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3 Methods to Building WEALTH 💰

I personally practice all three methods of earning money and building wealth. Different methods may align more during different seasons of life. Take what resonates and leave the rest.

Let’s go over the types of income, the pros & cons, and the simple methods of earning money. 💗

Questions about anything? Let me know in the comments below. 💬

Disclaimer: I am not a financial advisor, I am just someone that loves learning about money and sharing what I learn. Do your own research and make your own decisions.

3 Methods for Earning Money:


Trading your time directly for money.

  • Examples: Typical 9-5 jobs. 1-on-1 Consulting or coaching. Freelancing / gig work. 

  • Pros: Quick way to upgrade your skills, knowledge, and earn some cash. You’re out in the field working in the daily grind of it all. You are up to date with what’s happening because you are in it. 

  • Cons: Income is limited by the amount of time and energy you have available. You only have so much time in your day.

  • Invitation: Upgrade your competitive advantage so you can raise your rates. Position yourself to get promoted or to get a better job.


Investments that earn money.

  • Examples: Real estate. Stocks. Bonds. Index funds. Mutual Funds.

  • Pros: Tried and true way of slowly growing your wealth at a consistent rate over time. Minimal attention needed from you.

  • Cons: Income is capped by your investment amount. To earn more money, you need to invest more money or cash-out.

  • Invitation: Consider your long-term investing goals. Look for investments that provide the greatest return rate for your acceptable risk tolerance. Ask yourself: How much money do I have to invest? How much am I willing to risk for the potential income? How much time and effort do I want to put into it? What are my options?


Something you create a single time and then sell an unlimited amount. Click here for ideas: [100 VERY low cost creative assets].

  • Examples: Intellectual property. Physical or digital products. Programs like: newsletters, exclusive content, courses, subscriptions, memberships.

  • Pros: You can sell an unlimited amount. You can pretty much outsource every step if you want to… the design, manufacturing, distribution, marketing, etc…

  • Cons: Big up-front investment of your time, energy, and even money. Click here for ideas: [100 VERY low cost creative assets]. You will likely not earn money right away. Without direction and discipline, you may make unnecessary mistakes and delay your payout. Doing this requires the ability to see the bigger picture and break it down into smaller actionable steps. This is the main reason why people pay mentors for specific advice.

  • Invitation: Ask yourself: What are my current jobs, hobbies, interests, and passions? How can I take the knowledge, skills, and “hacks” I have acquired and package it up into some kind of offer that adds value to the world? To help you conceptualize your offer, think about different intentions: to educate, to entertain, to inspire, to be visually appealing, to facilitate or energize a monotonous daily activity, etc…

Example Scenario 1

Kasha is a newly licensed real estate agent in the booming Los Angeles, California.

Real estate agents get paid a commission of the home sale amount. This is active income. If she wants to earn more money she can either sell pricier homes OR just sell a higher quantity of homes. If she stops working for whatever reason, she doesn’t earn any more money.

She wants passive income, so logically she thinks about purchasing an investment property. Once she buys the property, she can rent it out and earn an average amount every year. There is a limit to her earnings that is set by the current economy and supply & demand for her property.

Kasha wants to create more sources of income, but she doesn’t want to buy another property at the moment. Based on her experience and knowledge, she decides to write an e-book detailing a step-by-step guide on how to find good investment properties in Los Angeles. It takes her several months to create this e-book. There are also some up front costs like software fees, legal fees, and more. After going through the whole process, she finally has a finished e-book listed on her online shop ready to be purchased by anyone. 

Kasha does not sell a lot of copies at first. She decided to invest in more marketing and now she is consistently reaching eager customers that want her e-book.

Today, Kasha still works as a real estate agent and likes investing in real estate. The only difference is that she has peace of mind knowing she is selling e-books while she sleeps. 

If she ever wants to switch careers, retire, take time off work, or anything else, she can focus on creating assets that can replace her current income completely.

Example Scenario 2

Joe is in graduate school and also works at a restaurant part-time.

This is active income coming in from his restaurant job. His additional time spent in school should add more value to his degree and help him get a higher paying job when he graduates. He likes this option for himself.

Joe has a tight student budget and doesn’t have time or money to start a business or create any type of valuable offer. He needs something completely passive and stable. He also needs to be able to cash-out his money at any time to pay for school or other large expenses. 

After doing more research, he decides he will invest 10% of his active income into a Vanguard Index Fund every month. He automatically reinvests the dividends and interest earned to let the money compound while he studies. 

If you learned anything from this post, share it with a friend, check out my other resources✨

If you want to work with me, I invite you to apply for the 6 Sessions bundle. We’ll be able to get to know each other, discuss any areas for improvement, and create a plan that works for you ❤️ can’t wait to meet you! 



*DISCLAIMER: (1) Links included in this description may be affiliate links. This means that I may earn a small commission for purchases made using these links (at no additional cost to you). All products that I share are products I use, love, and highly recommend. (2) The information presented in this content is for informational and educational purposes only and should not be construed as professional medical advice. I am not a licensed physician or healthcare provider. Always consult with your doctor or a qualified healthcare professional before undertaking any new treatment, consuming any supplements, or making any changes to your diet or lifestyle. You are responsible for your own health decisions and by reading this blog post you agree to hold the creator harmless from any consequences arising from acting on the information provided.

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