Ms. CEO's organization has a number of departments . One of them is the new business department. My current business is essentially the day job I am in. It serves me quite well, pay my bills, give my parents an allowance, feed me, and let me have occasional luxury, some savings -- but no house and no car though. So, you must be wondering why I spend more time and effort having new businesses (or additional income streams), How much side income is needed? I want the side income to be able to cover my current expenditures. I predict that I would need $4800 per month of side income, based on current expenditues. As a side note, I will really suggest that all of you do an estimate of how much you need each month too. I was quite shocked when I see the figures, as I thought I didn't live an extravagant life. Well, the main expense would be the ILP that I bought. Luckily the premiums for one of them is due next May (though I get the value after another 5 years), and
You can be a CEO just like me! I am the CEO --- of my life. Trying to make the best out of it, by minding my own life, and steering it as best as I can. Being the CEO of my life, the key departments I focus on are health, personal finance, family, current and new businesses, as well as personal development. This blog journals my CEO life.