Comments on: The Side Hustle Snowball: How to “Erase” Your Expenses with Extra Income Streams

By: Cameron

Cameron — Fri, 22 Apr 2022 12:18:17 +0000

Hi Nick. I’ve had my eyes opened time and time again by your show. Thank you. This Snowball one is especially interesting because I can go down the list and see what could work for us. We’re just starting out with this way of looking at income.
Question: I was wondering how much of your success with some of these methods is dependent on a following you already have. If this is true, this makes them harder to just pick up and run with.
Thanks again,
Recovering Teacher in England

By: Mikko

Mikko — Thu, 02 Sep 2021 17:54:55 +0000

This is really inspiring episode. I started a small blog (in Finnish) with the idea of finding small income streams to finance the costs of a house. (especially on that is not used 100% all the time)
So far I´ve talked for example about renting driveway, garage, extra rooms for storage. Even parts of the yard for allotment garden for local people without the opportunity.

Lately I´ve been writing more on the maintanance and economics of a house for first-time buyers etc, but this episode lit the original spark to find new potential dollars/euros for covering the taxes, water, garbage etc.
I wonder if there are any blogs like this in English.. Or would it be worth to start one even not in my own language..

Really enjoying your podcast!

Mikko / http://www.talonvahti.fi

By: Mr C

Mr C — Mon, 09 Aug 2021 11:37:33 +0000

Thanks Nick. I’ve often looked at one off purchases being something that I need to fund (or partially fund) from a non-salary source. That’s generally been by selling stuff we don’t need – which also helps on the ‘reducing stuff’ front. But I’d never really considered it from a recurring spend angle. Great perspective.

By: Matthew F Rowell

Matthew F Rowell — Thu, 05 Aug 2021 12:51:35 +0000

This was a good re-frame for me. I’ve been tackling the biggest expenses first.
Stacking up small wins leads to huge gains.
Thanks, Nick!

By: Nick Loper

Nick Loper — Fri, 02 Nov 2018 15:38:38 +0000

In reply to Iain.

Haha maybe in the couch cushions? But seriously, you could find $0.75 just about anywhere. Survey apps, Fiverr, Mechanical Turk. Here’s a bunch of options: https://www.sidehustlenation.com/make-extra-money/

By: Iain

Iain — Fri, 02 Nov 2018 12:35:16 +0000

Thanks for a great show Nick! I’ll give this a try starting with my smallest expense. I buy about one postage stamp per month, which costs 58 pence. That’s about 75 cents. Do you have any suggestions for how I can find 75¢ per month?

By: Nick Loper

Nick Loper — Tue, 09 Oct 2018 04:25:33 +0000

In reply to Rich Peterson. Whoa nice!

By: Rich Peterson

Rich Peterson — Mon, 08 Oct 2018 23:58:10 +0000

I love this way of looking at earning a second income. It also makes it more concrete than when people say they’re aiming for six-figures or they want to retire (but have no idea of what they need to retire on).

Reminds me on the Your Money or Your Life book principles.

As for me, I’ve got quite a few income streams including Udemy (similar income to yours), ongoing affiliate income and a few others. One funny one is a bookstore (not Amazon) where I signed up to their program more than 5 years ago and my link must have been picked up by a library because they often have orders of $500+ and I earn 5% on the sale. This happens weekly and is a little blessing when I get paid each month.

By: Randy

Randy — Sun, 24 Sep 2017 03:49:04 +0000

I have been reading your blog for a long time but somehow missed this post. This is a wonderful post and I am looking to do this but a bit different. I recently lost my rental home due to it being sold and was in the middle of starting my freelancing business so I had no money to get another. So, I moved into an Airbnb and am selling a lot of my possessions. I am going to be adding expenses as I afford them instead of trying to find income for expenses that exist. Obviously, I do have some small expenses but I am starting over in many ways.

I just to have to say – $2200 for rent? Where do you live? $2200 rent or mortgage would get you a half million dollar house which is huge. The house in that picture would be half that here in Kansas City.

By: Gaege

Gaege — Tue, 04 Apr 2017 04:26:01 +0000

In reply to Nick Loper. Truth