Generating Cash Flow

I was listening to a talk about how to generate cash flow. A topic of interest for many people. I was thinking about those who actually choose to implement certain and those who choose to just listen and think, "ahh, that is interesting" and not take action. Yes, generating cash flow will require work and changes. When we listen or read about things and not take action, we are wasting our time. We might as well be sitting in front of the TV because we are not valuing our time.

This talk was different, it went into the mindset of a person who does choose to take action. (The only way that is worth thinking about.) Those who choose to take action because they are really in need of generating cash flow will take these ideas and run with them. The other part of the equation also deciding that this is important, this has to be done.

These were outside of the box ideas, for your reference, I wanted to share with you in case you choose to take action. The topic is Spring Cleaning, go through each room and evaluate, what things do you actually use? What are you not using? Are you willing to sell it, toss it? I.E. Part with the items. In order to have success, you must be willing to part with these items. On the other side of the coin, what items are you buying that you are not using? Think about each purchase before you make it. Ask yourself, if this $1,000 TV were $5,000 would I still buy it? If the answer is no, then leave the item at the store. Those Starbucks or 7-11 morning coffees add up on a daily basis, if you need the caffeine, use another source or buy it from the grocery store. You will save time in the morning and money.

Your daily life... Are you buying food that is unhealthy? Food that will cause weight gain? Find and image that will deter you from buying it, use the 5x the price, think about how it will make you fatter and need to buy more clothes. Whatever the image is for you. I pass up these isles and sections very quickly. I did not see it so I did not buy it. There are emotional and spontaneous purchases, both are made daily and add up very quickly. All that you are doing is adding to your debt.

Are you paying for services that are "convenient"? Car detailing, house cleaning, oil changes, minor house repairs? Yes, it is easier to pay someone else to do these things for you, however you could be applying this money to other more important areas of your life. Another way around this is to barter for services, you have something you are good at, others have their talents. Offer doing something in exchange for them doing something.

The list of ways and ideas could go on and on. What it comes down to is;
How bad do you want the change?
How bad do you want a happier life?
To what lengths are you willing to go after the things you really want, the things that will give you a better life?
Generating cash flow is about your mindset and following through. There are things that everyone can do, they are not willing to do it. They believe the cable, the cheesecake, the car detailing are all essential to survive, the reality is they are not. If you did not have these items, you would still live, and you would be better off not having these items.

What are the ways you an implement this into your life?
Please Like, comment and share using the spaces below.