Do you want another income stream to help combat the effects of inflation? Don’t we all? However, everything in life comes with a value proposition.
You can work on your income stream during your family time—meaning it could cause some conflict within the home environment.
Or you could build an income stream on the precious little time you have on the weekend. But, when can you decompress and prepare for the upcoming work week?
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Wow, if only there were additional hours that you could achieve your goal of creating an income stream and still maintain your sanity. Oh, but there is time.
The Magic Hours. I wrote about the magic hours roughly a year ago, so it’s time to revisit the process.
I have continued to work throughout the night. I have over 400+ books on Amazon. I also have 150+ pdfs on my website. I have 70+ books on multiple sites and 700 articles on my blog.
But all this comes at a cost. I’m probably not sleeping enough. I’m sure a fitness expert would look at my lifestyle with disgust.
However, I view this as a season of my life. I will put my head down for the next five years to build something incredible for my family. What would you do for your family?
Why are the magic hours necessary? Working through the middle of the night guarantees your success. There is nothing else to do but grind out on your business.
If you try to get things done after work or on the weekend, you probably won’t complete your tasks. Work is physically, emotionally, and spiritually draining. Your income stream should excite you.
I always have so much energy to create, write, and publish when I wake up. When you find something that you love, you’ll never work a day in your life.
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Getting started. The first thing you’ll need to do is find an income stream that you’ll love. My What Type of Home Business series (Intro, Outside, Online, Content, Consulting) should give you a head start into the process.
I would recommend content creation as the best income stream to begin at night. I say this because it doesn’t involve anyone else.
You can write, make videos, podcasts, draw, sing, and edit photos independent of other people. Things like consulting, gardening, rental car business, etc., all require customers throughout the day.
Another good idea is an online e*commerce site. You can use things like Amazon FBA (fulfilled by Amazon) to do all the shipping for you. This allows you to maintain your site throughout the night.
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Investing. You can also become a bonafide investor through the night. Investing is terrific because you can find some great deals with enough studying.
I recommend becoming an income investor during the magic hours. Passive Index fund investing and dividend growth investing don’t require much upkeep.
Income investing requires you to follow real estate, interest rates, bond markets, international markets, etc. You can read articles for 1-2 hours a night to stay abreast of market conditions.
Another place that requires time is investing in cryptocurrencies. There are so many new coins hitting the market every day that it’s difficult to follow. Also, decentralized finance is moving at the speed of light.
Another good idea is getting into the Foreign Exchange (FOREX) currency markets. Yes, the US market is closed at night; however, the international markets are open. If you are interested in FOREX, spending a couple of hours a night in the markets can open your eyes to the possibilities.
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Health concerns. Yes, working through the night is probably not the healthy way to live. Fitness and finances correlate, so you need to remain as healthy as possible.
I have always been a morning person, and I have never slept through the night, so working throughout the magic hours doesn’t bother me.
However, you may just need to shift your sleep and wake up routine an hour or two. If you can go to bed at 8 pm and wake up at 4 am, that should give you a couple of hours of quiet time.
The idea is to find two hours during the night to get some serious work done. During the day, you can decide how to best use your time at night.
Once you get into this mindset, you’ll start to become truly efficient at working within a short time window. Time is a commodity that we cannot waste.
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Working through the magic hours has shown me how effective use of time can create assets and success beyond your wildest dreams.
Conclusion. Becoming a Passive Income Hero will require sacrifice on your part. Although we do it for our family and their futures, we cannot give up too much time with them.
Something has to give. We have to generate the time from somewhere. The magic hours afford us the ability to achieve greatness without losing family time.
The ultimate goal is to turn our income stream into a full-blown job replacement. This way, we can come out of the darkness and work through the day.
However, this roughly takes five years (10,000 hours) to achieve. Would you work your butt off for five years to create a lifetime of income for you and your family? I would.
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Disclosure: I am not a financial advisor or money manager, and any knowledge is given as guidance and not direct actionable investment advice. I am an Amazon Affiliate. Please research any investment vehicles that are being considered. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article. All Right Reserved Military Family Investing
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