
“Financial independence is something everyone in the nation should be striving towards. The three pillars are the FIRE movement are reducing expenditure, raising income and investing in the difference.”“Harry and Megan need to stop using private jets and learn to live a more frugal lifestyle. Even though I am a millionaire, I drive a Skoda. Those of us in the financial independence movement learn to exploit and invest in assets. Clearly, the Duke and Duchess have many assets, including their celebrity, which could create some very strong income streams.”
1) Mint some fast cash
Many people on the road to financial independence sell family or household items that are surplus to their needs. A quick rifle through the drawers could reveal the kinds of knick-knacks that make some easy money2) Heirbnb
One excellent way of raising funds to get towards financial independence is to make money from your own home, also own as ‘house hacking’. Frogmore Cottage would be a hit on Airbnb.3) Royal Retail
4) One’s podcast
With millions tuning into Netflix’s The Crown, shows about royalty are big business. I’d expect user numbers for a Meghan and Harry podcast would be through the roof and super cheap and easy to set up5) Crown Jewels
Though Harry might choose to steer clear of the fancy dress route, there are many retail options. One idea is a jewellery franchise: ‘The Crown Jewels’,6) Harry.com
I believe The royal couple already have sussexroyals.com and online businesses are a superb way to become financially independent, being cheap to set up and maintain when compared with the costs involved with a high street presence. Some good online platforms would be an excellent launch pad for their entrepreneurial ventures7) Meg’s marriages
The royal couple have both specialist expertise and unrivaled contacts in the area of royal weddings. How many brides would love some advice from Meghan on how to have the perfect special day?8) The Royal Barter
One of the best ways to start a business on a budget, ebay would enable to royal couple to make a profit right from the start, without getting into debt. Meghan’s dresses and memorabilia could all help the couple make good money via the e-commerce website.9) Royal theme park
This would obviously need investment but there are so many options for a royal theme park: Windsorworld, Windsor Wonderland even Megoland Windsor. Rides could include corgi racing, teacups, a haunted Buckingham Palace, a shooting gallery with pheasants (or peasants), ‘it’s a royal world after all’. Naturally, all gift shops would have to include solar powered waving queens.10) Majestic marijauna
With much of their time spent in the US, Harry and Meghan will be able to take advantage of opportunities to cash in on the popularity of the British royal family in the US. With cannabis now legalised in many states, their own brand would be able to stand out with some canny marketing. A premium cannabis brand could be named ‘The Royal Highness’.Share this story