Even before the ongoing COVID-19 pandemic, many people used their free time to engage in their passions. Whether knitting scarves and selling them on Etsy or doing home repair work for neighbors, side gigs are becoming more common for people with standard, 9-to-5 day jobs.
Side hustles are great options for many people for a few reasons — they serve as an extra source of income, help you make ends meet or build savings for retirement. The money you bring in from a side gig can be used for various purposes, depending on your financial situation and future goals.
Aside from financial gains, side hustles allow you to do what you enjoy and are passionate about, something your day job might lack. It’s common for professionals in the corporate world to switch paths and take on a new business endeavor that’s more tailored to their passions.
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