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  • Diversifying your income can be a good way to prepare for an upcoming recession.
  • Insider spoke with entrepreneurs and early retirees about the lucrative side hustles they started.
  • Their side gigs range from career and résumé coaching to dog walking.

Just like you can diversify your investments, you can diversify your income. 

Having multiple revenue streams is an especially smart money move to make as the US sees layoffs at major corporations and heads into uncertain economic times in 2023.

Even if you feel secure in your job, having extra cash coming in could help you achieve your money goals quicker. 

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