Money Retention vs. Money Multiplication

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Hey — It’s Temidayo.

I’m happy about this week because I’m making significant progress with my new client at work.

Work is going smoothly, and I’ve realized that with this client, I have the opportunity to increase my income.

This goes beyond just me concentrating on cost-cutting and saving money somewhere.

That’s why today, I’ll share with you how top freelancers multiply the money coming in for them.

Let’s get into it. 👇

✱ – Money Retention vs. Money Multiplication

Nothing is as smart as having good money management habits.

Like, you can save money, spend less, and having emergency fund available at any time…

See you, see common sense!

But here’s the thing that nobody and no money guru might tell you out there:

No amount of savings or cost-cutting is going to make you wealthy like straight-up multiplying your income can.

And I’m not even talking about doing those ponzi or investment stuff you see online.

I’m talking about actively taking steps to increase your earning power and streams of income.

Think about it with some simple math:

Let’s say you earn $5,000 per month as a freelancer. If you saved 30% of it each month, you’d save $1,500 monthly, which gives you $18,000 at the end of the year.

Not bad!

But what if you instead focused that same energy on multiplying your income?

Maybe through raising your rates, landing higher-paying clients, or upselling a complementary service?

Even just a 30% savings would give you an extra $18,000 for the year.

That is pure $36,000!

You see the big difference?

Cutting expenses and saving money only goes so far. But rapidly increasing what you earn makes your money go farther.

That’s why the most successful freelancers obsess over things like:

  • Improving their sales/marketing skills

  • Offering more premium, high-value services

  • Optimizing their pricing and business models

They understand that real wealth is created by finding smarter ways to multiply their income, not just hoarding what they’ve already made.

So by all means, have a monthly budget and savings goals. But always find ways to scale your earning power.

Focus more on the multiplication side of the equation, and let your future bank account thank you later.


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