You are feeling it, I’m feeling it. Everything is going up in price and it hurts your purchasing power.
This is what happens when $7 trillion is printed and dumped into the system, it pushes everything up.
It’s called Financial Engineering and its done to prop up prices and keep our economy from collapsing.
It also creates a ‘wealth effect’ where you see your portfolio and home prices rise…
But it also makes everything else go up: groceries, gas, services.
If your income, salary or cashflow isn’t growing more than 10% per year, you’re actually getting poorer because inflation will erode what you are making.
I’m trying to get rid of cash because it just erodes from inflation if it sits there.
All other assets aren’t any more attractive after being in a bull market for over a decade (aka bubble).
Gold and Crypto were supposed to be the things to invest in to protect you from ‘fiat currency’...
Want to know all the ways you can create income with your knowledge?
Confused about how to start and create income sources?
If you know 20% or more than the average person on a specific topic, you have the ability to create streams of income from that knowledge.
What are you waiting for? Grab a pen and paper! Start listing down all your abilities.
Some Ideas Include:
A mastermind group
Membership group (paid community)
Paid podcasts (new trend that is emerging)
Challenges (3-5 day works the best)
Mini Digital Course
One on One Coaching
Here are some other cool things about 'Knowledge Brokering' :
- You can run it from anywhere in the world.
- Doesn't require a physical product (storage, shipping).
- Can be set up with minimal costs (email, zoom & a FB group is all I used for my first course).
- Doesn't need to be a race to the bottom with margins that can happen with physical...