But if you treat it like just another hobby, it will pay you like one. It is your paying hobby that excites you to pursue it and fills your pocket with extra cash. I like to say if you treat it like a job, it’ll pay you like a job. Your side hustle should be based on your aptitude, skills and interests - what you like to do in your leisure time.

Starting a side hustle is always a good idea to add an extra layer of cash to your main income stream. With all of these meme stocks and different crypto coins popping up every day, it is advisable that you seek expert advice before choosing investment plans or options.

Investing early and starting small is better than jumping into a big, risky move that seems monetarily attractive but can cause a big loss. It is about how much money you are able to retain.Īlthough there are various ways to invest, successful investing depends on learning and staying up to date with changing trends. It is no secret that financial stability is not about how much money you make. The glamorous social media world, modern amenities and high-end accessories presented as necessities are some main factors among many others that prompt people to impulse buy. It might seem obvious, but it is the hardest to implement - cutting one’s unnecessary expenses and discretionary purchases can be difficult. One thing I do in particular is designate a particular percentage of all of my earnings into different goal-based accounts. Ideally, it should be an automatic process so that a good amount of your income can be directly added to your investment and long-term savings goals. Obviously, you need to pay your bills, but if you save a portion for particular goals, you’ll be more likely to reach them. Every financial coach or guru has always said that saving a good portion of every paycheck before spending it on daily living expenses is crucial to making big moves.

Better money habits call