Live Life With Purpose with Adam Smith

Live Life With Purpose with Adam Smith


#127: Resources, Work, and Reward

January 31, 2017

What resources do you need to make your goals happen? What work do you need to put in to make your goals happen? What rewards will you reap from reaching your goals? Knowing the answers to these questions not only lets you know what you already have in your possession, but what is needed in the future to achieve your goals as well. 
The first question that probably comes to mind is a question about your current and future financial resources. I don’t talk about money often, but regarding resources, it’s a very important topic. Your question around this topic may sound something like this: “How am I going to make this happen with the finances I currently have and how can I save more money until the time that I really need it?” The answer could be to keep going to your day job every single day and put some money away in retirement and hopefully have enough to make it in the future, so you can “someday” achieve your goals. But when you settle for that way of life, you put your goals and dreams off for a time later than right now. You need to pursue your heart’s passion sooner rather than later, so it is imperative to find resources before the 10, 20, or 30 years that it could take for you to retire and reap the benefits of your work.
When you find more income, you accelerate your power to impact others. This is the only reason that strong financial resources is important. No matter what you do, you need to find ways within your current career or with second and third jobs that build income. Very rarely do people who make a lot of money only work on one thing. Nine times out of ten, it’s those who have two or three sources of income and are juggling them well who will find financial freedom. Now, you don’t need to go and get four new revenue streams right away, but what you do need is help from people who have experience in your area of focus, a plan to make your goals happen, and to be willing to put in the work.
I will say it until I’m blue in the face: work is what makes your resources and knowledge come to life. Work is where the magic happens. There is always a reward that comes from the work that you do. But, it is up to you to decide whether or not your pursuit is worth the risks and effort along the way. 
And since changing things for the better requires taking action, think for a minute about how you can start building extra income. Can you sell something online? Can you have a huge garage sale? Do you have a service or product idea that other people want and need from you? Could you get by on one vehicle instead of two? However you can produce extra income, put in the work, and start setting money aside. There are so many benefits in doing this: lower stress levels, more options, and freedom, just to name a few. But many times, people remain so focused on their monotonous routines that they forget about everything else that they could be doing.
And in addition to increasing your income, there is also the need to save money. So, I will leave you with three of the best financial tips that I’ve ever received:

* Invest as much money as you can.
* Just because you make money doesn’t mean you have to spend it.
* Be a good steward.

Use these ideas to increase your revenue and save more money, so that you can begin funding your dreams, today.