7 months ago
107
What if you could become wealthy while only working two days a week? It sounds like an idyllic scenario, one where you’d be free to do things that you love without working yourself to the bone.
As it turns out, working only on weekends isn’t just a pipe dream. Experts say it’s within your grasp with the right strategies.
Find Out: 4 Ways the Middle Class Can Make an Extra $500 a Week From Home
For You: 9 Easy Ways To Grow Your Wealth in 2024
Steve Templeton, CEO of PracticePro 365, recommended focusing on strategies that generate passive income. “As weekend workers, individuals should concentrate on generating investment income,” he said.
Here are some of the top ways to become rich by working less.
Earning passive income doesn't need to be difficult. You can start this week.
Real Estate Side Hustles
According to Dennis Shirshikov, head of growth at Summer and professor of finance at City University of New York, real estate — particularly short-term vacation rentals — is a prime example of a wealth-building opportunity that can be managed on weekends.
“Platforms like Airbnb allow property owners or managers to generate passive income without the need for daily oversight,” he said.
You could own a property or partner with owners as a property manager, handling bookings, cleanings and guest relations exclusively on weekends.
“Even with just one or two properties, this can yield significant profits,” Shirshikov added. “In fact, many part-time property managers earn more than full-time employees in other sectors, simply by optimizing operations during peak weekend times.”
Explore More: 22 Side Gigs That Can Make You Richer Than a Full-Time Job
Investing in Dividend Stocks
Investing in dividend-paying stocks is another strategy for building wealth on a weekend schedule.
“This doesn’t require constant attention — researching companies and building a diversified portfolio can largely be done during weekend hours,” said Shirshikov.
The key here, he explained, is focusing on high-quality companies with reliable dividends. “Over time, compounding those dividends and reinvesting them can lead to substantial wealth accumulation.”
He noted that investors who dedicate time on the weekends to staying updated on market trends and adjusting their portfolios accordingly can set themselves up for long-term financial gains, all without the grind of a traditional 9-to-5.
E-commerce and Online Businesses
Shirshikov observed that building an e-commerce business can be a highly lucrative weekend project as well.
“Whether through dropshipping, creating a brand, or leveraging platforms like Etsy or Amazon, weekend hours can be spent sourcing products, handling customer service, or fine-tuning marketing efforts,” he said.
