How fancy does “diversifying your income” sound? Super fancy, huh? Like I should be looking at you from over my Wall Street Journal while sipping tea on my veranda?! Yeah, super fancy.
A lot of times people talk about stocks and bonds and diversifying your portfolio, but diversifying your income doesn’t have to be fancy. (Although we all should have some investments.) This semester I took on a teaching gig where twice a week I teach students about “how to succeed in college.” It has been a lot of work, but rewarding mentally and emotionally. It also helps that I get paid extra to do it!
There’s all kinds of ways to diversify your income from taking surveys, to babysitting to cleaning. I know we all have full plates but sometimes taking on those extra streams of income will get us to our financial goals much faster.
How do you diversify your income? Let me know in the comments!
love (and happy Friday!),