687: Practical Money-Saving Tips for the Financial Feminist

Income Streams

Tori Dunlap emphasizes the importance of diversifying income streams, both for individuals and entrepreneurs. She highlights the power of passive income, such as high-yield savings accounts and investments, which allow money to grow without constant attention 1. Tori shares her personal experience of earning money while she slept, describing it as an empowering moment 1.

I remember the first time I made money while I slept. I was like 23. And I remember looking up on my bank account at 07:00 a.m.

--- Tori Dunlap

Jenna Kutcher adds that having multiple revenue streams is crucial, as relying on a single source is too risky 2.

   

Side Hustles

Rethinking the role of side hustles, Tori Dunlap challenges the glamorization of hustle culture, noting that for many, a side hustle is simply a necessity 3. She argues that societal support is more critical than multiple jobs for financial stability. Tori also discusses how diversifying income can reduce dependency on a single source, offering security if one stream fails 3.

You don't need a second source of income. You need societal support.

--- Tori Dunlap

She shares her journey from personal coaching to creating workshops and courses, demonstrating how to leverage skills into scalable, passive income opportunities 4.