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Afford Anything | Make Smart Money Choices

How to Start Freelancing on the Side, with Carrie Smith from Careful Cents

Afford Anything | Make Smart Money Choices

Paula Pant | Cumulus Podcast Network

Entrepreneurship, Investing, Business

4.73.6K Ratings

🗓️ 25 July 2016

⏱️ 36 minutes

🧾️ Download transcript

Summary

#35: Carrie Smith enjoyed her full-time accounting job, but she wanted to make extra money on the side. Who doesn't, right? She landed a second job in a tax office, working 9-to-5 for one employer and 5-to-9 for the other. She earned decent money, but her schedule had no flexibility ... and she felt unhappy.  This needs to change, she realized. I need to make good money while also enjoying my lifestyle. Even though she had zero experience as a writer, she wondered if she could leverage her skills as an accountant into a new, creative field. She volunteered to write one or two tax planning articles for a client, just to test the waters. She enjoyed the work. She wanted more.  She started reaching out to websites and companies that might need tax-related article writing. She landed her first major client, Yahoo Finance. Then another. Then another.  After a few years, her freelance business grew large enough that she quit her comfortable accounting job. She's her own boss now.  In this episode, Carrie tells her story and offers advice for anyone who wants to earn extra money as a freelancer -- whether its a side hustle or a path towards quitting your 9-to-5 day job.   For more, visit http://podcast.affordanything.com Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

This is the Afford Anything Podcast, all about building a life that you love.

0:06.8

You can afford anything but not everything.

0:09.1

So what are you going to choose?

0:11.0

My name is Paula Pant.

0:12.0

I'm the host of this show and today we're going to talk to somebody who used to be an accountant,

0:17.1

but she started looking for ways that she could make money on the side.

0:20.9

Initially she got a second job doing more taxes in the evening, but then she realized

0:25.6

she wanted a more creative outlet, so she started writing it.

0:29.0

For the span of the next two years, she built up a clientele of websites that paid her

0:35.7

to write about taxes and other finance-related topics.

0:40.2

And after two years, her side business was doing well enough that she actually quit her

0:44.8

full-time accounting job to become self-employed full-time.

0:49.3

Now the reason that I want to talk to her today is because she shares a lot of information

0:54.4

about how you can start to earn money on the side, outside of your 9-5 day job.

1:01.4

This is called a side hustle and I firmly believe that everyone should have some type of

1:06.6

side income, even if you want to stay in your day job for the rest of your life.

1:11.7

It is wise to have multiple streams of income to diversify your income portfolio a little

1:17.0

bit so that if heaven forbid you lose your job, you've still got something coming in

1:22.0

the door.

1:23.0

So I invited her on first and foremost to talk about how she started making money on the

1:28.0

side and what lessons she could share with the rest of the audience.

1:32.2

And later in the interview, we also go into how she then transitioned into working for

...

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