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Check Out My Latest Project – Sprout Wealth

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Sprout Wealth

Happy Tuesday all! I gave our usual Tuesday writer, Cat the day off to share some exciting news with you. Just as an aside, this day off couldn’t come at a better time as Cat had the babies on Sunday – she and the bambinos are doing well! 🙂

You may remember back in January I shared some of my goals for this year. They included personal goals like getting in better shape as well as different ways we plan on growing our business and Frugal Rules this year.

Well, one of the goals I was sort of keeping to myself was the launching of a new site, along with my good friend Grayson of Debt Roundup – Sprout Wealth. After several months of work and brainstorming that goal is now a reality as we officially launched Sprout Wealth yesterday!

If you’re a regular reader of Frugal Rules, then you’re likely well aware of Grayson as he is a staff writer for me here on Wednesdays. Over the past year, we’ve come to see that we have many similar goals in terms of online work and that is basically what brought Sprout Wealth to be.

What Is Sprout Wealth About?

 

At first glance, the name Sprout Wealth might seem a bit odd, but it’s quite simple really. Our goal is to help readers find ways that they can increase their wealth, grow their income, or expand their assets with talents and skills they already have.

It can be easy to fall into the trap of thinking that the only way you can increase your net worth, or simply make money, is through a paycheck. While that does play an integral role, it only scratches the surface. If you’re reading this post, then I’m quite confident that you have skills or talents that can be monetized. Below is just a sampling of the ways you can do so:

  • Tutoring
  • Coding
  • Freelance writing
  • Consulting
  • Dog walking
  • Mystery shopping
  • Selling things on Ebay

If you take a look at the list, you’ll see that the possibilities range from the mundane to more advanced. The point is, there are many ways to earn extra income – you just need to look for it and be willing to put in the time and effort to do so. Speaking from personal experience, I was able to harness extra income to help me pay off debt faster and I know it did for Grayson as well.

We use it today to fund different things included in our budget and accomplish some of the financial goals we have. That is also not to mention the fact that it was a side gig that my beautiful wife started nearly five years ago has turned into our business – so you never know where the journey of earning extra income will take you. 🙂

Beyond that, our goal with Sprout Wealth is to teach readers how to use different tools available to them to make them money. This will include things such as investing to things like credit cards. Yes, I said credit cards, because even they can be a tool, if used wisely, that can be used to make you money.

Anyway, there you have it. Now for my shameless plug and asking you to check out our new site – Sprout Wealth. If you like, you can also follow us on Twitter or like us on Facebook. We have a few posts up on the site now and will be busy loading it with more content, posting on Tuesdays and Thursdays in the beginning and likely expanding from there.

 

What ways do you earn extra income? What are you doing to grow your wealth?

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John is the founder of Frugal Rules, a dad, husband and veteran of the financial services industry whose writing has been featured in Forbes, CNBC, Yahoo Finance and more.

Passionate about helping people learn from his mistakes, John shares financial tools and tips to help you enjoy the freedom that comes from living frugally. One of his favorite tools is Personal Capital , which he used to plan for retirement and keep track of his finances in less than 15 minutes each month.

Another one of John's passions is helping people save $80 per month by axing their expensive cable subscriptions and replacing them with more affordable ones, like Hulu with Live TV.

Latest posts by John Schmoll (see all)

52 Comments

  • Dee @ Color Me Frugal says:

    That;s awesome John! I love the new site’s logo, by the way. Lately we have been going around the house listing things to sell on Ebay in order to make a little extra cash and just get rid of some stuff. I’ve got an Ebay app on my smartphone that makes it super easy, all you have to do is walk around the house snapping pics and typing in some info and it’s listed!

    • John says:

      Thanks Dee! We do the same basic thing with Craigslist and am always amazed by what people will buy off of us.

  • Catherine says:

    Huge congrats guys! I can’t wait to check it out!

  • Retire Before Dad says:

    FR,
    The new site looks great. Nice concept to build from. Good luck launching and growing.
    -RBD

  • Clarisse @ Savvy Scot says:

    I really want to start an online business, selling some clothes and shoes. Maybe after a few months, I would make my own FB page for my business, social media is very helpful now, especially Instagram and Facebook plays a really big role now.

    • John says:

      That sounds like a great idea Clarisse! You’re right, if you can harness social media for it I’ve seen it do quite well.

  • Kay says:

    That sounds great! I’ll definitely check it out. Best of luck on the new site!

  • Liz says:

    Congrats on the new website. Looks like you two are off to a great start. As far as growing wealth goes, we are slowly building up our investments in ETF’s and mutual funds. Not a get rich quick scheme but over the last three years, the investments have grown steadily.

    • John says:

      Thanks Liz! That’s a great way to approach it Liz, especially when you have a long term view of things. πŸ™‚

  • DC @ Young Adult Money says:

    I checked out the site yesterday and I really like the concept behind it. I blog, do spreadsheet consulting, and rent out part of our house for side income. I have been focusing mainly on the blog recently as I figure out how best to outsource things so that I can start a second site and/or pursue spreadsheet consulting again.

    • John says:

      Thanks DC! I like the diversity you have going on there since it allows you to make cash from different sources.

  • Stefanie @ The Broke and Beautiful Life says:

    Congrats on launching the new venture! And Congrats to Cat!!!

  • Grayson Bell says:

    What a great looking site John! Who can’t be excited about this? πŸ˜‰

  • Michelle says:

    Congrats on the new site! I don’t do anything for extra income now, but I am looking into some possible offline side hustles πŸ™‚

  • Michael Solari says:

    That’s great news! I wish you the best of luck!!

  • Holly@ClubThrifty says:

    It looks awesome, John! Great job!

  • Amanda @ Passionately Simple Life says:

    Congratulations on the new site! I really don’t have any specific side hustles, but I’ve thought about getting into tutoring. The best part is that we live in a college area which means an endless supply of students!

    • John says:

      Thanks Amanda! That sounds like a perfect opportunity! I bet the college even offers jobs for that if you wanted to try that route.

  • Raquel@Practical Cents says:

    Congrats on your new project. I’m sure it will be a success!

  • Lauren says:

    Good luck with the new project! Love the logo design- the site looks great.

  • Andrew@LivingRIchCheaply says:

    Congrats! It looks good. I’ve got the frugality skills down pat…but earning side income/extra cash…I would love to learn a thing or two. Looking forward to reading more.

    • John says:

      Thanks Andrew! I’m still learning about it myself and have been doing it for years, so looking forward to more focused learning.

  • Shannon @ The Heavy Purse says:

    Congrats again to you and Grayson! I love the concept and know it will be a huge success for the both of you! So many people think earning extra money is impossible or has to be doing something awful and it doesn’t have to be that way. Great topic and one I”m sure many people need! πŸ™‚

    • John says:

      Thanks much Shannon, that’s the hope & plan! πŸ™‚ I agree, many think it’s impossible to do. While it can and does take work, it’s certainly achievable though.

  • Laurie @thefrugalfarmer says:

    SUPER excited about this site for you guys, John. Great stuff over there – congratulations. πŸ™‚

  • Kim says:

    Best of luck with the new site. I think it’s a great idea.

  • Cat Alford (@BudgetBlonde) says:

    Love the new site! Love the logo and the whole idea behind it! Also thank you for the shoutout! :))

  • MoneyAhoy.com says:

    John,

    Sounds like an awesome project! I really like the logo and the site layout/design. Good luck!

  • Shannon @ Financially Blonde says:

    I commented on Grayson’s blog too, but I am really excited about this new site and what you have to share with us about making more money. πŸ™‚

  • Mr. Utopia @ Personal Finance Utopia says:

    Seems like a great idea…something that will be well-received and in demand. It’s nice to see bloggers who have “made it” so to speak continuing on and expanding/growing to new heights. I’ll be sure to check Sprout Wealth out.

    • John says:

      Thanks Mr. Utopia! I agree that it’s something that should be well received as who doesn’t want to make more money? I don’t know that we’ve “made it” yet, but I’m happy to expand. πŸ™‚

  • Ryan @ Impersonal Finance says:

    Congrats! I’ll be sure to add it to the list!

  • jefferson says:

    Awesome idea, John! I am always looking for new ways to grow my wealth!

    You do a fabulous job over here, so I know this new site will do well.
    I will add it to my blogroll!

    • John says:

      Thanks Jeff, we appreciate the support! I am as well and figure plenty of others do as well, so hopefully it sees some success.

  • Syed says:

    I happened to see the site a few days ago had no idea it was your brainchild. Very cool. I’ve actually been focusing on advancing in my company by creating contacts and relationships with those above me. Not only am I learning a lot but I’ve been considered for (and accepted) a promotion. All because of a few email conversations!

    • John says:

      Thanks Syed! Yep, it’s me & Grayson working on it together. Very cool on the promotion! It just goes to show you the power behind some targeted networking.

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