Living by Experience

Living by Experience

Share this post

Living by Experience
Living by Experience
A Better Money Management System: Why You Need Income In Addition To Your Job
Copy link
Facebook
Email
Notes
More

A Better Money Management System: Why You Need Income In Addition To Your Job

Wilko van de Kamp's avatar
Wilko van de Kamp
Jul 15, 2022
∙ Paid

Share this post

Living by Experience
Living by Experience
A Better Money Management System: Why You Need Income In Addition To Your Job
Copy link
Facebook
Email
Notes
More
Share
Saving Expenses Income

Most people are working in a job that provides a suitable income and false sense of safety. Yes, that’s right: suitable income and a false sense of safety. I did not say sustainable. As soon as a JOB disappears the income stops, either right away or within a week or two. Suitable income means that you have enough to pay the bills that you can’t afford without the job. A sustainable income comes in even when you’re sleeping.

A recent survey confirmed 50% of Canadians are within $200 of not being able to their cover bills and debt payments. If an unexpected but required expense of $1000-$2000 would come up tomorrow, would you have the means to pay for it without going into debt or credit cards? If not, maybe it’s time to use a different money management system.

Looking for options?

If you’re looking for options – why not try something new?

For example, in my Millionaire Mindset course, I share my interpretation on what I’ve learned from all my mentors – combined into one powerful program.

Do…

Keep reading with a 7-day free trial

Subscribe to Living by Experience to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Living by Experience
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share

Copy link
Facebook
Email
Notes
More