% of the UK have only asked for a pay rise once in their career.

That's just madness 🤯

You're literally leaving money on the table and taking the 3% inflation bump they may or may not give you.

Hardly covers the cost of milk.

What we want to see is significant bumps in our pay.

We should ALL be pushing for this in every single review or at least getting a roadmap to how you can get a raise.

BUT HOW? 🤷🏼‍♂️

Get past the fear that:

1. You're not good enough (you most definitely are!)
2. They might say no (so F'N what?!)

Go into that meeting prepared, if you haven't got a date in the diary - go put one in today!

It can go something a little like this...

Be prepared to negotiate this down (they always do) BUT if they do actually say it's a complete no then again so what?!

At least you know and now you're not going to be sitting their for the next 12 months kicking yourself for not asking ❌

That's WAY worse!!

Now IF and I mean IF they do say no - you can either leave and get better pay elsewhere or take it on the chin (unlikely).

So 100% ask for a pay rise 💯

💰 With increased pay comes great opportunity 💰

Let's say you get a raise and go from £30 > 40k.

Nicely played.

In this example, you'd be bringing in a good few hundred quid extra each month.

Yes, that may relieve the pressure but it should also give you increased opportunity to save and invest.

The difference between investing £100 for 20 years and £200 for 20 years is over £100k (based on a 7% annual return rate).

Mental right?!

So, when you get the raise, don't lifestyle inflate. Keep everything the same and increase your wealth by investing in your future self.

📈 Accelerate this even further 📈

84% of millionaires have multiple income streams.

In fact, most have a minimum of 4.

Now lots of millionaires exist in the 9-5 world but one thing they all did was invested their money into added income streams.

If you're starting from scratch that's what side hustles and side businesses are there for.

Bring in some extra cash and re-invest that cash to make more cash.

It sounds simple because it is... 🧠

You can make money on the internet right this seconds if you really want to.

BUT it's what you do with that money that will be the difference to someone in their late 50s struggling and someone who takes a decision in their 40s to go part time because they can.

If you're interested in increasing your wealth then I've just launched a Couch to 5 Grand showing you how you can go from £0-5k in revenue in 100 days or less.

This is ALL from selling digital products in an area you're already passionate about via social media.

And we do it with 60 mins a day or less!

👉🏼 FIND OUT MORE HERE 👈🏼

Any questions hit reply!

See you Monday 🙏🏼

Sammie

P.S. "The question isn’t who is going to let me; it’s who is going to stop me" - Ayn Rand