Are you struggling to pay your bills because of the economic downturn recently? With recent events escalating, many employees are finding themselves unable to go to work. Companies are encouraging their employees to stay at home and work remotely. Some are even going so far as to close down office buildings completely until a vaccine has been created. But the problem is that for jobs requiring employees to physically be at a certain location, working remotely is not an option.
Many employees are suddenly finding themselves without income. They can’t go to work, and they can’t make money. They’re being forced to stay home while the threat of their property tax, mortgage payments, bills, and expenses are still a concern. The coronavirus isn’t just a threat to the health of many citizens – it’s also threatening the financial safety of families across the globe.
As a result, many people are feeling trapped. They feel like they don’t have any options left. These people can’t go to work because doing so means exposing yourself to a risk of infection. But at the same time, they need money in order to pay their bills. They’re stuck between a rock and a hard place, with difficult decisions they have to make.
If you’re being impacted by the coronavirus and want to learn how to pay your bills when you can’t work, here are a few tips to help you out.
The Current Global Economy Is In A State of Emergency
The world is currently in a state of emergency. The coronavirus is spreading rapidly across multiple countries. Infection rates are rising with every passing day, and so are death numbers. Governments have closed down businesses, shut their borders, and are trying to ride out the storm.
For those that are infected, their main priority is to quarantine themselves and to get better. And for those that aren’t, their main priority should be to survive. That means making sure they have enough supplies to last them a long time. With the news of how fast the coronavirus is spreading, it could take months before it all blows over.
As a result, supermarkets are running empty out of the fear of the coronavirus. People are hoarding supplies to prepare for a possible lockdown, and supplies like surgical masks and sanitizers are being bought out in just days. Every day, news headlines and media publications release the latest news surrounding the coronavirus, and the status the world is currently in.
There’s a sense of uncertainty in the air. People are afraid, and that fear is leading them to make illogical decisions. Instead of giving in to the fear, you should be taking advantage of it.
The Real Uncensored Truth About COVID-19 And Our Future
You see, what most people do not understand is that the coronavirus is like any other pandemic. Throughout human history, we have encountered numerous diseases. Diseases like SARS, Swine Flu, Mad Cow Disease and Influenza – all of which made news headlines and left everybody in a state of panic.
But the reality is despite the existence of all these diseases, the human race continues to live. The economy still exists. And the coronavirus will not be the last virus we will encounter. In the future, we will most likely encounter another global pandemic, similar to the coronavirus or SARS. How we prepare for it, is another story.
Your Mindset Determines Who You Are
Take a look around you. What are 99.9% of people talking about these days? The coronavirus. How many of them are talking about how to make money? Almost none. And the truth is, that’s what they should be talking about. They should be talking about how they will make money. How they can take advantage of the current conditions to make money. Because they still need money to pay their bills. To buy food, water, supplies and keep a roof over their head. These are all things that will cost money. And unless they are able to create money, they are going to suffer during this time of crisis.
What kind of mindset people have determines what they talk about. Poor and middle class talk about the coronavirus, about how many deaths there are and if they’ll be next. Rich people talk about how the coronavirus is impacting the economy, and what they can do about it. I know for a fact that many wealthy and successful people are not worried about the coronavirus. They are cautious, but they are not worried. Worrying about the coronavirus does not solve anything. If anything, it makes the situation worse, because it puts you in a state of panic and fear. Instead, these rich people are delighted about the coronavirus. There are now more opportunities than ever before to make money, and they know it.
How To Exploit COVID-19 To Pay Your Bills
For example, there was a news article recently about a couple that bought out all the Lysol wipes from Costco. Their plan was to buy as many Lysol wipes they could find and then sell them at a higher price on Amazon. They spent about $70,000 on wipes, and in the end, profited over $100,000 after they were sold. They were aware of the fact that sanitary wipes are high in demand, with many stores being sold out. By using Amazon to sell their product around the world, they were able to exploit the current situation as an opportunity to create income.
These are the types of people that have the right mindset. While most people are running around like chickens yelling that the sky is falling, these people are taking action. They have a different mindset. Instead of giving in to fear, they are taking advantage of the situation in order to create opportunities to create wealth. They are exploiting the irrational fear that other people have because they are aware that opportunities like these now exist. If the coronavirus wasn’t a global pandemic, their business plan would not have worked as well.
You may be thinking “But Dan, aren’t they taking advantage of innocent people?” And I would say, that depends on your perspective. You see, the reason why successful people become more successful is that they have a different perspective on life. When they encounter an event or situation, they have a different outlook on what’s going on. What may seem like a disaster to you, may be a great business opportunity for someone else. Unless you can change your perspective and see things from a different light, you will forever stay broke.
If you can’t work but need to pay your bills, you can’t rely on your job to do that. You need to develop a mindset that will allow you to see opportunities. That’s what entrepreneurs do, and that’s what successful people do.
Why Jobs Are Responsible For Millions of People Unable To Pay Their Bills
The reason why most employees suddenly find themselves unable to pay their bills is that they rely on their jobs. Their main source – and in many cases, their only source of income, is from their jobs. But what happens once that job is taken away? All of a sudden, they have no income. And that’s exactly what’s happening to millions of employees. They think that a job will provide them with job security when in reality it is the least financially secure decision they can make. The biggest mistake they are making is putting their houses, their lives, and their families in the hands of a boss or company.
Businesses and companies are being heavily impacted because of coronavirus. Borders are being closed, which means goods and transportation routes become affected. People are staying at home, which means businesses have no customers. All of a sudden, these business owners are finding themselves short of money. What do you think is the first idea that comes to mind? – I need to cut down on my expenses. That means laying off my employees.
Which is exactly what’s happening right now. Millions of employees are being laid off and finding themselves without a job and without income. They’ve placed their entire future in the hands of an employer. And when their employers turn their backs on them, only do they realize the situation that they are in.
If you want to pay your bills, don’t rely on a job. Especially during a time of crisis like right now, relying on a job is the worst thing you can do. Instead, you need to develop a mindset that will allow you to earn money as the rich do.
How To Use Your Mindset To Earn Income In Times of Crisis
Poor people work for money, whereas rich people use their brains to generate it. If you think you can get rich by working for money, you need to realize that money is not the most important asset in the world. The most important asset is time.
You only have a limited amount of time. And every second that is used up, is a second that you will never get back. Time is a finite resource that can never be replenished. It cannot be bought, sold or bargained. You cannot get more of it – ever. However, you can always make more money.
Rich people understand this principle. That’s why instead of trading hours for dollars, they create wealth by using their mindset and their skills. Some people open businesses. Other’s invest their money in stocks and mutual funds. In fact, rich people on average have 7 different income streams that they generate money from. Compared to the poor and middle class, they have nothing to worry about during a time of crisis. They have more than enough money to keep themselves financially secure.
In a situation like now where the coronavirus is making people afraid, use that to your advantage. How can you exploit their fear for your own benefit? Do you have extra food or supplies you can sell at high prices? Can you take advantage of the current situation to make investments, such as in the stock market? Don’t think of it as taking advantage of other people – think of it as using your mind to create opportunities. After all, you still need to pay your bills. If you don’t do it, someone else will.The poor and the middle-class work for money. The rich have money work for them. - Robert Kiyosaki Click To Tweet
Why The Coronavirus Is The Greatest Opportunity For You To Become Wealthy
In a time like this, opportunities are just waiting to occur. With so many businesses going bankrupt because of the coronavirus, the chances of a recession occurring are very, very high. The economy is in a very dangerous state right now – and if things continue the way they are, history will repeat itself.
The last major recession was in 2008. During that time, millions of people were laid off, the stock market crashed, prices of housing plummeted and everyone thought they were going to die. Similar to what’s happening now, they gave in to the fear of the situation, instead of using their mind. They didn’t think of how they could take advantage of the current situation to their own benefit.
Once things settled down, everything went back to normal. The economy stabilized. The stock market rose again. And the price of real estate rose higher than ever before. If you take a look at the history of the economy, there have always been crashes, followed by booms. Those that have the mindset and skills to take advantage of those crashes are the ones who will profit the most when booms occur.
Right now, we are facing the best opportunity for people to generate wealth. The key thing you need to do is endure the hardships that are about to occur. If you’re in business, you need to endure. You need to do whatever you can to make sure your business stays alive. Your competitors are going to go out of business because they won’t be able to endure what’s coming. They will give up and lose hope. And you’ll be the one to take advantage of the situation.
How To Pay Your Bills With High Income Skills
Instead of relying on a job for income, my advice is to develop what I call High Income Skills.
High Income Skills are skills that you can trade for money. You bring value to the marketplace, and are seen as a valuable, in-demand, person because of the results you can create. For example, someone with the High Income Skill of closing is able to close deals and generate revenue for businesses. This person is highly desired because of their ability to bring in more revenue for the company. They are valued because of their skill, which is not something everyone can do.
High Income Skills are defined as the following:
- Generates you $10,000 or more a month
- Pays you based on the value you bring to the marketplace, not the opinion of your boss
- Increases in income as you get better at that skill
High Income Skills are a way for people to earn an income without relying on a job, a boss or a company. Because of how valuable their skills are, businesses from all around the world seek these people out for their expertise.
People who possess High Income Skills don’t have to worry about global pandemics like the coronavirus or the economy collapsing. The ability to make results happen, means they have the freedom to work from anywhere they want in the world. They can set their own schedule and choose who they want to work with. And they are not reliant on any one person for their income. The only person they have to answer to is themselves.
Learn The Secrets To Becoming Your Own Boss Today
If you want to become your own boss, learning a High Income Skill is one of the fastest ways to get there. And in times like this where a global pandemic is running rampant, having a High Income Skill is the best way to generate income and pay your bills.
With the coronavirus affecting countries around the world, relying on a job to pay your bills is a very risky decision. At any time, companies may make the decision to lay off their employees, resulting in them no longer having any income. Those that cannot work remotely are risking their chances of becoming infected or being told their workplace is closed until further notice. The coronavirus is affecting people with jobs the most, because of how they rely on them to make a living.
Compared to people who possess High Income Skills, the coronavirus has little impact. People with High Income Skills typically work from home or from areas they feel comfortable in. They don’t have to go to an office or transit amongst other people, meaning there’s little risk they become infected. There’s no boss that tells them what to do, or rules that they have to follow. They have the peace of mind to know they will never find themselves in a situation where they cannot earn any income. They’ll never receive a pink slip from their boss that says they’re being let go because they are their own boss. They have confidence that they are the ones who are in control of their own financial destiny and won’t be taken by any unforeseen surprises.
If you want to learn more about how to become your own boss and live life on your terms, get my freelancing secrets video training here.