Real life experiences are usually the best way to learn in life. How many times have you listened to the advice of someone but never actually applied that advice only later to realize that listening would have served you better. Before I started on this journey of wealth building more than seven years ago, passive income was very exciting and interesting. Fast forward to 2015, I was on to acquiring my first rental property and voila passive income was a real thing!
We live in a world where many workers often hold down more than one job at a time just to make ends meet. Technology has allowed some to make extra income without having to pick up extra work that is laborious and strenuous on the body. Look at the impact that social sharing apps like Uber, Lyft and Airbnb have have had on society in recent years. Have you ever considered picking up a real consistent side hustle? One that you can potentially turn into a viable business down the line. Here are some things to consider.