I earn an extra $4,000 a month from side hustles – and it only takes 10 hours a week… – The Sun

DANIELLA Flores has been earning extra cash from side hustles for 15 years – and it now boosts her bank balance by $4,000 each month.

The savvy 32-year-old also works full-time as a software engineer and data analyst, but makes the most of her spare time.

Daniella (left and pictured with her wife) started making extra cash from side hustles in high school

2

Daniella (left and pictured with her wife) started making extra cash from side hustles in high schoolCredit: Daniella Flores
Daniella says she's on track to become financially independent from her day job in five years

2

Daniella says she’s on track to become financially independent from her day job in five yearsCredit: Daniella Flores

She said it all began in high school, when she flogged clothes for cash – and later developed more professional side hustles.

Daniella, who lives near Seattle in Washington, told The Sun: “My first real side hustle was when I started doing freelance web development.

“At the time, I had lost my job. I was working as a waitress and needed extra money.

“One of my old clients from my old job then reached out to me, which is how I got into freelance web development.

Today, she has a wide range of extra income streams, which come from her free side hustle resource platform I Like to Dabble, freelance writing and coaching.

Thanks to the success of her own business, which launched in 2017, she’s been able to hire a virtual assistant and a freelance writer to help it grow even further.

It means she now only works between 10 and 15 hours each week, outside of her day job.

Daniella said she starts her day job, which she does from home, around 6am every weekday and then finishes around 2pm in the afternoon.

This leaves her with plenty of time to do other things, although she makes sure to not work on side hustles beyond 9pm.

The bulk of it is also usually done on Sundays, when she’ll do around four or five hours.

It was a different story when she just launched her business, when she spent between 30 and 40 hours a week to get it off the ground.

Although she said time management “is still a challenge”, she makes an effort to avoid burnout.

Together with a monthly pre-tax income of $9,300 from her full-time job, it means she’s on track to become financially independent.

Daniella said: “We’re about five years away because [my wife and me] moved cross country last year and that kind of stalled things for a second.

“We didn’t really save anything for like six months, but we’re back on track for saving again.”

“In five years, I want to be able to be completely financially independent from a day job, and then semi independent by not having to do daily work at all.”

She added: “I’ve actually never really known a life without a side hustle and have always worked something else outside of my day job.”

“Some weeks are definitely stressful, but [my business] is this little creative baby that I like taking care of.”

How to make extra cash from side hustles

If you’re keen to follow a similar path, we share Daniella’s top tips below.

Jot down skills you have

If you don’t know where to start, the first thing to do is to jot down all the skills you have and things others may not recognize as skills.

It could also be things that come to your mind that you don’t even consider to be a skill, Daniella said.

Note down what you want to try as a side hustle

Next up, note down the things you want to give a go as a side hustle to make some extra cash.

Daniella said: “It could be something you want to do that lights you up in some way. But it doesn’t have to be a passion either.”

Review the list – and start hustling

Once you’ve come up with a list, Daniella recommends reviewing it and crossing out the things that feel dull or don’t give you any feeling.

It could also be things that give you a sense of dread too, perhaps due to skills from past jobs, work trauma or anything else.

Daniella noted: “If so, cross those out. Who cares if it’d make you a lot of money, it’s not worth it”.

If you’re after inspiration of what may suit you, the I Like to Dabble website also has a free quiz that could help you on the way.

Watch out for pyramid schemes and multilevel marketing

Before you get into side hustles, there are also a few things to stay away from, Daniella warned.

She said: “With the rise of online side hustles and the opportunities to make money online, there are a lot of scammers out there.

“The world of multilevel marketing is a red flag. You want to stay away from things like that and pyramid schemes and cryptocurrencies.

“Only engage in cryptocurrency projects or NFT projects if you absolutely know what you’re doing and the people that you’re doing it with.”

An Amazon seller recently revealed her best advice for making a fortune selling items online.

Meanwhile, a woman claims she paid off $105,000 worth of debt in just eight years through side hustles, including dog-walking.

I made £30k selling on Amazon in a year – it’s my side hustle and with my tips you could rake in a fortune too

We pay for your stories!

Do you have a story for The US Sun team?



from WordPress https://ift.tt/3wdHoRS
via IFTTT

Post a Comment

0 Comments