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Standing with Ukraine means supporting Ukrainians. #StandWithUkraine (1/2)
gofundme.com/f/stand-with-uk…
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FYI, #GoingFromBroke season 2 is now streaming on @crackle_TV, and include this link to watch: bit.ly/33DCZu2 - Great inspiration to tackle your money goals!
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And that’s a wrap! Thank you all so much for joining the conversation. To see how real people like me and you are learning to overcome their debt, watch #GoingFromBroke FREE, only on @Crackle_TV: crackle.com/watch/5757/25176… New episodes every Thursday!
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A9: Great option if you enjoy your work, but not your work environment. A change of scenery may provide a better fit, and potentially better pay.
Also, don't discount your ability to learn new, in-demand skills! Sometimes small investments can pay off big! #GoingFromBroke
Q9: Finally, switching day jobs -- or changing careers altogether -- can be a way to increase your income, AND make a living doing something you like. How do you know if this is the right choice for you? #goingFromBroke
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Time will tell. You will know when the gut feeling aligns with the financial stability.
#GoingFromBroke
@Crackle_TV @MyFabFinance
Q9: Finally, switching day jobs -- or changing careers altogether -- can be a way to increase your income, AND make a living doing something you like. How do you know if this is the right choice for you? #goingFromBroke
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Replying to @MyFabFinance
A9: That's what I love about side hustles - they're a way to test the waters. Besides the financial aspect, you can also see if this is enriching your life. #GoingFromBroke
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This can be difficult or easy, depends how sick and tired you are. Weigh the pros and cons, make sure it aligns with your goals and values. If you’re married, make sure both you and your spouse are on board with the switch. #GoingFromBroke @Crackle_TV @MyFabFinance
Q9: Finally, switching day jobs -- or changing careers altogether -- can be a way to increase your income, AND make a living doing something you like. How do you know if this is the right choice for you? #goingFromBroke
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Q9: Finally, switching day jobs -- or changing careers altogether -- can be a way to increase your income, AND make a living doing something you like. How do you know if this is the right choice for you? #goingFromBroke
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When you have at least one year of salary earned and saved from your side hustle alone. Until then keep your day job.
#GoingFromBroke
@Crackle_TV @MyFabFinance
Q8: Changing gears. For many people, being able to turn their side hustle into their full-time job is the ultimate goal.
When do you know you’re safe to go “all in” on your side business? #goingfrombroke @Crackle_TV
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We would recommend someone considering going “all in” if you have a 6-12 month fully funded emergency fund, your side hustle can cover all of your expenses, and it’s net income is more than or equal to your full time job. #GoingFromBroke @Crackle_TV @MyFabFinance
Q8: Changing gears. For many people, being able to turn their side hustle into their full-time job is the ultimate goal.
When do you know you’re safe to go “all in” on your side business? #goingfrombroke @Crackle_TV
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Replying to @MyFabFinance @Crackle_TV
A8: This is highly personal, so I suggest taking time to define your number - whether it's monthly/annual income or an amount saved where you feel comfortable enough to make the leap. #GoingFromBroke
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A8: When to go all-in w/ your side hustle?
I'm probably more risk-averse than most, but I like to see 6-12 months of profit history from my side hustle that at least covers my monthly expenses, plus a 6-month emergency fund.
#GoingFromBroke
Q8: Changing gears. For many people, being able to turn their side hustle into their full-time job is the ultimate goal.
When do you know you’re safe to go “all in” on your side business? #goingfrombroke @Crackle_TV
A Plus retweeted
Q8: Changing gears. For many people, being able to turn their side hustle into their full-time job is the ultimate goal.
When do you know you’re safe to go “all in” on your side business? #goingfrombroke @Crackle_TV
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Pyramid schemes, get rich quick businesses, excessive overhead expenses & too much debt. If you want your side hustle to be sustainable avoid all of these things.
#GoingFromBroke
@crackle_tv @MyFabFinance
Q7: What common pitfalls should people who are launching a side hustle business look out for? #goingfrombroke
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Avoid spending a lot of money on marketing and starting up the business. Be aware of scammers and avoid “Get Rick quick schemes”. #GoingFromBroke
Q7: What common pitfalls should people who are launching a side hustle business look out for? #goingfrombroke
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Q7: What common pitfalls should people who are launching a side hustle business look out for? #goingfrombroke
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So many of us have! While it can take money to make money you want to be strategic and calculated. Spending money doesn't automatically equal profit #goingfrombroke
Replying to @MyFabFinance
We’ve made this mistake before, putting too much money into something at the beginning that hasn’t generated any income. Lessons learned
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Replying to @MyFabFinance
2- Track your time and expenses charge accordingly. 3- Review regularly and if warranted raise your rates #GoingFromBroke @Crackle_TV
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Q6: What financial advice should be top of mind when starting and managing your side hustle? #goingfrombroke










