Those of you who follow me over at Frugal Rules know I’m in the middle of our three week vacation to San Diego.
Seeing as you’re reading this on a blog it’s safe to say that you’re somewhat comfortable with technology. This isn’t to say that you should avoid digital methods to get new work, meet new clients or to network.
So, the moral of the story today is to think outside the box and implement a personal approach and you’ll likely be surprised at how that can help you make money. BufferIf you enjoyed this post, please consider leaving a comment or subscribing to the RSS feed. I’ve definitely found mixed results meeting work contacts in real life for the first time. Therefore, while I definitely try to follow up with my contacts ASAP digitally, I’m none too eager to really push face-to-face meetings. The other day I was at a friend dinner we starting discussing the idea of making more money than our parents. Later on it got me thinking about my generation (millennial!) and whether most of us make more money than our parents. For those of you who don’t (yet) make more money than your parents… Is that your goal? I'm a Millennial business owner figuring out money and personal finance as I navigate life and business. This blog is about saving, budgeting, and earning extra income. Get the free worksheets to help you add up your expenses, and determine your yearly income target and how to get there! Your expenses now might be pretty low, but what if you want to make some changes that will raise your personal expenses? Your business is probably online, so you likely don’t have as much overhead as you would have 20 years ago.
Something I’ve noticed over the past few years is that as your business grows, your expenses go up.
Add up your personal and business expenses, then multiply by 12 to determine your yearly income target. You can obviously break that down in whatever way makes the most sense for you, and for the life you want. What can you tweak as far as pricing, or adding services to help you arrive at the numbers you need? 6 Comments - Filed Under: Business Tagged With: business growth, pricing - DisclaimerLike this post? I work with designers to make beautiful websites, streamline their processes, and deal with tricky clients.


When I'm not helping you create a business you love, I'm probably drinking coffee, hiking, or binging on Netflix. Sign up below to get FREE monthly challenges, weekly emails, and join the Facebook community! Learn how to create your own intro packet to cut down the time you spend screening clients and answering questions. In fact, I’m writing this prior to the trip while looking forward to the stories I’ll be able to share from driving nearly 3,500 miles, roundtrip, with our six, four and two year old children. Since today is the day after Labor Day I wanted to keep things a little on the light side and share this short little infographic I found over at Visual.ly. I'm passionate about helping people learn from my mistakes so that they can enjoy the freedom that comes from living frugally. But it definitely takes my clients a moment to realize that I, a twenty-something petite woman, am fueling the strategy on what could be a multi-million dollar project. I am a people person and love people, and it is amazing what networking and people skills can do for your business whether you work for a company or work for yourself. Your connections and your reputation will take you further than anything else, in my opinion. I was curious if my friends made more money than their parents and if they would ever tell them as much. One friend makes more than both parents, two friends make more than one parent, and two friends don’t make as much as their parents. You need to think about what YOU legitimately need to make, not some random number someone else told you should be your goal. This includes bills and expenses you must pay to survive, as well as things that are nice to have. Maybe you’re planning on having kids, moving to a bigger house, or traveling the world. Business expenses include things like web hosting, legal fees, taxes, and all those fonts you keep buying for no reason other than they’re amazing. This option gives you recurring revenue, and you only have to make the sale to each person once. The infographic is loosely based around how you make money, especially in today’s digital age. It’s thrown off more than one of my clients, and frankly, a few have initially refused to talk with me directly, thinking of me as an assistant rather than an analyst.
We are all in our late twenties so it’s actually interesting that some of us have already surpassed the earning power of our parents who have been working decades longer than us.
Luckily for you, I have no filter and don’t understand social norms, so I talk about money all the time, in really honest ways.


You would still need to knock out 20 websites in a year, which is pretty ambitious, but not impossible. You have to see where the money needs to come in, so you know what and how much you need to be selling. We could go weeks, if not months, without physically seeing a client and still be making money like usual.
If you're wanting to learn how to monetize your blog, check out my blog coaching services to see how I can help you take your site to the next level. This was a comfortable place for me because I knew if I could make more than my mom who supported multiple kids on that income, I’d be fine. I know growing up and when I started in teh working world it was always my goal to make more money than my parents. Especially if you’re on the cusp of hiring someone or investing in a fancy training program, locking down a budget for that will ensure you have a clear picture of how much you need to be making.
I’ve been trying to figure out how much I would need to make that will allow us to maintain and better our living, while still allowing me time for my children. I know we’re not the only ones as there are millions of freelancers, solopreneurs and small business owners in the U.S. However, what I’ve found in my time being a business owner is that it’s the personal connection that often wins the business.
It is not enough to just network and get to know people, at some point, you do have to ask for help or business. We try our best to provide up to date information, but it could differ from actual numbers.
That connection can happen digitally, but is taken to another level when done on the personal level.
Diversification is going to work in affiliate marketing, investing in the stock market and yes even in trying to make money and earning new client work.
Per FTC guidelines, Sprout Wealth may be compensated by third party companies that are mentioned either through advertising, reviews, affiliate programs, or otherwise. All reviews and articles of our personal opinion and no compensation will sway our opinion. In fact, that’s all they ever wanted was for their children to NOT to follow in their footsteps and to achieve a better lifestyle.



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