5 High Paying Side Hustles: How I Made $1,000 a Month
Importance of earning extra income The reason for starting a side hustle is very self-explanatory for many people: extra money. Whether it be to pay off debts, increase disposable income, or to put towards savings and investments, extra income is very appealing.
One great thing about side hustles is that there is very little risk involved. It’s not like quitting your job to start a new one and not enjoying it, and then having to find a new job.
Side hustles can be maintained even after the income from it is no longer needed, or it can be dropped and picked up again later. Coming from personal experience, even earning $250 extra income per month can greatly contribute to paying off debts, increasing disposable income, and putting more towards savings and investments. This, in turn, can alleviate financial stress and burden.
Side Hustle 1: Freelance Writing
As a freelance writer, the options are vast when it comes to writing. Many freelancers effectively write for websites, with around 50% of today’s online content being outsourced from small businesses.
This form of writing can earn anything from a few dollars to large sums, depending on your experience and the success of the business. For those coping with one or two large…
