Some studies show that up to 70% of Americans live paycheck to paycheck, which means that the overwhelming majority of us wouldn’t complain if we had a little extra cash lying around.
The problem is: getting a short term part time job won’t really help you. While it can provide an immediate cash relief, in the long run you’ll just find yourself burnt out from burning the oil at both ends, and will be no better off than you were when you started.
So what do you do when you need a second income not just now, but in the future as well?
You build an asset.
Developing The Asset-Mindset
In order to secure your financial future, you need to think like wealthy people do.
The fact that separates the top money makers from the rest of us is their mindset. If you’ve ever read Rich Dad, Poor Dad, you know exactly what I’m talking about:
98% of the population works for a salary or wage. Their principle income comes from earning their money.
The top 2% of the population works to build a portfolio of assets. Their principle income comes from dividends their assets pay over time, not from a salary or wage.
A second job will give you more earnings, but what you really need to think about is developing an asset that can provide you income over time. This is the magic mystery of passive income.
How To Build A Stable Second Income Online
These assets can come in many forms, from real estate investment to stock dividends to full fledged businesses that employ dozens of people.
For most of us, though, these mechanisms are too expensive to get started, either in terms of the knowledge required, up front capital required, or both.
This means that your best option for building an asset that generates a stable second income is to start an online business.
Affiliate marketing is great because it’s something you can do in your spare time, and you don’t need to have any specific experience to get started.
If you think this is something that might be for you, click here to learn more about building an affiliate business, or click here to learn how you can start building your asset TODAY!