How would an extra $1000 a month change your life?

Money is the root of all evil in this world. That’s a really big and bold statement. I can’t argue against that at this point in my life. But what I can say is that money, despite all the drawbacks, can do a lot of good in some people’s lives right now. It’s not that we always need a hundred million dollars to feel like our lives are improving. There’s hundreds of millions of people that go through tedious and repetitive problems everyday that could be solved with money. Maybe the person just needs a place to stay and has no money to afford a room share. Or maybe the person has a new job but doesn’t have the money to get to and from the job everyday on the bus. It’s simple problems like this that could do a lot for others if solved with money. And of course big problems like affording an emergency health treatment is just as important.

But all in all, money can help a lot of people in life right now. Most people think of hundreds of thousands of dollars when they think of money solving problems. The truth is money can be useful in even smaller amounts. It could be as basic as an extra grand per month. That could go very far in a lot of people’s live right now. Unless you’re a multimillionaire that doesn’t even notice a thousand dollars entering and leaving their account, chances are you could use that money. And if that is you, then you should spend a little more time trying to get extra money. Because truthfully, an extra thousand dollars a month would change the majority of people’s lives. And you might not realize that you can create that extra income for yourself if you really focus. But you have to be motivated. So how would an extra $1000 a month change your life?

Here’s a short story on how an extra $1000 a month would change my life.

I remember it like it was yesterday. I walked into the office with as much confidence as any nineteen year old trying to seem professional could have. I looked around and it was just an open foyer space. There was no receptionist or directory. I started spinning in circles wondering if I was in the right place. As I sat there like a confused duckling, one person after another walked by staring as they headed down different halls. I looked completely out of place. Then one woman walking through asked me if I needed help finding somewhere. I smiled, and said, “Yes, I’m looking for The Edge Connection.” She pointed to the very first office door on the right. Of course, it was right beside me the whole time. Not to mention the name was sitting right there on wall.

I walked into the room to find what seemed like an actual receptionist this time. I walked up to her with my now broken confidence and said I was there to speak with Terri. The girl engulfed in her phone quickly looked up, analyzed me, and said, “You’re here for Terri?”. I told her yes. She said, “Like Terri, the CEO?” I said yes I’m here to meet with the CEO. She did her little receptionist looking up times and appointments shindig and then told me she’d be right out. I took a seat and opened up my notepad. I looked cool and calm on the outside but I was really pissing my pants on the outside. I started scrambling through my notes trying to remember every little point I Googled the night before about freelancing, and negotiating. I repeated it over and over in my head. “Stand your ground. Anchor your price. Walk away.” I was going into mental overload.

And just as I had the urge to grab my stuff and go hide under my blanket in my dorm, Terri walked up. “Hey, Tim!” she said as she gave me a firm handshake. I greeted her with a smile and did my best not to give her a dead fish handshake. I followed her to the back where we entered her office. We sat down and she started telling me about the project. They were having a big fundraising event coming up that would make or break their financial goals. They had all these great things planned for the event and high-level executives that would be attending. She told me all they needed from me was a simple video that encouraged people to open their wallets and donate money. We started talking about what all that could look like. Then one simple video turned into two seperate videos. Not just two simple videos, but two videos that were essentially the most important part of the event and would play right before people were asked to donate.

I tried to wipe the sweat beading up on my face without being too obvious. I showed her my demo reel of videos I’d done before. And I showed her some concept videos I already started creating for them. She liked it all. I knew it would pay off being a proactive player. She told me she was confident that I would be able to create what they needed. Then like the woman of tact and grace that Terri is she smoothly transitioned into the topic that was giving me major anxiety. I didn’t know how to answer the question. I did all that research before and I didn’t even come up with a price in my head. Granted I didn’t know it was going to be two videos. The videos I had done in the past were for a measly fifty bucks. But I read you should always increase your ask until you reach your ceiling. I didn’t know how much to increase it by so I just thought why not add a zero. “$500,” I said. She smiled and said, “Five hundred for both videos that’s fine.” And then almost without thinking I said, “No. Five hundred dollars each.”.

There was definitely a long, awkward silence. But almost a month later and after the event the $1,000 was in my account. I felt great about completing my now biggest project. But I didn’t know what to do with the extra thousand dollars. I was just a college kid with barely any expenses. So I just put it away and never really thought about it. Almost half a year later when I was starting my business, we needed some startup capital. I put in that thousand dollars without thinking twice. And that thousand dollars did a lot to get us our first expo booth setup and a bunch of other things we needed to launch. I can honestly say that the thousand dollars has since changed my life in a hugely positive way. I still work on and live off that business to this day. But that’s me. I think if I had an extra one thousand dollars given to me every month it would barely if at all change my life in the present. I would just save and invest it all.

But in the long run those investments would likely change my financial life for the better. I’m not the type of person that’s quick to spend money on things. I’m more interested in putting my money to work and getting the most value out of it. The concept of getting an extra thousand dollars a month is surely something I would invest for one specific reason. It’s extra. It’s money that I wasn’t expecting and that technically I didn’t really need. So I would take that extra money and throw it into my investment accounts. I would simply just act like it doesn’t exist. So in a way it would have no immediate change in my life. Everything would go on as normal. But over time I think that’s when I would see the fruits of that labor. The money invested every month compounding and growing over time would surely start to become a sizable lump sum. And that’s when I would start reaping the rewards and see the change in my life.

I’ve learned over the years that money can be impactful in more than just your immediate life. And mostly, I want to thank Terri from the Edge for giving me the opportunity to work with them because it has been the single most valuable thousand bucks I’ve ever earned.

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