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Canna Campbell

πŸ‘€ Speaker
1844 total appearances
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Podcast Appearances

How Do They Afford That?
The $100-a-week experiment

There are people in certain situations that can't actually do that.

How Do They Afford That?
The $100-a-week experiment

But yes, when you find ways to earn extra money, it's unlimited.

How Do They Afford That?
The $100-a-week experiment

You know, the sky's the limit.

How Do They Afford That?
The $100-a-week experiment

And we've spoken about doing market research, doing surveys online, decluttering your home, getting rid of unused, unwanted clothes, sporting equipment, furniture, to help come up with some extra money, becoming a delivery partner.

How Do They Afford That?
The $100-a-week experiment

an Uber driver where you can clock on and clock off, you decide the hours that you want to work, you know, looking at your skills that you already have and how can you monetize them.

How Do They Afford That?
The $100-a-week experiment

For example, you might be fantastic with a camera and perhaps you can start photographing events on the weekends, like, you know, looking at all the different things that you can do and obviously the resources and the time and the energy and obviously making it actually worthwhile.

How Do They Afford That?
The $100-a-week experiment

Your time is really important.

How Do They Afford That?
The $100-a-week experiment

But, you know, income has no ceiling here.

How Do They Afford That?
The $100-a-week experiment

So that quite possibly, you know, this idea of $100 per week may not necessarily be about cutting the fat because the fat may have already been cut most likely, but in fact, you know, earning some extra money instead and earning even more than $100 per week.

How Do They Afford That?
The $100-a-week experiment

Sounds like a very abundant statement from you.

How Do They Afford That?
The $100-a-week experiment

Yeah.

How Do They Afford That?
The $100-a-week experiment

It's about reassigning that money or redirecting it to a better purpose that's going to improve your wellbeing and your wellbeing today, but also more so very much into the long run where you look back and go, gosh, I'm glad I did that for myself back then.

How Do They Afford That?
The $100-a-week experiment

Well, the answer to that question really lies in your financial situation.

How Do They Afford That?
The $100-a-week experiment

If you are someone who's got credit card debt or buy now, pay later debt chasing them, that extra $100 per week or per month can go or should go

How Do They Afford That?
The $100-a-week experiment

under the premise, obviously, of general guidance is directly to that debt.

How Do They Afford That?
The $100-a-week experiment

And that is going to, you're going to clear the decks and then allow yourself to then move on to the next financial responsibilities and priorities that are going to improve your financial wellbeing even further.

How Do They Afford That?
The $100-a-week experiment

Look, I'm going to be kind to you.

How Do They Afford That?
The $100-a-week experiment

I can see the motivation of watching that $100 grow.

How Do They Afford That?
The $100-a-week experiment

But, you know, we need to set the obvious.

How Do They Afford That?
The $100-a-week experiment

You shouldn't be investing yet if you're still carrying toxic debt because that toxic debt is a lot more expensive than the money you're going to earn from investing.