31 min listen
Kevin Bubb talks about side hustle ideas
FromChain of Wealth - Debt, Investing, Entrepreneurship, Wealth & More
Kevin Bubb talks about side hustle ideas
FromChain of Wealth - Debt, Investing, Entrepreneurship, Wealth & More
ratings:
Length:
23 minutes
Released:
Feb 1, 2018
Format:
Podcast episode
Description
Original Show Notes: Side Hustle Ideas Kevin Bubb is the author of the blog “Financial Panther.” He is a typical millennial that graduated college with loads of student debt, but was able to pay them all off. Kevin is a lawyer by day and blogger by night with a mixture of side hustles in between. We’re excited to have you, Kevin! [2:8] Where did the name “Financial Panther” come from for the name of your blog? · Simpsons reference, Homer thinks financial panther instead of financial planner. [2:57] You have quite the student loan story. Can you tell us a bit of back story and what your plan was to pay it all back? · Graduated from law school with $87,000 with student loans debt- that was with a half scholarship · Plan was to pay back ASAP · Joined a law firm and didn’t enjoy it but wanted to pay back all debt so focused on big payments. [4:6] After you paid back your debt, you took a new job with a pay cut but didn’t actually feel the impact of a smaller paycheck. What kind of habits do you have to keep such a low maintenance lifestyle? · Everyone at work has expensive taste, everyone else started spending a lot of money · Decided to live like a student for a few more years to try prioritize paying off student loans · Lifestyle remained the same, didn’t give in to lifestyle creep · Saw a lot of people go to a luxury apartment [6:38] I see you are a fellow Airbnb host. Would you recommend hosting to your friends? What do you find is the best part about hosting? · Been hosting for almost 2 years · Over 100 guests in that time! · Being able to monetize your home is exceptionally advantageous · Loads of people have a spare room so it’s easy to do, it’s not added pressure. · You can try it out once and decide if it’s for you [9:38] You have ton of side hustles going on all of which you report your monthly income. Which side hustle do you enjoy most? · Food deliveries on bike · Paid to do stuff you enjoy is awesome! · Wag is awesome as well, most people need their dogs walked during lunch so it’s a great excuse to leave the office [13:32] What advice do you have for someone thinking about doing a side hustle? · Look for ones that don’t require a huge amount of upfront time or commitment · Sharing economy is awesome, can try things out and if you don’t like it you can just quit · Find side hustles you can incorporate into your daily life Sponsors [16:59] Chain of Wealth– Find out how Katie has made over $7,000 in just 6 months hosting on Airbnb. Head over to chainofwealth.com/airbnb where she reveals her secrets! If you’re enjoying this podcast, don’t forget to subscribe, rate and review! Value Link Round (VLR) [17:26] Why do you think that people fail at achieving their dreams? · If you don’t think something is possible you won’t made it · Think outside the box, figure out how to get out of a situation you don’t like [19:8] What other books or podcasts do you recommend? · Book: Simple Path to Wealth by JL Collins · Book: The Bogleheads’ Guide to Investing · Podcast: Choose FI · Podcast: FIRE Drill Podcast [20:12] Do you have a favorite quote? · Rick Ross – Everyday I’m Hustlin’ [21:47] Any last advice? · Always think out the box and hustle! Support this podcast at — https://app.redcircle.com/shows/11f32da4-3081-471f-bf51-ea341b89ab1d/tip
Released:
Feb 1, 2018
Format:
Podcast episode
Titles in the series (100)
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