March was…..odd. But in a good way! (It was my birthday month after all…) And it passed in a blink so I suppose I can’t complain too much Here’s 3 things that have been taking up a lot of my mental and spiritual energy this month.
Planning for Season 2 of Awkward Money Chat
I originally intended to begin filming “Season 2″ of Awkward Money Chat in January, and release the new episodes in March. Then December came and went and I realized that wasn’t realistic. I’ve been dragging my feet a bit about the second season because I knew I wanted to change up a few things, but couldn’t quite put my finger on what it was. So, instead of thinking about it, I pushed it off for another day. (more…)
L Bee Note: This post is by the kind folks at Taxportunity. Enjoy!
Unless you are married to or related to an accountant, there have always been two main ways to file your taxes.
Option 1: Do It Yourself – and Learn the True Meaning of Frustration
Online tax filing websites like TurboTax and H&R Block at Home seem appealing. In theory, they allow you to file your taxes without getting off the couch or turning off the TV. With no physical offices and fewer employees, they’re also cheaper than hiring a traditional accountant and filing in person. (more…)
This is the second in a three part series on How to Start a Side Hustle (see here for part one – “How to get started”.) If you’re going to earn money on the side (which spoiler alert: everyone should!) you’re going to need to leverage a few tools to make your life easier and scale your business. Below are a handful that I love and use (Disclosure: only one of these links are affiliates/referral links, and 100% of the items/products listed here are things I use myself that I feel comfortable recommending.)
5 Tools to Manage Your Side Hustle
I love Dropbox. I use it to back up all of my computer files, but I also create a separate folder for each client, so I always have a copy of their work, our contract, and any other important particulars ready and available. I’ve definitely always been a “keep a paper copy” kind of gal, but Dropbox makes it so easy to access and share files, I’m quickly becoming a convert. (more…)
L Bee Note: Since you guys are so interested in side hustles and earning extra cash, I am very excited to bring you something new- a series where I interview others who side hustle on their progress and how much extra $$ they bring in each month. It’s called “How I Side Hustle” and if you have a unique or interesting way of make money on the side- I want to hear about it. Just email me (lauren at lbeeandthemoneytree.com) and we’ll schedule an interview.
Today I’m interviewing Kat, author of the blog Hello Pre Nurse, and one of my successful blog coaching clients. When I first met Kat I was shocked to hear about how many “side hustles” she had, and I thought she’d be a perfect fit for the first installment of this series. Enjoy!
Tell us all about your background and what you do for work full time.
I’m Kat and a pre-nursing student at GSU. I am somewhat of a weird person as I don’t claim a nationality. I was born in Suriname, Grew up in Haiti and lived in Jamaica for 10 years. I hold two certificates to two of those countries. Before deciding to attend school full time. I worked full time as an Administrative Assistant for a major non-profit company. (more…)
Since it’s been nearly five years since I originally paid off the $10k in credit card debt I racked up in college, I think I’d forgotten just how difficult it is to pay off debt. After revealing that I was still in debt, and posting two great progress updates (See January and February), a handful of readers have written to ask if I had any advice for paying off debt, including a great question on how I’ve been staying motivated.
Even though I’ve chosen to pay off my debt in a relatively short amount of time (just 90 days!), I’ve still had to put forth more determination and focus than I’ve spent on anything (save for this blog) in a very long time. Here are 5 of my own suggestions for how you can inspire yourself and stay motivated on your own debt journey, whether you’ve chosen a more short-term aggressive approach, or a slow and steady pace.
March (in addition to being the month of my birth and the start of fabulous spring) is Women’s History Month. To commemorate the occasion, I wanted to list 9 Female Finance Experts to add to your rotation. After reviewing this exceptional list, you’ll begin to see how women are actively carving out a distinct voice within this traditionally male dominated niche, and that finance is no longer just for the boys. (more…)
L Bee Note: Loved this post from The Penny Hoarder, so I thought I’d share. I know ya’ll love learning about extra ways to make money!
So you’re ready to start earning more this year? Whether you want to be more aggressive about paying off student loans, dig yourself out of credit card debt, or save toward a down payment or vacation, making extra money on the side is a smart strategy for working toward your goals.
While you could simply get a part-time job, I’m going to focus on entrepreneurial ventures — side jobs where you control your time and rates. Instead of working the shifts you’re given for a set wage, you’ll be your own boss, deciding what you do, when you do it and how much you make.
Whether you’re thinking of starting a side business that could eventually become your full-time job or you just want to earn a little extra cash on the weekends, I’ve got you covered. How will you earn more money this year?
Freelance With Your Skills
Use the skills you’ve already developed — maybe even those you use at a full-time job — to earn extra cash on the side. While you’ll want to make sure you’re not competing with your employer (you can’t poach your company’s clients; read your contract to make sure you haven’t signed a non-compete agreement), you could earn a significant amount of money by working directly with clients.
You can start a freelance business with a huge variety of skills. I’ve outlined quite a few below, but there are definitely more options! (more…)
Last week I revealed in my February debt repayment update that in April I’ll not only be debt free, but that I’m leaving my current full-time gig to work for myself and run this blog full-time. After sending out the newsletter with the big news I got a handful of emails from folks congratulating me and asking how I was feeling.
Which made me think….how do I feel about everything that’s happened to me since the start of 2015?
Here are the three emotions I’ve been wading through since I put in notice at my full-time job.
This is an obvious one, but yes I am INCREDIBLY excited that I’m finally doing something I’ve dreamt of for the last two years. I’m excited to be the master of my own time, to be location independent, and to have the chance to spend more time on the projects that are closest to my heart. (more…)
At the beginning of the year I was $8,164.97 in debt (just see the widget in the sidebar for proof!). After spending the entirety of 2014 trying to pay back debt from my home renovation and failing in every possible way, I decided to come clean about my struggle with credit card debt.
And to keep myself accountable and motivated, I committed to my readers that I was going to pay off all of it by the end of Q1 2015. Yes, I committed to paying off in 90 days what I could not do in 365.
To do this, I calculated that I need to pay off $1200 every two weeks, or $2400 a month.
If I was able to save $400 from each paycheck for debt ($800 each month) I only needed to come up with an additional $1600 in side hustle money to hit my goal.
January was an incredible month for me in terms of side hustle income and paying off debt. (Read the full update here.) All told I paid off 48% of my debt for a total of $3,451.89 extra toward my debt in January alone.
So, how did I do in February? (more…)
Thanks for all the birthday wishes yesterday- you guys sure know how to make a lady feel special!
Now I want to give something back to you:
Shortly before the New Year, I unveiled my new “Grow Your Money Tree” tool kit to email subscribers new and old. It originally included just the e-book, but I’ve since updated it to offer my best spreadsheets and templates to readers. I want to bring more value to you while helping you grow your own “money trees” better, so rather than sell them, I’m giving it away for free.
Yes, yes. FREE, BITCH!
In this tool kit I reveal:
-The 3 Important Steps to Earning More Money
-How to Start Your Own Side Hustle
-Why Income Diversification is Important (& How You Can Start Doing It!)
Also included in the Tool Kit: