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How can I make $200k a year?

How can I make $200k a year?

The answer is crystal clear: You need to get your money working for you, through investing, if you’re going to make $200,000 in a year. You almost have no other choice if you want to get wealthy. However, if you skip the step before this, you’ll have no cash to invest.

What are the pros and cons of making 200K a year?

The two biggest benefits of making ~200k a year (in a lower cost area where it’s actually a lot of money) are: not having to worry about expenses and being able to help friends and family when they need a hand. There’s no greater satisfaction than being able to help others in a meaningful way.

What is it like to make a lot of money?

Making that much money is great. It gives me a lot of freedom, but the key is living the same as when I was making less. It’s really easy to adjust to the extra money and increase expenditures to match (ie, a bigger house, nicer cars, etc). The technical term for this phenomena is the “hedonic treadmill.”

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How can I make $200k a year working at McDonald’s?

Unless you own the joint, working at McDonald’s won’t make you $200k in a calendar year. You got no shot! It’s important you set goals, like starting your own business, that give you a chance to bring in profits that a 9 to 5 job doesn’t.

Is it possible to make six-figures two times over?

Be prepared, we’re getting complicated right off the bat: If it’s not your goal to make six-figures two times over then it’s not going to be your reality when the year is over. Facts! Don’t only set the goal to make this kind of money, but commit to it.

How can I make 100 hours a week to make money?

You should have already started your business or picked up a second job or started working 100 hours a week at your current job if you want this bad enough. That’s the only way to get it done—seriously. Every extra hour you work is more money entering your world, and gives you more opportunities to turn that initial money into bigger profits.