Ten Tips to Start a Side Hustle With a Full-Time Job
Cashflow FI is the point at which you reach Financial Independence through income generated from a side hustle.
Nick Loper Side Hustle Expert
Once you have assets that generate more income than your monthly expenditures, you are free to live life on your terms. As we have discussed previously, those looking to achieve FI have traditionally invested in exchange-traded funds or ETFs. However, it can take years for your ETF to build up enough interest to live off. Instead, you should focus your energy on starting a side-hustle, which in contrast, often only takes a few months.
Getting your Side Hustle Off the Ground
Put simply, a side-hustle has the potential to change your life. There are many reasons why side-hustles are one of the best decisions you can make. Firstly, and perhaps most importantly, they help you to make more money and reach Financial Independence (FI) sooner. They’re also a great way to build new skills and make new connections. Finally, they allow you to reclaim your time and live life on your own terms.
Recession Proof Side Hustles
There is no denying that a recession can be a challenging time, but it can also be an opportunity to start or grow a side business.
Financial Independence and Living a More Mindful Life
Financial independence is not just about money. It is a state of being where you have control over your life and the ability to make choices that align with your values and goals. Achieving financial independence can help you live a more mindful and present life by reducing financial stress, allowing you to focus on what matters most to you.
Financial Independence and a Sabbatical
Taking a sabbatical is an amazing opportunity to take a break from the daily grind and recharge. It can be a time to explore new interests, travel, or just relax and reflect on life.
Financial Independence and Job Satisfaction
Do you feel stuck in your job, longing for a change but unsure of how to make it happen? One way to increase your job satisfaction is to strive for financial independence.
Reaching Financial Independence
The question of whether anyone can become financially independent is a complex one, as it depends on a variety of factors such as income, savings, and investment strategy. However, there are a few key principles that can help anyone on the path to financial independence.
Benefits of Financial Independence
Financial independence is when you have enough passive income (investments, side hustles, property, savings etc) to cover your expenses - at this point you’ve reached your utopia.
2022 at Topia
As 2022 draws to a close, we’ve spent some time reflecting on what an amazing year Topia has had and our plans for the future. Before we share our thoughts, we wanted to say thank you. Without your engagement and support, we would not be in the position we are today; ready to help the world unlock financial freedom. We have accomplished an immense amount in 2022 and the product continues to evolve. Feedback has been integral to the development of Topia, and your help has made our job so much easier.