Wed. Feb 8th, 2023

In 2018, I hit my initially 6-figure yr as a freelance author on Fiverr, earning practically $300,000 in profits creating blogs, push releases and web site content for purchasers.

Now, at 29, I have 6 streams of cash flow — from freelance creating, influencer sponsorships, E book income, course profits, ad income and affiliate earnings. Last yr, I introduced in a minimal around $400,000 in internet earnings.

Like any member of the gig economic system, I know I can’t count on earning this substantially income without end. So while I occasionally splurge on food stuff, enjoyment and vacation, I or else conserve and devote aggressively to boost my net worth. I also personal a few attributes in my dwelling point out of Florida. Merged, they’re worth shut to $1.2 million.

To stay my dream existence and continue to help you save most of what I make, listed here are 5 matters I refuse to devote income on:

1. New designer clothes and purses

I do all my manner shopping at thrift retailers like Buffalo Exchange and Pavement. So in its place of acquiring new designer apparel or handbags for hundreds of pounds at a time, I am paying a lot significantly less.

My rule is to invest no extra than $2,500 a calendar year on searching. Not only do I conserve money this way, but I’m also serving to the atmosphere by donating all of my unused clothes to Goodwill.

2. Unsubsidized flights

My Chase Sapphire Rewards credit card accrues journey factors when I devote on food and travel, and due to the fact I shell out the most on individuals two groups, my card virtually constantly handles my flights and rental vehicles.

Even although the card has a $300 yearly fee, it saves me about $2,000 in flight and journey costs each individual year. I also have the JetBlue credit card that racks up ample factors to address a number of flights per year.

3. Hire

4. Drinks after 8 p.m.

I’m a early morning individual, so pleased hour is effective perfectly with my routine. I appreciate to glimpse up happy hour specials at nearby restaurants and bars, especially when I’m traveling.

Taking in and ingesting earlier in the working day can slash the overall price tag of foods and beverages down to one particular-3rd of what it would be if you dine at 8 p.m.

5. Uber visits that are fewer than 3 miles absent