How to Generate Wealth Beyond Your Job

Generating wealth beyond your current job never crosses the minds of most people. They are focused on looking for the right job that will provide them just enough money to survive short term with steady pay checks, and never ask ‘What else is possible?’

How about you? An income from your current job, no matter how large and substantial, doesn't necessarily equate to wealth. If you are not financially aware and if you don’t know what you can do with the money you have, you will never become truly wealthy.

Do you believe you have what it takes to be wealthy? Your current financial reality is the reflection of your points of view about wealth, money and finance.

For example, if you believe that you have to work hard in order to have money and you don’t have a sense of ease with having money, then you will constantly create that as your life. In truth, when you allow yourself to be bound to your current job (whether it be salaried, stay at home, self-employed or any other combination), you are limiting your capacity to generate greater wealth.

If this is the situation you are finding yourself in, there are some things you can do to change and create different possibilities. To escape the drudgery of living pay check to pay check, and the trap of the financial hamster wheel, you first need to be aware of your points of view that have prevented you from being abundantly wealthy, and be willing to change those points of view. Without such awareness, you’ll only be applying short-term solutions. There will be no change.

Here are four strategies to generate wealth beyond your job.

1. Change your point of view about money and wealth. Generating true wealth begins with your mindset and the way you think about finance and about making money. Are you willing to see that trying to change your financial reality will be ineffective, until you change your points of view? If you don’t believe that you can generate wealth and have a thriving financial future then you won’t create it.

2. Knowing what you would like to create as your future. Everything you do creates your future. It is essential to be aware of what you would like to create as your life and your financial future. Once you know this, you will start to generate what is required to create your financial future. Ask yourself: “What are you creating? Are you happy to just work hard for your money? What do you really want to create as your future? Where do you see yourself being in 5 years’ and 10 years’ time? What would you like to achieve? By asking these questions, you will become aware of the information you require in order to achieve a thriving financial future.

3. Understand Finance. If you wish to create the wealth you desire, it is essential to educate yourself about money and finance. Educate yourself about what having money is and to be aware of your money situation. Do you have a clear picture of your personal financial position? The first thing you need to do is find out how much money you have, how much you owe, how much you spend, and how much you need to generate each month. You must know what it costs you to live the life you desire, so you can see what kind of money will be required to be generated. This is about looking at how things really are, instead of how you would like them to be.

4. Develop multiple revenue streams doing something that you love and enjoy. The people who love what they do and do it because it brings them joy are the ones who will make money at it. Please get that the energy you create from, is what creates and generates your life. So, do you know what it is that you enjoy doing the most? Become aware of the things that you are good at. It’s very important to be good at what you love to do if you would like to make money from it.