Aspect hustles are more and more part of life, even in the event you’re simply making an attempt to outlive.
In 2022, 45% of Individuals mentioned that they had a aspect hustle, with a mean month-to-month revenue of $483. Whereas that may not appear to be a lot, it’s potential to make use of your aspect hustle as the premise for constructing monetary freedom.
On this podcast, we’re going to satisfy somebody who did simply that.
In the present day’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 need to use a aspect hustle to spice up your personal future monetary prospects.
Bear 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 every other cash strikes, do your personal analysis and make your personal selections.
You’ll be able to watch this episode under, or in the event 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:
Additionally, don’t overlook 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.
Aspect 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 is usually a good technique to earn extra money over time.
Tom talks about how he began his aspect hustle by promoting lipsticks, purses and bras on eBay. Hearken to the episode to learn the way 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 here are some Cash Talks Information articles that supply perception into aspect hustles:
Cash ideas that may enable you attain your objectives
Whereas a aspect hustle is usually a good technique to increase your revenue and work towards monetary freedom, you don’t have to make use of a aspect hustle. There are many different methods to be good together with your cash and develop your wealth.
Try these extra sources that may enable you discover different methods to earn more money, save extra money and retire wealthy.
Meet this week’s visitor, Tom Brickman
Tom Brickman, often known as The Frugal Homosexual, is a 40-year-old married canine dad from Dallas. He just 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.
Don’t take heed to podcasts?
A podcast is principally a radio present you’ll be able to take heed to anyplace and anytime, both by downloading it to your smartphone, or by listening on-line. They’re superior for studying stuff and being entertained once you’re within the automobile, doing chores, jogging or driving your bicycle.
Should you haven’t listened to our podcast but, give it a strive, then subscribe. You’ll be glad you probably did!
In regards to 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.