ECONOMIC SILUET: 31-year-old makes $105,000 a month from her side hustle

Senin, 24 April 2023

31-year-old makes $105,000 a month from her side hustle

Monday, April 24, 2023

CNBC Make It Work helps you get ahead in your career.
By Ashton Jackson

31-year-old makes $105,000 a month from her side hustle working 2 hours a day

Just two years ago, Jasmine McCall, 31, worked as a resource manager at Amazon making $124,000 a year. Now, she makes nearly that same amount in a month as a YouTuber and finance expert, and works only two hours a day.

McCall thanks a YouTube video she posted in January 2021 for kick-starting her success.

"One day, I posted a YouTube video sharing how I went from a credit score of 495 to 820 — simply by disputing inaccurate information on my credit report," she says. "At the time, making videos was just a way to bring in $1,000 a month to help pay for child-care expenses. But six months later, that video went viral."

By May 2022, McCall was able to quit her full-time job to work on her YouTube side hustle. Her husband did the same soon after, and their work has paid off.

"From December 2022 to March 2023, we earned an average of $105,000 a month in passive income, mostly from digital product sales and YouTube ad revenue," she says.

McCall makes it all work by designating a different task for each day of the week: Mondays and Tuesdays for YouTube content, Wednesdays and Thursdays for partnership content, and Fridays for press and publicity.

"Choosing this life has been a bigger blessing than we ever could have imagined," McCall says. She helped her parents retire early and now gets to spend more time with her husband and son.

Get Ahead: 5 phrases that make you sound more emotionally intelligent at work

Emotional intelligence, or the ability to identify and monitor our own and others' emotions, is one of the most valuable workplace skills — but it can be one of the hardest to master.

Becoming more emotionally intelligent at work starts with clear, empathetic communication, says Emily Liou, a career happiness coach and founder of job search platform Cultivitae.

Here are the five most popular phrases people use to sound more emotionally intelligent at work, according to Preply:

"I appreciate you / your work"
"What can I do to help?"
"I hear you / I'm listening"
"What are your thoughts?"
"I'd love to hear more about [X]. Can we set up some time to talk?"

These phrases express empathy, gratitude, and show that you're eager to hear other people's perspectives — all skills that set high achievers apart from others.

This 28-year-old makes $130,000 a year as a foot archer

Orissa Kelly, 28, is a self-taught foot archer who honed her craft six hours a day, every day for six months. Now she earns $130,000 a year performing.

Bethenny Frankel shares the No. 1 negotiation tip that made her rich

When Bethenny Frankel joined the cast of "The Real Housewives of New York City," she had no business savvy and no money, she says — but she knew when a contract didn't feel right.

The reality TV alum agreed to a payment of just $7,250 for the hit Bravo TV show's first season, she said in a recent Instagram Reel. But Frankel didn't let the network take a percentage of anything she made on her own.

"Somewhere down deep inside of me, I understood conceptually, that [the percentage clause] was wrong, and that I was going places," she said. "And I was going to do something, and no one [else] was going to own any part of it."

That was in 2008. A year later, Frankel founded Skinnygirl, which was initially built around selling prepackaged, low-calorie margaritas. She sold Skinnygirl Cocktails to Beam Global in 2011 for an estimated $100 million, keeping the rights to the "Skinnygirl" name.

That's when the network realized they made a big mistake, she said. For Frankel, it was the power move that "changed my entire life," and taught her a valuable lesson.

"Play the long game," she said. "I read a contract, something didn't feel right to me and I took it out. So never assume anyone is smarter than you."