Let’s have a quick discussion. Do you have more than one source of income? I find that sometimes we think we have a game plan, but the way things happen – we end up finding ourselves just looking around confused at times.
I do have residual income but not as much as I would like – from rental at the moment. I am working on a few things to boost it such as ramping up on investing activities to be able to buy property and financial instruments for the most part. I have done a few things on the side for money in the past such as sold jewelry, weekend jobs. In secondary school I used to save my entire allowance and my side hustle was cakes – i come from a line of bakers- so i baked and sold to my classmates a lot for N250 per pound cake -6 inches was my specialty back then.
Right now I am working on improving my side hustles- I am not keen on selling anything maybe with the exception of food- if I find someone to pay me for Carribean food and other American delicacies I would cater them. I am working on a website that should be up soon- still attempting to fine tune the site and likely commercialise the site.
I am also working on cleaning up my portfolio in terms of assets..some things aren’t yielding anything and it might be time to sell and reinvest elsewhere. My goal is to make investment income the bulk of my income- that way I am free to do whatever it is i feel the need to do..not to be tied down on a job when I am 40 or 50.
What is your side hustle? What are you doing to get residual income?
The giveaway is still HERE