Has 2020 taught you that any job or business is prone to insecurity?
I NEVER thought that weddings would be regulated and shut down by a health department…but hey, welcome to 2020!
Forbes states that 40% of Americans cannot cover a $400 emergency expense based on their debt. This figure has made me even more passionate about side hustles, because often the cover emergency expenses!
Back when my photography biz was a side hustle, it covered a $1300 emergency expense (a dog surgery!) with a $1300 wedding payment that I received THE SAME WEEK. I’ll never get over that one!
Side hustles can cover more than emergency expenses; they can fund travel, juice your savings, pay off debt, or be your allowance money!
So, what is a side hustle? It’s a stream of income on the side of your main job or business. It’s often entrepreneurial in nature.
Should you start a side hustle? My default answer is always yes because I see how they have helped my family! But here are a few questions to ask yourself:
If any of those are yes, a side hustle could be a great option for you! Here are a few great options/ideas for side hustles that are easy and have a low-risk to start:
Those are just scratching the surface, but they’re a start! There’s no real down side to a side hustle; they make you more diligent with your time, bring in income, and add options to your budget. If you’ve been debating whether you should, GO FOR IT! 🙂
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