Liza, thank you for the question. I am not sure how much to reserve in cash with the impending loss of consistent income. I do plan to put much of the reserve in high yield savings account with an online bank like Brio Direct. Other than that, I don't have any ideas but I bet you to do. You will also be happy to hear that I would like to put some of it on the market. Any other thoughts?
#423: We’ve heard the warnings about following your passion.
People ask if you can *actually* make money doing what you love. They frame the question “passion or profit?” as though these are in opposition.
The majority – who have never tried – decry, “what if you fail?”
Nobody asks the more important question: what if you succeed?
Are you still going to love your passion when you rely on it to pay the bills?
We grapple with that question in today’s episode, which is devoted to side hustles and starting a business. We use questions from two of our listeners as a jumping-off point to discuss the realities of going into business for yourself, doing what you love.
We share examples from our own lives as professional podcasters, as well as from the lives of friends who are full-time photographers, musicians, writers and other creative entrepreneurs.
Enjoy!
P.S. Got a question? Leave it here
For more information, visit the show notes at https://affordanything.com/episode423
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