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Aspect hustles are more and more part of life, even for those who’re simply making an attempt to outlive.
In 2022, 45% of People stated that they had a aspect hustle, with a mean month-to-month earnings of $483. Whereas that may not appear to be a lot, it’s potential to make use of your aspect hustle as the idea for constructing monetary freedom.
On this podcast, we’re going to satisfy somebody who did simply that.
As ordinary, host Stacy Johnson is joined by monetary journalist Miranda Marquit. Listening in and typically contributing is producer Aaron Freeman.
In the present day’s visitor is Tom Brickman, aka The Frugal Homosexual. 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 typically 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 under, or for those who’d choose to pay attention, 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 take a look at our podcast web page for extra episodes designed that can assist you profit from your cash and our YouTube web 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 a particular rate of interest for seven days with a $125 minimal deposit.
Aspect hustles may help you attain your targets
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 income 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 suggestions that may show you how to attain your targets
Whereas a aspect hustle is usually a good technique 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 sensible along with your cash and develop your wealth.
Try these extra sources that may show you how to discover different methods to earn more money, save extra money and retire wealthy.
Meet this week’s visitor, Tom Brickman
Tom Brickman, also referred to 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 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 masking private finance and investing subjects for nearly 20 years. When not writing and podcasting, she enjoys journey, studying and the outside.