6 Figure Salary? How I Did It and Why You Should Too
If you haven’t heard of the term ‘side hustle’, you’ve probably seen it. It’s everywhere and it has been for a while now. The rise of side hustles has led to an increase in their popularity among job seekers and people looking for extra income. How can you take advantage? You need a side hustle to pay your bills, right? There are plenty of reasons why everyone needs a side gig. Let’s take a look at some of them:
Side Hustle To Pay The Bills
The dream of getting a 9-5 job and making a nice, hefty salary each month is very appealing. But with the constant competition for the few available jobs, the idea of quitting your current one to start a new career seems impossible. But don’t fret, there’s an easier way to make money while you’re waiting to find your next gig. It’s called a side hustle. A side hustle is basically an extra source of income that you can do on the side while you’re not looking for a full-time job. You can find a side hustle that will let you make a little bit of extra money each month that can pay for your grocery bill or cover your monthly expenses. There are plenty of options for getting started with a side hustle. You can always start with what you have around the house or with an idea you come up with.
Side Hustle For Debt Reduction
Consolidating debt is a smart move if you’ve got a lot of bills to pay. One way to tackle this is to get a side hustle that lets you make some extra cash. A good example is eBay selling. You can make money by reselling items that you already own, such as clothes, books, toys, or even tools. Besides selling online, you can also sell your items at a garage sale, or through a community-based online marketplace. You’ll have to do your research to find a price point that would attract buyers, but you should be able to make a few hundred dollars each month if you make the effort. There are also several online courses that can help you improve your skills and increase your income. You can even create a course that teaches someone how to do a certain kind of work that you do that you can sell for profit. You can make money by teaching online, doing admin work, blogging, and more.
Side Hustle As Emergency Fund
If you’re someone who has to constantly scramble to make ends meet, a side hustle can be a great way to create an emergency fund. You can set up a side hustle that will let you earn a consistent income, like selling items on eBay. You can also look for items that are for sale by other people or companies and buy them at a discount or wholesale price and sell them at retail prices. Another way to create an emergency fund is by creating your own product or service. You can create a course that teaches people how to make money online, do freelance work, or provide services like dog walking, cleaning, or home repairs. Another option is to create an online business. An online business gives you the freedom to work from anywhere in the world and be your own boss. It also gives you the flexibility to choose how you want to make money and when you want to make it.
Side Hustle To Grow Your Skills
A side hustle can help you build skills that you’ll need later in life. For example, you can start a side hustle to improve your writing skills by writing articles for websites or blogs. Another way to build your writing skills is by contributing to online communities where you can discuss topics that interest you. With time, you’ll start to notice your writing improving and you can celebrate this every time you post on forums. A side hustle can also give you an opportunity to gain experience working with people. If you’re looking to break into the corporate world, working at a company that you run under a different name is a great way to learn what you need to know. Because a side hustle can be a way to build your skills, it’s important to choose a side hustle that you’ll enjoy doing. Otherwise, it could become a distraction from your main goals.
Side Hustle To Build New Freelance Work portfolio
A side hustle can help you build a new freelance work portfolio. Once you have a few clients, you can add their names to a spreadsheet that you keep on your computer. This way, whenever you see a job posting for a certain skill set, you can quickly look up the person who hired you and send them an email letting them know you are available for work again. There are plenty of websites that let you post your services and charge a monthly fee. A good example is Fiverr where you can post your services and charge $5 per order.
The benefits of a side hustle are endless, and they don’t have to be hard work. All you need to get started is an idea and some elbow grease. Start small and find a way to make money that doesn’t require a big investment of time. If you’re lucky, you might find a side hustle that will help you pay your bills and save money on the side.