Is Your Side Hustle Worth It? — Money Saved Is Money Earned

Pros and Cons to Hustle Culture

Pros

  • Increased income
  • Exploring passions or interests
  • Expanded social circle
  • Learn new skills
  • Increased exercise, change of pace, or other related benefits
  • May open new doors such as starting a business
  • May go from a side hustle to a full-time job

Cons

  • Burnout
  • Reduced social time or time spent doing things you love
  • Family or relationship strain
  • Health-related issues like stress, lack of sleep or exercise, or unhealthy eating

Things to Consider When Picking a Side Hustle

What Are You Good At?

What are You Interested In?

What are You Willing to Do?

How Much are You Willing to Work?

Is Your Side Hustle Worth It?

Time Cost of Your Side Hustle

Extra Costs or Things Associated with the Side Hustle

Goal of Side Hustle

Options Available

Moral of the Story

Tawnya Redding

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Money Saved is Money Earned

Money Saved is Money Earned

A frugal teacher and a financial analyst helping you unlock the secrets of the financial world!