These side hustles wasted my time and thousands of dollars.

Photo Credit: Joanna Nix-Walkup, Unsplash

After surviving 2020, I’d argue that everyone needs a side hustle. As we learned, having one source of income — particularly coming from an employer — is incredibly high-risk.

Not all side hustles are created equally, and most articles on the topic suggest either very basic ideas (driving for Uber, delivering food, etc.) that can’t be scaled into a profitable business, or they sell you a pipe dream — you know, “Quit your job in 90 days by starting a Shopify store. My course will teach you everything you need to know, for just one small payment of $999.”


Most Americans limit their ability to build wealth as they pursue expensive degrees, “respectable” careers, and spend like they’re in Congress to impress people that they don’t even like.

Photo Credit: Jazz MHD, Pexels

It was 2016, and I was sitting at my desk at my corporate job in Silicon Valley when a news notification popped up on my MacBook that I couldn’t resist opening; it was about Liang Zhao Zhang, a janitor for BART (Bay Area Rapid Transit), who made over $270,000 the previous year. That wasn’t a typo, and you read that correctly; a janitor in San Francisco makes over $270,000 a year.

Liang sometimes works 17 hour days and takes almost every single overtime slot available at his job; in fact, over $162,000 comes from working overtime.

If you haven’t been…

No, I did not start a dropshipping store, join a network marketing company, or receive an inheritance or other financial assistance. I did this on my own, and so can you!

Photo Credit: Unsplash, Austin Schmid

Saving is Imperative and Very Easy with the Right Mindset

I can’t stress this enough! We all logically know that if we make $60,000 a year and spend $65,000, we will be in trouble-yet, so many Americans do this. So much of this (in my humble opinion) has to do with mindset.

We save and invest very little because we are afraid of missing out. We worry about how others perceive us. We feel that personal finance is a foreign language, and developing a financial plan is too complex. …

When Only Fans Stops, Subway Will Be Hiring — How to withstand the ups and downs of content creation

Photo Credit: Charles Deluvio, Unsplash

“When Only Fans stops, Subway will be hiring” internet dating coach, Kevin Samuels remarked in a heated debate with three Only Fans creators on the “Fresh and Fit” podcast back in April.

Chris Below and Hafeez Baoku from “The Roommates” podcast also joined Kevin and provided similar skepticism regarding the longevity of the platform — and their careers.

Their instincts might be correct; just a few weeks ago, Bloomberg announced that Only Fans is seeking a valuation of more than $1 Billion — and they want to move away from adult-related content, as investors tend to shy away from NSFW…

This is why following your passion matters

Photo Credit IG @thestradman

Meet James Neese — a YouTuber and car fanatic that goes by the name “Stradman.” I recently came across James in a “rags to riches” type of interview on YouTube and was fascinated by his massive success.

While James didn’t experience childhood poverty (his parents were middle-class), he happened to graduate during tough economic times, and his accounting degree didn’t yield any job prospects.

Determined, James decided he was going to start a business buying and selling cars, which unfortunately didn’t pan out — so he packed up his belongings and moved to Utah — without a job.

After relocating…

Ranking the best investments in terms of returns, liquidity, and volatility

Photo Credit: Ava Sol, Unsplash

I have a love/hate relationship when it comes to talking (and reading) about passive income strategies — probably because passive income is often sold as a pipe dream by some “guru” who rented a Ferrari for a Facebook advertisement, in hopes they’d grab your attention for long enough to sell you an online course.

In reality, passive income requires active income, and there’s no quick way to earn massive amounts of passive income without putting in the work upfront.

Passive income is an important topic though, especially if you’re part of the F.I.R.E …

No, I’m not suggesting that you slide into the DMs and start hitting on recruiters.

Photo Credit: Yan Krukov, Pexels

Every single week without fail, I receive messages from both recruiters and job seekers — and out of all of the messages I receive, I respond to less than 1%.

I know that sounds harsh, but it’s honest.

To be fair, I’ve experienced being on the other side of the equation as the job seeker, and have received the cold shoulder more often than not.

So why are you being ignored?

One of the most pervasive diseases plaguing the world of business is the “what’s in it for me” mindset, and if you approach LinkedIn with that mentality, you will…

Is spending your life savings a message of abundance to the universe or financially reckless?

Photo Credit: Austin Distel, Unsplash

A few nights ago, I found myself watching countless YouTube videos on a channel called “The Real.”

The women were discussing financial advice from celebrities and comparing the advice against their financial habits.

Out of all of the advice, I thought Barbara Corcoran’s was the most interesting. When asked what she believes is the biggest mistake that women make with money, she responded with the following:

“They don’t spend it. And I know that’s counterintuitive. I am not a believer in saving money. …

These are the financial rules I refuse to break.

Photo Credit: Unsplash, Christopher Campbell

I think everyone should have a set of “money rules” or financial principles that they live by.

Setting financial boundaries can help balance your relationship between spending and saving; these boundaries can ultimately make your life much happier when you identify what (or who) deserves your hard-earned money.

These rules took me many years to develop, and they aren’t one-size-fits-all. The keyword in “personal finance” is “personal”; you may have a completely different set of financial boundaries, and that’s perfectly okay!

1. I’ll never question spending money on my education

In the wise words of Warren Buffet,

“The most important investment you can make is the investment in yourself.”

What I’m investing in right now and my top investment picks

Photo Credit: Canva

Stablecoins in High-Yield Crypto Banks — A Great Alternative to a Traditional Bank

Back in May, when the latest inflation report revealed that the inflation rate had increased to 5%, I began looking for an alternative to holding cash in the bank.

The two online banks that I use (Wealth Front and Ally) haven’t had the best interest rates as of late (given the current environment of low-interest rates); they are currently offering APY’s of 0.10% and 0.50% respectively.

I was listening to a podcast about cryptocurrency one night, and the gentleman started talking about BlockFi — a high-interest rate cryptocurrency bank.

Intrigued, I went down the rabbit hole and started reading about…

Lauren Como

Self-taught investor currently employed in the technology sector in Austin, Texas.

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