Side hustles have been a part of my life since college.
Working as an unpaid music publishing intern, I easily could have gone into debt my first summer in Nashville.
But I immediately started waiting tables and selling beer at Titans Stadium.
Yup, I was one of those people with a bucket of cold drinks strapped to my back. Yelling in between plays from the aisles. Hawking peanuts and beer to moderately drunk football fans.
And I held onto that gig during my first couple of years in the music business. Because I was earning less than $30,000 and the side income helped cover my bills.
Once I started producing concerts around the country, I had to part with my side jobs. I was working 60-80 hours some weeks. And there was no time or energy for anything else.
But now that I've switched careers, I'm back in the saddle! And it's been fun to dive in. Here's how I earned an extra $10,681.71 this year:
And it was truly the world's easiest sell:
– Work from home.
– Make my own schedule.
– Company pays for my gym membership.
– Company covers my Internet bill.
– Plus, a weekly Doorstep Delivery stipend!
That's right — the company covered the cost of weekly sag paneer fix.
Sounds like a no-brainer, right?
I liked the gig so much I stayed for five months into my new job! And I only stopped once I realized working 20 hours a week on top of a full-time job was just too much side hustle.
Plus, I wanted to focus on Cashville Skyline and my own side business.
Shortly after I gave up my tech support gig, I started adding more freelance writing to my workload. And I've loved the flexibility!
Where have the jobs come from? Relationships I've built through this blog, FinCon, and social media.
There's a ton of writing work out there. Especially in personal finance! But I've definitely turned down some opportunities that don't pay enough.
Social Media Consulting
This summer, I added social media consulting into my mix of services. It's been really rewarding to share my expertise. And I've especially enjoyed working with financial advisors in the Generation X & Y space. Looking for some help? Drop me a line.
My blog is far from optimized for advertising. But I made a decision to focus on user experience and writing from the beginning. However, this income trickles in slowly and covers some of my business expenses.
I've just started adding select affiliates to the blog a few months ago. And I've stuck with quality products I really love. It's not a huge income generator, but definitely a worthwhile piece of my business.
Dividends from my taxable brokerage account are my favorite source of side income. Why? Because they are the only truly passive income I earn.
Every time a stock, index fund, or ETF pays me a dividend — even if it's only a few dollars — I get super excited. Because, someday, I'll be too tired for side hustles. But my money will still be working for me.
Why Side Income is Important
Between stagnant wages, inflated costs of living, and lack of job security, earning side income may help you achieve a financial piece of mind.
Is your emergency fund sufficient? Are you saving enough for retirement? Side income can help you reach your financial goals more quickly.
Readers: What are your favorite ways to earn side income?