Go Get That Side Hustle
Time flies and before you realize it BOOM-its already mid-January that means the first month of the year half over and if your New Year’s resolution was to improve your finances and you’re using the budget tool that we posted last week - now you need to improve the out “Top-Line”- meaning the amount of money you bring in each month and you got to get busy NOW! Remember when I say you I really mean you and me both!
By having clarity about and understanding our monthly spending plans we know how much additional money we need each month. The most common mistake you can make is not knowing how much you need the side hustle to net or yield you each month. Set an earning goal for the side gig each month and once you achieve it, enjoy it.
A lady I know was dealing with childhood trauma issues and as a result, she was overweight and her self-esteem suffered. One day she finally became sick and tired of being sick and tired so she committed to joining a “Cross Fit” gym. If you don’t know what “Cross Fit”- is Google it - trust me it ain’t Zumba! But it isn’t cheap either. She signed up to drive for one the ride-share companies. She knew that she needed $400 a month to pay for the classes. She only drove until she earned the $400- this way her life stayed in balance and she could keep the commitment she made to herself.
Set a goal - Set a plan - Work your plan.
There are a lot of different side hustles if you need ideas - just Google “Side Hustles” or “Side Gigs” a lot of good articles will pop up from reputable publishers. Driving other people might not be your deal but if you're doing your own grocery shopping maybe you can do it for one of the online services operating in your area. Just stop and think about it.
There’s a sweet older couple that lives around the corner from me and they take in Asian exchange students every semester. They have space in their home and the students mostly study and keep to themselves. I know this because one day I noticed the student entering the back door and I called my friend and she told me all about it - who’d ever guess these old white people in my neighborhood had a side hustle!
Here are some guidelines:
- If it seems shady it is shady.
- If you have to buy a starter kit so you can go sell the stuff - you’re the only customer.
- If it makes you slightly uncomfortable- Don’t do it.
- Write a list of 20 things you’re good at and brainstorm it with a friend in the same situation.
- Have a stated clear purpose for the money, set a plan to earn how much you need and go earn it.
NOW GET GOING AND DO IT, NOW!