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How to Build Your Financial Safety Net

A NaturalNews Special Report by Mike Adams
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Table of Contents:
1. Welcome
2. Risky Business
3. State of Bankruptcy
4. Private Sector Money
5. Taking Charge
6. Income Streams
7. Basic Human Drivers
8. Your Magic Combination
9. Giving People What They Want
10. Dating Matters
11. The Five Rules
12. Seven Profitable Solutions
13. Revenue Models That Work
14. The Seventh Method
15. Window of Opportunity
16. Jump to Action
17. The Action Plan
18. Fifteen Resources
19. Effort is Required
20. Feed Your Brain
21. Review and Summary

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Income Streams

When I say "create your own income streams," in no way do I mean you should go out and drop a big wad of cash on some new restaurant, franchise or real estate investment. The first rule of creating income streams in the post-bailout economy is minimize your expenditures!

This is a very important point. With consumer spending down, it will take longer than usual to recoup any initial investments required to get your own business off the ground. That's why I want you to take this seriously: Minimize your expenditures!


• Don't sign any expensive, long-term leases on buildings or equipment.
• Don't spend thousands of dollars up front on anything!
• Don't hire contractors or employees unless you absolutely need them.
• Absolutely do NOT run ads in the Yellow Pages!
• Don't sign big advertising or promotion contracts.
• Don't take on big new debt to launch a business.

In other words, keep your overhead low! The smart way to build your own income stream is to start small and build it up over time, using low-cost marketing strategies that keep your expenditures low and your return on investment high.

And don't go putting up a bunch of money in day trading, options trading or other high-risk investment endeavors. There's a large group of professional investors just waiting to take the money of newbs who desire to buy themselves a very expensive education in the world of day trading, and they'll be happy to take every last dollar you've ever earned. Leave day trading, options trading and other leveraged investment instruments to the pros who can stomach that level of stress.

So what, exactly should you do to create income streams for yourself?

Discover what you really enjoy doing

The first exploration of that involves asking yourself, "What do I do right now?"

What's your day job? What skills do you exercise in that job? Can those skills be easily translated into your own business? Can you contract yourself out to other companies who need your skills? If so, check out online contractor websites such as www.Elance.com (it's like a free market exchange for freelancers). You might be able to sell your services there and start earning an income stream right now, from home, in your spare hours.

The good part about that strategy is that the customers you find are yours to keep. And since many businesses are looking for ways to be more financially flexible, there's a big shift towards outsourcing services rather than keeping in-house employees on the payroll for forty hours a week.

In fact, consider this possibility: Your current employer may very well be open to paying you as a contractor to do the same job you're doing right now! You could be working from home, billing them by the hour instead of punching a clock. (Of course, there's a risk that if you even bring this up, your employer might think you want to quit, and that's probably not good, so judge your own situation carefully before taking any action...)

Doing something different

What if you don't like your current job? I get it, too. I used to work for Pizza Hut in high school. Then I delivered pizza, and later on, I loaded trucks for UPS in college. They all paid the bills, but they weren't my ideal job. The job you're doing right now probably isn't your ideal job, either. So right now might be just the right time to ask yourself:

"What would I rather be doing to earn an income right now?"

Click NEXT to help answer that question...

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