| When you're starving, it's too late to go hunting
Copyright © Peter Fitzgerald
http://www.PlugInProfitSite.com/main-25827
When you're starving, it's too late to go hunting. Thought-provoking? You may think so. You may also feel that it has something to make us reflect on. Here's another one from Mark Twain, who wrote: “A banker is a man who lends you an umbrella when the sun is shining, and wants it right back when it starts to rain.” Well, there's a lot of wisdom in those sentiments, but…
Will you do anything with that wisdom besides acknowledge it? Will you consider it carefully and adapt it to your own life and that of your family or future family, for that matter?
Thank God that we no longer have to go hunting for food. Very few people in the industrialized world run the risk of being hungry due to a lack of food.
There are other risks, though. Something we all have in common is that we run the risk of losing our income for one reason or another, and that's why we should be concerned with how long it could take to replace a lost income.
In other words, how long might it take to refill the refrigerator / freezer or get the mortgage payments back on schedule?
A second income ensures safety.
And a primary income cannot! Generally, hard-working people haven't enough money saved to be able to cope with the loss of a primary income, for even a short time, without going into debt in order to provide basic necessities that families and individuals require. If you wait until you lose your primary income before you make plans for survival, you could be in for a very nasty shock.
Is it worth considering what you can do today to ensure that you are ready for tomorrow's pitfalls? Having an additional income could mean the difference between your family receiving a frightening experience or continuing to live a comfortable life.
That's what the Plug-In-Profit-Site is all about. It’s where you can learn about and evaluate ideas and concepts that are designed to help you to establish an investment income in addition to your primary income. A secondary income insures against the challenges of losing our primary income, and helps us to weather life's storms with less pain and disruption. In addition, a second income not only ensures safety, but it is also likely to lead to wealth.
First, you should have a primary income.
You will certainly need to have a primary income in place before you contemplate a secondary one, and you shouldn't even consider spending time on your second income until you have. That would be an unnecessary distraction and would hold you back. If you haven't put your primary income in place, you should focus all of your energy on doing so.
If you have your primary income in place already, don't make the mistake of stopping there! Start pumping up the reserves! Start working towards creating the additional income; start getting the security that only a solid secondary income can provide.
The sort of secondary income that Plug-In-Profit-Site provides can only keep increasing. When it becomes twice the size of your primary income, you’re presented with other options which I will leave to your imagination, as the options need no description from me.
Why is it so important to have a secondary income?
There was a time when many citizens of the free world could rely on one job with one company for life, with all the security that goes with it. Things have changed. Statistics show that people graduating today will work for fourteen different employers in six different industries over the course of their careers.
Well, there's a thought! Here's another one: Would it be unreasonable to assume that those transitions would go smoothly? You bet it would! Such transitions are likely to cause problems, if not disasters, almost every time.
When you accept that life is going to present you with some serious challenges that only an extra income can address, and you make the effort to create that extra online business income, you position yourself to benefit in more ways than you might expect.
Why? Because secondary income is different from primary income.
For most people, primary income is generally pretty tight. Primary income pays for essentials: food, clothing, repairs, transportation, vacations, etc. If you have enough primary income to cover emergencies and unexpected expenses, you're doing well. If you have enough primary income to do all that and save for college and retirement, you're doing very well indeed.
On the other hand, secondary income is discretionary income. It gives you options. With secondary income, you can accumulate money which will protect your primary income from unexpected expenses, and also earn interest as it waits to provide that protection. If your primary income is insufficient, your secondary income can be used for outgoings such as college bills and/or retirement.
And there is this to consider...
If you have no money when an investment opportunity comes along, you can lose out, big-time. Secondary income can position you to take advantage of investment opportunities that come your way. Having enough income from an online business to be able to invest in other income-producing assets can be the beginning of a substantial investment portfolio that grows larger all the time.
So, while primary income is vital, secondary income can provide and enhance protection for your lifestyle, and provide the flexibility necessary to create long-term financial security.
Which is more important?
While primary income is more urgent, both primary income and secondary income are equally important to a safe, secure, and intelligent financial future.
I frequently refer to 'online income', because that’s what I concentrate on, but all the above applies to any secondary income source, be it property or equity investment, currency trading, etc., etc.; fields, I might add, that are best avoided until you've made lots of money, because of the high investment requirement. Online business, on the other hand, requires minimum start-up expenses.
The one proviso I’ll add is: If you are working full-time, keep your secondary activity to a few hours per week until the income from it eclipses your primary income. Oh, yes! With consistency on your part, it will!
To learn more about using Plug-In-Profit-Site as a vehicle to achieve your secondary income goals and objectives, click on the link below.
To your success,
Peter Fitzgerald.
Make Money Now
http://www.PlugInProfitSite.com/main-25827
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