The first step to working smart is to admit that even though you have a lot to do, you will NOT get it all finished. Realize that "you can't do it all" and don't let that fact frustrate you.

The next step is to decide how to spend your time. Try to set up a "time budget" just like way you budget your money. Time is a very precious commodity. The way we spend our time determines how we earn our money - and how much we can earn.

In mid 50’s, a family could survive on one income. Today, very few can manage on two. And that won’t be enough in another few years.

It’s a shaky future. All of us would be wise to have multiple incomes flowing into our bank accounts.

Prosperous people have always known this. If one income vanishes, they have others to support them. Ordinary people are much more vulnerable. If they lose even one of their incomes, it wipes them out. It could take years to improve this situation and rippling affects can be disastrous.

It won’t be long before people will need a portfolio of income sources – AND from completely different and diversified avenues. If one source dries up, you will barely feel bump. You are sound. You have time to adjust, regroup. You are safe.

Do you have multiple incomes flowing into your bank account at this time? Are they Linear or Residual? And do you know difference?

You have a Linear source if you get paid for every hour you work. You have a Residual source if you work hard once, and it releases a steady flow of income for many years. You are rewarded over and over for that same original effort.

Even doctors and attorneys are not as wealthy as they appear. They don’t earn residual incomes. They can only see a fixed number of people per day and they have to be there every day to generate their single Linear income. They may appear to be wealthy, but they work same hours and days that most of us do. The only difference is their Linear income is higher than ours.