This is a guest post by Melanie. She blogs about breaking up with debt at deardebt.com and invites others to write breakup letters to their debt as well. She’s accumulated a total of $81k in student loan debt between two degrees, and has paid off $37k. Currently she puts more than 50% of her income towards debt, while living a frugal, fun life. Follow the adventure @DearDebtBlog If you would like your personal finance story or article to be feature on Vosa let me know here
Side hustling, or the art of making money on the side, is great for many reasons. It can help you get out of debt, save extra money, or fund that elusive, hard-to-reach goal. I’m currently in the process of paying off $81k in student loans. I’m halfway into my journey and plan to be debt free in the next three or four years. My progress would not be possible without side hustling.
Of course, the extra money that comes from side hustling is the largest benefit, but there are many other unexpected benefits as well.
1. Learning New Skills
Side hustling is a great way to learn new skills. Whereas most jobs want you to have established skills, side hustles are more flexible. Side hustling can be a fertile ground for learning new things and improving on the skills you already have. Trying new things is the best way to learn new skills. Get out of your comfort zone and be open to failure!