Side hustles, are they necessary? Should you start one? We think they can be super lucrative and can be a great idea depending on what they are! Before we dive into why we thinking starting one is a good idea, it’s probably best that we define what exactly a “side hustle” is. You have your normal job, you know your typical 9-5 desk job (or maybe not desk job) that typically allows you to “get by” on all things adult life. A side hustle is a money making gig you have outside your normal job that helps bring it a little pop of income that allows you do a little more financially. A side hustle can look like a lot of different things, and we will get into different ideas of what you can do for a side hustle in our next post. For now, we will answer the why question. Why should you start a side hustle? Here are 5 reasons why we think it’s a great idea:
1. You’re in debt.
Are you an adult human? Then there’s a good chance you facing some sort of debt. Whether it’s student loans, a car payment, your mortgage, medical bills we all have somehow found a way to owe someone money back. Your 9-5 job can help with a lot of things but having a side gig will free you up more financially to attack your debt at a faster rate. Or maybe you don’t have a 9-5 job. In fact it’s a scary statistic, but 1 in 3 American’s don’t have a 9-5 job and are wondering how they are going to make ends meet. If this is you don’t panic this is huge reason why starting side hustles are awesome. They can be incredibly simple and help get money in your bank account so you can start getting you out of debt faster!
2. The cost of living keeps climbing.
No matter where you live whether it’s Florida or a different state it seems like the cost to live continues to rise. Mortgages and monthly rent is higher than it use to be, gas prices are on the rise and we all know buying groceries can be a pain. The money you make from your side hustle could easily go to things like rent or your weekly grocery bill allowing the other money you make to go towards other important things.
3. It gives you something to do with your free time.
Like we’ve mentioned in previous posts before, relaxing during your free time is super important, but what if you’re finding yourself with a lot of free time? Instead of binge watching Netflix for hours on in, start a side hustle! Wouldn’t it be way cooler to make some extra cash in your free time than rewatch The Office for the 5th time?
4. It’s a great creative outlet.
Maybe your primary job isn’t something you’re really interested in. If you go to work every morning and want to bang your head against the wall in boredom as soon as you clock in then maybe your main job isn’t allowing you to stretch creatively. It’s likely the side hustle you would look into starting would be something you’re good at. This allows you to get paid for something you’re good at creatively. Wouldn’t that be nice? Getting paid for something you love to do and are good at!? Is that not the dream?
5. You can delve into your passions.
Tying in with point 4 a little bit, starting a side hustle allows you to delve into your passions. What’s your dream job? Who says you can’t do it!? No one said you had to quit the stable job you have now to jump into your dream job right away. In fact, a lot of people’s dreams begin as the side hustle they can only devote a few hours a week to. But you know what, it’s starting something that counts. This is our favorite thing about side hustles. A lot of times they’re the small spark of our dreams that ignites into doing what we’ve always felt our purpose was.
Don’t be afraid to delve into your passions! We know personally it’s not something that can happen over night, but it can happen over time.
You just have to start.
Now that we’ve given you some reasons why you should start a side hustle, our next post will give you some ideas of side hustles you can start today!