#6: J. Money says a hustle is "a way to make money on the side, but more of a passion project or something that is fun. You do it for more than just money.” Paula says it’s a “microbusiness". No matter how you slice it, a hustle is a way to make extra money doing activities outside of a normal J.O.B. Paula and J. Money share their stories of working on hustles to become the entrepreneurs they are today. Visit http://TheMoneyShow.co/06 for more information about hustles Learn more about your ad choices. Visit podcastchoices.com/adchoices

#4: Paula shares a confession. Then she redeems herself by sharing her gross monthly income. (Yeah. Listen from the beginning). Full show notes at http://TheMoneyShow.co/04 There are a variety of ways to invest in real estate: Flipping houses Buy-and-hold Tax liens Wholesale Income-producing rental properties (commercial and residential) Paula loves residential rental properties. Ask yourself: Do you want capital appreciation or cash flow from rental income? Paula puts a few guidelines in place to determine if a property is right for her. First of all, the monthly rent needs to be at least 1% of the total acquisition price. Example: A $100,000 home would need to rent for $1,000 a month. Why? Because roughly half of the rent is gobbled up by operating overhead: Taxes, Insurance, property management, and repairs/maintenance Paula offers much more valuable information in this episode and on her blog, AffordAnything.com.   Learn more about your ad choices. Visit podcastchoices.com/adchoices