Smart Wealth Insider (1st Edition)

Welcome to Smart Wealth Insider

In today’s edition:

• Wealth tip of the week

• Wealth-building challenge of the week

• Deep Dive into building profitable side hustles

• And more…

This is approximately a 3-minute read.

Wealth Tip of the Week

“Invest in yourself. Your career is the engine of your wealth.

— Paul Clitheroe

Wealth Building Challenge of the Week

Track every expense.

For one week, record every single expense to identify spending habits. 

The goal is to increase awareness of where money is going and identify areas to cut back.

Let me know the results of this challenge by Saturday so I can give you a shoutout.

The Importance of a “Side Hustle”

If you’re stuck in a job that doesn’t spark joy, dragging yourself to work each day, and dreaming of more freedom? I get it. I’ve been there too. The truth is, you can break free from that 9-to-5 grind and create a life where you’re your own boss—and it all starts with a side hustle.

I want to share five key tips I wish someone had told me earlier—steps that helped me hand in my resignation and build a life of freedom. These tips are the blueprint for anyone who’s serious about turning their side hustle into a full-time income.

1. Believe You Can Be Your Own Boss

It sounds a bit cliched, but it all starts with your mindset. We’ve been conditioned to think we need to work for someone else to make a living, but that’s not true. If you believe that you can pay yourself a salary each month, you’re already halfway there. You don’t need someone else’s paycheck to control your financial future. Trust me, once you shift your mindset, everything else falls into place.

2. Choose a Hustle You’re Familiar With

Don’t jump into something just because it looks profitable—start with what you know! I picked eBay as my side hustle because I was already a customer. I knew the platform, what buyers looked for, and how to create a listing. If you love online shopping, maybe e-commerce or dropshipping is your thing. The key is to leverage what you’re already good at.

3. Keep Costs Low, Profits High

When starting a side hustle, don’t waste money on unnecessary expenses. The goal is to make money, not just spend it on fancy tools or services. Look for low-cost options like content creation or affiliate marketing that don’t require a big upfront investment. And guess what? You can even use free tools like AI to build a business without draining your wallet.

4. Commit to Daily Hustling

Consistency is everything! I worked on my side hustle every single day—before work, during lunch, and after hours. If you’re serious about making this work, you need to make time for it. Skip the distractions like Netflix or going out, and put that energy into building your dream life. The more effort you put in, the faster you’ll see results.

5. Think Bigger—Turn Your Side Hustle into a Full Business

Your goal shouldn’t just be a side hustle—it’s about creating a full-fledged online business. Once your hustle is generating income, think about scaling it into something sustainable, and remember, the journey from side hustle to full-time freedom is about taking consistent action.

Connect With Me

If you want to connect, reply to this email to let me know what you think or what you’d like to see moving forward.

I would love to hear from you.

Stay motivated,

Matthew Johnson

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