How can a disabled senior citizen make money?

There are many ways nowadays for anyone to make money online with practically zero barriers to entry.

You can do affiliate marketing, which basically means you’re selling someone else’s product for a commission.

There are literally tonnes of courses and books on the subject that you can learn the basics from. Essentially you can do it in your own blog and/or email list, on Twitter or other social media networks, just about anywhere online.

Another possibility is to do dropshipping, which is basically finding items that people want and selling them for a profit.

Or Print-on-Demand, where you create a design (for a mug, t-shirt or anything really) and sell it – but the great thing is you don’t invest a penny in stock before you make a sale.

There are other options as well, if you are still open to learn a new skill there are websites that have great courses that let you try them for a month or two completely free. You can learn a skill that’s in demand and then market that skill on one of dozens of websites where freelancers promote their business.

Hope that helps

Jon

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How can people understand financial freedom in simple sentences and examples?

Financial freedom can be taken to mean a number of things, it really depends on who you ask.

For some people, financial freedom means the ability to choose not to work.

That doesn’t necessarily mean that proponents of this interpretation don’t work – some of them work incredibly hard.

It just means that you can, if you choose to, stop working and live off your savings.

That’s an extreme interpretation of the term, mainly used by the FIRE (Financial Independence, Retire Early) movement.

The way to get to achieve this type of financial freedom is to very aggressively save your income in the early years of your career and invest it in the stock market, and usually (though not necessarily) retire by 35–40 and live off the yield your portfolio provides (e.g. 6% per year).

A softer interpretation of the term is used to describe a situation in which you’re not tied to a single source of income, and your income is mobile.

In such a case, you do still need to work, but what you do, how and where you do it and with who – is up to you.

A few examples of such sources of income are affiliate marketing, selling products online or producing content (courses or ebooks) for people to purchase.

I believe both interpretations are valid, but the latter is more sustainable, and frankly more fun – but that’s just my opinion.

Hope that helps

Jon

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What is the single job you would do if you had no money?

When I was a student in uni, I worked as a night shift security guard at a shopping center.

My shifts would start at 11pm, just as the last shop in the center was closing.

I then had the whole night to sit in a fairly comfy chair in the control room, with screens showing the cameras spread all over the shopping center.

I had to do 3 patrols around the center – at midnight, 3am and 6am, and the rest of the time I could do whatever I liked (apart from sleeping).

I used most of my time to do my homework, but a lot of the time I just did nothing.

Looking back, that was a great opportunity for me to expand my skills and knowledge, but I just didn’t have that mindset back then.

That is definitely the type of job I would recommend to anyone struggling with money – a low maintenance job that allows you to study while you work.

You could then expand your skills and get a better job (or better yet, start your own online business), and leave your broke days behind you.

Hope that helps

Jon

How do you make enough money to never work again?

Well, you could win the lottery…. although research shows that people who win the lottery more often than not revert back to their initial financial situation very quickly.

You could come up with the next Amazon or Google, but that’s extremely unlikely and probably not a great basis to build a plan upon.

Also, if you’re goal is to “never work again”, I’ll take a guess that you’re not a 90-hour week person.

You could invest heavily in high risk stock – but obviously the higher risk the investment, the higher chance that you’ll just lose everything.

Or, you could come up with a way to make money that you wouldn’t really consider as work.

That sounds fantastical but a growing number of people are finding methods to make money, mainly online, that are fun and engaging and allow them a lifestyle they could not have dreamed of within a relatively short period of time.

I would suggest to you to start researching that. And if this resonates with you, you’re in the right place.

You can dream of winning the lottery and retiring tomorrow, or you can start working on your dream life today. It’s your choice.

Hope that helps

Jon

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Is Anyone Making Money on Clickbank?

I think the problem for many affiliate marketers is that they’re sold some course or ebook on it that sells it as an “easy passive income”.

The idea sounds pretty simple – get a winning product and put it in front of an audience that would find it interesting.

What gives it that extra bit of appeal is the (theoretically) zero initial investment you have to put into it.

Unfortunately, much like pretty much all promises of quick, easy, free money – it’s a little bit too good to be true (and it is).

That’s not to say that it’s a scam – there are many affiliate marketers who make a decent amount off it.

The successful ones make really serious cash from it.

The reason why many affiliate marketers never really get going is because they fail to understand one simple truth – people will only buy from you if you show authority.

You could put the greatest product ever in front of a willing buyer, and if they don’t trust you, you won’t make the sale.

This is why affiliate marketing really isn’t quick, easy or free.

You have to invest money in the courses you want to market – to show that you have put your own faith into the product.

You have to invest time to create authority for yourself in whatever niche your working; if you’re trying to market a fitness course, you need to show the results that you achieved yourself (how many lbs you dropped, how much weight you pump etc).

And you have to work hard and consistently to get results – especially if you’re not relying on an email list.

That makes affiliate marketing no different to any other business – you have to work hard, invest money and time and do it day in, day out even when the results aren’t there.

But once you do get to the promised land, the rewards are amazing, and it can become fairly passive if you do it right.

So yes, there are people making money through Clickbank – it’s the people who came there to work.

Hope that helps

Jon

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What’s Going On In The Knowledge Industry?

There’s something I’m not really getting about what’s going on in the knowledge industry.

I’m still kind of new to this game so maybe I’m completely missing it her, but it looks like there’s been a big shift.

It seems to me that it used to be that people did something, were successful at it, and then started teaching others how to do it. For instance, an entrepreneur would start an online business selling stuff on Amazon, come up with a great method to make tonnes of money, and then create a training out of that to teach others how to do it.

Logic would say that this is the “right” way to go about things, or at least it seems reasonable that you’d first actually do something before you teach others how to do it.

But I’m now seeing left right and centre, people who are trying to make money online by teaching others to make money online. Their sole (or at least, main) source of income is and has always been teaching others how to make money.

It looks like a huge bubble, where people constantly feed off the newbie who just joined and has some money to throw around, and no actual product is being sold. Kind of like a pyramid scheme where your only real goal is to suck more people in, and the product itself is marginal.

It doesn’t seem right, but like every bubble I guess it’s just going to grow bigger and bigger until it pops and only the people offering real value will be left standing.

I may be way off here but that’s what it looks like to me.

Hope it helps

Jon

What is the role of your circumstances in your success or failure?

Obviously your circumstances can make it significantly easier or harder for you to succeed. But that’s all they do – make it easier or harder – they cannot propel you to success and they cannot hold you down.

There’s at least one thing that’s more important than your circumstances, and that’s your personal ownership.

Essentially there are two types of people in this respect – people who believe that things happen to them, and people who believe they make things happen.

If you believe that things happen to you, you’re likely to never improve the circumstances that you were born into. Simply because you believe that life happens to you so you’ll never make a real attempt at influencing your life, and you won’t achieve the success you crave.

But if you believe that you make things happen, then almost no matter how dire your circumstances, you’ll find a way to make it work.

So really, your circumstances matter as much as you let them matter. It’s up to you to own them, own your destiny, and become all that you can be.

Hope that helps

Jon

Why do I spend so much money, especially when I am consciously trying to save?

Consciously trying to save is a step in the right direction, but isn’t necessarily enough.

Imagine someone taking on a diet, and consciously trying to follow it.

So when they have a meal, they consciously choose healthier options, they might even go to the gym and take the stairs up to their office instead of the lift.

But if they don’t love the diet they’re trying, if they feel like they’re missing something, it’s just not gonna work.

Whatever they’re craving for, they’ll have it without even noticing. Someone brought cakes into the office, “well it’s only one what harm can it do, besides I deserve it!” Or popping into a Starbucks, they’ll have that frap that has 20 spoons of sugar in, and before you know it they’ve made up all the calories and fat and sugar they were saving with all those healthy meals.

It’s really the same with budgeting. It’s not enough to be conscious or committed, you have to enjoy what you’re doing. Believe it or not, some people do enjoy the act of saving by thinking about what they’ll be able to do with the money they’ve saved.

However, this isn’t how we’re wired. I can only guess it’s a survival mechanism from when humans lived a subsistence existence and whatever food they got their hands on – they ate right away.

It’s called time preference, and most of us have a high time preference, which means we prefer to have something now rather than later. People who enjoy budgeting and saving have a low time preference, meaning they prefer having more of something later rather than less of it now.

The problem is most of your financial advisers will have a low time preference, while most of their clients will have a high time preference. And trying to get people with high time preference to budget and save is setting them up for failure if they don’t actually enjoy it.

That’s why, if you want to focus on reducing expenses rather than increasing income, you should really restrict yourself to those expenses that don’t really impact your quality of life – get the best phone/ tv/ broadband/ electricity/ insurance deals, don’t pay with credit card for anything you don’t have to and work with your bank to clear down that debt, etc.

And, of course, you can work to increase your income. If you’re under 50, you probably need to think about doing that anyway.

Hope that helps.

Jon

Mindset

I’m trying to change my mindset.

It’s really hard because I’ve convinced myself for far too long that there are certain things that I am just no good at, and there’s nothing that I can do to change that.

I’m trying to change that now, because I realised that not only is that universally not true – anything that you suck at you can suck at less if you put in the work – it’s also not true about me. I learned to congratulate myself about things that I did in my life that prove that I am good at some of those things that I think I suck at.

Learning that we all have that asshole within us that tells us that we can’t, that picks on every little thing we do wrong and every time we didn’t resist a temptation or didn’t do something we promised ourselves we would. That asshole is in all of us, and it’s just that some of us have learned – through hard work – to be awesome while that voice is still going in our heads.

Every morning it’s a struggle again for most of us. And there are some things that I’m starting to do now that should help. Setting clear goals is really important, and pushing ourselves to hit those goals is really important.

I heard a really wise person this week say that making the right choice is really hard, because more often than not the right choice feels like crap in the moment. Pushing yourself to write that sales email, not having that slice of cake, go to the gym – for most people those can feel like chores for most people, at least at first.

It’s only later on when it becomes apparent you made the right choice. When you feel that voice inside saying “you got it right there, well done”. Once you hear that voice, it becomes addictive, you want to hear it again and again. It’s getting there that’s tough.

I’m trying to change my mindset so that I can create a better life for my family. It’s great to be able to go on holidays, go out, get gadgets without having to stress about the financials of it.

Hope that helps

Jon

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