87: How to Avoid Debt & Get in the Green with your Side Hustle

To achieve financial freedom, starting a side hustle is an obvious solution, but do you have an actual plan to get out of debt and get in the green?

Show Notes:

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Transcription (partial)

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Welcome. So excited to share with you today how to get out of debt. Get in the green with your business. My name is Kimberly Olson. I'm your hostess. And for episode 87 we're going to talk about money. Money is your friend, money loves you and a lot of you don't believe that. So we're going to talk about that and more in this episode. But first I want to share a listener review. This comes from Stephanie Draper Collette, who actually I've gotten to know really well. She's an amazing person. Thanks for the review, my friend. It says, if you are looking for someone who has been in the trenches and totally gets where you're coming from and how to teach you to reach and surpass your goals, Kimberly is your girl. I follow her trainings, plug my team in and refer all of my direct sales and small business friends to Kimberly.

I always tell her she's somehow in my head because she knows exactly what I need to hear. So is that kind of like at church when you feel like the pastor is looking right at you and talking to you? Sometimes I feel like that. Well, thank you so much Stephanie for the review. I appreciate it. And if you haven't, please listen. Listen to the podcast. Leave a review, tag me in your stories, take a screenshot of you listening and I will shout you out as well. And I so appreciate it. I know it takes time to do that and it just means the world to me. So thank you Stephanie that everybody listening and supporting this podcast. So if you don't know my history, I have dug my way out of six figures of debt and it was really, really hard because we were in a position where you know, we were making great money at this big fancy corporate job.

We built our dream home, bought two new vehicles, got Addison into a daycare. It's really expensive in Austin, Texas. Unfortunately it's one of the highest in the country. And then Elise came along unexpectedly. And so we had another one to put in daycare and let's just say we'd bit off a little bit more than we could chew. So like a lot of families, we were living beyond our means and it wasn't, you know, us being frivolous. I mean, outside of what I just shared. I mean, we weren't going and traveling and jet-setting we weren't, you know, buying all these things, but it's so common for people to get in these situations and then they don't know how to get out of it. So I think one of the smartest things that people can do is to start a side hustle because it allows you to be able to continue getting that salary or a commission structure from a corporate job and have that income source while you build up your network marketing business....... (see above for full transcript link)