View Single Post
Old 01-17-2023 | 02:31 PM
  #39  
rickair7777's Avatar
rickair7777
Prime Minister/Moderator
Veteran: Navy
 
Joined: Jan 2006
Posts: 44,895
Likes: 689
From: Engines Turn or People Swim
Default

Originally Posted by SonicFlyer
A side hustle isn't just for extra income, it should also be for diversification reasons in case one loses their primary source of income. Insurance only goes so far.
Yes. I've had several things going on over the years, some on the back burner.

But the trick is finding something that doesn't consume your life (unless you REALLY enjoy doing it), and has benefits over just picking up premium trips (such as being home at night).

Mil reserves has historically been good... it pales in comparison to airline opportunities today but that wasn't always the case, and what goes around will likely come around. If you're just off AD, stay in the reserves even if it's a low-key non-flying admin gig.

Rental property can be a big PITA, I mostly outsource the management even if it means breaking even... intent is to own it all free and clear by age 65, don't really need income now.
Reply