Although starting a side hustle may sound like a daunting task, there are many benefits that come with this latest trend. According to CNN Money, over 44 million people are embracing a side hustle lifestyle. Discover a few of the benefits of starting your own side gig below.
New Opportunities
No matter what kind of side hustle you choose it’s bound to present new and exciting opportunities. It’s a great way to network and join a community of like-minded individuals; it may even lead to new job opportunities with companies who see potential in what you’re doing.
Multiple Sources of Income
When you have a little extra money in the bank you can do two things: splurge or save. A side hustle could fund your next vacation or big purchase. This extra income could also be put into a savings account to create a safety net for a rainy day.
A Sense of Purpose
After being in one role for a long time, many people begin to feel lost and disinterested. A side hustle should be something you’re passionate about; a way to escape your full-time job and re-focus your energy. Even if the side work doesn’t bring in the big bucks it still builds character.
Competitive Advantage
Side hustles provide the opportunity to learn and develop new skills and expand your knowledge. This could give you an overall competitive advantage and make you a more well-rounded person. The new challenges you face when running a side gig will make you a stronger and more capable individual.
Self-Esteem
Escape the stress and hardships of your day job by turning your attention to something else in your free time. A side hustle is not unlike a hobby - it’s something to get your mind off the pressures of every day. A side job gives you the chance to do something you enjoy and have fun with, boosting your self-esteem after a typical 9 to 5 workday.
