Here are 3 Ways Mothers Can Pay Themselves.

It’s almost Mother’s Day and I wanted to share some knowledge – mother to mother.

I worked very hard to become a stay-at-home mother and investor.

I wanted to be able to still contribute to our family’s finances, learn and grow as an investor, but also have lots of time to be a stay-at-home mother.

So I’m going to share with you 3 Ways Mothers Can Pay Themselves

#1 Decide To Become Financially Free

I want you to make a conscious decision to become financially free.

When you are financially free, the money you make with your money will pay for all your expenses. You will not have to rely on anyone else for income. Want that?

You might be protesting because you don’t know how you will do it and I tell you right now STOP.

It doesn’t matter if you know how to do it or not.

It is REALLY IMPORTANT FOR YOU TO MAKE THE CHOICE TO BECOME FINANCIALLY FREE.

Once you do that, the how will manifest itself.

Case in point, I used to work a full time job at a bank and was in debt over $40,000, owned no property and had a Negative Net Worth. I made a decision to become financially free and now I have no debt, own 2 properties and have a six figure Net Worth.

I had no idea at the time how I was going to do it. I was just hurting and wanted out and decided for myself that I would be Financially Free.

So, if you really want to be Financially Free then make the decision now.

#2 Pay Yourself First

The next step is to Pay Yourself First, which means that every time you get money, through gifts, an allowance, a job, a side gig, finding it on the street, etc – that you take at least 10% of that money and put it aside for your financial freedom.

Don’t spend it, invest it.

Make that money work for you to make you more money. Step #3 will tell you how.

For now, make a separate jar, bank account or place in your life to put all that money.

Paying yourself first says that you matter, that you are the most important in your life. It says that you deserve to be wealthy.

The biggest obstacle here is that you might think your children are more important than yourself, and you put their money aside first.

Well, I stress that you think about how on an airplane that if there is an emergency you need to put your oxygen mask on first, and then put them on your children.

Take care of yourself first, and then put money in the kid’s college accounts.

#3 Invest For Passive Income

Now, if you made it through the first 2 steps, this one is the final key step – invest for passive income.

Passive income is money you make without spending your own time.

For example, stock dividends, savings interest, rental income, business income, royalties, website ad income, etc.

If you don’t know how to start then I suggest you take the 7 Day Financial Freedom Challenge.

Our passive income comes mostly from dividends at the moment.

Conclusion

I hope you enjoyed these 3 Ways Mothers Can Pay Themselves. Please do the steps and you will see miraculous changes in your life.

Please share this with your friends and followers!