Keeping and maintaining a 9 to 5 job is part of life. As it allows you to have some expected income every two weeks and it helps to keep you and your family fed. But sometimes, your income is not enough to keep your bills, food, and other payments in check. So, what do you do to make sure that you can make ends meet?
When the money from your full-time job is not enough to keep everything in order, you can do one of several things: cut back on your spending habits, start buying cheaper options at the grocery store, or you can take on a second job.
A side job, or sometimes referred to as freelancing, is not at all uncommon. A lot of people choose to get one especially when they realise that their income has become insufficient for their everyday lives. So, what happens is you take your extra time and do additional jobs for the extra money. But how do you know if you’re in need of one? Here are a few ways to find out:
Expecting the Unexpected
Life can deal you with unexpected challenges, and it can come in different shapes and forms. You could be preparing yourself for immediate payments like medical expenses, losing your job, or needing to buy that limited-edition game you’ve been eyeing. Whatever the reason, it is essential to always prepare your savings for whatever may come your way, finance-wise.
Big Savings or Investment
As an adult, you like to be financially prepared for anything. But your income is not enough to put anything in the bank. And if you can spare a few hundred per month, it may not be enough. Working a side gig can give you that extra boost you need to get your savings up. What’s more, if you’re looking to invest your money, a side gig can help you get started on saving for your first investment.
A Trial Period
Getting into a new career path can be hard. There are challenges you need to overcome and adjustments to your skills that need to be made. However, you can always test the waters, so to speak, by taking a side gig in the field you are planning to take on. Say, for example, you have a degree in IT but never pursued it after graduation. Now, a few years after you graduated, you want to get into it. A side gig can help you build a portfolio and get the experience you need to land a job in that field. Think of it as a training ground where you can also get paid.
You want change
Working freelance offers flexibility and the chance to work on projects you want when you want. That is why, if you’re a new parent who cannot come back to a regular job right away, or a student looking to get some extra money, a side gig, or a freelance job might be well suited for you. You are in charge how much you want, given that it is reasonable. Whatever your current situation in life, a freelance job can give you the opportunity to make connections in the field you are pursuing and earn some extra cash along the way.
Do you think you should take on a side gig? If you’re feeling up to the challenge and have the time to spare, there are several freelance sites that you can try, including Upwork and Fiverr, among others. Try your hand at freelance and enjoy developing your skill and earning extra money today!