How to get rich from the internet? It’s not as hard as you think.

How to make money on the internet.

The question of becoming rich is so common and one of the most asked questions in the world. especially getting rich from an internet business.

Everybody wants to be rich. Everyone wants to enjoy a great life of no financial stress, having a very nice home, traveling wherever and whenever you want. Stepping into your dream car with your partner and enjoying the freedom you have once finances aren’t an issue.

That’s what money brings.

It brings you value in life to do something ‘your’ way.

Every one wants to live life their own way in whatever form you want.

You most likely want it in a way that you don’t have a boss telling you what time you want to be working and being free to do your own thing. I believe this is what most people are searching for. Not the million dollar yachts, airplanes, buggatis or mansions.

People want to have freedom of choice, without the constrains like lack of funds. The problem with society today is that people are bombarded with a shit load of advertising. Advertising on the radio, on the tv, on the street and the most profitable marketing today is the internet.

And this brings the most unique opportunity the world has ever seen regarding business.

It is the internet.

Every one is on the internet. Even in low income country’s you can see people with their smartphone walking around checking out Google or Facebook.

It’s unbelievable to think people put a smartphone first and food second. Its crazy, but its the truth. Most people even get highly addicted to the internet and social media. You know those people who want to make a selfy every single time.

On https://www.technologyreview.com/ its reported that the average American spends around 24 hours per week on the internet. I even believe that’s a false count, when I take a look wherever I go. Work, friends, family or just outside, every one is on their smartphone almost every single minute of the day.

Once people do nothing, what do they do? Check their phone.

Are you bored? We’ll just gotta check my whatsapp ‘incase’ somebody send a message to me.

Just gotta wait on the bus or train? Hmm, let’s fill up that time with some news searching or scrolling through Facebook for the 177e time.

Knowing this can bring the correct people the way to win. The people who are the go getters, the doers and the winners. These people can profit from the internet addiction.

Normal people look on the internet for information and entertainment. Something you as a winner can provide. Normal people don’t think this way because they learned to ‘work’ for money.

 

You can bring internet value!

What can you think off that brings people value in form of entertainment or information? The sites that you watch can give you that information. Most people who create sites have an idea behind it. The idea to make money, enjoy what they do and share it to other people. This sharing is what is called bringing value.

But there are also different kind of ways to make money on the internet. Take YouTube for example. Take a look at a PewDiePie or whatever the man is called, I don’t give a shit. But we can all learn from what he brings to the table. This guy earns a lot, laughing all his way to the bank while most people who watch him are broke as a joke.

And what does he do?

Making YouTube video’s about gaming and creates his own ‘image’ in these video’s’. That’s just what he does, being himself and creating an image/reputation around it. But don’t think it its very ‘easy’ what he does. There is a lot of editing to be done, filming that goes wrong and it take a lot of time to do it. Where most people leave their job at 5 – 6 o clock. These guys work like 12 hours a day. Still, the entire idea is very simple.

Guys like PewDiePie love their work, unlike most people and he gets paid sincerely for it. That’s why they keep going and working 12 hours a day. These guys get their reward later on. Around 1 million/month this guy makes and most importantly in his own time. Can you begin building 1 – 3 year something and not getting paid, until later? So you are hating on him making money? Well what did you make this year?

So you can definitely learn something about it. You can’t hate on somebody else making money, because you will attract the same mombo jombo that you wish on to others.

The problem with this is that most people don’t believe they can do it. Normal people have been conditioned by society, parents, school and the environment that you need to get a good job to pay the bills.

Of course if you want to pay some bills, you can find a job to do that.

You want to live your life in freedom and not only bills? You need a different direction for that and you should not follow the herd.

Don’t listen to what the average bozo has to say and go your own fucking way. This way you can stand out of the crowd. Stand above the corn field. Create something that lasts you forever.

A job is fine but it won’t bring you a full filling legacy and everlasting happiness. Because the problem with a job is that it limits you to your boss and he’s mood. If you have a very good boss then its a very nice job. But most people don’t have the luxury that includes a good boss. Going your own way is the next best move.

First you have to get rid of those nasty bills that keep you at your job. Meaning kill your huge housing payment, get rid your car payment for your Mercedes that costs you $50.000 and stop spending all that money on useless junk. This way you save your money for an opportunity to do your own business, investing in something useful or go to school for a better job.

The last thing is to get a ‘better’ job because eventually that job is going to suck too. But if it creates more money for you and it is more fun, then you can do it. Use that better job to create a better future, to save your ‘extra’ income that you get from that new job. Maybe you got more free ‘vacation’ days? Use that time for your own business to grow it.

But I wouldn’t recommend going back to school, the average college degree is going to cost a lot of time. Time you could have invested in your business.

After you have saved some money and got rid of your bills, find a way to provide people value on the web. I am of the believe that everybody has something they can provide to people.

How can you get yourself an internet based business and enjoy freedom?

  • What do you do that can help somebody? Maybe you are very technical and are very good in electrical work.
  • Since you have found the thing you would like to do, its time to set it up.
  • Get a LLC from the government and start your own business that provides the electrical work.
  • Go and network around, chances are you already know people who you have helped regarding that work and they can be your recurring customers.
  • Let them network around and do your best to advertise your company to different clients and other people outside of your current client network.
  • Get a website so people can contact you, give ‘basic’ value and information in forms like video’s, how-to’s and pictures of your work. This way you create more advertising for yourself and give people a foundation on where to get in touch with you.
  • Grow your business by hiring other ‘experts’ in your field and start selling tutorials on how people can repair their own stuff, so they can save some money and you can earn from teaching people. This way you can create a forgoing cash flow without you going from place to place.
  • After that you can start counting your cash and enjoying your freedom.

This is just 1 example you can do, there are so many things where you can provide value in. Just like this website. I have created it to provide value in the finance area and to give you an other mindset in how you can make money other than a job. To get you out of the daily rut of living for somebody else.

The features of getting an internet based business:

  • You create your own content, only you, no boss, no constrains.
  • Your income level has no limit, your job is mostly limited by hours and your boss.
  • Freedom to work wherever you are, on a beach in Thailand, in New york city while traveling or in your own house with your family.
  • You can choose whenever you want to work, no 9 – 5, not limited by vacation days or sick days.
  • Income keeps coming in even when you sleep, sick or don’t want to work. Can you do that with your current job? Let that sink in.

So what are you going to do?

Watch 6 hours of tv after work?

Or work your ass off 6 hours a day after work so you can enjoy this :

 

Start enjoying your life now!

Until next time,

Uuldriks Financial.

Why living frugal can bring you ever lasting wealth

Can being frugal give you the way to riches and wealth?

The way you can achieve being a wealthy person or family is that you create value for this world in forms of services or products to the people. But to keep your wealth or income is to become frugal.

Once you have created this value and you receive your harvest, then you should save a portion of this harvest. Once you save a portion of your harvest you can plant the seeds to grow more harvest in time. This is called compound interest.

The harvest is the income you receive for providing value to the Marketplace. Your boss, your company or clients that you serve through your own business.

With that harvest you have to pay for your expenses that you occur like things you have to pay to provide a ‘good’ life for yourself and your family. If you have a business then a portion of the harvest goes to the business expenses to further provide and expand you empire to a greater degree.

After paying all the necessary bills you have with the harvest. You have the option to spend money on things you would like to buy. The problem with most people is that they go way overboard on the spending part of the harvest. They don’t focus or even thinking about planting seeds for the future.

Planting seeds is highly important for building a wealthy future. If you don’t plant seeds you will have nothing in the future. If all you do spend, spend and spend you will destroy the opportunity to reward yourself with freedom that you deserve.

Grow that money tree!

Money tree

So what is the plan?

The way to get a better grip on your future is to become more frugal.

So

DON’T WASTE YOUR MONEY.

A lot of people think being frugal is something of the past, something from an era where there was not a lot of food and work was impossible to find. A situation like the great depression in 1929.

But being frugal has nothing to do with that, sure a lot of old people still have the same mindset because their parents or themselves have experienced major poverty in their life time and that is completely understandable. But the issue with having a ‘broke’ mindset is that it will control your entire life.

I personally believe that thinking the frugal way is that you want the most out of something. That things you buy with your money will last forever so you don’t have to keep investing money in such things.

If you search a coffee maker, find one that is reliable and brings a lot of value for the money you put into that thing. In that way it is worth the money you buy it for. You don’t want to be buying a coffee maker every single month because of a shitty design. Wasting your time and your money away.

You should always search good items if you want to buy something and keep in mind that you need to keep it untill it dies. Once you decide what you want to buy and you want to keep it forever. Then your mindset will be different. You wont just buy something because you will see it. You will wait before buying and researching different kind of items for which one is the best fit for you.

The best bang for the buck.

The problem is that you can go overboard with the idea that more expensive is always better. You can buy yourself a $150.000 BMW but it will get a flat tire the same way a BMW for $5.000 would have. So don’t use that excuse to buy something very expensive. I have personal experience with this guy at work, he has this crazy expensive car to show off and has a lot of problems, it’s always in the shop. The car I own is way cheaper and my time is more on the road then in the freaking garage paying shit for a shit car, wasting money away.

Don’t go into a new car dealer and buy yourself a new car just because you had some maintenance with your older car. You will never be cheaper with a new car. For the money a new car depreciate, you can rebuild your entire car and have some money left over to give to people and have some new friends.

You want to find the perfect time where something has depreciated to a point that you can buy it on a cheap price and the product has a lot of years left in it.

An example.

Say you are looking for a new car. You want a nice and reliable one. The reason you want to upgrade is because first off you have the money set aside from your emergency fund and paid off your debt.

Second reason is you car is old, rusty, not very comfortable and breaking down on about every corner right now.

My suggestion would be to look for a car that has had the biggest depreciation hit, that means looking for a car 3 – 5 years old with low miles. Take in consideration that the higher the cost of the vehicle, the more it will depreciate.

A Kia rio from 2018 new is around : €19.995.

A year later with around 10.000 miles its worth : €15.000.

If you take a look for a Kia Rio that is 3 – 4 years old it will take a big step from that Original price of €19.995.

When we take one from 2013 with around 40.000 miles you have to pay : €8.900 for the same car that is 5 years older.

Thats a depreciation hit of -€11.095, that spread over 5 years is -€2.219 each year. A lot of people don’t even have that money in the bank. How retarded are you if you accept to let that money flush down the toilet. And this car doesn’t even depreciate that fast.

Let alone if you buy that Mercedes or beamer.

ONLY BUY IT IF YOU CAN REALLY AFFORD IT!

—————————————————————————-

How to determine what you can afford?

So how can you determine how you can afford something? Like a car, a house or just a new couch?

How much to spend on a house?

For a house it is very easy but hard to adjust. I would suggest 20 – 30% of your ‘net’ pay. Because people are way to easy to buy a house that is very high in monthly payments. People are manipulated in thinking paying a lot for your house is a safe investment and that you need to buy as much housing as you can. Because that way you can live very nice and have something for the future.

But most people are ‘broke’ and don’t have money left over for things they really want to do in their lives. If you really love to have a nice house, want to spend a majority of you income on it then maximize your spending to 40% your net pay. This way you can buy your dream house, but don’t expect to do a lot of traveling and buying nice cars because it’s a choice you have made.

So if you make $3.000 / month, spend $1.200 / month on housing. What I personally think is fucking crazy. I make around that money a month and spend like $400 on housing. I would rather suggest you pay no more than 25% off your net income on housing. Putting the limit on $750 / month.

It’s all about priorities. My priority is freedom and positive cash flow brings that freedom.

What is your priority?

Being frugal or a house?

What about a car?

We’ll most people get a car payment, its understandable if you don’t have any money in the bank. The average person doesn’t even have $1.000 for an emergency, so how the hell can you come up with an extra $20.000 for a new car?

You cant and that’s why you get a car payment.

How much is the max you pay on a car?

We’ll we described above that a car depreciate like crazy and if you want to build up some money you have to really think drastically about a car purchase.

Do you love cars and you don’t bother to pay a lot for it? Sure you can splurge a little bit once you have your other priorities at place like some savings for when shit hits the fan.

I really love cars but I would suggest that you wont pay for a car that is more then 25% of your net pay.

Lets say you make $25.000 / year that means the maximum car you can afford is $6.250.

Making $50.000 / year? Means you’re not going to the beamer dealer for a brand new 5 series, you are going to be content with a used 3 series for $12.500.

$100.000 / year ? Well now you are going into the nicer cars area, used Mercedes or a new car. Putting the purchase price at around $25.000.

This way you can enjoy nice cars, be frugal in your ways and still have some money left over for other parts in your life.

Why do I suggest no more than 25% of your net income? Because the car is going hill fast value wise and if you splurge $40.000 on a car, your money that you worked for is going to be worth nothing in a couple of years.

Using a % of your income is a great way to focus on creating more income, you want a nicer car? Well find a way to grow your income so you ‘may’ afford that dream car.

What is my cars value regarding to my income?

More like 7% because the car I own at the moment depreciated very fast. The reason for this was extra ‘diesel’ hate created by our governments. Thanks for that!

So best thing to do is to keep driving this hunk of junk until it destroys itself.

The only thing you have to remember after getting that nice car is to drive it untill the wheels fall off. if your out buying such a car every single year, you’re gonna be fucking broke.

And remember pay cash.

What is your priority?

Being frugal or a car?

What about stuff like furniture?

Some people really like having a nice interior in their house and I can understand that you love a nice couch. Nothing wrong with that.

But having too much and spending too much on ‘stuff’ is a great way to be forever broke. You can always buy a new and nicer thing, that’s the entire problem with consumerism.

Sure you can like it but the enjoyment of that item can wear off quite quickly. If you want something, you need to wait at least a month before buying. This way you can save more and really think about if you ‘really’ want it. If this is the case you may buy it, because you will keep the item that much longer.

If you buy on impulse your excitement wears of in like a week.

Delayed gratification gives you more contentment from the item you want to buy, because you will always know how long you waited for that particular item.

So how much should you spend on that?

I would suggest that you put 10% off your net income a side and save it to buy something you like. Spend that 10% however you like, its something you reward yourself with after saving month after month for a long time. Lets say you make $3.000 / month and that item is $600?

Put that 10% Aka $300 / month for 2 months . Once those 2 months are over you got your money and 2 months thinking if you still want the item. That’s real delayed gratification.

And remember pay cash.

What is your priority?

Being frugal or stuff?

What about just plain fun money?

I put a personal spending limit for 10% of my net income. You make $3.000 / month? We’ll spend no more then $300 a month on fun stuff. Going out to drink with friends, taking a day off for the beach or going out for diner with your girl.

You can spend money very quickly eating out or drinking. That’s why I recommend getting that $300 out of the bank and put in a box in your house.  Every week you take out some of that money, like $75 and you can use it however you see fit. Is the $75 gone that week? Gotta wait until next week until you can go out again.

This way you can enjoy your money, learn to grow your income more for more fun money and not spend crazy on just dumb shit like 66 beers every month.

And remember pay cash.

What is your priority?

Being frugal or beers?

How this effects your frugality.

So how is this going to effect your thoughts and frugality?

We’ll once you’re in the mindset that you set up yourself budget wise in what you really want and you save on the rest, you’re frugal. You are focussing yourself on what you love to spend on and things you don’t care about have no need for spending.

If you want to drink & go out a lot and you spend only 20% off your income on housing, then you can do that.

Once you really think about where you want to spend your money and you save the rest, invest those in seeds and make it grow, you can achieve being a wealthy person.

It’s very simple :

Live below your means!

See you later,

Uuldriks Financial.