Since I’ve started working, I’ve learned so many things. One of them is that many people make extra income besides their job, with a side hustle. There are many reasons to start your side hustle.
A side hustle is basically making extra cash without quitting your day job. For many, it’s the way you can pursue your big dream or a passion project without risking everything.
If you save more, you increase your savings rate If you increase your savings rate, you’re speeding up your way to financial independence.The salary from your day job is paying for all your regular expenses. This means you can save the majority of the money that you earn with your side hustle.
The great thing is that you can check whether there is demand in the market, without risking it all. When there is a market for it and you like it, you can always decide later to take this business idea to the market full time and go all-in on it.
Starting a side hustle can teach you the skill and consequently master it – you’ll be asking money for it which means that you should be at least performing above average.
A side hustle is a unique opportunity to do what you enjoy. It’s something where you can let your creativity flow since there’s no pressure at all. You can express your personality and create something that is close to your heart.
While it’s desirable to have your basic needs covered with your day job, your side hustle can give you the opportunity to divide your income. You don’t have to rely on only your day job for income and focus on other streams of income as well.