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Happy New Year 2024 – The Year I Stop Trading Time For Money

I am writing this post on Sunday 31st January 2023 from my home in Chigwell Row, Essex, England. It is new year’s eve, 2024 is just around the corner.

Goal: Stop Trading Time For Money By 31st December 2024

I have set a goal of creating a monthly passive income of over $5,000 in the next 12 months to enable me to quit my current employment as a corporate security officer. I will achieve this goal by building passive income stream using the internet.

Currently, I am stuck in a job that involves trading time for money. I get paid for the number of hours I work. There are only a limited number of hours that I can work in a day.

I work 12 hour long nigh-shifts. Even if I worked every single day of the entire month, I would only work on average 30 x 12 = 360 hours.

Let’s say that I was paid £15 per hour, I would earn £15 x 360 = £5,400 monthly. This works out to approximately $6,880 monthly. This figure is hypothetical, as I will not be able to work every day of the month.

If I worked 250 hours monthly, I would earn 250 x £15 = £3750 monthly. This works out to approximately $4,777 monthly. This figure reduces to around $4,000 after taxes and insurance has been deducted.

I will need to earn a minimum of $4,000 monthly to enable me to quit my current employment. I have set a goal of building a monthly passive income of over $5,000 to enable me end up with over $4,000 monthly after paying taxes.

This monthly passive income needs to be sustainable for a minimum of 24 months, whilst I work on building other passive income streams.

I have 12 months (2024) to reach my goal and quit my current employment. I have been researching various online income opportunities to enable me to accomplish this goal.

Leverage Is Going To Help Me Reach My Goal

If I had $1,000,000 to invest, I would easily be able to create a monthly passive income of $5,000. I could invest it in dividend paying stocks or real estate.

Dividend Paying Stocks:

$1,000,000 invested in stocks paying a dividend of 6% annually will earn…

6% of $1,000,000 = $60,000 yearly

$60,000 / 12 = $5,000 monthly

Real Estate:

Let’s say you purchase a property for $1,000,000 or 2 properties for $500,000 each…

You can rent them out and earn a rental income of around $5,000 monthly.

Online Business:

The only problem is that I don’t have $1,000,000 to invest in stocks or real estate. I need a solution that will enable me to build up a monthly passive income as it grows.

The only viable option is to start and grow an online business.

I can afford to invest a maximum of $200 monthly to build an online business to create passive income streams. I can put in a maximum 1.5 hours daily into building the online business.

I looked for online business opportunities that were relatively low-cost and offered a large amount of leverage as I need to leverage my investment and time greatly.

$10 Monthly Online Business Opportunities

I will be using two online opportunities that cost only $10 monthly to operate. They offer a large amount of leverage and can be built on a part-time basis.

I will be working with these two opportunities for the next 12 months to build up a monthly passive income of over $5,000. You can also join me and build yourself a substantial monthly passive income using these.

The opportunities that I am working with are LiveGood and Nexus Rewards. I will be building global networks in both of these opportunities. I invite you to join my global network immediately to start building your own passive income streams.

I have created a detailed plan of how it all works and you can access it by subscribing to The Digital Wealth Builder.

Taking action on this post could be the most important thing that you do to transform your lifestyle in the next 12 months. I don’t believe in get rich quick schemes, I am building a long-term passive income using the internet and also invite you to do the same. I have given myself 12 months to build a monthly passive income of over $5,000.

Transforming My Money Mindset

I have trapped myself in the rat race as a result of my mindset related to money. I have not worked towards getting out of the trading time for money mindset. I believed that I would need to invest $100,000’s to build up passive income streams.

I have realised that it’s my mindset that has kept me stuck, it’s not the lack of money. Many people are earning in excess of $10,000 monthly from these $10 monthly business opportunities. One person has built a monthly passive income of over $80,000 in 12 months, another person has built a monthly passive income of over $20,000 with the exact same opportunity.

Earning over $5,000 monthly with these online opportunities is absolutely possible. It can be done in 12 months by believing in yourself and taking massive marketing action.

The initial step towards creating financial freedom is to build a substantial monthly passive income to get yourself out of the trading time for money trap.

You can do this with a monthly investment of $100 to $200. If you are really short of funds, you can do it with only $10 to $20 monthly. I have set a monthly budget of $200 to build my online income streams and I will be investing approximately 1.5 daily to build my online business.

If you truly believe in yourself and take massive action, you will be able to build a substantial monthly passive income using only $10 monthly. Don’t allow yourself to believe the excuse that you don’t have the money or the time. If you really want to do it, you will find the money, time and also be able to pick any any skills that are required.

Have Fun, Whilst Building Your Online Business

I am not going to cut myself off from civilization whilst building my online business. I will spend less time on social events and going out with friends and family. This will last for the next 12 months, it’s a temporary measure.

I will still take time out to celebrate my ongoing successes. You still need to reward yourself for your achievements and accomplishments of mini goals along the way.

I will be going out to celebrate new years with friends and family later on in the evening. I will work on my online business during the day on the 1st of January 2024 and visit friends and family in the evening.

I will get back to work on the evening of the 2nd of January 2024. It will be back to 12 hour long night-shifts and building my online business and passive income streams in my spare time.

It’s a matter of staying committed and taking massive action. My working hours will become less tiresome as I will know that I am taking action towards freedom!

The next 12 months will be challenging and also exciting. The vision of leaving the rat race will drive me towards taking action. I will continue writing posts to update you on my progress and to keep myself and you motivated.

Work with me for the next 12 months and let’s escape the rat race in 2024. Join LiveGood and Nexus Rewards and subscribe to The Digital Wealth Builder.

I will be building my online passive income streams in 2024 and you too can join me and do the same. I will share what’s working for me and also share what’s on my mind via posts on this blog.

Make A Promise To Yourself

If you are 100% determined to quit the trading time for money lifestyle, make a promise to yourself that you will never quit once you get started. Once you have developed the “Never Quit” mindset, your life will start to follow a new path.

I am looking to work with people who are wiling to build their online businesses and income streams. Not people who join and move from one opportunity to another. If you are ready to work with me in 2024, join the programs and stick with them for the next 12 months.

You will need to take action to build your online business networks and income streams by taking massive marketing action. You need to believe in yourself and stay committed to your goal of build a substantial monthly passive income. The marketing part of the business can be picked up.

I will be able to teach you how to market your online business, but I cannot transform your mindset, you will have to do it yourself.

If you have become too comfortable living the trading time for money lifestyle, you will find it hard to escape it. If like me you are totally disgusted with living the trading time for money lifestyle, you will find the path to freedom.

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