The Side-Hustle Formula: How Much Money Do You Actually Need To Make The Leap

I’ve been searching online a lot lately for a clear, simple formula for how much money I will need to leave my day job and pursue my “side-hustle” full time.

Some of the pieces of advice I’ve seen are

When all of your expenses are coveredWhen your side hustle is making exactly half of what you make from your day jobWhen it replaces your full income + 6 month emergency fundNever (just keep both!)

Useful Sources: One  Two  Three  Four

My goal with publishing, and now online teaching (at Faithspring...