Is 2022 The Best Year To Start A Side Hustle?

Having a primary job is a good starting point in earning a sufficient income to put food on the table for you and your family. However, as your family grows, so do the expenses.

Not to mention your country’s rising inflation rates, which make it extremely tough for your income to suffice. Now, after the pandemic that affected the livelihood of everybody in the world, many people might be wondering if 2022 might be the best opportunity to improve their quality of life.  By pursuing all possible things to elevate the standard of living through an additional income stream, such as a side hustle.

With that being said, it’s high time that you consider looking for opportunities to earn an additional income during your free time. Fortunately, part-time jobs that are offered online or physically employ you in your community are in abundance. There are a lot of options to choose from depending on your skillset and experiences.

If you’re still contemplating if getting a side hustle is ideal for you, here are some pros and cons that you can rely on before pursuing a side hustle this 2022.


Pros

1. It Can Open Up Flexible Job Opportunities

The pandemic may have affected the lives of many people, but it surely opened up doors to opportunities. Working from home and hybrid job setups gave everyone the chance to gain extra time to perform other things that can generate extra income for the family. After fulfilling your required hours in your primary job here are some flexible online opportunities that you can engage in online:

  • Online Tutoring
  • Affiliate Marketing
  • Blogging
  • Video Editing
  • Freelance Writing
  • Reselling
  • Virtual Assistance
  • Online Survey Responder
  • Teach English Online
  • Graphics Designing

The opportunities are truly endless, which is why there are plenty of options for everyone. To find one that’s suitable for you is all dependent on your efforts to scour the internet to look for the best money-making apps that would be worth your time and your skills.

2. Additional Source Of Income

Pursuing a side hustle can possibly earn you a considerable amount of money, especially for online opportunities, they usually pay you per hour or per project, usually, it’s up to you how many hours you’re willing to commit to finishing the assigned task.

If you have a lot of extra time to spare, then doing this part-time gig can be considered an additional income source. Go now and search online by looking for an ‘additional source of income’ in the search query, for sure your search engine results will uncover many choices for you.

3. Part-Time Jobs Encourage Social Interaction

Part-Time Jobs Encourage Social Interaction

Another route that you can consider is applying for a job within your community. These kinds of jobs may need manual and physical work, but if you’re the type of person who loves to interact with people, then you’ll enjoy the following part-time jobs:

  • Sales Associate
  • Barista
  • Babysitter
  • Catering Staff
  • Private Tutor
  • Grocery/Convenience Store Staff or Cashier
  • Driver

Just like online opportunities, there are also many community-based part-time jobs to choose from. For someone who loves engaging with people from all walks of life, this side gig not only provides you with additional income but also builds your connections and enhances your overall well-being.

4. Enriches Your Work Experiences

Regardless of the nature of the job you're sidelining for, there’s no denying that while doing it you’re harnessing your skill and being good at it as you go along.

It may be about earning an additional income at first, but as you excel at what you do, you’ll begin to love it because you’ve opened a new door to learning or improving what you possess all these years. Being able to enrich your skills and experiences can open up opportunities in the future with a big fat check attached to it.


Cons

1. It Can Be Exhausting

Having to work for your primary job during the day, and the need to still work again for your side gig after may really be exhausting physically and mentally. Not to mention the stress and pressure that comes with both jobs may leave you anxious and overwhelmed. If the workload increases, it may lead to burnout and resignation.

2. It May Lead To Social Isolation

Maintaining two jobs within a day may take all of your time, leaving you with less time for family, leisure, and rest. You should be ready for these sacrifices because serving two masters can be time-consuming and demanding. Isolating yourself from the world and just continuing doing both jobs may result in physical illnesses and mental overload in the long run.

3. It May Result In Losing Your Primary Job

The intention of looking for a side hustle to earn extra income is admirable. However, the lack of a systematic approach to balancing your time in fulfilling all your tasks and duties, especially the ones required by your primary job may lead to poor performance and chances of getting fired.

Your primary job should always be your priority, always keep in mind that what you’re earning from your side gig may not be enough to sustain your family’s expenses if you’ll be let go of your primary job due to performance problems.


Conclusion

It’s challenging to earn a decent income. Aside from the bills an individual needs to pay, there are a lot of unexpected expenses that may come your way. Saving up for this is nearly impossible if you stick to your primary job. This year may be considered the best time to pursue a side hustle because of how the new normal opened up more opportunities to opt for. It’s the ideal time to adapt and get used to options to earn extra income for your family.

This article has outlined the pros and cons of getting a side hustle, it’s now up to you to decide based on the information mentioned above.

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