millennial finance

THE ULTIMATE GUIDE TO CHOOSING A SIDE HUSTLE THAT SUITS YOU

I get it.  You have searched all over the world wide web for a side hustle but it’s been a conundrum choosing the ”right one”. Don’t fret. It’s entirely normal.

When you choose a side hustle, it’s best that you choose one that fits you. Why?

In spite the fact that you need a side hustle real bad, the wrong choices have massive consequences. If you haven’t experienced already, here are some possible outcomes of a wrong side hustle decision.
-You ditch the side gig half way because you weren’t interested in the first place(you chose the side hustle by the money factor only). That is a part of your precious life wasted.
-You realize that the side hustle needs more time or money than you can handle. After giving it a chance for months.
-You discover that the side business wasn’t a viable idea in your community in the first place.

How do you avoid these financial setbacks? By choosing a side gig that suits you, one that you’ll enjoy and also earn some extra cash. That sounds too good to be true, right? Wrong. This compilation of questions will narrow down your side hustle decision through self-scrutiny. Let’s get real!

1.Do You Have A Hobby You Can Monetize?

YES,

Hobbies can be anything. Painting, coding, writing, caregiving…you name yours. The success rate of monetizing a hobby is just huge. Hobbies can make you money by either entertaining or actually producing tangible products.

You can coach people on what you love and make crazy cash you never thought you would. Making money through your hobby is a never-ending opportunity. You just have to research options and customize them to your liking. Go to #3
NO
Go to the next question.

2.Are You An Expert In A Certain Field?
YES
How are you not having a side hustle then? Just as you gained expertise, someone is waiting for you to teach them. Create courses, tutor interested parties whether online or offline and sell your services however way an opportunity presents itself. If you are good at your current job, it means you can figure out and provide solutions to the common problems people have in your niche. Use that knowledge to channel in earn extra income. Go to #3
NO
Go to #4

3.Do You Have Spare Time For Your Side Hustle?
YES
Then you are good to go. All you need is extensive knowledge about your side hustle before you start.
NO
Go to #4

4.Are you ready to share your stuff to make some money?
YES
You might not have a hobby or expertise, at least not yet. What if you do but you have no extra time for a side hustle? Do you have an extra room you can rent? Put it up on Airbnb and earn some extra bucks. You can also create a delivery business which has a specific timing. That means after work you get to deliver stuff to your clients. Am I the only one seeing the multiple sides hustle choices you can have in this case? Assess your assets. What options do you have for making extra cash?
N0
Go to #5

5.Do You Have Internet Connection?Image result for online work
If you do you can check online side hustles that do not need much skill or time like surveys and affiliate marketing on social media.

There is always something for everyone when it comes to side hustles. If you have a day job that cannot accommodate all these five options and you still have sincere personal finance strains, it’s high time you look for another job or entirely quit the employment sector.

Ok, my promise of giving out the ultimate side hustling choice guide is not over. You should check out Things To Consider When Choosing A Side Hustle, then proceed to Side Hustling Ideas and make an informed choice. Good luck!

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