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Financial Freedom Report – March 2020

Financial Freedom Report – March 2020

April 24, 2020 By Kurt Henn last modified on January 1, 2023 Leave a Comment

This is the first in what will be monthly reports on my path to financial freedom. You can see more about financial freedom through that link, but suffice to say, I wanted to document exactly my progress towards achieving it.

Table of Contents

  • Real Estate Hustle
  • Health Business
  • Online Side Hustles
  • Further reading:

Real Estate Hustle

Rental Properties (1)

  • Gross Revenue = $1095
  • Expenses = $726.66
  • Net Revenue = $368.34

Health Business

  • Gross Revenue
  • Expenses
  • Net Revenue = $1164.68

Online Side Hustles

  • Gross Revenue = $0
  • Expenses = $300
  • Net Revenue = -$300

 

Total for March 2020 = +$1232.99

Goal of side hustle = $7300/month passive income (outside of regular income) through our rental properties.  $10,000 in active income from other side hustles.

So we were in the positive

Goals for next month:

  • Launch extra side hustle with wife
  • Launch consulting side-hustle
  • Launch individual sites for side hustle
  • Close on rental property #2

What do you think?  How about your side hustles?

Further reading:

Financial Freedom Report – April 2020 Finance Blogger Income Report – April 2020 Financial Freedom Report May 2020 Financial Freedom Update - December 2022Financial Freedom Report – December 2022

Filed Under: Financial Freedom, Financial Freedom Monthly

About Kurt Henn

Follow @40Finance

Kurt runs things around here. He is a professional real estate investor, media buyer, faithful Red Sox Fan.

Pursuing financial freedom while being a family man.

You can learn more about Kurt here, or get a hold of him on Facebook or Twitter.

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