Making the decision to quit your job to pursue self-employment is a tough one. You are leaving the world of comfort and familiarity (and a steady paycheck), for a world full of unknowns.[Read more…] about 5 Things to Consider Before Taking the Leap into Self-Employment
I've got 99 Problems but a side hustle ain't one! As any regular reader and email list subscriber knows, side income is my favorite way to improve anyone's personal finance situation. Budgets are important, but you'll rarely get rich budgeting. Real wealth comes from income, and every single one of you has the ability to earn more (unless you are restricted by a work visa while living abroad).
A few weeks ago in the private Personal Profitability Facebook group (join the email list to get the link instantly), a member of our community asked if I had a list of options to earn on the side. I didn't, so I got to work. Here is my list of 137 ways to earn from a side hustle. There are plenty of other ways to earn from a side hustle if you are creative and put your mind to it, but this list should be plenty to get you started.
Enjoy this infographic to see the list, and read on below for details on every single one of the 137 ways to earn your first side hustle dollar![Read more…] about 137 Ways to Earn Your First Side Hustle Dollar
I’ve been writing a lot about side income this year. It has been much of the theme of Personal Profitability in 2015. While looking over my financial results in QuickBooks today, I noticed I had hit a major milestone for both the year and my all time earnings. The milestone opened up a Pandora’s Box of reflection on the eight years since I started writing online, and the ways online side hustle income has changed my life.
If you regularly read my online income reports, you know that I make most of my online income from freelance work. While I love this blog, and it led to nearly all of my freelancing opportunities, my bread and butter online is article writing and website design and support for other bloggers and companies.
Along the way, I learned a lot about managing your hobby business professionally. In fact, I have come so far that I am going to speak at FinCon15 this fall on the topic at an “ask the expert roundtable” session! Here’s a preview of what I’ll cover, and how you can get started as a freelance professional from the get go.[Read more…] about How to Act Professionally as a Freelancer
Side hustling is the art of making extra money on the side, outside of your full-time job or main bread and butter. A side hustle can help you pay off debt, strengthen your emergency fund, and more. Essentially, side hustling can offer you more financial flexibility and thus more opportunities. In addition, side hustling can help you learn new skills, meet more people, and provide some fun outside the sometimes boring 9-5.
Let me ask you this, “How many sources of income do you have?” You may have actually never heard this question before because most people have just one! Perhaps you have a job at a corporate headquarters or a local factory, or maybe you work hard in an environment like a hospital or a veterinary clinic. No matter where you work though, what happens when you lose your job? What is your income? It's zero! No matter if your income was $500k per year or $25k a year, when you lose that job, your earnings suddenly heads down to nothing!