Just the other day I was too sick to go into work. On my sick day my brain started to think about how financially secure I truly was. After evaluating all my monthly expenses against my savings and assets, I realized that I was not financially secure. If I was to be let go from my current job and unable to receive unemployment I would only e ale to survive for about 4 months.

   This post is just here to help you the reader re evaluate your current financial situation. Think about if you were forced to go on short term disability or your job closes down how would that affect your financial situation. I'm not here to tell you how to manage your money or anything, I am just asking do you really know where your money is going. The average American does not have a written monthly budget, and just like a goal statement if it's not written out then it is not binding. If you plan out everything accordingly then you get to allocate funds correctly and cut any unnecessary expenditures. 

   Other than learning how to budget your money, you must learn how to make your money work for you. There are different ways to make your money work for you such as stocks, mutual funds, real estate any many more options. To have my money work for me I personally have some money in mutual funds, some in stock and working on residual income from my books. For those of you that are not familiar with residual income, it is income that continues to pay out throughout your lifetime. Royalties for songs and payment on book rights are two simple forms of residual income. Without having our income work for us then we rely on our jobs as our only source of income. So if anything were to happen to our work we would essentially become financially insecure.

                                                                                                 Thanks for reading,

                                                                                                                 Josh