29-Year-Old Who Makes N166 Million Every Year From Fiverr, Owns 3 Properties

29-Year-Old Who Makes N166 Million Every Year From Fiverr, Owns 3 Properties

  • 29-year-old woman who rakes in over N1000 million writing on Fiverr says she has six streams of income
  • Alexandria Fasulo said she made her first six-figure income 2018 writing press statement, blog and website content for clients
  • According to her, she has acquired about three properties where she earns extra income and covers her mortgage

In 2018, Alexandria Fasulo hit her first six-figure year as a freelance writer on Fiverr, the gig platform, where she earned about N124.5 million in revenue, writing press statements and content for websites for her clients.

Now 29, Fasulo says she has six streams of income from freelance writing, influencer sponsorships, eBook sales, course sales, ad income and affiliate revenue.

Fiverr, Alexandrria Fasulo
Alexandrria Fasulo
Source: UGC

In 2021, she made more than N166 million in net income.

Why she diversified her income

According to her, she realised that like any freelancer in the gig economy, she cannot count on making the money forever. As she sometimes spends on food, entertainment and travel, she saves and invests massively to shore up her net worth.

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She says she owns three properties in her home state of Florida worth about $1.2 million.

Things she does not spend money on

In order to live her dream life and still save most of what she makes, she listed five things does not spend money on.

Fasulo said she does not splurge on designer clothes and hands. She shops at thrift stores, So, rather than buying new designer clothes and handbags for thousands of dollars at a time, she spends less.

She adopted the rule of not spending more than $2,500 every year on shopping.

She takes subsidised flights through her credit card rewards. Her card accrues travel points whenever he spends on food and travel.

He bought her first property where she currently lives in March last year. She bought an investment property in October 2021 and another one in March 2022.

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Fasula said she has long-term tenants on rental properties whose rents she uses to cover her mortgage and homeowners association levies.

The entrepreneur said she does not spend on drinks after 8 p.m as she is a morning person, saying that eating and drinking earlier in the day cut her total cost.

The freelancer said if a destination is within three miles, she will walk it and exercise in the process and save about $30 on Uber rides. She applies this rule also when she travels.

Woman makes N8.3 million organising other peoples homes online

Meanwhile, Legit.ng has reported that a woman seem to have made a business out of the whole thing as she is now in hot demand.

Dani Prado moved from Brazil in 2014 with her husband to the US because of her husband’s work. The 42 year old woman was a marketing manager for several years in Sao Paulo but when she moved to the US, she thought of doing something new.

She said she has always dreamt of having her own business and when she thought of what she loved and good at, she knew she liked organising homes and could offer that as a service. Prado started taking courses and reading books on the subject and started her own business in 2015, Go! Organizer.

Source: Legit.ng

Authors:
Pascal Oparada avatar

Pascal Oparada (Business editor) For over a decade, Pascal Oparada has reported on tech, energy, stocks, investment, and the economy. He has worked in many media organizations such as Daily Independent, TheNiche newspaper, and the Nigerian Xpress. He is a 2018 PwC Media Excellence Award winner. Email:pascal.oparada@corp.legit.ng