Are you interested in achieving financial independence? If so, you may have already heard about the importance of smart investments, strategic savings, and living below your means.
Times are tough. The economy is in a slump, and it seems like finding a job is harder than ever. If you’re one of the millions of people who are struggling to make ends meet, you may be wondering if there is anything you can do to improve your situation. With interest rates on the rise, many people are struggling to pay for basic necessities like housing, utilities, and food. Having a side hustle can help to offset some of these costs and provide a much-needed financial cushion. So if you’re looking for ways to make ends meet, consider starting a side hustle. It could be just the thing you need to stay afloat during these tough times.
Sustainable investing is on the rise as investors become more and more interested in finding smart ways to invest their money. By definition, sustainable investing refers to any investment strategy that seeks to preserve or grow capital while taking into account environmental, social, and corporate governance (ESG) factors.
In other words, sustainable investors are not just looking not just at the financial performance of a company. They are also looking at its impact on people and the planet.
At least 70% of people in the world work 8-hours day jobs. The majority of these people are still struggling with finances, barely able to break even each month.
That’s why some people develop a side hustle. It not only adds financial independence and flexibility to your life but also allows you to explore your ideas and test your limits.
A recent study by Zapier showed that 34% of Americans have a side hustle and around 61.1 million Americans plan to start one in 2021. The numbers are staggering, especially when people also have busy lives and families to tend to. The survey also reported that more than 62% of the people do it for the money rather than mere interest
Starting a side hustling can be different for everyone. To one person a side hustle may mean to rent out something they own while for others (usually the younger generation), a side hustle could mean blogging or freelancing online.
Traditionally, we take on one full-time job that’ll consume most of our day. We go home, sleep, and repeat the same cycle again until we retire of old age. But for some people, having one job is not enough.
Nowadays, more people are taking on a side hustle, or another form of work in addition to their full-time job. According to Zapier, 1 in 3 Americans currently have a side hustle, and over 61 million people plan to start a side hustle this year (2021).
The report found that parents are nearly twice as likely to start a side hustle compared to their single counterparts. But, how can parents manage their day jobs, kids, partners, and various other family matters all at the same time?
Before we get to that, let’s look at what a side hustle is, and why you would (or should) start one…