Earnings are not what you get from customers. <\/b><\/p>\n
It never was.<\/span><\/p>\n Earnings are what is left after deducting expenses. After all, if you open a muffin business and spend 15 cents on baking and sell them for 14 cents, there is no earnings, no profit. In a sole proprietorship, there are fewer middlemen, but the rules are the same. <\/span><\/p>\n If you want to earn more <\/b>- Increase revenue or reduce costs. There is no other way.<\/span><\/p>\n How can I increase my income without changing my working methods? Unfortunately, this is not possible. If you want more income, you have to learn and apply what you learn. I'll tell you how and where to learn. <\/span><\/p>\n But first...<\/span><\/p>\n You know, as a real adult, I have this \"Personal Finance Journal\". I keep it in a Google Sheets spreadsheet, <\/span>although there are easier ways to track finances<\/span><\/a>. This month, I put off filling it in for a long time because I knew the situation would not be good. I have incurred a lot of expenses in the last month and I was already at risk of running out of money when I stood at the checkout at Rimi.<\/span><\/p>\n That's the convenience of not counting costs, <\/span>because keeping track of how much you spend is scary!<\/b><\/p>\n That's when you see where the horns of the little things stick out. Those one-night Mojito cocktails and innocent smoke breaks. And if an abusive spouse sees where you've spent half your salary...<\/span><\/p>\n But do we really need to be afraid of costs?<\/b><\/p>\n So if you don't know, nothing will change. And if you do... you can already make a difference.<\/span><\/p>\n Mr. Money Moustache<\/b><\/a>, personal finance superhero, <\/span>with a following in Lithuania<\/span><\/a>, has 6 rules for retiring at 30 and not working a day more. Unless you don't want to work, of course.<\/span><\/p>\n If a pension at 30 sounds impossible to you, or if you think only those living in Japan can do it, a programmer from Vilnius, <\/span>Povilas Panavas<\/span><\/a>will change your mind.<\/span><\/p>\n So there you have it, six rules we can discuss.<\/span><\/p>\n ...But the point remains: <\/span>the only way to increase earnings without learning how to do the job more productively is to cut costs.<\/b><\/p>\n And anyone can do it.<\/span><\/p>\n I don't know where your money is going. But if it's a little money, you're obviously spending it on something. Try tracking your spending for at least one month. Use your head, damn it!<\/span><\/p>\n You will have to learn. Change the way you work. <\/span><\/p>\n For example:<\/span><\/p>\n And... Well, I'm not a jack of all trades. I barely know one end.<\/span><\/p>\n You will have to learn how to learn in order to learn what will benefit you. Learn from a variety of sources <\/span>Lithuania<\/span><\/a> and <\/span>for the rest of the world<\/span><\/a>. And whatever works for you will help you grow. And grow your profits.<\/span><\/p>\n ...Or maybe you have <\/span>your own tips<\/b>How can I earn more without putting in extra hours? Or do you have other observations? <\/span><\/p>\n...How are your expenses?<\/b><\/h2>\n
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\n<\/span>These rules are open to debate. Write a comment on what your opinion is and whether you would add a rule. <\/span><\/p>\n...And how to get more income?<\/b><\/h2>\n
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