Benefits of Having a Side Hustle

Hi, I'm Jacqui! Have you noticed lately that everyone is selling someting on the side? And why not? We all like extra cash in our pockets, especially if it’s from something that we love. Whether a side hustle involves using tech skills, selling photos, or skin care, it can be a great way to build an additional revenue stream.

The extra cash is awesome, but there are other benefits to having a side hustle. Some examples of side hustles are pet-sitting, a Sunday Brunch band gig, or selling items on eBay or Etsy. Side hustles have become popular in recent years, in fact, one recent survey found that about one in three Americans has some kind of side hustle going.

• 36.7% made between $101 and $500 a month

• 19.8% made between $501 and 1,000 a month

• 31.2% made $1,001 to $5,000 a month

• 7.5% brought in $5,000 to $10,000 a month

• 4.7% reported earning over $10,000 a month

Here are some of the great benefits to having a side hustle.

Work From Anywhere

This is my absolute favorite. A side hustle can empower us to work productively from anywhere, while remaining aligned and connected with our company culture and goals. I love working from the beach, the boat, or the mountains.

Do Something We Love

A side hustle brings in more money, but it can also reignite our passion for a hobby or activity that we love. This is a great opportunity to experiment with turning our interest into an income source. Working on something we love can be so much fun.

Expanding Our Network

A side hustle gives us the ability to meet new people and expand our network. These new connections can lead to many benefits, including more customers, new friends, or a new career opportunity.

Budget Easier

Having a solid budget will improve our financial health. But getting that budget in place can be a challenge when money is tight. A side hustle has the potential to bring extra income, creating a little wiggle room for us.

Fun, New Skills

While learning the business of a side hustle, this may encourage us to develop important customer service skills, media marketing skills, video editing skills, accounting skills, and so much more, all while making extra money. Taking on a side hustle can help us develop a more robust toolkit for future endeavors.

Stress Free Saving

Extra money can help with less stress when the bills are due and create some breathing room to start saving and planning for the future.

Prepare for an Emergency

One of the benefits of a side hustle is to help us grow our emergency fund. Extra cash from a side hustle could be used for extra emergency foods at home, money for emergencies, 6 months extra income is good to have in case of job loss, medical emergency, or a family emergency.

Pay Debt Quicker

High-interest debt can easily eat away our paychecks, so money from a side hustle can be a huge help. Interest from personal loans or high-interest credit cards can compound quickly, making it harder to pay off as the balance grows. Using income from a side hustle to pay off debt could lead to paying it off faster.

Reach Our Financial Goals

An extra hundred dollars a month can help us work to reach our financial goals with planning a vacation, saving for a house downpayment, or preparing for retirement. Extra money can help us reach our goals quicker.

Are you interested in a side hustle?

Then I invite you to join in on the fun, friendship, and extra money!

Partner with me today and receive a variety of the Pomifera Brand Products, a replicated website that your referrals can order directly from, as well as instant access to your Owner’s Suite that puts running a small business right at your fingertips, for only $99.