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The Money Machine 103 – Revenue

Money Machine

As important as frugality is, we can’t save what we don’t have. And if you don’t have much coming in, then there isn’t much to work with. Also there is always going to be a limit on how much you can save. You’ll always have to buy food, water, heat etc. and because of that there will always be a limit on how much you can improve your net income through saving. A balanced approach takes into consideration all the other parts of The Money Machine. The two that have the potential to create revenue are the revenue part of the income statement (paychecks, etc) and the asset portion of the balance sheet (rentals, dividends, etc). Maybe you are one of the ...

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