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Facet hustles are more and more part of life, even for those who’re simply attempting to outlive.
In 2022, 45% of Americans said they had a side hustle, with a mean month-to-month earnings of $483. Whereas which may not seem to be a lot, it’s doable to make use of your aspect hustle as the premise for constructing monetary freedom.
On this podcast, we’re going to fulfill somebody who did simply that.
As typical, host Stacy Johnson is joined by monetary journalist Miranda Marquit. Listening in and generally contributing is producer Aaron Freeman.
In the present day’s visitor is Tom Brickman, aka The Frugal Gay. He bought 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 aspect hustle to spice up your individual future monetary prospects.
Keep in mind, regardless that we generally speak about 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 selections.
You may watch this episode under, or for those who’d want to hear, you are able to do that with the participant on the high of this text or obtain the episode wherever you get your podcasts:
Don’t neglect to check out our podcast page for extra episodes designed that will help you benefit from your cash and our YouTube page for extra movies.
Additionally, don’t neglect to take a look at our podcast sponsor, Tellus for the chance to super-charge your financial savings with an account backed by actual property. Use the code MONEYTALK and get 6.00% APY for seven days with a $125 minimal deposit.
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 aspect hustle generally is a good strategy to earn extra money over time.
Tom talks about how he began his aspect hustle by promoting lipsticks, purses and bras on eBay. Take heed to the episode to learn how he used the earnings from his aspect hustle to purchase his first rental property and use actual property to pursue monetary independence.
Within the meantime, listed below are some Cash Talks Information articles that provide perception into aspect hustles:
Cash suggestions that may provide help to attain your objectives
Whereas a aspect hustle generally is a good strategy to enhance your earnings and work towards monetary freedom, you don’t have to make use of a aspect hustle. There are many different methods to be good along with your cash and develop your wealth.
Take a look at these extra assets that may provide help to discover different methods to make more cash, save extra money 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 just lately retired from 9-to-5 work to deal with actual property full-time and run TheFrugalGay.com. Tom gives 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 overlaying private finance and investing matters for nearly 20 years. When not writing and podcasting, she enjoys journey, studying and the outside.
