Own your home out right and you just turned 50
Now what’s next the house is paid for and your stress level for shelter is out of the way. The next question is how hard do you want to work in your 60’s and what kind of assets will grow and what kind of assets will depreciate. Building a portfolio that is just for you. Will take you to put pen to paper and see what kind of money you will require in your golden age. Side hustles are the way of the future actually have been the way of the past. Virgin Inc. has a lot of side hustles that make the Owner a Billionaire. Not advocating greed but simply love of things that can turn into a small profit for yourself and the great thing about money is that it doesn’t spoil. Here’s 5 things you should checkout.
1. Thumbtack-Thumbtack makes money from service providers who pay for every lead that the company sends them. Founded in 2008, the company has grown to become one of the leading platforms for facilitating on-demand work. It is currently being valued at $3.2 billion.
Want to travel and do things with your skill set, look at Thumbtack you will think me if you are a contractor you will hug me.
2. Selling unwanted things around your house on Facebook marketplace. After learning how to sell your unwanted things, then you can go garage selling and find things to sell on your Facebook marketplace page and make a profit by learning online selling. Amazon and Walmart both have an online service but I suggest learning Facebook marketplace first.
3. Starting a Blog- Your got a great product or service starting a blog is a great way to find new customers and add another source of income if monetized and remember anything can be monetized.
4.AirBnB- If you got an extra room or extra house AirBnB can be a profitable move but with that it’s all about location. But making a personal experience for your customers can put you over the top for your area
5. Lessons on your skill set- Do you want to teach what you know, Guitar lessons Piano lessons, WordPress Lessons, Computer lessons,
Everyone has something of a skill set that can be monetized and if you can’t think of something that building of yourself is a must.