Today's post comes from Julie at Fab Working Mom Life! She is a hard working mom ready to help you find the fabulous in working mom life!
A side hustle is an additional business that someone does part-time in addition to their regular daily job duties. This could mean a working parent puts in time on their side hustle during evenings and weekends, or a stay at home parent works on their side hustle during naptime.
Side hustles are becoming a desirable option as busy parents need more flexibility and a better work-life balance. Between a mortgage or rent, feeding a family, and any other debt we may have accumulated (student loans for example), balancing our budgets becomes vital to a medium or large family’s financial well-being.
The ability to make some extra money from home is amazing and can be such a help for many families.
Reasons busy moms should consider a side-hustle
Today we are sharing some tips and reasons why a busy mom may like to consider adding a side hustle to her admittedly already busy lifestyle.
Side hustles give you a creative outlet. Whether turning a hobby into a business or starting something new based on an interest you have, a side hustle gives busy moms the opportunity to do something creative and different. It gives you the freedom to pursue interests and ideas completely separate from your day job or gives you the ability to cash in on your expertise on a subject you are not focusing on at work.
I know many stay at home moms who yearn for adult interaction and activities that are mentally stimulating, and a side hustle gives you the ability to have both. I also know many working moms who have ambitions but their current jobs have them going in a different direction. So they can use a side hustle to fill their cups.
Side hustles are a great learning experienceWhen you start your own business, you learn a lot. There are so many ins and outs of running a shop or a service that we may not understand or get to experience in our daily corporate lives.
These new skills and lessons learned with a side hustle can also be applied later to helping grow in our careers or future businesses.
Side hustles create extra room in your budget. Most importantly, a side hustle earns income, which gives you more room in your budget for what matters most. When you have specific financial goals or have extra unexpected expenses come up, being able to bring in extra money is so helpful. It can help you save up for a special vacation, pay off student loans or medical debt.
Ideas for Side Hustles
There are so many side hustle businesses you can start or join. Below are some suggestions for side hustles. You can read more detail and some mom boss interviews on this post: 21+ Side hustle ideas to earn money from home and pay off debt.
Hi! I am Ali, a homeschool mom who is passionate about science, managing my money and time well. Unfortunately, with an army of tiny faces, I am always still kind of a mess.
Are you a mom trying who feels lost when it comes to managing your money?
Click the image above to join my Facebook group.
In the group, you will get FREE access to short learning modules to give you a thorough understanding of realistic personal finance for moms.
Enjoy the support of other mom's looking to change their lives just like you!
Click here to learn more!