Diversifying Income: Overcoming Job Loss and Embracing Financial Independence

I was having a wonderful life with an established consulting career, a loving family and a son. All areas of my life was booming. I decided to make my move for career growth to Dubai and I was showered with an amazing salary and a high standard of living. Everything was going so well. Then Covid wave descended on earth devastating millions of people’s lives physically, emotionally, and financially. I never thought I will be a target too. A day arrived when i received an abrupt video call from the HR of my company and she said “Sorry, we will have to let you go”. I was totally shattered to hear these words after 18 years of a stable career. Shoot, so it happens in everyone’s lives. It is just like a stock that rises, becomes overpriced and then has to do a correction. Well, although I was devastated, it brought me down to earth and I started thinking, How can I rely one single source of income for my entire life? I only knew and was trained to grow up, study and spend time in the office and work as much as you can. There was definitely something missing. I learned it the hard way. I came back to Mumbai and started looking for a job and thankfully was able to work in my old company. However, this incident shook me from the root and my goal changed from working hard for one source of income to finding multiple ways of earning money! In this blog, I will write the different ways I explored and keep exploring to make money and help you live a life of financial freedom and not a life of debts and loans:)