Nothing Matters More than your Savings rate. Now that I’ve been in deep on the journey to financial freedom, one learns quite a bit. From investing, making every dollar and hour count, to maximizing your investments to the highest level with tax efficient accounts. Additionally, I’ve learned the utmost importance of having an extremely high savings rate. One cannot do any of the items above if you spend all of your money!
Our third installment of the Dividend Diplomats’ Side Hustle Report. Each month, the two of us publish a report showing how much income we made from our various “side hustles.” We talk all the time about how every dollar counts and can make a lasting impact on our journey towards financial freedom. Producing these reports helps hold us accountable and motivates us to keep increasing the number. Nothing excites us more than reading about another blogger that is pushing themselves to the limit, so hopefully our August Side Hustle Report can help us pay that motivation forward.
Bring it on..Month 2 of our Dividend Diplomats Side Hustle Report! In this article, we dive deeper into what side hustles, online sites or other various areas we focus on spending our time in order to bring in, you guessed it… more cash/income. What is that cash usually used for? Easy answer again… investing and/or paying off debt. It’s that simple. When others are enjoying a binge on Netflix (NFLX), drinking til the sun comes up, the Diplomats are out here trying to get one more dollar ahead, as Every Dollar Counts in this journey and we are going to make it happen. Come check out how hard we hustled in our July Dividend Diplomat Side Hustle report. Continue reading
The first six months definitely have been fun, interesting, lessons have been learned, passions explored and a renewed focus has developed. I cannot wait to look at the half of the year coming up, sort of in a “the glass is half full” kind of way. Learning more about yourself/oneself in a much more rapid pace, but still focusing on the areas that make me happy, as well as the true goal of financial independence. This quarter marks another quarter closer to these goals and I’m excited to talk about what progress was made.
Side Hustles, ah yes, the sides hustles. A topic we, and so many others in the early retirement community, discuss constantly. In our journey to retire early and spend the rest of our lives pursuing our dreams or living life ON OUR TERMS, we look to scrape together every dollar. Why? Every dollar, every hustle, puts us one step closer to the end of the journey. For the first time ever, the two of us decided to hold ourselves accountable and publish our own “side hustle” report to provide some additional disclosure about the products, apps, and methods we use to earn an extra dollar or cut down our expenses. Time to check out our June Side Hustle Report from the double D, Dividend Diplomats.
Most of us have our “Main” hustle where we go in for approximately 33% of our day, do what we need to do and “clock out”, then go home. In this day of uncertainty, passion provoking thoughts, technology advancement, ease of information access and freedom to expand your ability to gain wealth, one should establish the “Side” hustle. The side hustle helps accomplish many goals in your life, and I want to talk about the 5 reasons why I think everyone should work on their side hustle game! Why? Because we all want to be financially free, and have the ability to pursue what we want in our lifetime.
The side hustle activity is on! Each day, week and month, I track the income and expenses that are going in and out. This also includes tracking the extra income that you receive, even from side hustle/free ways to bring in extra income on the side. One of those fun activities that I add to my day have earned me well over $1,000. It all comes down to using the internet in a better way to add value to what is currently needed in your life (saving, invest, etc..). Find out how I have earned over $1,000 using a certain site : ) Continue reading