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With my side hustle(s), I started making some serious traction towards my money dreams, paying cash for my husband’s school, building savings, and was able to get a month ahead on all my expenses – no longer living paycheck to paycheck.
Having this ability to bring in extra money has had such a positive impact on my finances, that I firmly believe everyone, especially you, could benefit from a side hustle!!
A side hustle can look like anything, including:
- Selling things from around your house on E-bay
- Making something and selling it
- Providing a service to someone
- Getting a part time job
- Teaching (music) lessons
- Blogging
Need some more great ideas for a side hustle? Check out 35 ways to give yourself a raise.
CLICK HERE TO DOWNLOAD THE FREE SIDE HUSTLE IDEA WORKSHEET
5 Ridiculously Valuable Benefits from a Simple Side Hustle
#1 Increase your income
Having a simple side hustle will help you bring in more money so you can actually pay for all of your bills/expenses, especially when you have already cut everything you possibly can. Now, you won’t need to rely on using your credit card or borrowing money just to survive.
You can get out of the living paycheck to paycheck cycle with more income – as long as you don’t increase your lifestyle to match the increase on your income.
Have you read the other posts in the series, 'Budgeting When Money is Tight'?
- 1. How to budget when you don't make enough money - I show you how you CAN budget when money is super tight!!
- 2. How to make a successful budget for your family once and for all - stop comparing your budget to everyone else's! If your budget is working for your family, then it's successful!
- 3. The real truth on how to make a remarkable budget - my biggest secret is consistency and I show you how it works!
#2 Give yourself some serious traction
A side hustle will absolutely move the needle on your finances. You will be able to make ends meet and start making traction towards your money dream(s)-paying off debt, building savings or whatever it is.
By picking up more hours and working a second job, I was able to increase my income by $5,000 to $10,000 each year that I worked my side hustle (s).
This increase allowed me to continue paying cash for my husband’s education and start building up savings with some serious traction!
Not sure where to started with a side hustle?
Check out the Side Hustle to Success e-course my friend Kristin put together after building multiple revenue streams with her all of her side hustles!
From online surveys to mystery shopping - virtual assisting to pet sitting (and so much more!), she has earned thousands of dollars in extra income each year and will teach you how to have a profitable side hustle! Get started today on a side hustle!!
CLICK HERE TO DOWNLOAD THE FREE SIDE HUSTLE IDEA WORKSHEET
#3 Decrease your stress
When you have enough money coming in that you can pay for all your bills/expenses and even some extra leftover at the end of the month, the stress goes down considerably!
It is very stressful when you simply don’t know how you can pay for everything with the little money that you do have. And the stress can cause health problems and relationship strain.
Yes, you will be giving up some of your time to work a side hustle, but you will be able to turn the corner on your finances and decrease the worry you have over money.
Reason #4 is the one that makes all the difference!! Click Read More to see what it is...
Like this post? Check out all the rest in :
- Budgeting When Money is Tight Series
- Ways To Earn Extra Money at Home Series
- Successful Budget Tips Series
Hi! I’m Charissa. I’m on a mission to help hardworking women overcome money struggles and gain financial peace with a Biblical perspective so they can have the freedom to impact their families and communities. Ready to make some changes that will impact your finances in 2020? Click here to get a free worksheet to help you make it happen!