First, let’s be clear on what a side hustle is:

A “side hustle” is additional income that is separate from your paycheck. It’s not a part-time job, it is something you have created, and it can be hugely gratifying. I have always recommended side hustles or multiple streams of income. I call it “financial protection.” A side hustle helps you build confidence and security, especially if you’ve always been an employee and have never worked for yourself. Even a small amount of extra income feels great because you made it happen.

WHY YOU NEED YOUR OWN SIDE HUSTLE

A side hustle can give you a level of financial insulation if you were to lose your job or become sick and cannot work your full-time job. A side hustle can be an online pursuit such as editing manuscripts and résumés, being a virtual assistant, or making money from a blog. So if you were to become unemployed, you would still have money coming in and that would enable you to continue to pay your bills.


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