It’s no secret that these are trying times. To think about growing wealth during these times might seem stupid to some people, but we think there’s a lot of logic behind it. Whilst the world is entering into a new normal we feel there is far more time to think about life and how you can lead it, especially during a lockdown. Lockdown gave us the chance to re-evaluate our lives and to think about the many ways we could live it differently. One of the objects that will likely have come up is money. We’re not all going to be lucky enough to live our dream lifestyle because we just don’t have the funds. But what we can do is think about the many ways that we can expand our bank accounts to give us some more leeway with life. It’s too short to not be doing the experiences you want to do. So, keep on reading to see if you’d like to try any of the following ideas.
Long Term Growth
Sometimes you have to think about money in the long run. The chances of you making a ton of money in one go are slim, but the chances of you making a lot of money over many years are far higher. You first have to think about the wealth that you want. If you think about the Fort Knox gold, there will be billions of dollars worth of gold and money stored there belonging to the ultra-rich. It’s unrealistic. But what isn’t is thinking about a property investment to get you a nice retirement fund top up. If you were to buy a house on a mortgage, rent it out to pay that mortgage, you’d then have a sum of money to play with if you sell again when you’ve retired and the mortgage is paid off. You will have to deal with the trials and tribulations of being a landlord, but it will definitely be worth it in the long run.
Easy Money Makers
Sometimes you just want the money then and there, and it’s easy to do so you just won’t be able to do it in the quantities you might want. One nice idea to try would be blogging. It’s a fun hobby to have and it gives you a platform to have a constant source of money from. All you need is a blog name, some hosting, a theme, and you’re away. Fill the categories you create as you go along and reach out to brands you want to connect with. You’ll also find that as your blog grows people will connect with you and offer deals to be paid to post content.
Why not think about a complete lifestyle change. Sometimes we’re not able to live the life we want because the area we live in and the life we live will not allow us to. So why not think about moving abroad. We know this idea only appeals to a certain group of people, and for those, it can be utterly life-changing. Australia seems to be one of the most popular countries to emigrate to.