This page is dedicated to side hustles, or side jobs. This could include part time work, working from home, passive income, and more. As someone who works full time while driving for Door Dash, selling shirts online, blogging with Finance Throttle, mining Bitcoin, making money with surveys, and running a consulting company, I have lots of content to share.
Around Christmas of 2020, I decided to start my own personal finance blog Finance Throttle. My objective with this blog was to help people accelerate their net worth and learn more about personal finance along the way. Within a week, I created the blog and website through a Bluehost referral link and published the site on December 31st, 2020 for a January 1st, 2021 reveal. I started off publishing a new blog post EVERY DAY. This wasn't easy since I…
The SEP IRA is an individual retirement account for the self-employed. If you own a small business or have a side job earning passive income, you can qualify for a SEP IRA. You may think that SEP stands for self-employed, but it actually stands for Simplified Employee Pension. As an alternative to 401k's, SEP IRA's give small business owners the ability to contribute money for their employees. A SEP IRA can be ideal for a small business with 10 employees…
As a 24 year old landlord with limited resources, I didn't take the time to do background check aside from the interview questions. For a small 8' x 9' bedroom, I was lucky to get anyone willing to pay $300 per month with a $300 deposit. With all three bedrooms rented out, I made $1250 per month while paying a $650 per month mortgage. I was house hacking, which is another way of saying that I was a live-in landlord.…
A friend of mine (get it?) has been mining Bitcoin since 2013. To date, he has earned 1 complete Bitcoin, meaning he owns about $56,000 in Bitcoin at the time of this post. When I visited his home, I found a computer mining Bitcoin in almost every room of the house. In total, he had 8 or 9 computers mining Bitcoin, including an ASIC unit specifically designed for mining. He couldn't install more because the power requirements needed to mine…
I know I need to address what happened with Robinhood and GameStop last week. I do not agree with the way Robinhood handled things. On the flip side, I understand why Robinhood, Webull, TD Ameritrade, and other brokerages froze the ability to buy GameStop and other stocks involved in the subreddit Wallstreetbets strategy. If you don't know what I am talking about, click here to read my post explaining what happened. With that out of the way, this blog post…
DoorDash and GrubHub are currently the two most popular food delivery apps. As a DoorDash driver, I've come across many other DoorDash, PostMates, GrubHub, and UberEats drivers during my deliveries. I started to notice that many of them work for multiple delivery apps so I started asking questions on what service they think is best. From my sample population, the majority preferred the user interface of DoorDash with GrubHub being a close second. I recognized that DoorDash wasn't perfect so…
Prior to becoming a Door Dash driver, I was a pizza delivery driver for Domino's Pizza. Working with Domino's Pizza, I learned so many tricks to making more deliveries, earning more tips, and making my deliveries more efficient. Combining what I learned with Door Dash, I came up with a solid strategy that earned me an average of $21/hr with some days earning as high as $45/hr. The following are my top 10 Dasher hacks. Schedule your Dash ahead of…
Cryptocurrency is an unregulated and decentralized digital currency that can be used to buy goods and services. Bitcoin, the most popular crypto, has been around since 2018 and has just hit a price of $30,000 for the first time. In fact, the value increased by $5000 in the first few days of 2021. There are many people who think Bitcoin and cryptocurrency is a scam while others invest all of their money in Bitcoin. The truth is you can buy…
Real estate investing is one of the most popular ways to invest your money. Your tenants can give you equity in your property, increase your net worth, pay off your debt, and give you passive income. I saved as much as I can with my first job after college. Half of my income went straight into student loans while the other half went towards savings. My parents provided me with food and shelter. By the time I was 24, I…
I recently stumbled on the concept of making money with bank bonuses. Many different banks offer you referral bonuses or sign-on bonuses when you setup a recurring deposit or deposit a certain amount of cash. This is their way of attracting new customers. These bonuses range from $50 to as high as $1000 with most of them being offered at $250 or less. It turns out some finance-savvy people spend the time to investigate bank bonuses throughout the United States,…
