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If you’re looking for ways to increase your income so that you can reach your financial goals, starting a business has probably crossed your mind once or twice. Not only will a business become an asset but it can become an integral step in helping you reach Financial Independence.
Timika Downes talks about her journey to starting a lice clinic as a side hustle in addition to working her full-time job as a nurse. Now, her lice clinic makes 6 figures a year and has afforded her a life of options and more freedom. This is an inspiring interview for anyone who wants to increase their income and start a side hustle.
Here are the main topics we cover in this episode:
- Timika’s background
- Her job
- How she grew up frugal
- The importance of saving
- Her lightbulb moment
- The methods she used to pay off debt quickly
- How she became intentional about paying off debt
- Her next step towards FI
- Her mission to save as much as possible
- How she decided what she wanted from life
- Why FI is about having options
- Her business
- Her path to different businesses
- How she started her lice clinic
- How she built a business within her means
- The importance of validating a business idea
Plus we talk about so much more!
I'm listening to episode 30 of the #journeytolaunch podcast, Timika's Journey To Financial Independence & Earning 6 Figures in Her Side Hustle Click To Tweet You can either spend money on a depreciating asset or a business Click To Tweet Financial Independence is about having options to choose what you want to do with your life Click To TweetOther related blog posts/links mentioned in this episode:
- ChooseFI Facebook group
- Dave Ramsey
- Mad Fientist
- Radical Personal Finance
- Leave me a voicemail– Leave me a question on the Journey To Launch voicemail and have it answered on the podcast!
- Watch me on News12 Watch my latest segments on News12
- My One on One Money Coaching Services – Get my personalized 1on1 money coaching expertise to help you reach your financial goals
- YNAB – Start managing your money and budgeting so that you can reach your financial dreams. Sign up for a free 2 month trial of YNAB, my go-to budgeting app by using my referral link.
Connect with Timika:
- Timika’s blog –The Reluctant Frugalist
Connect with me:
- Journey To Launch Instagram
- Journey To Launch Twitter
- Journey To Launch Facebook Page
- Join the private Facebook Group
