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Episode 2672:
Michelle Schroeder-Gardner, through her journey detailed on MakingSenseOfCents.com, illustrates the transformative power of side hustles. By leveraging extra time to generate additional income, she not only eradicated her student loan debt but also embarked on a path of financial independence, allowing for travel and entrepreneurship. This narrative underscores the potential side hustles have to not only alleviate financial burdens but also to explore and test new business ventures, ultimately leading to a more diversified and secure income stream.
Read along with the original article(s) here: https://www.makingsenseofcents.com/2015/03/4-reasons-to-make-extra-money.html
Quotes to ponder:
"Due to my past side hustles (most of which now comprise my full-time business), I was able to pay off my student loans completely, travel, quit my job, start my own business, and more."
"By diversifying your income with multiple income streams, you will have a backup plan."
"My side hustles turned into my full-time business."
Episode references:
"The Ultimate List Of Gig Economy Apps" by Kevin Ha on Financial Panther: https://financialpanther.com/the-ultimate-list-of-gig-economy-apps/
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Optimal Finance Daily - Financial Independence and Money Advice