How my side hustles have earned me more than $165,000 - Business Insider

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'I started side-hustling to pay off my student loans and save cash, and now my gigs have earned me over $165,000'

, so I decided to take an intro to food blogging course at a local culinary school. Later that day, I set my plan in motion.

I devoured YouTube videos and blog articles about how to build a blog, how to style photos, how to optimize SEO, and even how to use social media as a brand. My first year was all about building, but then in 2015, I made my first profits from ad revenue. A whooping $2,295! It was the first time I ever made money without clocking into a job. I was hooked.

In October 2018, I set a goal to be student loan debt-free by age 35. Instead of paying the minimum payment , I started paying $2,000 to $3,000 a month towards my loans. I had a clear goal to use my side hustles to achieve financial independence, and the first step to get there was to be debt-free. I made my last payment on February 26, 2020, and immediately redirected all that extra side-hustle income to maxing out my workplace 401 and IRA for the first time in my adult life.

In addition, there are a ton of low-cost digital businesses that you can start that don't involve selling anything. My food blog generates income by hosting ads and affiliate links. In November of 2020, my blog earned over $14,000 in ad revenue alone. So even if you don't want to sell a physical or digital product, simply by creating a website that gets a good amount of traffic, you can build a passive income stream that earns money 365 days a year.

 

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