Side Hustles
Definition: A side hustle is an additional job or project that someone takes on in addition to their regular full-time work. Side hustles can range from freelance gigs to running a small business, offering individuals a way to earn extra income outside of their main job. For young people, side hustles offer flexibility and the opportunity to explore interests and talents while providing a financial cushion.
Examples:
- Freelancing: Platforms like Fiverr, Upwork, and Freelancer allow individuals to offer services like writing, graphic design, web development, or digital marketing.
- Tutoring: Offer online or in-person tutoring via platforms like Chegg Tutors or Wyzant.
- Delivery or Ride-sharing: Use apps like Uber or DoorDash to make money driving or delivering goods.
- Creating Content: Starting a YouTube channel (YouTube Creator) or creating a podcast (Anchor) can turn into a profitable venture with the right strategy and audience.
Why it’s important: Side hustles allow you to diversify your income streams, providing flexibility, helping save for specific goals, and offering more financial security.
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Related Resources
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