If you are looking for a way to boost your income, pay off debt, or increase your savings while still keeping your regular job, a side hustle might just be what you need.
I was at the 60th birthday celebration of a dear friend, Emmanuel Samson, (who I regard as a big brother) last Sunday. It was great; many people, including me, gave tributes of what an influence the celebrant has been in their lives. His children did the same but with a pre-recorded video in Q and A format.
One of the children caught my attention when she said, her father encouraged all of the children to have side-hustles in addition to their regular jobs or education. All of them, except for the youngest, have heeded that advice. Those children will forever be grateful for that fatherly advice.
Having a side hustle not only is a way to make some extra cash but it also allows you the flexibility to pursue your passion even though you still have your full-time, regular job.
You can ask for a raise from your employer, but if you’re not successful and you still want or need to increase your bottom line, then you need to consider taking on a side hustle to create an additional income stream.
You can use that money you make towards saving more, investing or paying off debt. And who knows, as your income grows with your personal growth, that side hustle could turn into a bigger venture, leading you to be able to quit your day job and make this year the year you became your own boss!
If you require motivation to help you kick-start your journey to financial freedom, I recommend this book.Niyi Adeoshun
Money Management Coach
Author of "The Price of Financial Freedom"
(3 Essential Steps for Breaking the Cycle of Debt)