HOW I MADE ~$13K WITHOUT WORKING IN 2022… without a job, real estate, or lifting a finger (except for a few clicks of my mouse)!
Last year, I shared that I socked away $30K in cash to fund my #sabbatical, and I just revealed on my blog how I lived on $27K in 2022 as a #globalnomad. So $30K minus $27K = just $3K left to work with, right? Not exactly.
PASSIVE INCOME ~ I earned $4.9K in dividends, capital gain distributions, and interest in 2022 — by letting my invested money work for me
TAX ADVANTAGING ~ I converted $7.7K in Rollover IRA funds to my Roth IRA, a process which, according to the IRS, creates “earned income.” Now, this isn’t *net new* money, this is money I made in an earlier year that has been in the market, growing. And even though a Roth conversion is a taxable event… I’m in the lowest income bracket so these years are a great time to convert! Now that the ~$13K has been explained…
MENTORING ~ I took on about a dozen paying clients who wanted personalized and dedicated 1:1 time with me to talk through the logistics or emotions of their #sabbaticals, #Mexicotrips or #solotravels. It was so rewarding to be up-close-and-personal with some of your journeys and I was really happy to help!
MY BLOG WAS READER-SUPPORTED ~ I received donations on Venmo/PayPal from my generous readers. THANK YOU SO MUCH for supporting my lifestyle, and valuing the content!
#SPON ~ I was gifted or discounted a handful of experiences/hotel stays through partnerships with companies such as @mexcovery and the #visitbudapest Tourism Board 🤗
Oh, and I DONATED PLASMA a few times too, which earns ~$110 each donation on average!
I go much more into depth on this on my blog:
Cheers to working smarter, not harder! 😉 #investing #personalfinance #financialindependence…(read more)
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