8 Ways I Created Multiple Streams of Income


The trend toward a gig economy is real. A study by Intuit predicted that by 2020, 40 percent of American workers would be independent contractors. Whether or not the study proves to be correct, the 9-5 lifestyle just might be a thing of the past for you.


If so, what would you do if you never had to step into the office for a full day ever again?


Financial independence retire early (FIRE)


If FIRE is your goal, then it’s time to start moving. The journey to financial freedom takes effort. The key is to get crystal clear on why you are striving for FIRE. When the going gets rough, going back to your “WHY” will help you stay motivated and keep you on track.


My FIRE journey is far from linear.


There are many things I wish I did differently with my money in my 20’s and early 30’s. I made a lot of financial mistakes from not investing early to overspending on things I didn’t need.


Even as a business major in college, one would think I’d be better with my personal finances. I figured, all I had to do was make more than I spend. End of story.


Enough was enough.


It wasn’t until I realized how much I craved freedom from a cubicle that I started waking up to my beliefs and habits around money. And when I really couldn’t stand my job, I knew I needed to have an exit strategy.


Sometimes I stuck to this plan. Other times, I would just quit the next day without a Plan B. Not my best moment.


I ended up going back to the employer for my job back.


Since I was so frustrated with the 9-5 rat race, I wanted to achieve financial freedom earlier than the average retirement age. I knew I had more to contribute to society than what I was doing at my cubicle all day.


So I got clear on my “why.”


I wanted to be able to travel whenever I wanted, take a nap in the middle of the day, and have more time to do yoga. Most importantly, I wanted to be able to help others through sharing my financial lessons learned on a full-time basis without worrying about the bills.



I learned a lot of personal financial strategies the hard way.


Through trial and error, I’m living proof that financial freedom is within reach regardless of past financial mistakes. That’s why I’m sharing my top personal finance strategies to save you the time.


Yes, I’m sharing the secret sauce from who’s my personal accountant to how I got started earning money blogging on NotABondGirl!


Create multiple income streams.


There are many ways to have a side hustle these days. You don’t even have to start a business to do so. This includes freelance writing to renting out your car. I did both!


During my weekends, I taught yoga and wellness workshops at the local hospital. I also worked the front desk of a yoga studio at one point too!


8 Ways I Created Multiple Income Streams

  1. My 9-5 job

  2. Guest write for wellness websites

  3. Teach yoga

  4. Rent out my condo on Air BnB

  5. Rented out my car

  6. Invest in index funds (here's how i invest!)

  7. Answer online surveys (see below!)

  8. Run a blog biz: NotABondGirl (see below!)


There are a gazillion more ways to reach financial freedom. But you don’t have to do it all! Try out 1 or 2 that get you excited and go from there.


As with everything in life, the fun part is the journey, not the destination.


I got to experiment with different types of side hustles. I eventually got to get a feel of what I enjoyed doing and let go of the activities that were not as enjoyable.


What’s my fav?


I actually enjoyed all the 8 ways I created income. Well, not so much #1. But having a 9-5 job helped me learn a lot about myself and inspired me to do what I do today.


If I had to pick just 1 favorite method though, it would be running my own online business NotABondGirl. It has been the most fulfilling experience to help other women get their finances in shape and work towards financial freedom.


Want to make money blogging too?


I got started blogging for fun to share my personal finance tips. To finance this hobby, I enrolled in the Making Sense of Cents Affiliate Marketing Course. Within weeks of applying the strategies in the course, I was earning passive income!


I learned marketing strategies blogger Michelle used to go from $0 to over $100,000 per month on her blog. To learn more about these tips for making passive income blogging, check out the course here!



Resources I used to support my journey:


Achieving financial freedom can feel like a moving goal post. How do you know when you achieve financial freedom?


My personal goal was to create steady income streams to cover my monthly expenses in addition to having a 6-9 month emergency savings fund. Here are some helpful resources I used to get to know my financial status and stay on track:


Can I retire yet?


Personal Capital offers a free in-depth retirement planning calculator. Know exactly where you stand relative to your retirement goals.


You can also use Personal Capital to track your net worth, asset allocation, and portfolio performance. I like their holistic view to a unique financial picture. See how close you are to financial freedom here!


Don’t have time? Answer online surveys at your own pace!


The more you sign up with different companies, the more surveys you receive and more opportunities to make money. Here are a list of trusted survey companies that are free to join, free to use:

  1. MyPoints Surveys

  2. Swagbucks

  3. Prize Rebel


Looking for legit affiliate products to promote on your blog?


FlexOffers offers over 12,000 affiliate products. Whatever your business, FlexOffers likely has something for you to offer on your site. Start earning a few extra hundred dollars to see for yourself here!



Getting the biggest tax refund possible?


When April approaches each year, I sleep easily knowing that my CPA Amy Northard has ensured I received the biggest tax refund possible.


In fact, the money I save having Amy file my taxes more than covers the cost of her (very reasonable) service fee. Get her latest tax and bookkeeping tips or get in touch with Amy herself here!

Running your own biz?


Be sure you get on top of your bookkeeping and biz taxes! Get access to a CPA throughout the year. Amy also offers a membership site and online course on how to be the Chief Financial Officer of your biz. Check out the Be Your Own CFO program here!


Want to make money blogging too?



Through the Making Sense of Cents Affiliate Marketing Course, I was earning passive income on my blog within weeks! Ready to learn more about blogger Michelle’s tips on how to create a six-figure blog?


Check out the course lessons below!