Shape (Singapore) - - Shape Your Life -

Ready for a hard truth? No mat­ter how much you penny-pinch, you’ll be mod­estly rich – at best. And that’s af­ter go­ing through a life­time of de­pri­va­tion. We’re talk­ing no hol­i­days, no shop­ping, no hob­bies, not even Christ­mas presents (okay, maybe the $10 of­fice Se­cret Santa. Maybe.)

If you re­ally want to get rich, you need to widen the gap be­tween what you spend and what you earn. And the most ef­fec­tive way to do this is to start a side hus­tle. Yes, that means sac­ri­fic­ing your week­ends and evenings, and even pub­lic hol­i­days. The good news is, things are only dif­fi­cult at the be­gin­ning – that’s when you have no clients, no port­fo­lio and no idea what’s a fair price to charge. As you grow and es­tab­lish your client net­work, you’ll start to set­tle into your niche.

Don’t go over­board, though. The idea is not to throw ev­ery spare wak­ing mo­ment into your side busi­ness; ide­ally, aim for your side gig to boost your in­come by 30 to 50 per cent. Most im­por­tantly, save or in­vest what you earn. EX­ERT YOUR IN­FLU­ENCE

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