What is a Side Hustle, and Why do You Need One?

A side hustle is starting a small business on the side of your full-time career to make a small amount of extra cash each month. Do you need one? Not always―but it’s a great way to make money, enjoy a hobby and explore your other interests.

Every month we should be calculating what we make on average and what we spend. Most of us would ideally like to save more than what we already do, and that is where a side hustle comes in. Overspending each month leads to debt, which leads to bigger issues. If making an extra $100 a month is going to help us live within our means, why not try?

Many people who are heavily involved in personal finance often boast about the freedom of a “side hustle”. If you can be paid to partake in a hobby, it is definitely worthwhile. Here are 10 potential options that could be considered.

Here are some side hustle ideas to get you thinking:

  • Blogging
  • Baking
  • Coaching
  • Refereeing sports
  • Tutoring
  • Selling products
  • Serving at a restaurant
  • Landscaping (mowing lawns, shoveling snow, gardening, etc.)
  • Freelance writing
  • Dog walking
  • Pet sitting

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