Unlocking Financial Success Through Programming Strategies

Chapter 1: The Importance of Discussing Money

While many shy away from conversations about finances, I find discussing money quite engaging. It's an essential aspect of our lives that we all navigate. If you feel similarly or have insights to share, I welcome your thoughts in the comments below.

You might be curious about my choice to pursue programming. The answer is straightforward: it provides me with greater earning potential, presents intellectual challenges, fosters logical thinking, and is accessible to learn for free.

Let’s dive into the specifics.

I don’t rely solely on one income stream; rather, I have multiple avenues, all interconnected through programming.

Section 1.1: Full-Time Employment

I attended an engineering college while simultaneously enrolling in a web development course on Udemy. My college curriculum included programming languages, data structures, and algorithms, which proved invaluable. However, I sought a deeper understanding of web development.

During my second year, I started landing clients for web design projects. By my fourth year, I applied for a web developer position and was successfully hired via LinkedIn. Given the high demand for developers, job hunting is relatively straightforward, although some experience and persistence are necessary.

In summary, I work as a web developer from 9 to 5, allocating about half of my income to living expenses and investing the rest.

Subsection 1.1.1: Passive Income Through Writing

Photo by averie woodard on Unsplash

With my programming knowledge, I've ventured into writing technical blog posts. I initially discovered this opportunity through a YouTube tutorial, which inspired me to share what I learned. My early writing was subpar, likely due to my inexperience.

However, after dedicating time to honing my craft, I've become a proficient writer with a readership that seems to appreciate my efforts. I've explored various platforms, but none have matched the potential I found in Medium, where I plan to reinvest any earnings.

Section 1.2: Entrepreneurship in Tech

I co-founded a business with a friend to assist clients in web development, branding, and marketing services. Remarkably, we turned a profit from our first month of operation.

We circumvent overhead costs like rent and product manufacturing by simply creating a website, purchasing a domain, and securing hosting. Our income is generated through our skills—crafting articles, building websites, and performing graphic design. My partner manages the marketing and design aspects.

Chapter 2: Diversifying Income Streams

In this video, "How to Make $10,000 A Month With Coding (Full Guide)," viewers can learn various strategies to leverage coding skills for substantial income.

Another insightful video, "How to Make F**k-You Money with Coding," discusses unconventional methods to maximize earnings through programming.

Section 2.1: Freelancing Opportunities

Initially, I utilized Upwork to secure freelance projects, and LinkedIn has also been a source of clients. Currently, I limit myself to 2-3 projects each month due to time constraints, sourcing these primarily from Medium or LinkedIn.

Section 2.2: Investing in Financial Markets

As I can't engage in daily trading, I prefer to invest a portion of my earnings monthly. I've read several books to enhance my understanding of the stock market and maintain two systematic investment plans (SIPs). My portfolio includes mutual funds and exchange-traded funds (ETFs), with dividend income reinvested.

Section 2.3: Exploring Cryptocurrency

I aim to develop crypto-related services while continuing my education in this field. Currently, I have investments in Bitcoin and Ethereum, which intrigue me. Additionally, I lend some USDT for an annual return of 12-14%. I've also invested in Dogecoin and Cardano, though I acknowledge some missteps.

Many may wonder about real estate investments. While I'm not keen on purchasing REITs, I do aspire to acquire land in the future, perhaps in a year or two.

Thank you for your attention!