Welcome back to Friday Faves!

This is our second edition and today’s fave posts are all based around freelancing and/or having a diversified income stream. Having a diversified income stream is something that is talked about a lot around the personal finance blogosphere and these posts will all help you realize why.

Do You Have to Spend Money to Make Money? – Sprout Wealth – This is a great post that talks about where you should try to keep your overhead costs as a small business owner and when/if it’s worth it to hire on some additional help.

Shopping for a Living? 3 Steps to Mystery Shopping Income – Smart Diversified Income – In this post, Jesse talks about how you can actually earn money to do one of my favorite activities – shopping!

Ways to Earn Extra Income Part 1 – Making Sense of Cents – This is an old but a goodie. It has lots of ideas to help you get started to earning some extra income on the side.

January 2015 Side Hustle Income Report – L Bee and the Money Tree – I love seeing reports from bloggers about how much money they are able to make on the side each month outside of their day job.

Make Extra Money: Rent Your Parking Space – Make Money Your Way – This site has lots of articles about how to make extra money and there are some pretty unique ideas on there too. This post talks about how you can make money in some cities by renting out your parking space to others.

Our Personal Finance Work:

Aaron and I aren’t slackers. Both of us are constantly working and writing for a variety of websites about personal finance. Here are just a few places you can find some of our latest works.

Should Elderly Drivers Have Their Licenses Slowly Taken Away? – Cheap Car Insurance – Sometimes elderly drivers can be scarier than brand new teenage drivers. But does that mean that the elderly should eventually have their licenses taken away?

The Real Savings of Making Coffee at Home – Add-Vodka – In case you missed this post on our site this week, go back and read it now. Aaron breaks down exactly how much money you can save by making your cup of Joe at home instead of hitting up your local Starbucks.

Distinguishing Between Needs and Wants – The Jenny Pincher – Needs and wants are different for different people. Plus sometimes it’s hard to draw the line between needs and wants when it comes to things like food, which is a need but that doesn’t mean you should be able to go on a spending spree or go out to eat everyday.

Bad Debt vs Good Debt – Smart Asset – In my first post for Smart Asset, I talk about the difference between bad debt and good debt, and if it really matters at all.

Friday Faves: Diversified Income Edition is a post from: When Life Gives You Lemons. Did you like the post? Follow me on Twitter, like me on Facebook, or hop on over to my blog and leave me your feedback.