Once you’ve grabbed your employer 401(k) match, your next move is simple: fully fund your individual Roth IRA.
For 2025, you can contribute:
• $7,000 if you’re under age 50
• $8,000 if you’re 50 or older
That’s roughly $600–$700 a month. And yes — you can earn the extra money. Two evenings a week cleaning an office, a small weekend side job, or a simple service-based hustle can generate $500–$1,000 a month.
And here’s the secret: with a small business or side hustle, we can often write off home office, auto, phone, computer, and equipment — meaning the first $1,000 a month you earn can be nearly tax-free.
This is why side hustles build wealth so quickly: you earn more and keep more.
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