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Episode 3675:
Madison Block looks at why roughly 40 percent of Americans have taken on side work, and finds that for many of them it is a necessity rather than a choice. She walks through the tax side of a second income, the time and energy a side gig actually costs, and the warning sign of leaning on irregular income to cover regular bills. Her advice is to fix the budget first, then take on a hustle that fits your skills and your schedule.
Read along with the original article(s) here: https://womenwhomoney.com/side-hustle-to-make-money/
Quotes to ponder:
"A side hustle is any work you do to generate extra income beyond what you earn at your full-time job."
"It's troubling that so many people rely on extra income from side hustles to cover everyday expenses because income from side work is often irregular."
"It's not worth compromising your physical and mental health if you end up overtired, overworked, and stressed out."
Optimal Finance Daily is a daily personal finance podcast where we narrate the best articles on financial independence, investing, saving money, and money management, read to you by a professional narrator so you can grow your wealth a little more every day.
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