Financial Independence with Business as Accelerator
TLDR An SDE multiple tells you what a buyer might pay. It doesn’t tell you what reaches your bank account, or what that does to the date your money can pay your life. This page does all three, with one worked example. What is SDE? Seller’s discretionary earnings is the total yearly benefit one full-time … Read more
TLDR Every guide to owner dependency says it lowers your sale price. True. What they rarely do is turn that into the number an owner actually lives by: how many more years until the business, or what it sells for, pays your life without you. What is owner dependency? Owner dependency is the share of … Read more
TLDR Most answers to “should I sell my business” are about timing the market, cleaning up the books and finding a broker. All useful. Few of them tell you what the sale does to the one date you actually care about: the day your money pays your life without you working. The short answer Sell … Read more
A taxi driver, 47, retrenched during Covid, worked out he didn’t need to go back. He and his wife had paid everything down. Now he drives from 4am to noon and he’s done. Most people never find out what enough is. He did.
Locum and relief shifts are the default side income for pharmacists, but they’re more of the same job. The options that grow sell pharmacy knowledge directly: medical and health writing, tutoring and exam preparation, teaching, and consulting. Here’s how they compare and what to check first.
The most effective way to make extra money with a full-time job is to sell the skill you already use at work, directly, to a few clients, rather than taking a second job or a gig. Here’s why it pays more per hour, how to fit it around work, and what to check first.
To start freelancing, pick one skill you already use at work, one type of client who’d pay for it, and get three paying clients before you build anything else. Here’s the order, what to check first, and what it does to your finances.
Extra shifts are the default side hustle for nurses, but they’re more of the same job. The options that grow sell nursing knowledge directly: education and training, private care, consulting and teaching students. Here’s how they compare and what to check first.
The best side hustles for teachers sell the skill you already have, directly, at a rate you set: private tutoring, exam preparation, teaching resources and curriculum work. Here’s how they compare, what they do to your finances, and the first step.
Your FIRE number is your yearly spending divided by your withdrawal rate: at 4%, spending times 25. Most people stop there. Three things can shrink it a lot: spending that ends, income that continues without you, and money that arrives later.