How to Boost Your Income above your Financial Goals


Tuesday, August 03, 2021 / 02:00PM / Grace Agada  / Header Image Credit: Stock Basket


Almost everyone in life started out their career with an income that is enough to cater to their bills. Over time they amass so many bills that their bills overtook their income. From this point forward only 15% of working professionals can reverse the equation. Amongst this 15%, only 4% reach the point where their income becomes not only bigger than their bills but also bigger than their financial goals.


Moving your income above your bills and being able to maintain financial stability without salary is the first level of financial success you must achieve. This success is called financial independence. However, lifting your income above not just your bills but over your current and future financial needs is the highest level of financial success, which is known as financial freedom.


This means that financial independence is all about achieving today's success and comfort while financial freedom ensures that you maintain that level of success throughout life. Unfortunately, only a few people will ever earn income at this level or invest the income earned for financial freedom. Yet to achieve financial success, you must raise your income above your financial goals, and you must take care of your needs today as well as your security tomorrow.


So how do you achieve financial freedom or make your income bigger than your goals? 

The answer is simple. But first, I must show you the price that you must pay. Every Prize has a price and so is your next level success.


There are three prices people pay and three prices to choose from.

1.      The price of growth and discipline - For you to move from your current level to the next level you need growth in skills and the discipline to take action. This price has a worthy purpose, and it is a price that you should pay. This is also the cheapest price you would ever pay for success.

2.     The price of procrastination - This is where you delay in taking action until you have only a little time left. To achieve the same goal, you must then take extreme action that results in deeper pain. Also, chances are high that you may not achieve all that you set out to achieve.

3.     The price of regret - This is where you delay taking action until you run out of time and can no longer avert the consequence.  The only thing left when you enter this stage is to endure the consequences of your inaction. And the regret price is the most painful price to pay.

So now that you know the price there is to pay let's look at how you can boost your income.


To boost your income above your financial goals, here are two things you should consider doing. The first is to know the source of income and focus on earning from the Source, while the second is to develop the tools that produce high income.


Below let's look at each of them in detail:


Your Income Source - Your Skills

All Income comes from one source and that source is skills.  Skills are the source of all income and without skills, you cannot earn income. Today you earn income because you apply certain skills as an employee to solve problems for your employer. This means that if you focus on developing high-income skills, you will grow your income with speed, and accelerate your investing effort.


Focusing on investing first is a slow way to grow income because active income is still the most potent income in the world, and only a strong active income can produce strong passive income. Thus, to grow your income fast you must first focus on developing high-income skills.  However, having skills alone will not produce the desired income. To boost your income above your goals, you need three other components.

1.      Time

2.     Relationships and

3.     Income earning platforms.

Skills without the time to apply them will generate no income. Skills with time but without relationships will produce no income. And the skill with time and relationships but without a platform to earn income will still lead to no income. Thus, the best way to truly earn an income is to have skills, time, relationships, and platforms working for you. The good news is your job has all four components. First, you have the skills to help your employer make money, that's why you were employed. Next, you also invest your time to offer this skill, and then you offer this skill within an income-generating relationship, and then you earn income through a job platform.

Now if you have skills, time, relationship, and a job platform why are you not yet earning the income of your dreams? The answer is simple, and it leads to the second point.

Tools that Produce High Income

They are four tools that produce high income and these include skills, time, relationship, and platform. Yet these four tools combine to produce three different types of income. The first is the low-income, the second is middle-income and the third is the high-income.

Low income is any income that is lower than your bills. If your bills are ahead of your income, you earn a low income regardless of how much you earn. Low income is produced by low-income skills. Examples of low-income skills include theory-based skills (Fresh graduates), routine-based skills that can be done by anyone or machine, and skills that have no direct relationship to the company's bottom line. This means that a low income is produced when you combine low-income skills that require plenty of time and focused on serving one employer through a single job platform.

The second is middle-income skills. Middle-income skill is any skill that can earn income that is above bills. That is earned income is enough to pay bills and also create a financial safety net. Thus, people with middle incomes are able to maintain financial stability for months without a salary. Examples of middle-income skills include low-income skills that have been refined overtime and through many years of experience or some job based specialized skills. This means that most middle-income earners have many years of experience. Yet middle-income skills are still job-based skills. Out there in society and all by yourself, you may not be able to use these skills to earn income at the same level. Also, most middle-income earners serve one employer at a time and leverage one job platform. This means that their income is still limited. To earn middle income, you must be ready to invest years behind your income.

The Third is High-Income skills. High-income skills are skills that can produce income that is above your present and future financial goals. High income skills can produce income within a short time and can buy you financial freedom. To earn high income, you need high income skills. Examples of high-income skills include creativity and innovation, productivity and time management, rich relationship building, and influential marketing.

All high-income skills are evergreen skills. This means that you can apply them in any industry on any platform and at any stage in your life. High income skills also require less time to generate income and there are the most profitable skills to have. If you want to lift your income above your life goals, you must invest in developing high income skills. If you need help developing high income skills send an email to 


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Previous Articles by Grace Agada

1.      How to Achieve Financial Independence on Your Terms

2.      How to Attain Wealth and Transition from the Middle Class to the Upper Class

3.      How to Shift your livelihood from Active to Passive Income

4.      How to Make Your Life Work as Planned This Year?

5.      Three Skills to Cultivate to attain Financial Independence

6.      How to Move From One Income To Many

7.      How to Invest for Wealth and Financial Success

8.     Building Solid Income Security from Uncertain Income

9.      Thoughts on How to Build Solid Wealth


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