loveNlucky

30 by 30 Rule to Start Today

I was scrolling through Facebook and came across a post by the Woke Salary Man called 30 over 30: A financial goal to start working towards by the time you’re 30.

I read the article and it really piqued my interest because what the Woke Salary Man said is something people need to work on during COVID-19 “When you turn 30, word towards having 30% of your income from sources outside your daily job.” and that stuck with me.

As a person in my early twenties who is so lost about what to do and where to go in life, this is something that I can work towards. I’ve always loved watching my savings grow and have recently forayed into finding ways to diversify my income.

“When you turn 30, word towards having 30% of your income from sources outside your daily job.”

The Woke Salary Man

So not knowing the specifics, but having a general goal that anyone can work towards is something I or you can do. The Woke Salary Man went on to say “Our suggestion is that your side hustle should be something that your main job can benefit from. That way, you can also use this to get a more lucrative job in the future.”

This sentence here stuck with me because I’ve always viewed side hustles and side incomes as extra ways to make money, but never really thought about them as a way to advance in my career.

“Our suggestion is that your side hustle should be something that your main job can benefit from. That way, you can also use this to get a more lucrative job in the future.”

The Woke Salary Man

I think this is great advice because:

  1. You are using the skills you already have.
  2. You will be gaining more experience from your side hustle.
  3. You are putting yourself in situations that you’ve never been in before and how you deal with them can improve your performance back at work.
  4. You gain more skills that you can use to advance in your career or foray into another field.

The Woke Salary Man created a chart that summarizes how much you side income you should make (30%) based on how much you bring home. I encourage you to check out the article yourself.

Something I realized why reading this article: I liked that the author uses an analogy to illustrate this 30 by 30 rule. First, he introduced the rule in a straightforward way that the audience can understand. Next, he uses his country, Singapore, as an example to show how this rule applies to how Singapore is handling food security. Then, he relates this example back to the 30 by 30 rule to make the connection between Singapore and side hustles. Last but not least, he offered examples of how the audience can apply the 30 by 30 rule to their job and side hustles. The article was clear about its attention, easy to follow, and actionable advice.

Thank you to the Woke Salary Man for always churning out content that is understandable, relatable, and actionable.

Disclaimer: I post content about articles or blog posts that pique my interest that I want to comment on. Links and URLs I insert into these posts are in no way affiliated with the original author.

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