Let’s talk about energy, and how it can help anyone improve their financial lot in life. Specifically, let’s discuss the mental and emotional energy that each of us expends everyday in countless ways. For example, getting angry takes energy. Feeling frustrated takes energy. Worry takes energy. Concentrating thought alone takes energy.
You might ask yourself, how much energy do you expend daily on anger, worry, or frustration, not to mention negative daydreams, fantasies, and judgments that run down your mental and physiological energy stores and lead absolutely nowhere? My point is, you are a human power plant, and like any power-generating facility, the plant needs to be maintained and managed intelligently for positive gain. When this is achieved, you stand to profit.
For one thing, positive energy – like negative energy - has a way of feeding on itself and growing. But unlike negative energy, which depletes you, positive energy brings you more power, providing you with extra resources you can steer toward financial matters, like making more money through additional income streams. After all, if you’re in a position where you’ve got more energy than you know what to do with, then it only makes sense that you put that extra energy to work, right?
Of course, getting your power plant in order to begin with takes effort, but it’s satisfying work.
As I see it, there are two basic elements to human power plant management. The first is what is popularly known nowadays as “mindfulness.” That is, you simply remain attentive to what it is you are thinking each moment of the day. When negative thoughts and emotions arise, you don’t fight them, you simply treat them as a signal – a kind of power surge – that calls upon you to consciously redirect your energy toward a positive end. Inevitably, this means letting negative thoughts go, and simply getting on with matters at hand.
The second element has to do with treating your body and spirit with the respect they deserve. Eat well, exercise, regularly celebrate all that is good in life, and set aside a little quiet time alone everyday for self-reflection, and for doing nothing at all but enjoying the fact that you are alive on this strange and wonderful place called Earth. In particular, if you have addictions, gather the courage to deal with them and end them, for they above all use up your energy, throwing a big spanner into the works of any human power plant.
By taking my advice, you will quickly see your personal power grow - usually in a matter of a few months, if not sooner.
So what, you now ask, can you do with this surplus of energy to improve your finances? Plenty. Thinking about your talents, about your capabilities, or simply about what interests you, put yourself to the task of creating streams of income beyond your regular job.
For the fun of it, I Googled additional income streams and within minutes found lots of ideas for generating additional income. Everything from taking paid surveys online or running an online Ebay store, to selling real estate or making use of learned or innate skills to help others. For example, if you have Web design skills, graphic design skills, or writing skills, there are lots of online avenues for work at a distance (see for example Elance.com).
Or say you’ve got a knack for photography or art. You can create your own Web site (based on free online templates) for sales and even sell your photos and artwork through creative content supply houses, not to mention a raft of art and photography exchanges. The same holds for arts and crafts, clothing, and virtually every other kind of marketable product.
The list goes on. Believe it or not, there is a market online for something called Virtual Assistants, or in other words individuals who help others with various tasks that can be accomplished at a distance without any physical interaction. I understand a lot of people in India are working as VAs for people in North America, making $30 to $50 an hour. This is but one example of a long list of home businesses that can be set up. There are home-based video production services, sound studios, translation and editing services, and on and on.
Now, smart use of just some of your extra energy can bring surprising financial results. Let’s say, after a time, your extra revenue stream brings in, say, $1,500 a month. For a perspective on the value that would bring to your life, consider that to earn $1,500 a month ($18,000 per year) in a savings account at four per cent, you would need to save $450,000. To earn $18,000 from investments at 10 per cent, you would need to invest $180,000. Meanwhile, to receive $18,000 in raises from your regular job could take years.
Extra energy – and extra income – can do a lot of things, like cover car payments, help pay down credit card debt, or cover mortgage payments.
All told, maybe it’s time to conduct a plant inspection.