A company is in control of your life and now is the time to rise up and take it back
What side gigs are and why do them Monetize your time and build wealth. Most professionals have a primary form of employment, and some work in private for themselves. Those that are employed over the years many have started side positions or side businesses to produce income. There are several reasons and advantages as to why this happens. I would also recommend obtaining a skilled CPA when making these moves. If you are in an employed position generally that comes with benefits and retirement accounts. These retirement accounts usually include a 403b plan or 401k plan and a 457b plan. Generally, will not have access to both a 401 K and a 403b. Those 2 plans are similar except the 403b planned generally only let’s to invest in annuities and mutual funds and the 401 K has more options for investment. Generally, he will also get a certain percentage of…
Time is the most precious asset: know how to monetize it
Why you should always monetize your time…consider a side hustle. Any professional should always monetize their time because time is the finite resource that you do have. You only have a certain amount of time to devote to earning income. Anything that you were doing with your time that does not earn income or bring you some type of improvement in your life or pleasure you should probably not be doing. Calculating the amount you earn per hour is highly beneficial for deciding on if you should take a certain position or ask for more money or if you should be doing the activity that you were planning on engaging in. For example: It takes me approximately 2 hours to clean up my driveway after a massive snowstorm. If I were working as a moonlighter/contractor for those two hours I would earn anywhere from $320 to $640. It is not…