Making More Money
(Supercharging the Process)
Just like you can’t become financially independent without good savings habits (See the Save Money Section). Making more money is a critical component in accelerating your progress to Financial Independence and Retiring Early. Thats because at some point you can only squeeze so many pennies out of your budget and it’s more effective to go make more money than it is to squeeze an an extra $0.49 out of your monthly grocery budget.
You also have more control over how much you make than you do over what a store will charge you for milk on any given week.
The 3 Primary methods of making more money are:
Improving your day job (9-5)
Starting a side hustle or small buisness
Investing the money you’ve already saved. (Covered in the Investing Section)
So lets dive in!
One of the best ways to accelerate your path to early retirement is to find a side hustle you love and make some extra money to improve your savings rate. Here are the top 10 side hustles that have a low startup cost, give you the best schedule flexibility, and could scale into a full time business if/ when your ready to quit your regular 9-5 job
1 - Freelance Writer/ Editor
2 - Video or photo editing
3 - Real Estate Photography
4 - Graphic Design
5 - Handyman / Contractor
6 - Mowing Yards & Landscaping
7 - Resell Stuff on ebay
8 - Start a blog or website
9 - Sell stuff on Etsy
10 - Make video reviews of products
With X Monetizing via Ads Revenue Sharing, I know many of you are looking to make a little extra money doing something you enjoy doing.
What would I do if I woke up in the morning with $0 in my name?
Unfortunately the reality for many people who have had a bit of bad luck.
This is my step by step guide for how I’d quickly get back on my feet and making good money again!
Wondering “how much longer is before I can retire?” or “how much you I need to save for retirement?”.
This Retirement Calculator will answer both those questions! Plug in your numbers and it gives you an answer how does it work?
First what the heck is FU money? You’ve heard the term thrown around. Well it’s exactly what it sounds like. Pardon my French here, but the F stands for Fuck and the U stands for You!
So FU Money = Fuck You Money
Basically, FU Money is when you have enough money to not be bound to a toxic work environment or a boss you hate. You have the power to walk away relatively stress free, or if the company unexpectedly laid you off you’d be just fine. In other words, you don’t need that paycheck. At least not for a while.
I Moved across the country: I’d rather leave my house empty than rent it out for $2,600/Month! I must be Crazy Right? Well… maybe not.
Today we are doing an interview to get to know the man behind The Pursuit of Enough who is a realtor in Northern Virginia, writes on real-estate, investing, and deeper topics on investments and the “Pursuit of Enough” concept. The real question is what is that “Enough Point” that makes you feel comfortable and fulfilled without having to be a wage slave for the rest of your life.
Charlie Munger turns 99 January 1st 2023 here are 99 quotes with lessons and take aways. Lets see what lessons we can take away from this increasable Investor!
What makes some people able to make large life-changing decisions in a snap and others agonize over every little detail. I discovered that myself and my friends fall into two very different camps when it comes to making big decisions.
An Honest Look at Fret Out for Freelancing?
Who is Cutout For Freelancing?
Dipping Your Toes In vs. Diving Right In
Freelancing Platforms vs. Going Solo