As part of this document, I created monthly income targets that I hope to achieve through multiple income sources. I would love for these to come from passive income sources, but I know I will have to put in the time and effort this first year to build the systems that will turn into passive income.
Now, why am I doing this now?
Well, I’ve been building my blog, YouTube channel, and Etsy shop since February 2021. As of May 2022, I also started writing and publishing on Medium, which I hope will help contribute to the overall income each month.
This past year, I’ve been living in Norway, but my contract ends June 15th. Then, I have 6 weeks before I start my new job. 6 weeks of precious time to build my business and create habits that I can sustain once I start full time work again.
So, here is my side hustle income goals table to scale to $10,000 a month by the end of June 2023:
Why the June 2023 goal? Well, first it aligns with my new job contract. The new position starts August 1st and goes through the end of June 2023. Therefore, if I am able to make $10,000 per month on my side hustle, then I don’t need to take on another full time job.
Also, I’ve been a student almost my whole life and my calendar has been an academic calendar. So the timing is perfect for how I’ve been conditioned to set and achieve goals.
As I planned each month, I tried to account for a steeper learning curve in the beginning. But, as I become more consistent with producing content (and hopefully better at it), I plan to see the income grow. I have experience using platforms to make money working from home, and I’m confident with dedication, I can make the income planned.
So, make sure to follow along and subscribe to this blog to see how I do. Each month, I publish a breakdown of my side hustle income sources and let you know if I reach my goal!