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Jack Raines (We/Them/Boys). You Writing Young Money: the best finance blog you've never heard of. Edit... 1d A high salary is no longer enough if you want to get wealthy; you need side hustles and diversified income streams. Let me tell you how I made $100,000 from a side hustle last February. On February 12th, New York City's mayor Eric Adams announced an incentive to boost Covid vaccination rates in the city: $100 for anyone who gets vaccinated by the end of the month. Thanks to the US using paper vaccine cards, there was no database tracking who was and wasn't vaccinated. I smelled an opportunity. For the next 16 days, I got 63 Covid shots every single day. This was a total of 1,000 Covid shots in 16 days, which really wasn't that hard given NYC's 2,600 pharmacies. In March, thanks to my hard work, I received $100,000 from Eric Adam's office. My friends asked if I had any negative side effects. To their surprise, I felt fine. I actually felt healthier than normal. Plus, while most people will need an annual Covid booster, I won't need a booster shot for the next 1,000 years. Vaccines compound, baby. Look it up. $100,000 for 16 days of work is incredible ROI, and I helped keep my community safe in the process. Opportunities like these are rare, but you have to capitalize on them if you want to successfully build wealth. Follow me for more wealth-building tips such as this. e Aadil Khan and 1,884 others 219 comments. 22 reposts

Covid Vaccine


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Jack Raines @Jack_Raines - 20h Earlier this summer, I started selling furniture from Airbnbs on the Facebook Marketplace. So far, I've made approximately $42,000 from my new side hustle. Anyone else tried this? As many of you know, I enjoy traveling. But traveling, especially traveling extensively, has one problem: it costs money. And unless you had a fully- remote job, it was always difficult to sustain long-term travel... until now. A few months ago, I rented an Airbnb in Ft. Lauderdale, Florida, with several of my friends from college for Memorial Day weekend. While we had a blast on our trip, my credit card statement on Sunday morning gave me an existential panic. I had spent $5,400 in 72 hours. (bottle service at Miami's Club Space isn't cheap!) As I stared at my credit card, pondering how I would possibly pay off this month's balance, a novel idea began taking shape in my mind. I glanced around our Airbnb and realized that I was surrounded by furniture. Furniture that someone might pay a lot of money for. I snapped a picture of the dining room table, uploaded it to Facebook marketplace, and wrote "dining room table + 6 chairs available for $600! Must pick up today." Within an hour, the table was gone, and I was $600 richer. I quickly repeated this process with the outdoor pool furniture, grill, beds, couches, and televisions in the Airbnb. By the time I Ubered to the airport for my flight home, I had $6,500 in my wallet. My trip, where I spent $5,400, actually returned a positive ROI! I have since repeated this process in San Diego, Washington DC, and Denver, making between $5,000 and $8,000 per trip, depending on the size of the house and the quality of the furniture. And before anyone says, "This is theft! You should go to prison!" I would like to highlight that Airbnb has host insurance, so the hosts actually benefit by getting *new* furniture. It's a win-win for everyone, except maybe Airbnb corporate. 283 t643 7,373 ılı 2.1M : ↑
Jack Raines @Jack_Raines - 20h Earlier this summer, I started selling furniture from Airbnbs on the Facebook Marketplace. So far, I've made approximately $42,000 from my new side hustle. Anyone else tried this? As many of you know, I enjoy traveling. But traveling, especially traveling extensively, has one problem: it costs money. And unless you had a fully- remote job, it was always difficult to sustain long-term travel... until now. A few months ago, I rented an Airbnb in Ft. Lauderdale, Florida, with several of my friends from college for Memorial Day weekend. While we had a blast on our trip, my credit card statement on Sunday morning gave me an existential panic. I had spent $5,400 in 72 hours. (bottle service at Miami's Club Space isn't cheap!) As I stared at my credit card, pondering how I would possibly pay off this month's balance, a novel idea began taking shape in my mind. I glanced around our Airbnb and realized that I was surrounded by furniture. Furniture that someone might pay a lot of money for. I snapped a picture of the dining room table, uploaded it to Facebook marketplace, and wrote "dining room table + 6 chairs available for $600! Must pick up today." Within an hour, the table was gone, and I was $600 richer. I quickly repeated this process with the outdoor pool furniture, grill, beds, couches, and televisions in the Airbnb. By the time I Ubered to the airport for my flight home, I had $6,500 in my wallet. My trip, where I spent $5,400, actually returned a positive ROI! I have since repeated this process in San Diego, Washington DC, and Denver, making between $5,000 and $8,000 per trip, depending on the size of the house and the quality of the furniture. And before anyone says, "This is theft! You should go to prison!" I would like to highlight that Airbnb has host insurance, so the hosts actually benefit by getting *new* furniture. It's a win-win for everyone, except maybe Airbnb corporate. 283 t643 7,373 ılı 2.1M : ↑
Why Should You Read Young Money? "You (Jack) remind me of me 15 ars ago... Keep going, because it's to go somewhere incredible." Message Josh Brown CEO, Ritholtz Wealth Management Jack Raines (We/Them/Boys) 3rd Curator of vibes Writing Young Money for 43k readers Editing Exec Sum: Litquidity's finance newsletter Got deported from Norway in November 2021 Message *** Talks about #memes, #satire, #careers, #investing, and #shitposting New York, New York, United States Contact info Join 43k Young Money Readers! 29,228 followers 500+ connections . "@Jack_Raines is the best new writer on the internet." More Austin Rief CEO, Morning Brew "Jack's style is like Tim Urban and Morgan Housel had a baby." Katie Gatti Tassin Founder, Money with Katie A Litquidity 4 Columbia Business School litquidity media
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Uploaded Aug 03, 2023 at 04:55AM EDT

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Jack Raines

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Youngmoney

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