The Cocoa Nomad Podcast

The 10% Rule is a 10 year path to replacing your full-time income, starting from scratch. I came across the rule in an article by Ben LeFort , on Making of A Millionaire (Medium)

Related Links

YouTube - https://youtu.be/djiEkWgwY9Q

Blog - https://thecocoanomad.com/2021/08/16/how-im-using-the-10-rule-of-side-income/

7 Streams of Income for 2022 

You can read the entire article here:

https://themakingofamillionaire.com/the-10-rule-6aab07e342c4

From the article:

If every year you can replace an additional 10% of your current income doing work you love, you can achieve financial freedom in no more than 10 years.

My return to full-time work combined with my side projects provides an opportunity to put this plan into action. As with any technique that I implement, I will be putting on spin on it. In this case, I’m going to apply the rule to multiple side projects to provide diversification and acceleration.

Affiliate

Wise (formerly TransferWise) Signup

The Cocoa Nomad Newsletter is now available!

With each issue, you’ll receive valuable information on working and living regardless of location. If you are interested in all things regarding remote work, subscribe at http://subscribe.cocoanomad.studio

I'd love to hear from you.

CONNECT WITH ME ONLINE

• Website 
• Twitter 
• Facebook
• Instagram 

ADVERTISER DISCLOSURE:

The Cocoa Nomad is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to www.amazon.com. Additionally, other referral links are included and this channel does receive compensation for sending traffic to partner sites. Shopping through our links is an easy way to support the channel and I appreciate and are super grateful for your support!