Do I need a Plan "B" income stream?
- If I am well qualified, in a highly paid job, am a high performer?
OR
- If I am just above average and in a reasonable job, able to pay my bills?
OR
- If I am working more that one job to make ends meet?
OR
- If I am a Professional in Private Practice; a Tradesman with my own business; an Artist or Musician performing gigs locally/internationally?
Well the answer depends of my Freeflow and Overflow factor.
- Answer A - If my Freeflow Factor is already at 50% or less AND my Overflow Factor is at 100% or more then I am already truly Free and genuinely Financially Independent. I already have additional income streams and it is OPTIONAL whether or not I want to look at even more "plan B" income streams.
- Answer B - If I have not attained the 50% Freeflow or 100% Overflow targets as yet, then acting on any opportunity to create "plan B" income streams is quite essential to my personal wellbeing and financial independence.
TIME TO MEASURE MY FREEFLOW AND OVERFLOW FACTOR THEN.
WHAT IS THIS FREEFLOW FACTOR
- Freeflow is a RISK MANAGEMENT factor that I AIM to MINIMISE. It evaluates my level of dependency on my income from my Job, Profession or Vocation [called $Job for short] versus my TOTAL Monthly Income [$Job + $PI for short]. $Job applies to Employees, Professionals in Private Practice, Tradesmen and Artists/Musicians alike. The Freeflow Factor is a MONTHLY percentage measurement. It helps me measure and appreciate the rate at which I am creating my additional income (cash inflows) from Dividends from shares in companies, interest from savings/investment accounts, Rental from Investment Properties, Surplus Cash Inflows from Businesses owned [Passive income or $PI for short].
- At 100% Freeflow I am 100% exposed and at the highest level of Risk. Whereas at 50% Freeflow my financial exposure to a job loss is virtually 0%.
- The MONTHLY calculation I do is $Job divided by [$Job+$PI] multiplied by 100 equals my Freeflow Factor as a percentage.
- Example $4,500 divided by [$4,500+$500] multiplied by 100 means that my Freeflow factor is 90%.
- So I need some more income stream to create more $PI to reduce this Freeflow Factor to 50% or LESS.
- Opportunities for "plan B" income streams are therefore still very relevant to me.
WHAT ABOUT THE OVERFLOW FACTOR
- Overflow is a LIFESTYLE MANAGEMENT factor that I AIM to MAXIMISE. It evaluates my level of FREEDOM IN MAINTAINING MY LIFESTYLE, and paying my Monthly Expenses [$Expenses]. The Overflow Factor is a MONTHLY percentage measurement of my [$PI] versus my [$Expenses] .
- At 0% Overflow I have no true freedom. Whereas at 100% Overflow or more I am truly in the OVERFLOW and genuinely Financially Independent.
- The MONTHLY calculation I do is [$PI] divided by [$Expenses] multiplied by 100 equals my Overflow Factor as a percentage.
- Example $500 divided by $4,167 multiplied by 100 means that my Overflow factor is 12%.
- So I need some more income stream to create more [$PI] to increase this Overflow Factor to 100% or MORE.
- Opportunities for "plan B" income streams are therefore still very relevant to me.
OK SO HOW DO I CREATE [$PI]
- Excellent financial advisers guide us to plan our lives so that we have some SURPLUS CASHFLOW each month which we can then direct towards investments that match our outcome targets and risk profile.
- This is excellent advice and guidance.
- The challenge is, however, where is that SURPLUS CASHFLOW to come from?
- [$Expenses] seem to be already EATING IT ALL!!!
IS THERE ANY OTHER OPTION?
- YES THERE IS !!!
- I have found an OPEN SECRET, that is already being used successfully by thousands
- I can actually use some of my same [$Expenses] (no new money) TO CREATE SAVINGS AND DEVELOP ADDITIONAL INCOME STREAMS
- WITH a High return on TIME INVESTMENT
TIME TO ACT NOW
- Then use that web page option to email me with your newly assigned customer account# so that I can add a Special 30% Pricing benefit to your account for immediate savings
- Then actively LOGIN to utilise your account over the next three months to consume the products/services from the website that you are already consuming from elsewhere and keep a track of the extent of the savings. Note also, the efficiency of service and quality of the products.
- Decide by month#4 if you want to take it to the next level and start GENERATING A NEW INCOME STREAM
- Keep in constant communication with me as I mentor you through the entire process and put you in contact with other business builders already successful with this system.
LEARN HOW TO USE A PART OF MONTHLY EXPENSES TO CREATE A PLAN "B" INCOME STREAM
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