Originally posted by Gherkin05
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What's your side hustle?
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GLPL Insurance. I just created my own captive this year. Funded it to the lowest limits required, am covered by reinsurance on the back end, its a great tax shelter, and now my business is paying insurance premiums to me instead to some some carrier. Lets just hope I can keep losses to minimum like I have thus far.
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The wife and I both have the option to work numerous extra shifts at our current jobs. It’s not uncommon for me to add 40-60 extra hours to my schedule in a month. Heck, my goal in June is to work 250 billed hours verses a 90ish average work load for my peers. With flexibility in my income like that, I can’t justify a side gig.
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I tie flies.
Haven’t in a couple months, since we moved all my stuff is in storage but the money can be good. I have a couple shops I sell to and do custom orders for people (which is where the money is). Hopefully by sept/oct we’ll have a new place and I can set up again and work on selling some original patterns to one of the big companies. It’s something I really enjoy and do anyway so I worked to find a way to monetize it. DDF said to get a better job, I don’t need the money but having random cash to use for trips or hunting and fishing is nice and doesn’t have to be a line item in our budget
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