Inside: A lot of people LOVE side hustles. But did you stop to think about their negative consequences? Here are ten reasons you shouldn’t be side hustling.
I started side hustling when I was just a wee toddler, even if I didn’t know that’s what it was called at the time. All I wanted to do was sell wild blueberries to my mom for $5 a pop. Clearly my business model needed refining.
Flash forward 25 years. I’ve learned a lot about side hustling in the meantime.
But, I hate to admit it, guys: side hustling isn’t a very good idea.
- 1 You’ll Have More Money
- 2 You’ll Develop New Skills
- 3 You’ll Be More Resilient
- 4 You’ll Meet New People
- 5 You’ll Be More Productive
- 6 You’ll Be A Role Model To Others
- 7 You’ll Be Less Likely To Buy Stupid Shit
- 8 You’ll Have Less Time To Spend Money
- 9 You’ll Be Able To Relax More
- 10 You’ll Feel More Accomplished
- 11 Conclusion
You’ll Have More Money
A lot of people start side hustling to get ahead on debt.
Did you know the average American spends over $8,000 per year on interest alone? Think of all the creditors who rely on that kinda income. Who will pay their bills? THEY TUK ‘ER JOBS!
You’ll Develop New Skills
I started out life after grad school with the glorious job title of Research Associate in a lab animal facility. Make no mistake; my job was to scoop poop, mop floors, and forget about all the stable isotope mixing models I’d just learned about.
Side hustling taught me to market myself and to write. You know what I’m not doing now? Scooping poop and mopping floors. Who will be the mopper of floors and scooper of poops if you’re not?
You’ll Be More Resilient
Most of us were only taught how to do one career with the expectation we’d do that till we retired.
If you think of your side hustle as training wheels for your next career, you’ll be in a much better position when the time comes to move on.
Because do you know what we need? More people who are clueless because the job they and their pops and their grandpappy have been doing since the Stone Age is being phased out.
You’ll Meet New People
One of the most valuable things for young people just starting out is their network (cue horror music).
The best way to develop a network is by expanding the amount of people you know. You can do that really easily with your side hustle.
All I can ever think of when networking comes to mind is how terrible I am with names. I’ve been known to call people repeatedly by the wrong name even after they’ve corrected me (awkward). I’ve used my maiden name on several occasions—in front of my husband, who I’ve been married to for ten years. Yet, I still make a point to go out and meet people even though I’m the world’s biggest introvert.
There’s still time for you, though. Save yourself.
You’ll Be More Productive
If there’s anything more riveting than watching Kim Kardashian’s butt on TV, I don’t know what it is.
Film entertainment is a $143 billion industry in the United States today. Just think what would happen if we all stopped being couch potatoes and started working on other projects!
You’ll Be A Role Model To Others
I didn’t even know paying off your debt early was a thing until I read about people who did it. I had no idea you could actually retire early (even if you’re not a doctor or a software engineer!) until I saw people doing it.
How will we keep people happy to be broke and in debt if they see us working hard against those things?
You’ll Be Less Likely To Buy Stupid Shit
You know what makes you tighten up the purse strings like none other? Side hustling. You know how hard you worked for that money when you could be doing other things, and so you’re less likely to blow it on stupid shit.
If everyone was side hustling and using their money for good purposes, who the heck would prop up the Margaritaville industry?
You’ll Have Less Time To Spend Money
Once upon a time, people went shopping at the mall on the weekends as a hobby.
Those people now are in credit card debt up to their eyeballs.
But do you know where you’ll be if you spend your weekends working to make money rather than spend it? In positive-net-worth-ville.
If everyone did this, who would buy stupid shit on QVC at 2 AM? THINK OF THE TCHOTCHKES!
You’ll Be Able To Relax More
The U.S. collectively spends more than $5 billion every year on anxiety and depression treatments. I’m no psychologist, but I’m betting a fair amount of that money is spent treating…well…money problems.
You know what I constantly worry about? Not having enough for retirement. Did you know half of households over age 55 have no personal retirement savings?
I would hate to live in a cardboard box and eat cat food (surprisingly, two of my favorite things as a wee toddler, I’m told) as an old person. Because you know what’s super awesome? Living on just $1,360 per month—the average Social Security payment.
But, if you have enough money, you won’t need to worry about any of this.
You’ll Feel More Accomplished
The average American spends 4.5 hours per day watching TV.
You know what’s super sexy? A beer-belly dad-bod. HAHA—nope.
I’m just kidding. In case you haven’t noticed, I think side hustling is actually a fantastic idea. I think everyone can benefit from a good side hustle, especially people who are in debt and/or lacking in savings.
The excuses you have about why you can’t earn extra money are just that—excuses. Fight through them, and you can see what you’re really worth, and what you’re really made of.
What are some ways you think side hustling is a “bad” idea? Leave a comment below!
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