Author Topic: What are your side gigs?  (Read 5379 times)

mishek01

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What are your side gigs?
« on: July 15, 2016, 08:37:26 AM »
I am 29 years old and am very close to FI. I also have a wife and 2 kids at home. I want to quit my desk job, but I would like to figure out a side gig I could do to keep growing the nest egg until I am completely comfortable with it.

What I would like to know is what those who have reached financial independence do as their side gig. The reason that I ask in this post is because those who are financially independent probably choose side gigs that they enjoy, since those financially independent do have a choice not to work at all. Maybe hearing some of your stories, and your side gigs, will inspire me to find the side gig that I am interested in. I look forward to hearing from you!

SamIAm38

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Re: What are your side gigs?
« Reply #1 on: July 15, 2016, 08:44:20 AM »
Tutoring for me, I can bring in about $25 an hour tutoring math/science/engineering. I have a bachelors in engineering though. I really enjoy it, have considered trying to do it full time, need a bigger egg first though.

mishek01

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Re: What are your side gigs?
« Reply #2 on: July 18, 2016, 06:33:14 AM »
Tutoring for me, I can bring in about $25 an hour tutoring math/science/engineering. I have a bachelors in engineering though. I really enjoy it, have considered trying to do it full time, need a bigger egg first though.

I was thinking of doing the same thing, I even thought about opening a tutoring center at one point. I love tutoring math, I did it for years. I too have a degree in engineering, which seems like the degree of choice in MMM. I did stop practicing tutoring in 2010, when I graduated from college, and I have forgotten some higher level math. I had a friend ask me for help, it took me 30 min to figure out how to solve a problem. I think I can pick everything back up rather quickly (couple of months or so,) we will see. Thank you for your response!

Pancake

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Re: What are your side gigs?
« Reply #3 on: July 19, 2016, 10:31:42 AM »
Wife and I started an online-only personal training business. It took some work to build it up, but it now brings in as much as a decent full time job and overhead is near zero. It is essentially trading time for dollars, but we can be free of the cubicles and work anywhere there is internet.  It's pretty cool when people are successful; you truly change their lives.

mishek01

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Re: What are your side gigs?
« Reply #4 on: July 19, 2016, 11:06:37 AM »
Wife and I started an online-only personal training business. It took some work to build it up, but it now brings in as much as a decent full time job and overhead is near zero. It is essentially trading time for dollars, but we can be free of the cubicles and work anywhere there is internet.  It's pretty cool when people are successful; you truly change their lives.
That sounds very cool! It is a very rewarding when you can see your efforts change somebody's life for the better. I would love to check out the website, if you wouldn't mind providing a link.

Choices

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Re: What are your side gigs?
« Reply #5 on: July 19, 2016, 07:02:23 PM »
posting to follow.

andystkilda

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Re: What are your side gigs?
« Reply #6 on: July 20, 2016, 12:59:32 AM »
We do credit card/bank churning, freelance writing through sites like Freelancer & dog training/boarding/walking.

meteor

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Re: What are your side gigs?
« Reply #7 on: August 22, 2016, 07:23:00 PM »
I write ebooks and sell them on Amazon.

Cyaphas

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Re: What are your side gigs?
« Reply #8 on: August 22, 2016, 07:35:15 PM »
Realtor, long distance specialed contracting... oh... and I'm BATMAN!

arebelspy

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Re: What are your side gigs?
« Reply #9 on: August 23, 2016, 04:57:58 AM »
We were not planning on doing any side-gigs, but it's hard to pass up nearly free money, at a rate of about 2 hours/month that totally funds our FIRE budget, so we've been selling credit card tradelines.

We still self-manage some rentals from afar, as well (though we'll give that up and turn them over to a property manager as each set of tenants move out, none have yet).

Oh, and the wife has been writing romance novels (self published a few on Amazon, and published a few through Harlequin), but that's mostly for fun.
We are two former teachers who accumulated a bunch of real estate, retired at 29, and now travel the world full time with two kids.
If you want to know more about me, or how we did that, or see lots of pictures, this Business Insider profile tells our story pretty well.
We (occasionally) blog at AdventuringAlong.com.
You can also read my forum "Journal."

Fishindude

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Re: What are your side gigs?
« Reply #10 on: August 23, 2016, 06:11:02 AM »
I am a big fan of investing your money into things that will kick you back a steady income stream without a lot of daily work required.
Some things that I do include; commercial real estate, farm land, stocks that produce steady dividends.  Also serve on a board of directors that pays a nice monthly fee.

At your age, I would think pretty serious about real estate investments of some type.

SnackDog

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Re: What are your side gigs?
« Reply #11 on: August 23, 2016, 06:13:35 AM »
Anyone tried Uber as a side gig?

arebelspy

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Re: What are your side gigs?
« Reply #12 on: August 23, 2016, 06:27:02 AM »
Anyone tried Uber as a side gig?

I was thinking about this yesterday, as practice for talking to people.  Could be fun.
We are two former teachers who accumulated a bunch of real estate, retired at 29, and now travel the world full time with two kids.
If you want to know more about me, or how we did that, or see lots of pictures, this Business Insider profile tells our story pretty well.
We (occasionally) blog at AdventuringAlong.com.
You can also read my forum "Journal."

mathjak107

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Re: What are your side gigs?
« Reply #13 on: August 23, 2016, 07:10:34 AM »
Side gigs are photography and teaching motor controls and vfd's two days a month for a local distributor.

Farmgirl

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Re: What are your side gigs?
« Reply #14 on: August 23, 2016, 07:51:02 AM »
Voiceover work, quiltmaking, alpaca merchandise sales, and bookkeeping for a B&B

mandy_2002

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Re: What are your side gigs?
« Reply #15 on: August 23, 2016, 09:00:10 AM »
I'm in the Peace Corps now, so that's more of a full time side gig... but my father did motorcycle safety classes through the state MSF.  He made pretty good money, and was able to help get the state to approve the safety class as the test for a license.  He chose his class dates, and could do 5 evenings during the week or a longer class days over a weekend.  He loved it because he is a motorcycle guy, and this way he was training more to think like a rider and he knew that the new riders on the road had a strong foundation in riding.  Good luck!

v8rx7guy

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Re: What are your side gigs?
« Reply #16 on: August 23, 2016, 03:51:48 PM »
My side gig is pointing out to members that there's already 10 pages of side gigs here:

http://forum.mrmoneymustache.com/ask-a-mustachian/who-has-a-side-gigjob-that-brings-in-extra-cash-share-with-us!/

It's almost full-time job and the pay is pretty crappy :)
« Last Edit: August 23, 2016, 03:54:54 PM by v8rx7guy »

MoonLiteNite

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Re: What are your side gigs?
« Reply #17 on: August 24, 2016, 03:03:44 PM »
Anyone tried Uber as a side gig?
I drove for them for a few months.
Then government happened and uber left, which i follow support. I now drive on the side on the black market with a FB group :D
You can make good money, even more so if you have a nice car and build up a client base who personally call you every weekend when they come back from the airport. Or from one office to next as a weekly trip. That is where you can start making some good money.


MoonLiteNite

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Re: What are your side gigs?
« Reply #18 on: August 24, 2016, 03:04:53 PM »
I do computer work, virus removal, teaching people how to surf the net in a safe way, hardware upgrades.

I am cheap too, just 20$/hr, 1hr min, no service fee

kitkat

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Re: What are your side gigs?
« Reply #19 on: August 24, 2016, 03:14:53 PM »
Anyone tried Uber as a side gig?
I drove for them for a few months.
Then government happened and uber left, which i follow support. I now drive on the side on the black market with a FB group :D
You can make good money, even more so if you have a nice car and build up a client base who personally call you every weekend when they come back from the airport. Or from one office to next as a weekly trip. That is where you can start making some good money.

Austin?

Or has this happened in other cities as well?