5 Reasons to start your side hustle right now.
- Nivaasini
- Oct 3, 2020
- 3 min read
Updated: Oct 15, 2020
Side hustles are that important? Do you need to have one? Before diving into those debates, let us figure out what side hustle is? You have a normal 9 to 5 job(mostly) and you get a certain amount of money in your bank account. A side hustle is a money-making technique apart from your normal job for an extra source of income. A side hustle is becoming new normal especially in this pandemic situation, to face this uncertain economy.

There are many options available to do a side hustle. That is a whole different topic. Convincing our mind is the first step as it may tell several excuses to go a mile extra. In this blog, I will give you 5 reasons why you should start your start hustle which is worth than excuses.
1. To pay off your Debt

As humans, it becomes quite difficult nowadays to live a debt-free life. There might be car loans, home loans, education loans, credit card debt, etc.. Your 9 to 5 income can do better in paying off your loans. But having an extra source of income can contribute more. It can give you some peace of mind. Check this article which stresses the importance of side hustle,
2. To Tackle Inflation

Inflation is referred to as an increase in the price of goods and commodities. Inflation is unavoidable and unpredictable at times. We can see an increase in the price of groceries, gas prices, electricity bills, monthly rent, and many more. You may be free of debts but inflation can burn your pockets. Having an extra source of income from your side hustle can help you handle these expenses. Your primary source of income can be used for other purposes.
3. To kickstart your creative side

Do you have good culinary skills, teaching skills, painting skills, or any other? Then what are you waiting for? Start your side hustle right now. Not everyone opts for a side hustle for an extra income. Extra income may not be the reason but following a passion can be the reason. You can use your free time to hone your skills. A couple of hours a week initially can be invested in upgrading your skills. Check this blog to turn your hobby into side hustle,
Making a small amount of money is another stepping stone towards your passion. It can help you to buy the course you want or save for your dream vacation or to gift your loved ones. Following passion with an extra income in your pocket makes you feel good. Check this video to turn your hobby into a business venture,
4. To Push you out of your comfort zone

Having side hustle does not relate only to you. It needs a lot of networking. It pushes you out of your comfort zone to deal with unknown people. It requires a lot of commitment to learning new skills. You need to be adaptive and have an open mind to increase knowledge. You are responsible for your business and no boss or manager is guiding you. You are responsible for your success or downfall. Having said that, taking whole responsibility on your shoulder will increase your confidence and self-esteem. Yes, it can be another feather in your cap.
5. To save for rainy days

We wish to be in a safe and secure place in our life. Financial security is most important for peace of mind. Sometimes things do not go as per our wish. It’s visible in the pandemic crisis. We could see news about layoffs, salary cuts, low/no hike, economic crisis, etc.. Whatever be the situation, we have to pay our debts, monthly rent, groceries, monthly medical expenses, school/college fees, etc.. based on our commitment.
We wish the above crisis should not happen in our life. This increases our stress and anxiety. Having multiple skills in your hand can help you in a difficult situation. It may not compensate for the primary source of income but it will help to tackle the situation better. A side hustle can help you to have multiple sources of income. Check this article which gives 5 reasons why you should have other sources of income,
Yes, these are the 5 reasons to start working on your side hustle. I hope you are convinced to work on your passion. Thanks for reading.
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