New to the Live Richer Challenge: Net Worth Edition? Learn more about it HERE.


Missed some of the Challenge tasks? Catch-up then come back…

Day 8: HEREWays to Increase Net Worth

Day 9: HEREThe Art of Negotiation

Day 10: HEREEntrepreneurship

Day 11: HERE: Investing


Week 2: Increasing Your Net Worth

Today’s Easy Financial Task: Choose a side hustle and take a step towards making income from it.

How to rock this task:

  • Learn the great impact side hustles can have on your net worth


Welcome to Day 12 of the LRC: Net Worth Edition, Dream Catchers!

We’re just about halfway through the Challenge. *high five*

On Day 10 of the Challenge, we talked about the benefits of entrepreneurship.

Becoming an entrepreneur has changed my life and is a career path that many find as rewarding as I do.

But if you enjoy your present career and want to bring in extra money, getting a simple side hustle can take your net worth into the stratosphere. Side hustles are anything you do on the side to bring in an extra source of income.


The Amazing Potential in Side Hustles

My friend, Sandy Smith, is the perfect example of someone who’s excelled at side hustling while still being a boss lady in the corporate world.

Sandy started an Amazon t-shirt business with an initial investment of $500 and earned $25,000 from selling on Amazon that same year!

The lesson here is, don’t feel stuck with your current income level. You have options!

Side Note: Did you know I have a school with a course on how to start your own side hustle? Sandy teaches an entire course on starting a home-based business in the Live Richer Academy! Yup, you read that right! Learn more about the Academy HERE!


Extra, extra bonus: If you’re interested in learning how Sandy set up her Amazon store specifically, she has a course for that too on her website. In the course, Sandy can teach you how to:

  • Start an Amazon store
  • Source products to sell
  • Find drop shippers
  • Maximize profits
  • And much more!

Learn more about her courses HERE.

Now back to this task!


The Hundreds Add Up to Thousands

It may take some time to build up your side hustle income, but it’s worth the effort!

Take something as small as an extra $200 a week (over 52 weeks) from a side hustle; like taking photo headshots for professionals and real estate agents.

That’s an extra $10,400 per year.

Sit back, close your eyes and think about it. What can you do with an extra $10,000+?!

  • Can you repay debt?
  • Can you invest that money in stock using the information you learned in yesterday’s task?
  • Can you put money into an emergency savings fund?
  • Can you put a portion of the money into your child’s college fund?

The possibilities here are endless!


Choosing a Side Hustle

Like entrepreneurship, the best way to choose a side hustle is sticking to what you know. However, there are a few tried and true hustles you can start if you’re not sure what to choose such as:

  • Babysitting
  • Buying and flipping items
  • Coaching or consulting
  • Dog walking
  • House cleaning
  • Housesitting
  • Personal training
  • Petsitting
  • Ridesharing and delivery services like AmazonFlex, Lyft, and Uber
  • Tutoring


In Sandy’s Live Richer Academy Home-Based Business course, she shares a post with us on 137 Ways to Earn Your First Side Hustle Dollar. There are plenty of side hustles in this post to consider.


Your Turn

Today’s task is for you to review different side hustle options.

We’ve put a big fat check mark ✔ next to that item on our “to do” list.

One more job for you.

Instead of just sharing what side hustle you want to do, I want you to also write down one step that you’re going to take TODAY to get started with your side hustle.

Some ideas:

    • Thinking of dog walking? Come up with 3 to 4 clients that you can prospect.
    • Want to do ridesharing? Sign up for Lyft or Uber to get started.
    • Considering housesitting? Think about how you’re going to price your services.


It may be a baby step, but it’s a step in the right direction!

Be sure to share what step you’re taking today in the comments below and with your accountability partners!

Don’t forget to tell a friend, sister, family member, boss, or co-worker about the Challenge before it’s over!


Share what you’ve learned today with your tweeps:

Today, I chose a side hustle to start! Day 12: #LiveRicherChallenge Click To Tweet


Live richer,



You can reach out to me here:

Twitter: @thebudgetnista

Instagram: @thebudgetnista

Facebook: The Budgetnista

Private Forum: Dream Catchers : LIVE RICHER


P.S. Don’t forget to get your free Live Richer Challenge: Net Worth Edition Starter Kit. GET IT HERE.

P.P.S. Here’s a copy of the Challenge Calendar. It’s a fun way to keep track of your progress.

LRC Net Worth Calendar

Want to work through the Live Richer Challenge: Net Worth Edition in a workbook? It’s part of a bestselling series!

Click the link below and get your copy.

My Lisa Rule: I have 4 sisters and Lisa is the baby (well she’s not a baby anymore). Of all of my sisters, I’m the most protective over her. Before I share any product or service with you, it must pass my Lisa Rule.

What’s the Lisa Rule? If I would not advise Lisa to use a product or service, I won’t advise you to. YOU are my Lisas. I feel protective over you and your financial journey.

Sandy’s course passes my Lisa Rule. Yes, I am an affiliate of Sandy, and I earn a commission from referrals, but I would not recommend a product or service that I didn’t believe was helpful and useful.

  • Veronica God’sChild W

    I’m considering going back to doordash. I’m also working on starting my blog.

  • Jamie Cheatwood

    I have started researching sites where I can freelance making spreadsheets for companies.

  • Jamie Cheatwood

    I faced my fears today and took 2 big steps. I signed up for acorns to start investing a little bit of money until I have a better understanding of investing. And I joined the live richer academy! I’m now a Dream Builder!!

  • Trici Coleman

    I have researched how to start my own shoe and tshirt brand and I must say I am extremely intrigued….I am also putting more energy into my blog.

    • Yay! Well done.

    • Adria Briscoe

      Did you research online? Or do you have any books or resources that you’d recommend?

  • Monica W.

    I’ll look into driving for Uber. I was told they’ll lease cars to you to do so. Also, did the Acorns referral code get fixed?

    • Good choice and no, still going back and forth with Acorns.

  • DrTia Harris

    I’m good with doing budgets and organizing things. I’m also good at project management and event planning. I’ll look into seeing where one of those can take me as a side hustle.

    • Sounds like you’d be a great asset to an entreprenuer @@drtiaharris:disqus . 🙂

  • Layla

    I’m setting aside money so that I can buy a masterclass session to improve my creative skills

    • Yes! This is great. Increased skills means you can charge more.

  • Thanks for the mention of my 137 side hustle ideas post! Cheers!

    • You’re very welcome @Er@EricRosenberg1:disqus ! It was a great post.

  • ducktapegurl

    I have two side hustles! I babysit for a friend and I help promote my neighbor’s book! Both are easy and the money really helps!

  • Diaminique Goodwin

    I will stop holding myself back and lean toward starting my Amazon store. Thanks for all the resources. I have no idea about Amazon stores.

    • Akilah Pruitt

      I’m with you here! I went to a 3-day Amazon workshop on becoming a professional amazon seller. Happy to share my notes and/or get to know each other professionally, as like minded sistah’s.

      • Diaminique Goodwin


  • Adria Briscoe

    Last week, I decided that I would take my blog more serious. Yesterday, I filmed a product review for my page!

  • Jeanette

    Several ideas come to mind after completing this challenge: Amazon store; Extended Day Program Consultant; Starting a Blog; STEM Program Coordinator…researching, meeting, praying and we’ll see where God leads me

  • Akilah Pruitt

    I used to want a Bookkeeping business years ago. However, what grabbed my attention most on the list was Tax Preparer & Amazon Seller. I recently took a 3-day professional Amazon Seller workshop (it was very informative!). And I just signed up for online tax preparation school (60 hrs to be completed within next 6 mos). I do grants & contracts management for a living (proposal review & submission & contract negotiation) so maybe become a consultant in the future.