This piece is part of my 2016–2026 archive migration. Some original formatting, content, and external links may be missing, changed, or not be optimized.
The sooner you increase your income, the more money you make over your lifetime
Many people will hold out on asking for a raise, starting a business, getting a part-time gig, or seeking a higher-paying job because they’re waiting on some idyllic moment that never arrives.
I increase my income every year. Not because of greed, but because I want to be able to give more, do more, and break financial barriers.
If your income has remained relatively the same for the past several years, that means you’re not growing professionally and financially, which means you are stagnant.
To earn more, you must be more.
To do more, you must earn more.
To give more, you must earn more.
The goal of earning more should never be to consume more, leading to emptiness and temporary income increases.
Focus on serving others more, and you will notice a powerful shift in your earnings.
The Number #1 Reason We Maintain The Same Income
Fear is the number one reason people accept the same pay year in and year out. They are afraid of rejection, failure, and often success.
A person can decrease their expenses to zero but increasing their income potential has no limit.
Barriers were meant to be broken, and you are meant to break barriers.
If you don’t know how to increase your income, there are twenty different ways listed below that can help spark more ideas for you to shift your income to higher levels.
There is no better time to increase your income than right now.
20 Ways To Increase Your Income
Seek out a higher-paying job.
Negotiate a higher salary.
Get a second full-time job.
Get a part-time job.
Start a business.
Rent out additional space in your home on Airbnb.
Downsize your housing costs.
Get rid of your car note.
Write 10 short books on areas of expertise.
Stop eating out.
Take a break from travel for a temporary stint.
Delay having kids.
Create a partnership with someone else and leverage their skills.
Create five courses on your top areas of expertise.
Decrease your monthly expenses (i.e., subscriptions, recreational activities, grocery shopping, utility bills, education, shopping, etc.).
Provide 1:1 or group coaching in your top five areas of expertise.
Learn investing or trading.
Rent out items you own (i.e., car, boat, trailer, motorcycle, house, etc.).
Hold garage sales monthly to sell your stuff and stuff your friends and family no longer want.
Create a product (digital or physical) that you can sell in marketplaces.
Allow your animals to be utilized as therapy pets.
This content is for informational purposes only — not professional advice. Consult a qualified professional before making any major decisions.