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Facet hustles are more and more part of life, even when you’re simply attempting to outlive.
In 2022, 45% of Individuals mentioned they’d a facet hustle, with a median month-to-month revenue of $483. Whereas which may not seem to be a lot, it’s doable to make use of your facet hustle as the idea for constructing monetary freedom.
On this podcast, we’re going to satisfy somebody who did simply that.
As standard, host Stacy Johnson is joined by monetary journalist Miranda Marquit. Listening in and generally contributing is producer Aaron Freeman.
At this time’s visitor is Tom Brickman, aka The Frugal Homosexual. He offered lipstick, bras and different stuff on eBay, used the cash to purchase rental properties, and retired from his conventional job at age 39. He’s going to inform us how he did it — and the way you should use a facet hustle to spice up your individual future monetary prospects.
Bear in mind, regardless that we generally discuss cash and particular investments on this present, don’t take them as suggestions. Earlier than investing in something or making some other cash strikes, do your individual analysis and make your individual choices.
You’ll be able to watch this episode beneath, or when you’d favor to hear, you are able to do that with the participant on the prime of this text or obtain the episode wherever you get your podcasts:
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Facet hustles can assist you attain your objectives
Whether or not you hope to pay down debt or amass sufficient to achieve monetary independence, a facet hustle is usually a good solution to earn more cash over time.
Tom talks about how he began his facet hustle by promoting lipsticks, purses and bras on eBay. Take heed to the episode to learn the way he used the income from his facet hustle to purchase his first rental property and use actual property to pursue monetary independence.
Within the meantime, listed here are some Cash Talks Information articles that provide perception into facet hustles:
Cash ideas that may assist you attain your objectives
Whereas a facet hustle is usually a good solution to increase your revenue and work towards monetary freedom, you don’t have to make use of a facet hustle. There are many different methods to be good along with your cash and develop your wealth.
Try these further assets that may assist you discover different methods to earn more money, save more cash and retire wealthy.
Meet this week’s visitor, Tom Brickman
Tom Brickman, also called The Frugal Homosexual, is a 40-year-old married canine dad from Dallas. He lately retired from 9-to-5 work to give attention to actual property full-time and run TheFrugalGay.com. Tom offers one-on-one teaching and covers monetary literacy and actual property for constructing wealth.
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Concerning the hosts
Stacy Johnson based Cash Talks Information in 1991. He’s a CPA, and he has additionally earned licenses in shares, commodities, choices principal, mutual funds, life insurance coverage, securities supervisor and actual property.
Miranda Marquit, MBA, is a monetary skilled, author and speaker. She’s been protecting private finance and investing matters for nearly 20 years. When not writing and podcasting, she enjoys journey, studying and the outside.