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Ask HN: What is the best income stream you have created till date?

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41–50 of 448 posts

Re: Ask HN: What is the best income stream you have created till date?

#41

Working at a FANG in software development has been pretty outstanding income wise. Much better than hustling a few different freelance/contracts/side hustles for me at this point in my life.

yep, ditto : save in earnest, in stock and 401k, and dividend stream from the shares alone can be very useful as a side cashflow.

Re: Ask HN: What is the best income stream you have created till date?

#43
post #10

Got a job and then married someone who also has a job. We go to work, make our money, come home and relax.

Same! Except my wife quit her money-making job to take care of our kids full-time. I go to work, come home, and spend time with my family. Every Friday my employer deposits about $1,500 in my account, which represents an income stream of about $6,800/mo, not to mention paying for my health insurance and putting about $100 in my 401k. All I have to do is show up for about 40 hours Monday through Friday. For a side hus…

Assuming average 3% inflation, your parents have earned an equivalent of about $3000 worth of today's purchasing power per month on average.

Re: Ask HN: What is the best income stream you have created till date?

#44
post #10

Got a job and then married someone who also has a job. We go to work, make our money, come home and relax.

Same! Except my wife quit her money-making job to take care of our kids full-time. I go to work, come home, and spend time with my family. Every Friday my employer deposits about $1,500 in my account, which represents an income stream of about $6,800/mo, not to mention paying for my health insurance and putting about $100 in my 401k. All I have to do is show up for about 40 hours Monday through Friday. For a side hus…

Congratulations on buying your house in 2015, it would be difficult to buy such a property at that price today without some large concessions on location or quality of the home.

However, I do agree with the sentiment of your post. It's a lot easier to live below your means as a way to grow income rather than to stretch yourself to try to make extra money externally. 40 hours at a well played, balanced job with low living expenses is truly a great path.

Re: Ask HN: What is the best income stream you have created till date?

#45
post #16

My partner and I created a very successful business in the UK out of selling mushroom grow kits and microscopy spores. We didn’t think there would be any market here because there weren’t any UK shops doing it. Then a couple of years later it took off and growing mushrooms became cool. In this time we learned how to run a webshop and navigate an industry where every payment processor dropped us - to the point where w…

I’m curious, why did every payment processor drop you? Did they see “mushroom” and assume you were selling psilocybin mushrooms or something?

Re: Ask HN: What is the best income stream you have created till date?

#46
My fiancee sells self-made art somewhat successfully for the last 9 months. I contribute by managing communication with buyers through FB Marketplace, Craigslist, and while we tried Etsy, it didn't do that well. We specifically target the mid-range market which means we price below top artists on Etsy/Instagram, but above cheap prints and generic Ikea style art.

It definitely requires a lot of physical work on her part and our spare bedroom is basically a pile of canvas, paint, plaster, and other supplies, but it has generated over $10,000 in revenue. We could optimize more and she could make prints of some of her better paintings, but she does it for fun and most of the money she uses for shopping (and I spend my share on triathlon gear!)

Re: Ask HN: What is the best income stream you have created till date?

#47
post #40
post #37

I made about $10,000 over a few years on Fiverr doing voiceover work. Then the algorithm changed and poof, no more orders, ever again.

Interesting, can you elaborate?

Yeah would love to hear about when + how it changed

Re: Ask HN: What is the best income stream you have created till date?

#50
post #10

Got a job and then married someone who also has a job. We go to work, make our money, come home and relax.

That’s what most people do, which is fine. However, since I’m only going around once, I’d like to find a different path.
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