Create Multiple Income Sources to Achieve Your Financial Goals

Share this post on Social Media:


A big theme of my blog is creating sustainable passive income sources to achieve financial freedom. But many of you might be thinking, ‘How do I create active income to fund my passive income source aspirations?’ 

If you live in North America, you probably have a full-time job, based on current unemployment rates. That doesn’t mean you have a fulfilling career or are pursuing your passions, but my hope is to get you there in the right direction. 

The first thing you can do to free up cash (to fund a passive income stream) is to create a household budget or re-visit your budget with the income you already make. Your goal should be to use the money you have left over (after expenses) towards investments that will pay you back. Read My 5 Rules for Creating a Budget Here

Whether that is: Dividend-paying stocks, real estate investments, ETF’s, etc.; the way to get wealthy is by making your money work for you. Always pay yourself first. That means, if you own an iPhone, think about also buying Apple stock. If you use Facebook and believe in their vision, buy Facebook stock. Make Commission Free Trades at M1 Finance. 

Second, if you need more income to achieve your long term financial goals, start making money with a side hustle. 

A great way to generate active income on the side is freelancing. Freelancing is easier than ever with sites like Fiverr, who offers a platform for both freelancers and customers to connect for a variety of services. 

You can provide services in the following categories: 

  • Graphics & Design
  • Digital Marketing
  • Writing & Translation
  • Video & Animation
  • Music & Audio
  • Programming & Tech
  • General Business Services 
  • Fun & Lifestyle 

Become a freelancer here or find a freelancer who can help you set up your digital business. 

The great feature about Fiverr is that most jobs start at $5. That price will go up once you find a collaborator you want for future work. 

It’s a great way to use your skills to help others and make some extra cash. 

Another great side hustle you can start by using your existing talent, knowledge, and experience is Career Coaching. Read my blog post about it here.

Find out how you can become a Certified Career Coach 

The point is, pay yourself first and fund multiple income sources to create sustainable wealth. 

Earn up to 2.15% Interest with a Savings Builder account from CIT Bank

Let me know what you do to make your money work for you. 


Share this post on Social Media:


Leave a Comment

By submitting this form, you are consenting to receive marketing emails from: Layupforlife, 55 Glendale Rd, Boxford, MA, 01921, You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Never Miss a Post!

Please enter a valid email address.
Please check the required field.
Something went wrong. Please check your entries and try again.

Find Us

For Business Inquiries and Sponsorship opportunities reach me at


About this Site

My goal with this blog is to provide insights and tools that our educational system fail to teach us and show you how to navigate this modern world, become financially secure, and be your best self!


Blog Post Categories


Blog Stats

Signup to receive the Get Rich Playbook


You will receive occaisional updates from Layupforlife to help grow your wealth.


No thanks, I don't want to learn