A Side Hustle with a Difference ✨
Do you want the best side hustle on the planet! No socials, no business plan, no chasing sales, no hounding customers, no focus or energy required. Anyone interested?
At the end of the day, we are wanting to convert active income [you earning money] into passive income [your money earning you money].
I’ll repeat that! Convert your active income to passive income. It is a fascinating concept that can truly transform how we think about earning money. And you don’t have to be a math genius either.
Active income is like the traditional exchange of skill & time for money - your employment, business owner or freelance work, where you're directly exchanging your hours for dollars. We all start here!
But the real game-changer is shifting towards passive income streams. Think about it - wouldn't it be amazing to have your money working for you even while you are sleeping? Whether it's through dividend-paying shares, rental properties, or even digital products that sell automatically, passive income can create that financial freedom we all dream about.
Here's what is truly powerful about this strategy; starting with $600 and consistently adding $600 monthly for 10 years, 20 years or 25 years builds financial momentum. So, while you are working hard at your business or career this strategy gets your money working hard for YOU to!
Based on a timeframe of 10 years, 8%pa annual return, $600 initial deposit [investment], regular $600 monthly deposit [investment].
Based on a timeframe of 20 years, 8%pa annual return, $600 initial deposit [investment], regular $600 monthly deposit [investment].
Based on a timeframe of 25 years, 8%pa annual return, $600 initial deposit [investment], regular $600 monthly deposit [investment].
What a Beautiful Summary
|
Timeframe |
10 years |
20 years |
25 years |
|
Investment Return |
8%pa* |
8%pa* |
8%pa* |
|
Initial Investment |
$600 |
$600 |
$600 |
|
Monthly Investment @ $600 pcm |
$72,000 |
$144,000 |
$180,000 |
|
Total Interest |
$38,499 |
$211,768 |
$394,420 |
|
Total Savings |
$111,099 |
$356,368 |
$575,020 |
|
*The S&P 500 has delivered an average annual return of 10.13% pa since 1957 * The All Ordinaries Index (ASX: XAO) averaging annual return of 13.0% pa since 1900 NB Calculated on a Compounding Interest Calculator on moneysmart.gov.au NB As you can see here the 8% per annum return, I used is conservative |
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Are you interested? Who wouldn’t be.
Why not start by setting aside just 30 minutes this week to decide on a comfortable monthly investment amount? Then explore a simple platform that makes regular investing easy.
Become familiar with Investing 101; the 6 Basic Investment Principles.
Remember, investing isn't about becoming wealthy overnight – it's about creating financial security and options for your future self, one step at a time. You have got this, and I'm here to help you along the way. It is easier than you think!
✅Income & Growth Investment Options; Income - is the interest, rent & dividends you receive from your investment. Growth - is the asset increasing in value over time.
✅Active Income & Passive Income; You earning an income and your money at work.
✅Compounding Interest; Compounding concept [the eighth wonder of the world, as Einstein supposedly called it], where your returns generate their own returns, creating a snowball effect that grows increasingly powerful over time.
✅DCA-Dollar Cost Averaging; By investing regularly, you're using dollar-cost averaging - which is just a fancy way of saying you're not trying to time the market. When markets go down, your regular contribution buys more shares at lower prices; when markets soar, your existing investments ride the wave.
✅Time in the Market; Don’t try to time the Market. Let's celebrate the unsung hero here – ‘Time in the Market, Not Timing the Market. Those 10, 20 or 25 years give your investments room to recover the downturns and catch multiple growth waves, dramatically improving your odds of success. The beauty of this approach? It completely bypasses the excruciating decision-making process of 'Is this the perfect moment to invest?' that leaves so many of us stuck in analysis paralysis.
✅Risk profiles; Matching the investment with when you need the money.
The great news is I have fabulous Blog articles for each of these 6 Basic Investment Principles if you would like to gain a greater understanding, find them under the Tab ‘Journal’ on my website.
A regular investment plan creates a healthy money habit that works with your busy life. It harnesses the power of time and compound interest while removing the stress of trying to "time the market" (which, by the way, even the experts rarely get right).
The most important principle is this: getting started matters more than getting everything perfect. ✨
If you’re not sure how to begin setting up this strategy for yourself email me any of your questions, I am here as a valuable resource for you or book a free 30 min Discovery Call.
