Crazy Money! Living off the Smaller of Two Incomes
It’s Crazy Money Day!
Today I’ve got a story that I hope will inspire anyone juggling two incomes. A man saved the money he made at a car dealership while living off the money he made as a comedian. When he started to become famous, the money he was earning in comedy far surpassed the money he earned at the car dealership. So, he decided to bank that money and live off the car’s income. He eventually got hired to host the Tonight Show, and guess what? Jay Leno never touched a dime of that money while he was working in TV…ever! Leno was host of the Tonight Show for 17 years. When he was hired, he did 150 comedy gigs a year, so he never had to touch that money. At the height of his career, he made as much as $30 million a year. I wonder if he realized he was applying a Biblical principle with this two-income strategy.
King Solomon wrote in Ecclesiastes 11:6, “Sow your seed in the morning, and at evening let your hands not be idle, for you do not know which will succeed, whether this or that, or whether both will do equally well.” How could you apply Solomon’s financial strategy to your life? Could a side job pay off debt, go towards a major purchase, or fund your retirement? Jay Leno not only had two sources of income, he learned to live on the smaller one. That’s good stewardship. It’s a strategy that can help you overcome any financial challenge!
Our budget coaching program can put you on the road to financial freedom. Go to crown.org and click on the Get Help Now tab. Our trained coaches are here to serve. If you have a heart of compassion and the desire to help others establish and learn to live on a budget, become a volunteer coach! We need your help to serve the growing demand. Go to crown.org to learn how to get started.