This post is an update on my side income. In my previous post, $1500 per month from my side income, I talked about my side income and how much they are bringing me per month. In this post, I will share an update on those side incomes after about a year into them.
First and foremost, my rental income. As most of you are aware, the rent in Singapore shot up quite a bit post Covid. Well my rental income went up as a result of that as well. The previous rental rate of $2800 went up to $3400 per month. So after subtracting all the expenses and my wife's share, my rental income went up from $1000 to $1300 a good 30% increase. However, with government ramping up housing supply, I would expect the rental rate to soften this year and next.
Secondly, ecommerce. I have added some more products into my store and it had increased my sales...