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This 37-year-old quit her job and now makes $10,000 a month in passive income: ‘I wanted to be my own boss’

By | Jannese Torres | www.cnbc.com

In 2013, I was working as an engineer and making $80,000 a year. But I felt unfulfilled by my job, so I started a food blog called Delish D’Lites.

Shortly after, I was laid off from my job. At the time, it felt like a setback. But it was actually the start of something great, because it made me realize that I didn’t want to rely on just one income stream anymore.

So I continued to work on my blog, even after I got another full-time engineering position. I set aside time to post once a day, sharing recipes inspired by my Puerto Rican heritage. And within three years, Delish D’Lites had grown to 15,000 monthly readers — enough to create a profitable brand.

While growing my side hustle, I developed a deep interest in personal finance. In 2019, I started a money podcast called Yo Quiero Dinero to share my experience and help other people build wealth.

Today, at 37, I have 10 income streams, including blog and podcast ads, affiliate marketing, speaking engagements, digital course downloads and brand partnerships. Combined, they bring in an average of $35,000 a month in revenues — $10,000 of which is in passive income.

Last year, I began earning enough passive income to quit my 9-to-5 and run my side hustles full-time. That decision paid off: This August, I made more than $1 million dollars in total revenue since starting my entrepreneurial journey. 

Here’s my best advice for anyone looking to create multiple income streams and achieve financial independence:

Click here to read the full article

Source
www.cnbc.com
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