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I made close to a million in 2016 - Now my goal is $5 / day - My Journey

Discussion in 'My Journey Discussions' started by Meerkatt, Apr 11, 2019.

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  1. AdWords King

    AdWords King Jr. VIP Jr. VIP

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    Starting from ground up is never an easy task, but you need to start again and again, as many times as it takes!!
     
  2. sucreblanc

    sucreblanc Newbie

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    Inspiring read and you emphasize on something important, if you don't know how to save money you're always limited in what you can do. Unfortunately, it's a real problem I have and the only way I manage to save money is to live like an hermit for a month or two, then I use the money I save to make more money and I spend it all before realizing it. That's not a trait of character that goes well with business.
     
  3. MgicalaEarner

    MgicalaEarner Regular Member

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  4. Meerkatt

    Meerkatt Junior Member

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    Yeah, my business partner has $0 to his name. And we both earned the same. We split profits 50/50. He spent it all on holidays, drugs, prostitutes and other crazy stuff. It shows that it really isn't about how much you earn, but how much you spend.

    I don't really know of any way I could advise you on fixing the problem you have. I too sacrificed my social life and "lived like a hermit" for a good few years. But now I have the freedom to do whatever I feel like doing, within reason of course. I guess it depends on your long term goal(s). If you want to have a financially stable future, you really need to take everything into consideration. What do you spend your money on once you've saved some? Can't you spend it but spend a lot less, so that you always have savings?
     
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  5. iyemik123

    iyemik123 Newbie

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    A single comment filled with much wisdom.
     
  6. Yakob Smith

    Yakob Smith Registered Member

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    thats the good stuff, drop a journey mate, cause people would listen to the guy who nearly made a million!
     
  7. sucreblanc

    sucreblanc Newbie

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    Indeed, financial instability is stressful as hell, and I went through both being really broke and being quite wealthy (around 4/5k$ a month I mean). The trap is that then your average daily spending goes up and your life habits become more expensive. What I did is moving to a cheaper country than mine, but last time I managed to save money I spent it all last summer coming back to my country seeing my family, friends and travelling around with my former girlfriend without thinking about money one second. Then I had a few problems and my revenue went way down in September and right now I'm starting to get back up working on more projects. In addition, I also have a quite big student debt to pay each month. It was a valuable life lesson.

    I always thought the only solution was to work enough to make more than you can spend but you're right, need to put pleasure and comfort aside until you build a safe future.
     
  8. Meerkatt

    Meerkatt Junior Member

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    As long as you learn from your mistakes, you should be able to secure your future. Maybe set a goal that will secure the money in the form of something else. Such as investing it into a "safe" stock/bond or aim to buy a cheap property that will give you money back and retain it's value (and possibly even appreciate in value).

    There's no such thing as "make more than you can spend". My ex-business partner and Mike Tyson are living proof of it. Mike Tyson earned $700 million. That's $700,000,000. A lot of 0's. Yet he's broke now.
     
  9. BHSEONewb

    BHSEONewb Regular Member

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    Sorry to hear that about the fake bills and the bad property manager. I got my first rental because some employee at the PM company wasn't paying the mortgages and it went to foreclosure.

    I don't know anything about the laws in Europe. I'd go and find a commercial real estate company and ask if they know of anything like the 1031 for your country. Some place like a Re/Max or other large international brand should have people knowledgeable. Commercial is more likely to handle those kinds of deals versus residential agents.
     
  10. nimdekvan

    nimdekvan Jr. VIP Jr. VIP

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    so what's your current earning?
     
  11. umerjutt00

    umerjutt00 Elite Member

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    Nice story. Its best to have a goal and work towards it. Sitting idle makes your brain weak.
     
  12. geneticwaste

    geneticwaste Regular Member

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    Very inspirational and well deserved.

    @Meerkatt , you sound very mature and wise considering your age.
     
  13. Meerkatt

    Meerkatt Junior Member

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    Honestly, I'm not looking to purchase any more property. Currently selling 2 of them due to some issues with the area. Since I'm living in a different country at the moment it's been difficult to manage it. I have family there but what they can do is limited.

    I earned around $50 first few days after I had my method set up (took a few weeks to have it ready). But then the offer stopped converting, so I had to find some different offers and they don't convert as well. I'm earning like $1.50-$2 at the moment nearly every day. And that's from a very limited amount of people that I am manually contacting. I've been working on SEO the past month or two. Once I start ranking it should improve considerably.

    Well, I don't feel like I ever really have had goals. Especially with all the previous websites, even the one that went really well. Not a specific goal at least. Whatever happens, happens. The $5 a day is just a "generic" number I threw out to indicate that I am aware that the start is often slow. I'm not expecting to earn $100's a day to start with.

    Thank you. I do sometimes feel like I grew up too young though. It's good to have a fun and happy childhood
     
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  14. TheVigilante

    TheVigilante Jr. VIP Jr. VIP

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    You still have those properties at such a young age good job!
     
  15. lastword23

    lastword23 Newbie

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    wow good read. I could relate when i had sleepless nights before i hit my first $10k month in 2016. 2016 was a magical year!
     
  16. bp1291

    bp1291 Junior Member

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    Exactly! Anyone who has been in the IM game of all for a long while, will know that you have to set your initial expectations at the bare minimum. Aspirations of a great income is awesome, but, starting practical and small is where all large sums of cash start from. I didn't have big earning days until I erased my "daily number" to hit. Just focus on the progression!
     
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  17. luxxxotica

    luxxxotica Newbie

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    Thanks for the motivation, great share
     
  18. peterjohn1980

    peterjohn1980 BANNED BANNED

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    Really nice and inspirational Post
     
  19. yacoalioi

    yacoalioi Newbie

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    Awesome post. Good luck with your journey. I need to start saving more lol
     
  20. KamBhai

    KamBhai Jr. VIP Jr. VIP

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    Nice read..
    I am very close to buy my first property as well :)