The long walk to FIRE continues...
Actually, I was into the idea of multiple streams of income a long time before FIRE became a more mainstream concept.
And as my blog comments have indicated over the last few years, it's a slow and steady process. That's code for: "it's tough".
Tough to execute, tough to stay motivated when you're in a full-time job that easily pays the bill. But I'm convinced that I need to remain on this course. We have no control over the bigger picture world of trade wars, recessions, The Man and job cuts. That's why I need to keep pushing. Control the controllable.
But I won't deny it's tough. When you see these guys online sipping pina coladas and hanging out on private yachts, ignore them. There's so much nonsense online. Liars, jokers and scam artists. And the select few that are making it big but distorting it for the rest of us.
Still, it's worth the effort. We should all be working towards some version of the above. That's my view.
I'm encouraged by the fact my site Finance Job Hunter is getting traction. It needs a bit of a tweak on design. I also need to get into the rhythm of writing blog posts. But I see loads of potential out there.
I'm continuing to work on myself and I know I'm getting into a better place mentally.
So how was last month?
Resume Writing: $145. I did a bit of work there. I don't want to be trading too much time for money here but it's good to have the cash.
Additional Writing: $0. Nah, I haven't looked into anything here. If I do end up writing, it's got to be financially worth it.
Stock Dividends: $1,000. This is a strategy that continues to work. With the cash from work and from my side hustles, I've continued to buy dividend stocks. There's never a consistent monthly figure. And I'm probably not doing it as effectively as possible. But this is a long-term approach that I like. This is a time-honored investment strategy that works.
Interest: $17. It ticks along but is never going to move the dial.
Ebooks: $2. Quite quiet at the moment, though I did make a sale on Kobo. Amazon isn't working right now so time to try some other platforms for my portfolio (Beginner's Guide to Online Side Hustles, Cryptocurrency Job Hunting for Non-Techies, The Simple Guide to a Winning LinkedIn Profile and Craft a Winning Resume).
Coaching: $0. No sessions over the month. However, two people reached out to me on the coaching platform Noomii to find out about my services. I have a profile there but in order for me to connect with potential clients, it'll cost me $397. I'm not sure whether I can justify it just yet, given that I'm not in a position to work on too many clients. I'll have to have a think about how I want to take this forward.
Other: $0. Nothing doing here.
Total: $1164. It was all about the dividends really. It won't be like that every month but it's great to know that passive income is the main driver. Now time to take everything to the next level...
Actually, I was into the idea of multiple streams of income a long time before FIRE became a more mainstream concept.
And as my blog comments have indicated over the last few years, it's a slow and steady process. That's code for: "it's tough".
Tough to execute, tough to stay motivated when you're in a full-time job that easily pays the bill. But I'm convinced that I need to remain on this course. We have no control over the bigger picture world of trade wars, recessions, The Man and job cuts. That's why I need to keep pushing. Control the controllable.
But I won't deny it's tough. When you see these guys online sipping pina coladas and hanging out on private yachts, ignore them. There's so much nonsense online. Liars, jokers and scam artists. And the select few that are making it big but distorting it for the rest of us.
Still, it's worth the effort. We should all be working towards some version of the above. That's my view.
I'm encouraged by the fact my site Finance Job Hunter is getting traction. It needs a bit of a tweak on design. I also need to get into the rhythm of writing blog posts. But I see loads of potential out there.
I'm continuing to work on myself and I know I'm getting into a better place mentally.
So how was last month?
Resume Writing: $145. I did a bit of work there. I don't want to be trading too much time for money here but it's good to have the cash.
Additional Writing: $0. Nah, I haven't looked into anything here. If I do end up writing, it's got to be financially worth it.
Stock Dividends: $1,000. This is a strategy that continues to work. With the cash from work and from my side hustles, I've continued to buy dividend stocks. There's never a consistent monthly figure. And I'm probably not doing it as effectively as possible. But this is a long-term approach that I like. This is a time-honored investment strategy that works.
Interest: $17. It ticks along but is never going to move the dial.
Ebooks: $2. Quite quiet at the moment, though I did make a sale on Kobo. Amazon isn't working right now so time to try some other platforms for my portfolio (Beginner's Guide to Online Side Hustles, Cryptocurrency Job Hunting for Non-Techies, The Simple Guide to a Winning LinkedIn Profile and Craft a Winning Resume).
Coaching: $0. No sessions over the month. However, two people reached out to me on the coaching platform Noomii to find out about my services. I have a profile there but in order for me to connect with potential clients, it'll cost me $397. I'm not sure whether I can justify it just yet, given that I'm not in a position to work on too many clients. I'll have to have a think about how I want to take this forward.
Other: $0. Nothing doing here.
Total: $1164. It was all about the dividends really. It won't be like that every month but it's great to know that passive income is the main driver. Now time to take everything to the next level...
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