Since I went through this experience, tried out a couple of different side hustles and at the end manged to quit my job and become FI, I can only recommend reading Kens article about this very important topic.
Banker on FIRE runs the numbers on alternative income streams.
Ken took part in a podcast about generational wealth and the presenter eventually dropped the bomb: “I am completely broke!” This changed the conversation completeley and made Ken write this post.
Creating alternative passive income is key on the way to FI. Let’s see what those 5 ideas are…
Writing is something that many digital nomads love doing. You can do it from anywhere and you can make good money out of it. So let’s see what advice Ken can give us.
Financial Freedom Sloth is trying to find a side hustle.
Folks, think outside the box. If your income is only based on your salary then you absolutely need to think outside the box. I mean: look into side hustles, look into some sort of (online) business. Here is a How-To about starting one in a week.
Using Mini Retirements and Fun Funds as a FI Strategy The guys from financial-independence.eu interviewed Leanne from London. You can read the full transcript here. Podcast created by financial-independence.eu
theFIREstarter is thinking about quitting his job. What do you think? Should he focus on his new t-shirt business instead?
Kieran from @moneyonfireblog talks about the importance of habits. Maybe we all should pay more attention to this concept.