How To Start An Etsy Shop To Build Passive Income

How To Start An Etsy Shop To Build Passive Income

On the path to Financial Independence, you might find that you can only cut so much. Therefore, it is only natural to search for a side hustle to boost your income and savings rate. In general, I am a big fan of finding side hustles that have a low barrier to entry but can pay big dividends if you put the time in. In particular, starting an Etsy shop selling … Read more

11 Things To Do When Starting A Business

11 Things To Do When Starting A Business

Starting your own business, either full time or as a side hustle can be a great way to take control of your income. Not only can it help you reach FI faster,  but you can pare down a full-time business once you reach you reach FI if you want. A side hustle can decrease the amount of income your investments need to provide. Allowing you to “FIRE” sooner. But setting … Read more

How Estimated Quarterly Taxes Work

How Estimated Quarterly Taxes Work

If you’re taking on a side hustle or you’ve launched your own business in your post-retirement life, you may have little experience in handling your own estimated taxes. While almost everyone is required to file a tax return by April 15th, the self-employed will have some regular tax bills throughout the year. The basic rule of thumb is that if you think you will owe more than $1,000 in taxes … Read more

Parenting On FIRE: How Financial Independence Has Changed My Family

Parenting On FIRE How Financial Independence Has Changed My Family

My perspective on parenting changed due to my pursuit of FI. My dreams for my children are vastly different today because of my own journey towards financial independence. Their futures will look different now that FI is a part of our everyday life. I could never have imagined the depths of FI’s impact. So, how exactly have their lives changed due to this FI journey? Outside of the obvious financial legacy … Read more

6 Types Of Side Hustles You Can Start Today

6 Types Of Side Hustles You Can Start Today

No matter how hard you try, you can only save so much by cutting back your expenses. While living a frugal lifestyle will go a long way to help boost your savings rate, there is another option that could result in a drastic increase in your savings rate. Technically you don’t have a limit to the amount of income you can earn. While you may be limited to earning a … Read more

Side Hustle Series: Freelance Writing

Side Hustle Series: Freelance Writing

Side hustles are a great way to earn some extra cash and help you speed up your path to financial independence (FI). To get you started, here’s a list of great side hustle ideas! In addition, we wanted to feature some particular side hustle stories to inspire you to earn some extra cash. Today, we’re delving into the freelance writing side hustle. This side hustle is particularly popular among bloggers, but … Read more

Four Ways To Monetize A Blog

Four Ways To Monetize A Blog

Starting a blog can be a great low-cost way to experiment in side hustling and entrepreneurialism. Since you can still maintain a day job, blogging allows you to work a day job. During your nights, weekends, or between errands with family, you can write articles, build an audience, and start conversations on social media to build your brand. It’s a great way to also pick up some extra skills (a … Read more

Books To Kick Start Your Side Hustle

Books To Kick Start Your Side Hustle feat-min

Side hustling truly is FI’s secret weapon. Working your day job can help build security into your life, and of course–perks like health insurance, a 401k match, and a reliable paycheck. As great as that security is, it can be deflating to realize you may be locked into a pay grade for some time, and you won’t be able to grow your income as fast as you’d like. Side hustling … Read more

Financial Independence And The Future Of Work

Financial Independence And The Future Of Work

Getting ready for changes on how you produce income I recently listened to a thought-provoking podcast interview from McKinsey Consulting about the future of work. It was based on a recent report on the projected impact of automation on the nature of work by the year 2030. Further digging revealed a very interesting global discussion that is now underway on what work may look like in the coming decades. I … Read more

Why A Side Hustle Is FI’s Secret Weapon

Why A Side Hustle Is FI’s Secret Weapon

There is magic in the side hustle. If you’re on the path to FI like most of us are, and you’re not already making six figures with three rental properties already under your belt, side hustling can be a lever to FI you’ll want to pull. Honestly, there’s only so much you can do to cut costs, even with awesome ways to cut recurring expenses like house hacking and going … Read more