Multiple Income Streams

Amsterdam

Today, I want to share something I’d call a regret — though I hesitate to use that word, as I believe it carries a powerful negative weight. Until I find a better term, let’s call it a regret for now. I feel like I started exploring alternative income streams a bit too late. Yes, today’s topic is all about multiple income streams!

Like most people, I graduated from university with dreams of finding a job and achieving financial independence. Even though I briefly considered staying in academia, the idea of having my own income pushed me into the workforce. And by “workforce,” I mean a traditional, salaried job. Despite having plenty of project ideas during university, I lacked the confidence and vision to pursue them. So, as soon as I graduated, I found myself as another cog in the corporate machine.

The years flew by — I hardly noticed how quickly. At one point, I was working so much that my friends and family often criticised me for it. But what was I working so hard for? That’s a deep topic, and we could spend hours analysing it psychologically. But not today!

Putting aside the psychological reasons for overworking, I was working for my companies. Dear employers, I was always your most loyal employee. I gave my days and nights to make sure you thrived and profited.

Then one day, something clicked, and I remember questioning myself: What am I doing? If I’d worked this hard on something of my own, I’d be in an entirely different place by now.

This realisation happened about seven years ago, and it marked the start of a new phase in my life. I began dreaming — dreaming with my husband, Savaş, about starting our own project, our own business. Shortly after, I embarked on what I call the second chapter of my career: my journey in London.

Although I had different dreams for London, once I arrived, I found myself caught in the same cycle of job hunting and employment anxiety. I couldn’t help it — I was addicted to being an employee, a corporate “slave” (excuse me, I mean “worker”). The years in London passed, and I always found something to keep myself busy, though I never lost myself in work the way I had in Istanbul.

The turning point for me came recently. By “turning point,” I mean the global economic crisis and the way companies have treated their employees in its wake. Overnight, mass layoffs were announced — coldly, as mere numbers, with no regard for the lives affected. I was disgusted. It felt like layoffs had become an easy escape for companies plagued by poor management.

This was a wake-up call for me. I realised I couldn’t remain indifferent anymore. I started taking action, making small but meaningful changes in my life. And now, I’ve come to a sobering realisation: the so-called “financial freedom” I thought I had was just another form of dependence.

Of course, I understand that we need stability to a certain extent. I’m not dismissing the realities of the country and environment I grew up in. I’m not ashamed of what I’ve done — it was simply adapting to the system. I’m not even suggesting you quit your jobs. But I do want you to recognise a harsh truth: even if you don’t leave your job, one day, your job might leave you.

That’s why I firmly believe everyone needs multiple sources of income. Not just one, but several. It doesn’t matter how much they bring in initially. Don’t underestimate the value of small earnings. You might think, “Why bother with a few pounds here and there when I make thousands at my day job?” But as you keep going and put in the effort, those small streams can grow significantly.

Over the past few years, I’ve made small attempts at generating extra income. While they don’t come close to replacing my salary, I’ve found immense joy in these projects. And I must admit, I’m proud of myself for not giving up and constantly seeking new ideas. Everyone needs a little recognition, right? 😊

Here are some extra income ideas you can explore:

• Develop your own projects if you’re in software. Focus on how to monetise them — advertising revenue is a great place to start.

• Invest in the stock market. While our society is somewhat late to the game, investing builds financial awareness and teaches you how to manage money effectively.

• Host workshops in a subject you’re knowledgeable about. It’s a great way to deepen your own understanding while sharing it with others.

• Start a YouTube channel or create a podcast about a topic you love. Consistency is key.

• Sell online. There are countless e-commerce platforms — start with one and see where it takes you.

  
  

The list could go on, but if you’re serious about it, I’m sure you’ll find a few options that suit you. Whether you’re employed, a fresh graduate, or recently laid off, always remind yourself to invest in yourself and your own ventures.

If you have any ideas for extra income sources, share them in the comments! Until next time, take care! 😊